DoubleVerify (DV) stock price, revenue, and financials
DoubleVerify market cap is $5.5 b, and annual revenue was $243.92 m in FY 2020
$32.38
$5.5 B
DV Mkt cap, 12-Nov-2021$67.6 M
DoubleVerify Revenue Q1, 2021DoubleVerify Gross profit (Q1, 2021)57.4 M
DoubleVerify Gross profit margin (Q1, 2021), %84.9%
DoubleVerify Net income (Q1, 2021)5.6 M
DoubleVerify EBIT (Q1, 2021)8.8 M
DoubleVerify Cash, 31-Mar-202149.8 M
DoubleVerify EV5.5 B
DoubleVerify Revenue
DoubleVerify revenue was $243.92 m in FY, 2020 which is a 33.5% year over year increase from the previous period.
DoubleVerify Income Statement
Annual
| USD | FY, 2018 | FY, 2019 | FY, 2020 |
|---|---|---|---|
Revenue | 104.3m | 182.7m | 243.9m |
Revenue growth, % | 75% | 34% | |
Cost of goods sold | 18.5m | 24.8m | 35.8m |
Gross profit | 85.8m | 157.8m | 208.2m |
Gross profit Margin, % | 82% | 86% | 85% |
Sales and marketing expense | 23.2m | 38.4m | 62.2m |
R&D expense | 24.2m | 31.6m | 47.0m |
General and administrative expense | 14.6m | 26.9m | 53.1m |
Operating expense total | 80.7m | 118.7m | 186.8m |
Depreciation and amortization | 18.6m | 21.8m | 24.6m |
EBIT | 5.1m | 39.1m | 21.4m |
EBIT margin, % | 5% | 21% | 9% |
Interest expense | 3.1m | 5.2m | 4.9m |
Pre tax profit | 2.0m | 35.4m | 17.3m |
Income tax expense | (1.2m) | 12.1m | (3.1m) |
Net Income | 3.2m | 23.3m | 20.5m |
EPS | 0.0 | 0.2 | 0.1 |
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 |
|---|---|---|---|---|---|---|---|
Revenue | 35.3m | 43.3m | 46.4m | 51.2m | 53.0m | 61.0m | 67.6m |
Cost of goods sold | 5.3m | 5.8m | 6.2m | 7.3m | 7.7m | 9.0m | 10.2m |
Gross profit | 30.0m | 37.5m | 40.1m | 43.9m | 45.4m | 52.0m | 57.4m |
Gross profit Margin, % | 85% | 87% | 87% | 86% | 86% | 85% | 85% |
Sales and marketing expense | 7.8m | 9.3m | 9.5m | 12.3m | 12.8m | 16.7m | 15.5m |
R&D expense | 6.7m | 7.4m | 8.2m | 10.3m | 10.9m | 13.1m | 14.2m |
General and administrative expense | 5.3m | 4.7m | 5.3m | 10.7m | 8.3m | 10.4m | 11.8m |
Operating expense total | 25.1m | 26.8m | 28.6m | 39.3m | 38.1m | 46.3m | 48.6m |
Depreciation and amortization | 5.2m | 5.4m | 5.6m | 5.9m | 6.1m | 6.1m | 7.1m |
EBIT | 4.9m | 10.7m | 11.5m | 4.6m | 7.2m | 5.8m | 8.8m |
EBIT margin, % | 14% | 25% | 25% | 9% | 14% | 9% | 13% |
Interest expense | 1.1m | 1.5m | 1.3m | 1.2m | 936.0k | 858.0k | 390.0k |
Pre tax profit | 3.8m | 9.4m | 10.7m | 3.8m | 6.1m | 4.4m | 8.4m |
Income tax expense | 1.3m | 3.2m | 3.6m | 1.3m | 2.0m | (1.4m) | 2.8m |
Net Income | 2.5m | 6.2m | 7.0m | 2.4m | 4.1m | 5.8m | 5.6m |
DoubleVerify Balance Sheet
Annual
| USD | FY, 2019 | FY, 2020 |
|---|---|---|
Cash | 10.9m | 33.4m |
Accounts Receivable | 68.7m | 94.7m |
Prepaid Expenses | 5.6m | 13.9m |
Current Assets | 85.2m | 141.9m |
PP&E | 13.4m | 18.1m |
Goodwill | 227.3m | 227.3m |
Total Assets | 466.3m | 511.3m |
Accounts Payable | 1.1m | 3.5m |
Short-term debt | 1.8m | 1.5m |
Current Liabilities | 32.0m | 34.0m |
Long-term debt | 76.2m | 25.4m |
Total Debt | 78.1m | 27.0m |
Total Liabilities | 148.3m | 94.6m |
Common Stock | 140.0k | 140.0k |
Preferred Stock | 610.0k | |
Additional Paid-in Capital | 283.5m | 620.7m |
Retained Earnings | 34.5m | 54.9m |
Total Equity | 318.0m | 416.7m |
Debt to Equity Ratio | 0.2 x | 0.1 x |
Debt to Assets Ratio | 0.2 x | 0.1 x |
Financial Leverage | 1.5 x | 1.2 x |
Quarterly
| USD | Q1, 2021 |
|---|---|
Cash | 49.8m |
Accounts Receivable | 86.8m |
Prepaid Expenses | 12.1m |
Current Assets | 148.7m |
PP&E | 18.9m |
Goodwill | 227.3m |
Total Assets | 514.4m |
Accounts Payable | 3.6m |
Short-term debt | 2.1m |
Current Liabilities | 30.7m |
Long-term debt | 26.1m |
Total Debt | 28.3m |
Total Liabilities | 89.8m |
Common Stock | 140.0k |
Preferred Stock | 610.0k |
Additional Paid-in Capital | 623.8m |
Retained Earnings | 60.6m |
Total Equity | 424.6m |
Financial Leverage | 1.2 x |
DoubleVerify Cash Flow
Annual
| USD | FY, 2018 | FY, 2019 | FY, 2020 |
|---|---|---|---|
Net Income | 3.2m | 23.3m | 20.5m |
Depreciation and Amortization | 18.6m | 21.8m | 24.6m |
Accounts Receivable | (13.0m) | (32.7m) | (30.4m) |
Accounts Payable | (339.0k) | (538.0k) | 2.5m |
Cash From Operating Activities | 12.1m | 29.4m | 21.2m |
Purchases of PP&E | (1.6m) | (5.9m) | (9.8m) |
Cash From Investing Activities | (13.0m) | (63.2m) | (9.8m) |
Long-term Borrowings | 2.3m | 2.3m | 143.6m |
Cash From Financing Activities | 22.9m | 15.0m | 10.4m |
Net Change in Cash | 21.9m | (18.7m) | 22.1m |
Interest Paid | 2.5m | 4.7m | 3.4m |
Income Taxes Paid | 1.9m | 2.0m | 16.2m |
Quarterly
| USD | Q1, 2021 |
|---|---|
Net Income | 5.6m |
Depreciation and Amortization | 7.1m |
Accounts Receivable | 7.8m |
Cash From Operating Activities | 19.5m |
Purchases of PP&E | (1.9m) |
Cash From Investing Activities | (1.9m) |
Long-term Borrowings | (235.0k) |
Cash From Financing Activities | (878.0k) |
Net Change in Cash | 16.5m |
Interest Paid | 147.0k |
Income Taxes Paid | 1.0m |
DoubleVerify Ratios
| USD | FY, 2018 |
|---|---|
Revenue/Employee | 428.2k |
DoubleVerify Operating Metrics
DoubleVerify's Enterprise Customers was reported to be 1 k in Mar, 2021.
| Y, 2018 | Y, 2019 | Aug, 2020 | Y, 2020 | Mar, 2021 | |
|---|---|---|---|---|---|
Enterprise Customers | 1 k | ||||
Facility Space, sq. ft. | 51 k | ||||
Integrations | 5 | 5 | |||
Languages Supported | 35 | ||||
Media Transactions Measured | 1.4 t | 2.4 t | 3.2 t | ||
Patent Applications (US) | 10 | ||||
Patents (Foreign) | 4 | ||||
Patents (US) | 2 | 1 | |||
Platforms | 4 | 4 | |||
Software and Data Engineers | 136 | ||||
Solutions | 3 | 4 | |||
Trademark Applications | 3 | 3 | |||
Trademarks (Foreign) | 8 | ||||
Trademarks (US) | 7 | 8 |
