DTGIOTCServices-Computer Processing & Data PreparationFiscal year ends July 31
Digerati Technologies, Inc.
Financials through Q3 FY2024, quarter ended Apr 30, 2024Last filing: 10-Q on Jun 14, 2024
$0.01+0.00 (+1.41%)
Close on Oct 19, 2026
- Market cap
- $1.27M
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2015 to 2023
Gross margin
–
Operating margin
-16.0%+127.3 pts over 5 years
Net margin
-26.2%+131.9 pts over 5 years
Growth rates
Compound annual growth to fiscal 2023
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +30.9% | +71.4% | +73.7% | – |
Returns and balance sheet
9 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2015 | FY2018 | FY2023 | Trend |
|---|---|---|---|---|
| Return on equity | – | 440.8% | 32.3% | |
| Return on assets | – | -120.0% | -20.7% | |
| Current ratio | – | 0.17 | 0.03 | |
| Debt to equity | – | -0.63 | – | |
| Net debt to EBITDA | – | -0.04× | – | |
| Interest coverage | – | – | -0.4× | |
| Capex to revenue | – | 41.5% | 1.4% | |
| Diluted shares | – | 10M | 151M |
Where the cash went
Fiscal 2019 to 2023, five years combined
Digerati Technologies generated $6.47M from operations and spent $1.26M on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
Generated
$6.47M
Used
$1.26M
Capital expenditure$1.26M100%Dividends$00%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-26.2%
×Asset turnover0.79×
×Equity multiplier-1.56×
=Return on equity, FY202332.3%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2023 | -26.2% | 0.79× | -1.56× | 32.3% |
| FY2022 | -33.2% | 0.83× | -1.46× | 40.2% |
| FY2021 | -134.4% | 1.19× | -1.14× | 181.6% |
| FY2020 | -53.8% | 1.46× | -1.89× | 148.3% |
| FY2019 | -74.8% | 1.37× | -2.82× | 290.1% |
| FY2018 | -158.1% | 0.76× | -3.67× | 440.8% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2023 against fiscal 2022
2of 7 tests passed in fiscal 2023. Some tests lack the figures they need.
- ProfitableNet income above zero-$8.29M
- Cash generatingOperating cash flow above zero-$3.22M
- Return on assets improvedROA up on the prior year-48.5% → -19.9%
- Earnings backed by cashOperating cash flow above net income-$3.22M vs -$8.29M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose0.08 → 0.03
- No dilutionShare count did not rise140M → 151M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose1.46 → 0.76