APPSDigital Turbine, Inc.

$11.20+157% 1Y

RyuScore

Seven criteria, each scored 0 to 100 on a published scale, weighted into one number.

RyuScore 29 out of 100, Weak
Today's price. Only valuation depends on it.

Weak. Digital Turbine, Inc. scores higher than 23% of the 1,794 companies Ryufin scores.

Carried by earnings quality, held back by return on capital and return on new capital.

Technology median 47 · all companies 53

How the score has moved

At each fiscal year end, from the reports and price of the time
40
49
37
18
23
24
29
202020212022202320242025today

The biggest move was down 19 points from 2022 to 2023, mostly return on new capital.

Valuation

26% of the score, 30% here after data gaps

63median 37

Digital Turbine, Inc. is valued at 15.5x its operating profit before acquisition amortisation (EBITA), including debt: an ordinary multiple.

40x
30x
20x
15x
10x
6x
15.5x
Full points at 6x or less, none from 40xfull points

Return on capital

18% of the score, 20% here after data gaps

0median 34

Over 7 years the business earned -6.1% a year after tax on the capital it uses.

2%
8%
15%
25%
-6.1%
None at 2% or less, full points from 25%full points
Return on capital by year
7 years agolatest 4.9%

Return on new capital

16% of the score, 18% here after data gaps

0median 49

No operating profit over the period, so nothing was earned to reinvest.

Capital allocation

14% of the score, 16% here after data gaps

13median 64

How management spends the money: shares bought back or issued, and whether assets grow faster than the business they serve.

Share countUp 3.3% a year over 5 years: new shares
22
5%
-3%
3.3%
0 pointsfull points
Assets against salesAssets grew 26% a year, sales 13%
0
12%
-2%
14%
0 pointsfull points

Cycle position

Taken out: its 12% is shared by the others

n/ano data

Margins have been too thin to measure a cycle against.

Balance sheet

8% of the score, 9% here after data gaps

20median 50

What the debt weighs against the profit that has to carry it.

Net debt to EBITDA2.9x a year of EBITDA
40
4.5x
0.5x
2.9x
0 pointsfull points
Interest coverOperating profit covers interest 1x
0
1.5x
12x
1x
0 pointsfull points

Earnings quality

6% of the score, 7% here after data gaps

90median 90

Whether the reported profit arrives as cash, and whether the accounts show the usual signs of stretching.

AccrualsCash ran ahead of profit by 9.6% of assets
100
8%
0%
-8%
-9.6%
0 pointsfull points
Beneish M-score-2.62
81
-1.50
-1.78
-2.22
-3.00
-2.62
0 pointsfull points

How the RyuScore works

Each criterion earns 0 to 100 points on the scale drawn under it, and the RyuScore is their average weighted 26, 18, 16, 14, 12, 8 and 6. Scales bend in the company's favour between their ends, so an ordinary figure is never already near zero. For APPS, cycle position could not be measured from the filings, so it is taken out and the remaining weights scale up.

Built from the company's annual and quarterly filings with the SEC and today's share price. Banks, insurers and property trusts are not scored: their debt is their raw material, so these yardsticks mean something else there. Figures as of 2026-06-30, latest annual report FY2025.