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Complete financial analysis of DoubleVerify Holdings, Inc. (DV) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of DoubleVerify Holdings, Inc., a leading company in the Software – Application industry within the Technology sector.
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DoubleVerify Holdings, Inc. (DV)
About DoubleVerify Holdings, Inc.
DoubleVerify Holdings, Inc. provides a software platform for digital media measurement, data, and analytics in the United States and internationally. Its solutions provide advertisers unbiased data analytics that enable advertisers to increase the effectiveness, quality and return on their digital advertising investments. The company's solutions include DV Authentic Ad, a metric of digital media quality, which evaluates the existence of fraud, brand safety, viewability, and geography for each digital ad; DV Authentic Attention solution that provides exposure and engagement predictive analytics to drive campaign performance; and Custom Contextual solution, which allows advertisers to match their ads to relevant content to maximize user engagement and drive campaign performance. Its solutions also comprise DV Publisher suite, a solution for digital publishers to manage revenue and increase inventory yield by improving video delivery, identifying lost or unfilled sales, and aggregate data across all inventory sources; and DV Pinnacle, a service and analytics platform user interface that allows its customers to adjust and deploy controls for their media plan and track campaign performance metrics across channels, formats, and devices. The company's software solutions are integrated in the digital advertising ecosystem, including programmatic platforms, connected TV, social media channels, and digital publishers. It serves brands, publishers, and other supply-side customers covering various industry verticals, including consumer packaged goods, financial services, telecommunications, technology, automotive, and healthcare. The company was founded in 2008 and is headquartered in New York, New York.
Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
---|---|---|---|---|---|---|
Revenue | 572.54M | 452.42M | 332.74M | 243.92M | 182.66M | 104.30M |
Cost of Revenue | 106.63M | 77.87M | 54.38M | 35.75M | 24.85M | 18.53M |
Gross Profit | 465.91M | 374.55M | 278.36M | 208.17M | 157.82M | 85.78M |
Gross Profit Ratio | 81.38% | 82.79% | 83.66% | 85.34% | 86.40% | 82.24% |
Research & Development | 125.38M | 95.12M | 62.70M | 47.00M | 31.60M | 24.22M |
General & Administrative | 87.97M | 78.67M | 81.38M | 53.06M | 26.90M | 14.63M |
Selling & Marketing | 125.95M | 107.42M | 77.31M | 62.16M | 38.40M | 23.24M |
SG&A | 213.92M | 186.08M | 158.69M | 115.21M | 65.30M | 37.87M |
Other Expenses | 0.00 | 34.33M | 30.29M | 24.60M | 21.81M | -25.00K |
Operating Expenses | 380.19M | 315.53M | 251.68M | 186.81M | 118.71M | 80.72M |
Cost & Expenses | 486.82M | 393.39M | 306.06M | 222.56M | 143.56M | 99.24M |
Interest Income | 0.00 | 1.40M | 1.17M | 4.93M | 5.20M | 0.00 |
Interest Expense | 1.07M | 905.00K | 1.17M | 4.93M | 5.20M | 3.06M |
Depreciation & Amortization | 40.89M | 41.67M | 30.29M | 24.60M | 21.81M | 18.63M |
EBITDA | 137.83M | 94.60M | 57.28M | 46.49M | 62.38M | 23.66M |
EBITDA Ratio | 24.07% | 20.91% | 17.21% | 19.20% | 34.15% | 22.69% |
Operating Income | 85.73M | 59.02M | 26.68M | 21.36M | 39.10M | 5.06M |
Operating Income Ratio | 14.97% | 13.05% | 8.02% | 8.76% | 21.41% | 4.85% |
Total Other Income/Expenses | 10.15M | 344.00K | -863.00K | -4.05M | -3.74M | -3.08M |
Income Before Tax | 95.88M | 59.37M | 25.82M | 17.31M | 35.36M | 1.98M |
Income Before Tax Ratio | 16.75% | 13.12% | 7.76% | 7.10% | 19.36% | 1.90% |
Income Tax Expense | 24.41M | 16.10M | -3.49M | -3.14M | 12.05M | -1.20M |
Net Income | 71.47M | 43.27M | 29.31M | 20.45M | 23.31M | 3.18M |
Net Income Ratio | 12.48% | 9.56% | 8.81% | 8.39% | 12.76% | 3.05% |
EPS | 0.43 | 0.26 | 0.18 | 0.13 | 0.15 | 0.02 |
EPS Diluted | 0.41 | 0.25 | 0.18 | 0.13 | 0.15 | 0.02 |
Weighted Avg Shares Out | 167.80M | 163.88M | 162.30M | 156.68M | 156.68M | 155.33M |
Weighted Avg Shares Out (Dil) | 173.44M | 170.76M | 162.30M | 156.68M | 156.68M | 155.33M |
DoubleVerify Holdings, Inc. (DV) Q1 2024 Earnings Call Transcript
Here's What Key Metrics Tell Us About DoubleVerify (DV) Q1 Earnings
DoubleVerify Reports First Quarter 2024 Financial Results
DV Uncovers New Large-Scale Audio Ad Fraud Scheme that Spoofed Over 500,000 Devices in March 2024
Ahead of DoubleVerify (DV) Q1 Earnings: Get Ready With Wall Street Estimates for Key Metrics
DV Earns MRC Accreditation for CTV Viewability, Reinforcing its Leadership in Pre- and Post-Bid CTV Measurement
DoubleVerify Achieves First-of-Its-Kind Responsible AI Certification From TrustArc
TrustArc Issues First-Ever Responsible AI Certification to DoubleVerify
DoubleVerify Expands AI-Powered Brand Safety and Suitability Capabilities for TikTok Advertisers
DoubleVerify Announces 2024 Annual Virtual Meeting of Stockholders to be Held on May 23, 2024
Source: https://incomestatements.info
Category: Stock Reports