v3.22.1
Consolidated Statements of Operations and Comprehensive Income / (Loss) - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Mar. 31, 2020
Income Statement [Abstract]      
Net revenue $ 747,596 $ 313,579 $ 138,715
Costs of revenue and operating expenses      
License fees and revenue share 370,648 178,649 83,588
Other direct costs of revenue 29,838 2,358 1,454
Product development 52,723 20,119 12,018
Sales and marketing 63,309 19,304 11,244
General and administrative 138,837 33,940 17,199
Total costs of revenue and operating expenses 655,355 254,370 125,503
Income from continuing operations 92,241 59,209 13,212
Interest and other income / (expense), net      
Change in fair value of contingent consideration (41,087) (15,751) 0
Interest income / (expense), net (8,495) (1,003) 41
Foreign exchange transaction gain 2,062 0 0
Change in fair value of warrant liability 0 0 (9,580)
Loss on extinguishment of debt 0 (452) 0
Other income / (expense), net (749) (146) 232
Total interest and other income / (expense), net (48,269) (17,352) (9,307)
Income from continuing operations before income taxes 43,972 41,857 3,905
Income tax provision / (benefit) 8,403 (13,027) (10,375)
Income from continuing operations, net of taxes 35,569 54,884 14,280
Loss from discontinued operations 0 0 (380)
Loss from discontinued operations, net of taxes 0 0 (380)
Net income 35,569 54,884 13,900
Less: net income attributable to non-controlling interest 23 0 0
Net income attributable to Digital Turbine, Inc. 35,546 54,884 13,900
Other comprehensive loss      
Foreign currency translation adjustment (39,395) (312) (235)
Comprehensive income / (loss) (3,826) 54,572 13,665
Less: comprehensive loss attributable to non-controlling interest (934) 0 0
Comprehensive income / (loss) attributable to Digital Turbine, Inc. $ (2,892) $ 54,572 $ 13,665
Net income per common share      
Basic (in dollars per share) $ 0.37 $ 0.62 $ 0.17
Diluted (in dollars per share) $ 0.35 $ 0.57 $ 0.16
Weighted-average common shares outstanding      
Basic (in shares) 95,198 88,514 84,594
Diluted (in shares) 102,640 96,151 89,558

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