Digital Turbine, Inc. Annual report [Section 13 and 15(d), not S-K Item 405]

Annual report [Section 13 and 15(d), not S-K Item 405]

Earnings per Share

Earnings per Share

12 Months Ended

Mar. 31, 2025

Basic net (loss) income per share is computed based on the weighted average number of shares of common stock outstanding during the period. Diluted net (loss) income per share is computed based on the weighted average number of common shares outstanding plus the effect of potentially dilutive common shares outstanding during the period using the applicable methods. The Company excludes equity instruments from the calculation of diluted earnings per share if the effect of including such instruments is antidilutive.

The following table sets forth the computation of basic and diluted net (loss) income per share of common stock (in thousands, except per share amounts):


	Year ended March 31,
		2025		2024		2023
Net (loss) income per common share		$	(92,099)	$	(420,448)	16,870
Less: net (loss) income attributable to non-controlling interest		—		(220)		197
Net (loss) income attributable to Digital Turbine, Inc.		$	(92,099)	$	(420,228)	$	16,673
Weighted-average common shares outstanding, basic		103,747		100,975		98,783
Basic net (loss) income per common share attributable to Digital Turbine, Inc.		$	(0.89)	$	(4.16)	$	0.17
Weighted-average common shares outstanding, diluted		103,747		100,975		101,816
Diluted net (loss) income per common share attributable to Digital Turbine, Inc.		$	(0.89)	$	(4.16)	$	0.16

Potentially dilutive outstanding securities of 7,760,981, 4,405,087, and 1,390,650 for the years ended March 31, 2025, 2024, and 2023, respectively, were outstanding but were excluded from the computation of diluted net income per share because their effect would have been anti-dilutive.