Digerati Technologies, Inc. income statement DTGI

Annual Quarterly

In fiscal 2023, which ended Jul 31, 2023, Digerati Technologies, Inc. reported revenue of $31.6 million, up 30.9% from the year before. It recorded a net loss of $8.3 million. The operating loss came to $5.1 million, an operating margin of -16.0%. Diluted earnings per share were -$0.05. Over the twelve months ended Apr 30, 2024, revenue was $30.4 million and the net loss was $13.5 million. Across the 7 fiscal years shown, revenue grew from $193,000 in fiscal 2017 to $31.6 million in fiscal 2023, about 133.9% a year.

USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.

Line	FY 2024 Apr 30, 2024	FY 2023 Jul 31, 2023	FY 2022 Jul 31, 2022	FY 2021 Jul 31, 2021	FY 2020 Jul 31, 2020	FY 2019 Jul 31, 2019	FY 2018 Jul 31, 2018	FY 2017 Jul 31, 2017
Revenue	30 -5.4%	32 +30.9%	24 +94.5%	12 +97.7%	6 +4.0%	6 +201.8%	2 +936.8%	0
Cost of revenue	—	—	—	—	—	3 +197.1%	1 +685.8%	0
Gross profit	—	—	—	—	—	3 +207.2%	1 +1506.8%	0
Selling, general and administrative	17 +1.2%	18 +43.4%	12 +77.1%	7 +70.9%	4 -2.4%	4 +36.4%	3 +234.5%	1
Operating income	-6 -76.5%	-5 -37.5%	-4 -53.3%	-2 -13.5%	-2 +10.5%	-2 +17.7%	-3 -31.3%	-2
Income tax	0 -34.0%	0 -54.2%	0 +129.0%	0 +654.5%	-0 -170.2%	0 +139.8%	-0	—
Net income	-13 -30.6%	-8 -3.5%	-8 +52.0%	-17 -394.0%	-3 +25.3%	-5 -42.9%	-3 -820.5%	0
Basic EPS	-0.08 -15.3%	-0.05 +0.0%	-0.05 +61.5%	-0.13 -116.7%	-0.06 +77.8%	-0.27 +12.9%	-0.31 -542.9%	0.07
Diluted EPS	-0.08 -15.3%	-0.05 +0.0%	-0.05 +61.5%	-0.13 -116.7%	-0.06 +77.8%	-0.27 +12.9%	-0.31 -616.7%	0.06
Weighted average shares, basic	166 +13.1%	151 +8.5%	140 +7.9%	129 +140.2%	54 +223.6%	17 +61.0%	10 +63.1%	6
Weighted average shares, diluted	166 +13.1%	151 +8.5%	140 +7.9%	129 +140.2%	54 +223.6%	17 +61.0%	10 +48.1%	7
Other measures
Depreciation and amortization	4 +12.2%	4 +34.1%	3 +70.8%	2 +178.5%	1 -8.4%	1 +194.7%	0 +1161.1%	0
EBITDA	-2 -1656.9%	-1 -50.8%	-1 -10.0%	-1 +53.9%	-1 +11.4%	-2 +35.9%	-3 -21.9%	-2
Interest coverage	-0.50x	-0.45x	—	—	-289.43x	—	—	—
Margins
Gross margin	—	—	—	—	—	48.21%	47.38%	30.57%
Operating margin	-18.55%	-15.99%	-15.22%	-19.31%	-33.64%	-39.09%	-143.33%	-1,131.61%
Profit margin	-44.32%	-26.22%	-33.17%	-134.37%	-53.78%	-74.83%	-158.07%	227.46%
EBITDA margin	-6.31%	-3.62%	-3.15%	-5.57%	-23.87%	-28.01%	-131.98%	-1,122.28%

How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. The first column is the trailing twelve months through the latest quarter. More on our methodology.

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Company profile

Industry: Services-Computer Processing & Data Preparation (SIC 7374)
Listed as: DTGI (OTC)
Fiscal year ends: July 31
Incorporated in: NV
Headquarters: San Antonio, TX
SEC filer status: Non-accelerated filer, Smaller reporting company
SEC CIK: 1014052
Former names: ATSI COMMUNICATIONS INC/DE (until Mar 23, 2011); AMERICAN TELESOURCE INTERNATIONAL INC (until Mar 16, 2001)

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.