Digital Turbine files audited 2020 financials for acquired AdColony; revenue $211M, net loss $7M

Digital Turbine, Inc.

AdColony 2020 revenue $211.0M (up from $183.9M in 2019); operating loss improved to ($6.8M) from ($21.8M).
Net loss for 2020 was ($7.0M), compared to ($30.4M) in 2019; total assets $306.9M, equity $99.1M.
Goodwill remains $182.2M; cash and equivalents $15.4M at Dec 31, 2020.
Unaudited pro forma combined financials for fiscal year ended Mar 31, 2021 also provided (Exhibit 99.2).

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