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OTC · Technology

Digerati Technologies, Inc. (DTGI)

As-reported financials and SEC filings for Digerati Technologies, Inc. The latest annual period is FY2023. The latest reported quarter is Q3 FY2024. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

Note: this company’s most recent annual filing is more than a year old, so these figures may be out of date.

About Digerati Technologies, Inc.

Digerati Technologies, Inc. provides cloud services specializing in Unified Communications as a Service (UCaaS) and broadband connectivity solutions for small-to-medium-sized businesses. Its products include Internet-based telephony services such as hosted IP/PBX, video conferencing, VoIP transport, SIP trunking, and broadband solutions like fiber and mobile broadband. The company operates through subsidiaries under the Verve Cloud name with locations in Texas, Florida, and California.

Snapshot

Revenue
$31.6M
Revenue growth (YoY)
30.9%
Net income
$-8.3M
Diluted EPS
$-0.05
Gross margin
Operating margin
-16.0%
Net margin
-26.2%
FCF margin
-11.6%
ROE
net income / fiscal-year-end equity
P/E
trailing when available, otherwise FY EPS
Market cap
$3.1M
Long-term debt / equity
non-current term debt only

Fundamentals are from SEC filings for FY2023, the latest annual period (ended July 31, 2023). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
131.8K
settled 2026-08-14
Change vs prior
+100.0%
vs previous settlement
Days to cover
1.00
at avg daily volume
Avg daily volume
243.3K
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-14131.8K+100.0%1.00
2026-07-15242.0K+9.0%1.00
2026-06-30222.0K+74.5%1.00
2026-06-15127.3K+15.2%1.00
2026-05-29110.5K+90.7%1.00
2026-05-1558.0K+281.1%1.00
2026-04-3015.2K-38.0%1.00
2026-04-1524.5K-88.6%1.00

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2023FY2022FY2021FY2020FY2019
Revenue$31.6M$24.2M$12.4M$6.3M$6.0M
Gross profit$2.9M
Operating income$-5.1M$-3.7M$-2.4M$-2.1M$-2.4M
Net income$-8.3M$-8.0M$-16.7M$-3.4M$-4.5M
Diluted EPS$-0.05$-0.05$-0.13$-0.06$-0.27

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2023FY2022FY2021FY2020FY2019
Cash and equivalents$924,000$1.5M$1.5M$685,000$406,000
Current assets$2.3M$2.5M$2.3M$1.3M$775,000
Total assets$38.4M$41.7M$16.5M$4.3M$4.2M
Current liabilities$67.6M$31.8M$26.6M$6.6M$6.6M
Long-term debt$7.8M$500,000$36,778$20,786
Total liabilities$69.3M$67.5M$33.4M$7.0M$6.9M
Total equity$-30.9M$-25.8M$-16.9M$-2.6M$-2.7M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2023FY2022FY2021FY2020FY2019
Operating cash flow$-3.2M$-2.0M$-708,000$54,000$-527,000
Capital expenditure$436,000$272,000$410,000$85,000$52,000
Free cash flow$-3.7M$-2.2M$-1.1M$-31,000$-579,000

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q3 FY2024$7.4M-5.2%$-4.5M$-0.03
Q2 FY2024$7.6M-4.7%$-3.6M$-0.02
Q1 FY2024$7.7M-5.9%$-4.1M$-0.03
Q4 FY2023$7.7M-5.9%$-1.3M$-0.01
Q3 FY2023$7.8M-4.0%$-2.2M$-0.01
Q2 FY2023$7.9M97.6%$224,000
Q1 FY2023$8.1M115.3%$-5.0M$-0.03
Q4 FY2022$8.2M116.4%$-3.3M$-0.02

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeOTC
SectorTechnology
SIC industryServices-Computer Processing & Data Preparation
Latest annual periodFY2023 (ended July 31, 2023)
Latest reported quarterQ3 FY2024 (ended April 30, 2024)
Oldest indexed filing1996
SEC CIK1014052

Selected SEC filings

10-K2023-11-24
View on EDGAR →
10-Q2024-06-14
View on EDGAR →
10-Q2024-03-22
View on EDGAR →
10-Q2023-12-26
View on EDGAR →
10-Q2023-06-15
View on EDGAR →
8-K2024-08-12
View on EDGAR →
8-K2024-02-08
View on EDGAR →
8-K2023-10-06
View on EDGAR →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.