Is Digital Turbine, Inc. (APPS) Halal?

NASDAQ Technology United States $349M
✗ NOT HALAL
Confidence: 90/100
Digital Turbine, Inc. (APPS) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 85.1% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. Digital Turbine, Inc. operates in the Technology sector.

Shariah Screening — 5 Standards

Based on financial data from March 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 85.1%
/ 30%
8.2%
/ 30%
38.7%
/ 30%
0.2%
/ 5%
✗ NOT HALAL
DJIM 85.1%
/ 33%
8.2%
/ 33%
38.7%
/ 33%
0.2%
/ 5%
✗ NOT HALAL
MSCI 51.4%
/ 33%
4.9%
/ 33%
23.4%
/ 33%
0.2%
/ 5%
✗ NOT HALAL
S&P 85.1%
/ 33%
8.2%
/ 33%
38.7%
/ 33%
0.2%
/ 5%
✗ NOT HALAL
FTSE 51.4%
/ 33%
4.9%
/ 33%
23.4%
/ 50%
0.2%
/ 5%
✗ NOT HALAL

Financial Highlights

EPS
$-0.45
P/B Ratio
1.8
EV/EBITDA
7.4
EV: $671M
Revenue
$491M
Growth: 12.5%
Beta
2.3
High volatility
Current Ratio
1.1

Profitability

Gross Margin 47.9%
Operating Margin 14.3%
Net Margin -9.1%
Return on Equity (ROE) -27.5%
Return on Assets (ROA) 1.0%

Cash Flow & Balance Sheet

Operating Cash Flow$12M
Free Cash Flow-$16M
Total Debt$418M
Debt-to-Equity186.4
Current Ratio1.1
Total Assets$813M

Price & Trading

Last Close$2.98
50-Day MA$4.22
200-Day MA$5.04
Avg Volume2.9M
Beta2.3
52-Week Range
$2.11
$8.28

About Digital Turbine, Inc. (APPS)

CEO
Mr. William Gordon Stone III
Employees
647
Sector
Technology
Industry
Software - Application
Country
United States
Exchange
NASDAQ
Market Cap
$349M
Currency
USD

Digital Turbine, Inc., through its subsidiaries, operates a mobile growth platform for advertisers, publishers, carriers, and device original equipment manufacturers (OEMs). It operates through two segments, On Device Solutions and App Growth Platform. The company's application media platform delivers mobile applications apps to various publishers, carriers, OEMs, and devices; and content media platform offers news, weather, sports, and other content, as well as programmatic advertising partner and media content delivery services, and sponsored and editorial content media. It also provides direct campaign management products, such as the DT DSP and DT Offer Wall; ad monetization solutions that allow mobile app publishers and developers to monetize their monthly active users via display, native, and video advertising; brands and agencies, which run mobile brand-awareness campaigns on the direct mobile app inventory; and app developers and other performance-focused advertisers that execute mobile user acquisition campaigns for their apps and products. Its products and solutions are used in the mobile application ecosystem, enabling brand discovery and advertising, user acquisition and engagement, and operational efficiency for advertisers. The company operates in the United States, Canada, Europe, the Middle East, Africa, the Asia Pacific, China, Mexico, Central America, and South America. Digital Turbine, Inc. is headquartered in Austin, Texas.

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Frequently Asked Questions

Is Digital Turbine, Inc. (APPS) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Digital Turbine, Inc. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is Digital Turbine, Inc.'s debt ratio?

Digital Turbine, Inc.'s debt ratio is 85.1% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 51.4%.

What are Digital Turbine, Inc.'s key financial metrics?

Digital Turbine, Inc. has a market capitalization of $349M, and revenue of $491M. The company maintains a gross margin of 47.9% and a net margin of -9.1%. Return on equity stands at -27.5%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.