Financial Snapshot

Revenue
$638.5M
TTM
Gross Margin
82.38%
TTM
Net Earnings
$65.94M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
657.06%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$1.131B
Q3 2024
Cash
Q3 2024
P/E
54.03
Nov 29, 2024 EST
Free Cash Flow
$149.8M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018
Revenue $572.5M $452.4M $332.7M $243.9M $182.7M $104.3M
YoY Change 26.55% 35.97% 36.42% 33.53% 75.13%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018
Revenue $572.5M $452.4M $332.7M $243.9M $182.7M $104.3M
Cost Of Revenue $106.6M $77.87M $54.38M $35.75M $24.85M $18.50M
Gross Profit $465.9M $374.6M $278.4M $208.2M $157.8M $85.80M
Gross Profit Margin 81.38% 82.79% 83.66% 85.34% 86.4% 82.26%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018
Selling, General & Admin $213.9M $186.1M $158.7M $115.2M $65.30M $37.90M
YoY Change 14.96% 17.26% 37.74% 76.44% 72.3%
% of Gross Profit 45.92% 49.68% 57.01% 55.35% 41.38% 44.17%
Research & Development $125.4M $95.12M $62.70M $47.00M $31.60M $24.20M
YoY Change 31.81% 51.71% 33.39% 48.76% 30.57%
% of Gross Profit 26.91% 25.4% 22.52% 22.58% 20.02% 28.21%
Depreciation & Amortization $40.89M $34.33M $30.29M $24.60M $21.81M $18.63M
YoY Change 19.1% 13.35% 23.13% 12.75% 17.09%
% of Gross Profit 8.78% 9.17% 10.88% 11.82% 13.82% 21.71%
Operating Expenses $339.3M $281.2M $221.4M $162.2M $96.90M $80.70M
YoY Change 20.66% 27.02% 36.48% 67.41% 20.07%
Operating Profit $85.73M $59.02M $26.68M $21.36M $39.10M $5.100M
YoY Change 45.24% 121.2% 24.95% -45.39% 666.75%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018
Interest Expense $1.066M $905.0K $1.172M $4.931M $5.202M -$3.100M
YoY Change 17.79% -22.78% -76.23% -5.21% -267.81%
% of Operating Profit 1.24% 1.53% 4.39% 23.09% 13.3% -60.78%
Other Income/Expense, Net $11.22M $1.249M $309.0K $885.0K $1.458M $0.00
YoY Change 798.0% 304.21% -65.08% -39.3%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018
Pretax Income $95.88M $59.37M $25.82M $17.31M $35.36M $2.000M
YoY Change 61.5% 129.92% 49.18% -51.05% 1668.0%
Income Tax $24.41M $16.10M -$3.487M -$3.144M $12.05M -$1.200M
% Of Pretax Income 25.46% 27.12% -13.5% -18.16% 34.09% -60.0%
Net Earnings $71.47M $43.27M $29.31M $20.45M $23.31M $3.200M
YoY Change 65.17% 47.63% 43.29% -12.25% 628.34%
Net Earnings / Revenue 12.48% 9.56% 8.81% 8.39% 12.76% 3.07%
Basic Earnings Per Share $0.43 $0.26 $0.20 $0.15 $0.17
Diluted Earnings Per Share $0.41 $0.25 $0.18 $0.14 $0.16 $20.61K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018
Cash & Short-Term Investments $310.1M $267.8M $221.6M $33.40M $10.90M $29.40M
YoY Change 15.8% 20.86% 563.45% 206.42% -62.93%
Cash & Equivalents $310.1M $267.8M $221.6M $33.40M $10.90M $29.40M
Short-Term Investments
Other Short-Term Assets $15.93M $10.16M $23.30M $13.90M $5.600M $3.900M
YoY Change 56.78% -56.38% 67.59% 148.21% 43.59%
Inventory
Prepaid Expenses
Receivables $206.9M $167.1M $122.9M $94.70M $68.70M $38.10M
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $533.0M $445.1M $367.8M $141.9M $85.20M $71.40M
YoY Change 19.75% 21.01% 159.21% 66.55% 19.33%
Property, Plant & Equipment $118.5M $111.7M $17.58M $18.10M $13.40M $10.50M
YoY Change 6.05% 535.71% -2.9% 35.07% 27.62%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $14.65M $1.766M $2.840M $2.200M $600.0K $200.0K
YoY Change 729.45% -37.82% 29.09% 266.67% 200.0%
Total Long-Term Assets $710.0M $591.9M $524.4M $369.4M $381.1M $330.1M
YoY Change 19.95% 12.88% 41.95% -3.07% 15.45%
Total Assets $1.243B $1.037B $892.2M $511.3M $466.3M $401.5M
YoY Change
Accounts Payable $12.93M $6.675M $3.853M $3.500M $1.100M $1.200M
YoY Change 93.74% 73.24% 10.09% 218.18% -8.33%
Accrued Expenses $53.29M $40.13M $41.46M $25.40M $16.40M $9.700M
YoY Change 32.81% -3.21% 63.21% 54.88% 69.07%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $2.934M $1.846M $1.970M $1.500M $1.800M $1.900M
YoY Change 58.94% -6.29% 31.33% -16.67% -5.26%
Total Short-Term Liabilities $83.86M $68.91M $57.03M $34.00M $32.00M $15.30M
YoY Change 21.69% 20.82% 67.74% 6.25% 109.15%
Long-Term Debt $2.865M $779.0K $2.579M $25.40M $76.20M $56.70M
YoY Change 267.78% -69.79% -89.85% -66.67% 34.39%
Other Long-Term Liabilities $74.25M $77.59M $3.209M $3.800M $3.400M $4.400M
YoY Change -4.3% 2317.89% -15.55% 11.76% -22.73%
Total Long-Term Liabilities $77.12M $78.37M $5.788M $29.20M $79.60M $61.10M
YoY Change -1.6% 1253.99% -80.18% -63.32% 30.28%
Total Liabilities $169.1M $160.2M $93.13M $94.60M $148.3M $108.6M
YoY Change 5.57% 71.99% -1.56% -36.21% 36.56%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018
Basic Shares Outstanding 167.8M 163.9M 148.3M 138.1M 139.7M
Diluted Shares Outstanding 173.4M 170.8M 160.3M 145.4M 143.0M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $3.5626 Billion

About DoubleVerify Holdings, Inc.

DoubleVerify Holdings, Inc. engages in the development of software platforms for digital media measurement, data, and analytics. The company is headquartered in New York City, New York and currently employs 1,101 full-time employees. The company went IPO on 2021-04-21. The firm provides a range of solutions, such as DV Authentic Ad, DV Authentic Attention, Custom Contextual, Scibids AI, and Supply-Side Solutions. The DV Authentic Ad evaluates the existence of fraud, brand safety, viewability and geography for each digital ad. The Authentic Attention is a predictive measure of digital ad performance, which provides real-time prediction data that helps drive media campaign performance in a privacy-friendly manner, as an alternative to individual reach and frequency performance tools. The Custom Contextual allows advertisers to match their ads to relevant content in order to maximize user engagement and drive campaign performance. The Supply-side advertising platform utilizes its data analytics to validate the quality of their ad inventory and provide metrics for their customers to facilitate the targeting and purchasing of digital ads.

Industry: Services-Computer Programming, Data Processing, Etc. Peers: Alteryx, Inc. Coupa Software Inc Freshworks Inc. Guidewire Software, Inc. nCino, Inc. Nutanix, Inc. PAYCOR HCM, INC. Salesforce, Inc. SMARTSHEET INC SPS COMMERCE INC