Digerati Technologies, Inc.
DTGIRESTATEMENT RISKDISTRESS LEANDigerati Technologies, Inc. reads as Restatement Risk (composite 100/100); pressure / disclosure signals dominate the posture this cycle · primary market Connectivity.
Lens
Disclosed M&A capital (2023–2025)
N/A
vs N/A in 2020–2022
Disclosed transactions
N/A
0/3 active fiscal years in window
Buyer archetype
Consistent Strategic Buyer
Meaningful spend appears across repeat years.
Composite score
100
Restatement Risk dominates · Distress Lean
Behavioral posture, nine reads.
Each index scores the issuer 0–100 against an EDGAR-anchored definition. Scores ≥ threshold elevate the issuer into the index's constituent set; the dominant index drives the masthead label.
Active Acquirer
Companies actively deploying disclosed capital into M&A
- $32M disclosed buyer spend
Buyer Cadence
Buyer-side companies with recent filing activity
- 124 8-Ks
Target Probability
Issuers showing target-side patterns from filings
- 10 activism filings
Spin/Carve
Issuers showing spin-off, carve-out, or sum-of-parts posture
- 2 spin pre-registrations
- Latest event 29y ago; heavily discounted
- 10 activism filings
Pressure Watch
Issuers facing activism, governance, or control pressure
- 10 activism filings
- Latest activism 4.5y ago; discounted
Distress Watch
Issuers showing financial-distress filing patterns
- 10-Q 725d stale
- 10-K 928d stale
- 10 activism filings
Restatement Risk
DominantIssuers with accounting-integrity flags from filings
- 3 non-reliance 8-Ks
- 2 auditor changes
- 20 NT late filings
- Latest event 1.6y ago
Capital Velocity
Issuers with the highest filing-activity intensity
- 124 8-Ks
- 5 form types
Quiet Power
Large issuers with low signal volume and clean disclosure cadence
- Enterprise value $8M
- 10-Q 725d ago
- 4 active signals
Capital cadence.
Ten-year disclosed M&A activity. Bars show spend ($MM); ticks show recorded transaction count. Disclosure tier annotated where v6 audited corpus carries an entry.
Disclosed spend $MM Disclosed transactions (right axis)Peak spend year: $13M · Peak count: 2
| FY | Disclosed buys | Disclosed spend | Avg ticket | Audited tier |
|---|---|---|---|---|
| 2025 | N/A | N/A | N/A | N/A |
| 2024 | N/A | N/A | N/A | N/A |
| 2023 | N/A | N/A | N/A | N/A |
| 2022 | 2 | $13M | $6M | N/A |
| 2021 | N/A | $10M | N/A | N/A |
| 2020 | N/A | N/A | N/A | N/A |
Strategy posture.
The buyer's playbook in terms of strategic archetype: what each disclosed move says about how they're deploying capital.
Archetype mix
- Bolt On33%
- Geographic Expansion33%
- Horizontal Consolidation33%
Strategy keywords
Terms recurring across recent 10-K acquisition disclosures.
- bolt_on
- geographic_expansion
- horizontal_consolidation
Filing language.
Direct excerpts from acquisition disclosures and strategy sections: the verbs the buyer chose, in the filings they signed.
“The contribution from the acquisitions is expected to have an immediate and positive impact on the consolidated EBITDA of the Company with additional improvements to be realized during FY2022 from the anticipated cost synergies and consolidation savings.”
“We expect the acquisitions to have a positive impact on the revenues and operating income of the Company during the fiscal year that will end on July 31, 2023, due to the anticipated cost synergies and consolidation savings.”
“As part of the acquisitions, our primary emphasis is on integrating the secured customers base, consolidating products and services, retaining the monthly recuring revenue, and providing exceptional customer support.”
“The acquisition of NextLevel expands the Company’s growing nationwide footprint and adds a strong West Coast presence with nearly 1,000 SMB clients in California.”
“A disciplined approach to evaluating additional acquisitions as we build on the foundation created by our acquisitions in Texas and Florida in FY2018.”
Market context.
Where this issuer sits inside its SE-Cluster rollup wedge, with disclosed-spend rank plus trading comparables against the public peer set.
Primary market
Connectivity
- Market spend (2023–2025)
- $58.6B
- Market spend (2020–2022)
- $121.1B
- Recent vs prior
- −52%
- Issuer rank in market
- N/A
- Share of market capital
- 0.0%
Valuation positioning
DTGI trades at a -6.3-turn discount to the Connectivity peer median of 7.9×.
- EV / Revenue
- 1.0×
- Net debt / EBITDA
- 1.3×
- Peer median EV / EBITDA
- 7.9×
Trading comparables
FMP market data · 2026-05-10
| Company | EV / EBITDA | EV / Rev | Net debt / EBITDA | Revenue | M&A 2023–2025 |
|---|---|---|---|---|---|
| 23.8× | 6.8× | 0.9× | $59.1B | $26.6B | |
| 20.2× | 6.1× | -0.1× | $11.9B | $4.9B | |
| 7.9× | 2.8× | 0.4× | $139.1B | $60M | |
| 6.1× | 2.6× | -0.1× | $126.5B | $3.7B | |
| 6.1× | 2.5× | N/A | $59.8B | $5.1B | |
Digerati Technologies, Inc.DTGI | 1.6× | 1.0× | 1.3× | $8M | N/A |
Trading multiples from FMP market data; disclosed M&A spend from the SE-Cluster EDGAR 10-K corpus. Peer set = top disclosed buyers in Connectivity. Bars scaled to the highest EV/EBITDA in the set.
Buyer landscape.
Public buyers whose stated archetypes, target categories, and recent cadence align with this issuer as a plausible acquisition target. Scores cross EDGAR signal and disclosure overlap.
Likely buyers
No public buyers surface as a strong target-side fit on current signal.
Likely sellers / divestiture partners
No reciprocal divestiture / strategic-alternatives matches identified.
Filing activity & signal stream.
Filing cadence and event-driven signals visible on EDGAR. The signal stream below is curated from restatement / spin-carve / activism categories, providing context for any near-term call.
Filing cadence
- 10-K (annual)322023-11-24
- 10-Q (quarterly)812024-06-14
- 8-K (event)1242024-08-12
- Proxy / DEF 14A172023-05-12
- Activism (13D / DFAN / PREC)102021-12-21
Signals on file
- critical
Non-reliance disclosure
2006-10-313 Item 4.02 filings on file; financial-statement non-reliance.
- elevated
Auditor change
2018-10-192 Item 4.01 filings on file; certifying accountant change.
- watch
Late-filing notice
2024-10-2920 NT 10-K/10-Q filings on file.
- elevated
Spin registration
1997-10-222 Form 10-12 filings on file; pre-spin registration.
- elevated
Activism on file
2021-12-2110 activist filings on file (13D, DFAN14A, PREC14A series).
- info
Signal
Serial acquisition history
- info
Signal
10-K strategy themes
- info
Signal
Spin/Carve candidate
Audited corpus.
No audited record on file for this CIK in the current v6 corpus.
This issuer has not been extracted into the v6 audited acquirer corpus yet. The brief above pulls from ranking-level aggregates and issuer-index signal only.