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BALCAO · SERVICES-COMPUTER PROCESSING & DATA PREPARATION · SMALL CAP

Digerati Technologies, Inc. DTGI

8 fiscal years on record · USD · FY2023 reported · SEC filings only
$31.6M
▲ 30.9% YoY
$-8.3M
$-3.7M

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

We provide enterprise-class, carrier-grade services to the small-to-medium-sized business (“SMB”) at cost-effective monthly rates. Our broadband connectivity solutions for the delivery of digital oxygen are designed for reliability, business continuity and to optimize bandwidth for businesses using the Company’s cloud communication services and other cloud-based applications. As of July 31, 2023, we had 78 full-time total employees.

Written from the business description in Digerati Technologies, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 24 November 2023. Every sentence was checked against that document before publication.

Growth

USD 31.6M
Revenue, FY2023 · full 8-year series below
Revenue $M Net income $M
FY2023 · Revenue 31.6 · Net income -8.3
15M30M-10M-20M
2016201920222023
Compound annual growth
+71.4%
+73.7%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +73.7% a year over the five years to FY2023.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

−30 cents
lost on every revenue dollar
Operating margin Net margin
FY2023 · Operating -16.0% · Net -30.1%
100%200%-500%-1000%
201620192023
ROE

Not applicable: equity was zero or negative in this period, so return on equity has no meaning.

Three returns, three denominators.
Return on equityNot applicable: equity was zero or negative in this period, so return on equity has no meaning.
Return on capital employedNot applicable: capital employed was zero or negative in this period, so return on capital employed has no meaning.

Cash & shareholders

·
returned in FY2023 · dividends + net buybacks
Free cash flow $M
FY2023 · FCF -3.7
0.5M1.0M-1.5M-3.0M
201620192023

Total assetsUSD 38.4M
EquityUSD -27.6M
CashUSD 924,000.00
Gross debtUSD 8.2M
Net debtUSD 7.3M
Current ratio0.03×

Equity was zero or negative — liabilities equaled or exceeded assets. No ratio is shown.

The 8-year record

8 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative—not applicable◌not available in our data
DTGI, 8-year financial record
Metric 20232022202120202019201820172016
Revenue $B0.00.00.00.00.00.00.00.0
Operating income $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0
EBITDA $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0
Income tax $B0.00.00.0−0.00.0−0.0◌◌
Net income $B−0.0−0.0−0.0−0.0−0.0−0.00.0−0.0
Free cash flow $B−0.0−0.0−0.0−0.0−0.0−0.0−0.00.0
EPS, diluted $−0.05−0.05−0.13−0.06−0.27−0.310.06−0.22
Dividend / sh $◌◌◌◌◌◌◌◌
Payout % — not applicable: no dividend————————
ROE % — not applicable: negative equity————————
Shares out B0.160.140.140.100.020.010.010.01

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

Other companies filing in the same sector

Provenance

Company facts, as filed

How we verify · 0 failures in 32 reconciliationsAUDITED

Reconciled in 8 of the 8 fiscal years we could check. 18 checks were skipped: the balance sheet is not tagged before 2016. Nine checks were skipped: EPS is not tagged before 2016. Nine checks were skipped: revenue is not tagged before 2016.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityServices-Computer Processing & Data Preparation
Listed onOTC market
Incorporated inNevada
Fiscal year endsJuly 31
SEC categorysmaller reporting company
Data on record since2016

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