secwatch.observer — SEC 8-K summary
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Issuer:     Digital Turbine, Inc. (APPS)
CIK:        0000317788
Form:       8-K/A
Filed at:   2021-07-14T23:59:59+00:00
Accession:  0001104659-21-092159
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.65
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/317788/000110465921092159/0001104659-21-092159-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/317788/000110465921092159/tm2121631d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-21-092159

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer