Income statement, balance sheet and cash flow statement for the last 8 fiscal years, taken from the XBRL data Digerati Technologies, Inc. files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2017
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
Revenue
0.28
0.19
2
6.04
6.28
12.4
24.2
31.6
Cost of revenue
0.14
0.13
1.05
3.13
Gross profit
0.14
0.06
0.95
2.91
Selling, general and administrative
1.02
0.92
3.08
4.21
4.11
7.02
12.4
17.8
Operating expenses
1.4
2.38
4.87
8.4
8.39
14.8
27.8
36.7
Operating income
-1.12
-2.18
-2.87
-2.36
-2.11
-2.4
-3.68
-5.06
Interest expense
0.01
0.01
5.99
11.3
Other non-operating income
-0.02
2.62
-0.35
-2.29
-1.31
-14.6
-5.68
-4.47
Income tax
-0.12
0.05
-0.03
0.18
0.42
0.19
Net income to minority interests
0.44
3.22
4.65
-3.42
-0.33
-1.34
Net income
-1.14
0.44
-3.16
-4.52
-3.38
-16.7
-8.01
-8.29
EBITDA
-1.1
-2.17
-2.64
-1.69
-1.5
-0.69
-0.76
-1.15
EPS, basic
-0.22
0.07
-0.31
-0.27
-0.06
-0.13
-0.05
-0.05
EPS, diluted
-0.22
0.06
-0.31
-0.27
-0.06
-0.13
-0.05
-0.05
Shares, basic (weighted)
5.18
6.34
10.3
16.7
53.9
129
140
151
Shares, diluted (weighted)
5.18
6.98
10.3
16.7
53.9
129
140
151
Balance sheet
FY2017
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
Cash and equivalents
1.17
0.67
0.39
0.41
0.69
1.49
1.51
0.92
Receivables
0
0.02
0.23
0.26
0.21
0.62
0.62
0.75
Other current assets
0.01
0.01
0.12
0.11
0.36
0.23
0.38
0.65
Total current assets
1.18
0.7
0.74
0.78
1.25
2.34
2.51
2.32
Property, plant and equipment
0
0
0.71
0.58
0.43
0.53
1.65
1.35
Lease right-of-use assets
0.93
2.44
1.91
Goodwill
0.84
0.81
0.81
3.93
19.4
19.4
Intangible assets
0.03
0.01
3.05
1.83
1.45
15.2
12.2
Long-term investments
0.19
0.19
0.19
0.19
0.19
Total assets
1.42
0.71
4.56
4.24
4.35
16.5
41.7
38.4
Accounts payable
0.79
0.86
1.18
1.26
1.49
1.65
3.22
5.37
Accrued liabilities
2.91
0.37
0.89
1.49
1.84
2.57
9.63
9.88
Short-term debt
0.02
0.02
Total current liabilities
3.7
1.22
4.46
6.64
6.57
26.6
31.8
67.6
Long-term debt
0.5
65.2
0.04
6.24
Lease liabilities
0.08
0.43
1.79
1.32
Total liabilities
3.84
1.36
5.56
6.9
6.96
33.4
67.5
69.3
Total debt
0.02
0.04
0.5
7.78
Paid-in capital
75.7
77
80
83
86.4
89.1
89.5
93.9
Retained earnings
-78.1
-77.6
-80.8
-85.3
-88.7
-105
-113
-122
Other comprehensive income
0
0
0
0
0
0
0
0
Shareholders' equity
-0.64
-0.79
-2.32
-2.23
-16.1
-23.8
-27.6
Minority interests
-0.21
-0.34
-0.38
-0.71
-2.06
-3.29
Total equity
-2.41
-0.64
-1
-2.66
-2.61
-16.9
-25.8
-30.9
Total liabilities and equity
1.42
0.71
4.56
4.24
4.35
16.5
41.7
38.4
Shares outstanding
5.23
8.39
12.8
23.7
101
139
142
161
Cash flow statement
FY2017
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
Net income
-1.14
0.44
-3.22
-4.65
-3.42
-17
-9.35
-9.53
Depreciation and amortization
0.02
0.02
0.23
0.67
0.61
1.71
2.92
3.91
Stock-based compensation
0.02
0.77
1.04
1.13
0.62
0.1
0.88
Deferred income tax
-0.16
Change in receivables
-0
-0.01
0.06
-0.04
0.06
-0.07
0.48
-0.24
Change in inventory
-0.03
-0.02
0.01
Change in payables
-0.15
0.07
0.18
0.17
0.24
0.1
0.86
2.15
Cash from operations
1.38
-1.02
-0.99
-0.53
0.05
-0.71
-1.96
-3.22
Capital expenditures
-0
-0
-0.83
-0.05
-0.09
-0.41
-0.27
-0.44
Acquisitions
-1.79
-10.4
-12.8
Cash from investing
-0.21
-0.04
-1.54
-0.14
-0.21
-10.8
-12.9
-0.44
Debt issued
13
15.5
Debt repaid
-0
-0.03
-0.07
-1.34
-0.25
-0.3
Stock issued
0.56
0.1
0.05
Cash from financing
-0.01
0.56
2.24
0.68
0.44
12.3
14.9
3.07
Net change in cash
1.15
-0.5
-0.29
0.02
0.28
0.8
0.02
-0.59
Free cash flow
1.37
-1.02
-1.82
-0.58
-0.03
-1.12
-2.23
-3.66
Interest paid
0
0.14
0.54
0.55
1.11
2.51
2.29
Income taxes paid
0.12
Key metrics
Worked out from the statements above. Latest values use the trailing twelve months to April 30, 2024; growth uses fiscal years. Valuation uses the share price of $0.00 on September 28, 2026.
Profitability
Metric
Value
How it is calculated
Operating margin
-18.5%
Operating income / revenue.
EBITDA margin
-6.3%
EBITDA (operating income + depreciation and amortization) / revenue.
Net margin
-44.3%
Net income / revenue.
FCF margin
-5.3%
Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin
-4.7%
Cash from operations / revenue.
Return on assets (ROA)
-36.1%
Net income / average total assets.
SG&A / revenue
57.1%
Selling, general and administrative expense / revenue.
Stock-based pay / revenue
2.7%
Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue
0.6%
Capital expenditures / revenue.
D&A / revenue
12.2%
Depreciation and amortization / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
30.9%
Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y
71.4%
Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y
73.7%
Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y
-7.9%
Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y
106.6%
Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y
53.1%
Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y
8.5%
Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y
41.1%
Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y
71.1%
Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
0.04x
Current assets / current liabilities.
Quick ratio
0.03x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
0.01x
(Cash + short-term investments) / current liabilities.
Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share
$0.17
Revenue / diluted weighted shares.
FCF per share
-$0.01
Free cash flow / diluted weighted shares.
Operating cash flow per share
-$0.01
Cash from operations / diluted weighted shares.
Book value per share
-$0.22
Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Market cap + total debt - cash - short-term investments.
P/S
0.02x
Market cap / revenue.
FCF yield
-231.7%
Free cash flow / market cap.
Earnings yield
-1,920.0%
Net income / market cap (the inverse of P/E).
What was Digerati Technologies, Inc.'s revenue in fiscal 2023?
Digerati Technologies, Inc. reported revenue of $31.6M for fiscal 2023, 30.9% higher than the year before.
Was Digerati Technologies, Inc. profitable in fiscal 2023?
No. It reported a net loss of $8.3M.
How much free cash flow did Digerati Technologies, Inc. generate in fiscal 2023?
Cash from operations of $3.2M minus capital expenditures of $436.0K left free cash flow of -$3.7M.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.