Digital Turbine, Inc. · NASDAQ:APPS
Digital Turbine — Merger or Acquisition (March 2020)
7 slides from Digital Turbine's merger presentation, Mar 3, 2020
Slide 1: Mobile Posse Acquisition Summary March 2020
Mobile Posse Acquisition Summary March 2020
Slide 2: Safe Harbor Statement
Safe Harbor Statement This presentation includes “forward-looking statements’ within the meaning of the U.S. federal securities laws. Statements in this news release that are not statements of historical fact and that concern future results from operations, financial position, economic conditions, p
Slide 3: Mobile Posse Acquisition Factsheet
Mobile Posse Acquisition Factsheet ❑ Terms of the Acquisition ❑ Digital Turbine’s acquisition of Mobile Posse was completed on February 28, 2020 ❑ Estimated total purchase consideration is $66.0 million, including $41.5 million in cash paid at closing and an estimated earn- out of $24.5 million ❑ No
Slide 4: Product Overview
Mobile Posse Product Overview ❑ Multiple cloud-based product offerings with a common purpose – to provide added monetization for operator & OEM partners while simultaneously providing desired media content for end users 2019 Revenue Breakdown By Product ❑ “firstAPP” is the first app that users see w
Slide 5: Financial Performance 2014-2019
Mobile Posse Financial Performance 2014-20191 Strong Top-Line Growth with Accretive Margins and Expanding Profitability Adjusted EBITDA Margin >20% $60m $14m $12m $50m 5-Yr Revenue CAGR of 48% $10m $40m $8m $30m $6m $4m $20m $2m $10m $0m 2014 2015 2016 2017 2018 2019 $0m 2014 2015 2016 2017 2018 201
Slide 6: Strategic Rationale Behind the Acquisition
Strategic Rationale Behind the Mobile Posse Acquisition What are the benefits to Digital Turbine and its shareholders? ❑ Complementary Products That Further Strengthen & Differentiate the DT Mobile Platform ❑ Reinforces competitive advantages via expansion of product capabilities and greater economi
Slide 7: Appendix – Mobile Posse Financial Data & Non-GAAP Reconciliations 2014-2019
Appendix – Mobile Posse Financial Data & Non-GAAP Reconciliations 2014- 20191 GAAP NET INCOME/(LOSS) TO NON-GAAP ADJUSTED EBITDA2 (in thousands) 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended December 31, 2014 December 31, 2015 December 31, 2016 Decem