DoubleVerify Financial Statements From 2010 to 2023

DV Stock  USD 33.20  0.32  0.97%   
DoubleVerify Holdings financial statements provide useful quarterly and yearly information to potential DoubleVerify Holdings investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on DoubleVerify Holdings financial statements helps investors assess DoubleVerify Holdings' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting DoubleVerify Holdings' valuation are summarized below:
Gross Profit
374.6 M
Profit Margin
0.1057
Market Capitalization
5.6 B
Enterprise Value Revenue
10.0299
Revenue
533.9 M
There are over eighty-six available fundamental signals for DoubleVerify Holdings, which can be analyzed over time and compared to other ratios. All traders should should verify DoubleVerify Holdings' prevailing fundamental trends against the trends from 2010 to 2023 to make sure the company is sustainable. Revenue Per Employee is likely to climb to about 139.8 K in 2023, whereas Net Income Per Employee is likely to drop (203.01) in 2023.

DoubleVerify Holdings Revenues

390.5 Million

Check DoubleVerify Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among DoubleVerify main balance sheet or income statement drivers, such as Consolidated Income of 36.6 M, Cost of Revenue of 65.5 M or Earning Before Interest and Taxes EBIT of 49.7 M, as well as many exotic indicators such as Interest Coverage of 78.67, Long Term Debt to Equity of 0.0193 or Calculated Tax Rate of 14.24. DoubleVerify financial statements analysis is a perfect complement when working with DoubleVerify Holdings Valuation or Volatility modules.
  
This module can also supplement DoubleVerify Holdings' financial leverage analysis and stock options assessment as well as various DoubleVerify Holdings Technical models . Check out the analysis of DoubleVerify Holdings Correlation against competitors.
For more information on how to buy DoubleVerify Stock please use our How to Invest in DoubleVerify Holdings guide.

DoubleVerify Holdings Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Tax Liabilities27.1 M24.8 M40 M
Slightly volatile
Tax Assets47.1 K35 K83.9 K
Slightly volatile
Accumulated Retained Earnings Deficit110.7 M127.5 M51.6 M
Slightly volatile
Trade and Non Trade Receivables153.6 M167.1 M87.5 M
Slightly volatile
Property Plant and Equipment Net120.5 M111.7 M28.7 M
Slightly volatile
Trade and Non Trade Payables5.7 M6.7 M2.2 M
Slightly volatile
Liabilities Non Current80.1 M91.3 M102.2 M
Slightly volatile
Current Liabilities64.1 M68.9 M38.9 M
Slightly volatile
Total Liabilities156.1 M160.2 M141.9 M
Pretty Stable
Goodwill and Intangible Assets497.6 M478.4 M392.8 M
Slightly volatile
Shareholders Equity USD810.4 M876.9 M434.5 M
Slightly volatile
Shareholders Equity Attributable to Parent810.4 M876.9 M434.5 M
Slightly volatile
Total Debt USD90.4 M83.8 M70.5 M
Slightly volatile
Debt Non Current80.8 M74.9 M67.6 M
Slightly volatile
Debt Current9.6 M8.9 M2.9 M
Slightly volatile
Total Debt90.4 M83.8 M70.5 M
Slightly volatile
Cash and Equivalents USD218.2 M267.8 M60.7 M
Slightly volatile
Cash and Equivalents218.2 M267.8 M60.7 M
Slightly volatile
Assets Non Current581.7 M591.9 M419.8 M
Slightly volatile
Current Assets384.8 M445.1 M156.6 M
Slightly volatile
Total Assets966.5 MB576.4 M
Slightly volatile
Accumulated Other Comprehensive Income(6.5 M)(6.3 M)(946.3 K)
Slightly volatile

DoubleVerify Holdings Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Income Tax Expense17.4 M16.1 MM
Slightly volatile
Weighted Average Shares Diluted177.8 M170.8 M146.7 M
Slightly volatile
Weighted Average Shares170.7 M163.9 M144.1 M
Slightly volatile
Selling General and Administrative Expense163.1 M186.1 M73.5 M
Slightly volatile
Research and Development Expense80.2 M95.1 M38.2 M
Slightly volatile
Revenues USD390.5 M452.4 M181.5 M
Slightly volatile
Revenues390.5 M452.4 M181.5 M
Slightly volatile
Operating Income48.6 M59 M17.2 M
Slightly volatile
Operating Expenses276.5 M315.5 M134 M
Slightly volatile
Net Income Common Stock USD36.6 M43.3 M13 M
Slightly volatile
Net Income Common Stock36.6 M43.3 M13 M
Slightly volatile
Net Income36.6 M43.3 M13 M
Slightly volatile
Interest Expense928.8 K905 K2.9 M
Slightly volatile
Gross Profit325 M374.6 M151.1 M
Slightly volatile
Earning Before Interest and Taxes USD49.7 M60.3 M17.5 M
Slightly volatile
Earning Before Interest and Taxes EBIT49.7 M60.3 M17.5 M
Slightly volatile
Cost of Revenue65.5 M77.9 M30.4 M
Slightly volatile
Consolidated Income36.6 M43.3 M13 M
Slightly volatile

DoubleVerify Holdings Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Share Based Compensation45.6 M42.3 M9.3 M
Slightly volatile
Effect of Exchange Rate Changes on Cash (804.6 K)(784 K)(160.5 K)
Slightly volatile
Net Cash Flow from Operations77.8 M94.9 M29.6 M
Slightly volatile
Net Cash Flow from Financing(8.1 M)(7.9 M)34.3 M
Pretty Stable
Issuance Repayment of Debt Securities (2.1 M)(1.9 M)10.2 M
Slightly volatile
Issuance Purchase of Equity Shares(2.8 M)(2.7 M)20.8 M
Pretty Stable
Net Cash Flow or Change in Cash and Cash Equivalents54.4 M46.2 M35 M
Slightly volatile
Depreciation Amortization and Accretion37.8 M41.7 M23.1 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Tangible Assets Book Value per Share2.943.4081.2323
Slightly volatile
Sales per Share2.482.7611.2345
Slightly volatile
Return on Sales0.140.1330.0784
Slightly volatile
Return on Invested Capital0.230.1990.1858
Slightly volatile
Return on Average Equity0.04870.0520.0543
Slightly volatile
Return on Average Assets0.04650.0430.0422
Pretty Stable
Price to Sales Ratio8.987.95513.9246
Slightly volatile
Price to Earnings Ratio97.2684.462156
Slightly volatile
Price to Book Value4.434.1296.2686
Slightly volatile
Profit Margin0.09980.0960.0547
Slightly volatile
Gross Margin0.790.8280.8263
Very volatile
Free Cash Flow per Share0.310.3350.1474
Slightly volatile
Enterprise Value over EBITDA43.2633.96579.7314
Slightly volatile
Enterprise Value over EBIT80.7457.0168
Slightly volatile
Earnings per Basic Share USD0.230.260.0851
Slightly volatile
Earnings per Diluted Share0.220.250.0808
Slightly volatile
Earnings per Basic Share0.230.260.0851
Slightly volatile
EBITDA Margin0.210.2250.2276
Very volatile
Debt to Equity Ratio0.20.1830.3849
Slightly volatile
Current Ratio6.266.4593.5691
Slightly volatile
Book Value per Share5.145.3512.976
Slightly volatile
Asset Turnover0.440.4550.4876
Slightly volatile
Total Assets Per Share26.4730.1730.3642
Slightly volatile
Cash Flow Per Share3.393.333.5862
Very volatile
Return on Investment(1.43)(1.39)3.5892
Slightly volatile
Operating Margin(1.23)(1.2)2.4876
Slightly volatile
Calculated Tax Rate14.2413.8715.8689
Slightly volatile
Receivables Turnover17.2914.0214.2418
Slightly volatile
Inventory Turnover3.2 K3.2 K3.5 K
Slightly volatile
PPandE Turnover4.53.963.6063
Slightly volatile
Cash and Equivalents Turnover7.436.46.3973
Slightly volatile
Accounts Payable Turnover25.5325.929.5127
Slightly volatile
Accrued Expenses Turnover13.6111.5811.2676
Slightly volatile
Interest Coverage78.6755.5266.2628
Slightly volatile
Long Term Debt to Equity0.01930.01940.0213
Slightly volatile
Quick Ratio1.151.181.2567
Pretty Stable
Net Current Assets as percentage of Total Assets7.276.717.884
Very volatile
Revenue to Assets1.141.010.9636
Pretty Stable

DoubleVerify Holdings Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Working Capital320.7 M376.2 M117.7 M
Slightly volatile
Tangible Asset Value468.9 M558.6 M183.6 M
Slightly volatile
Market Capitalization3.8 B3.6 BB
Slightly volatile
Invested Capital Average262.4 M302.8 M148.4 M
Slightly volatile
Invested Capital258.7 M305.6 M153.2 M
Slightly volatile
Free Cash Flow49 M54.9 M21.9 M
Slightly volatile
Enterprise Value3.6 B3.5 B4.8 B
Slightly volatile
Average Equity802.7 M838 M453.6 M
Slightly volatile
Earnings before Tax47.4 M59.4 M14.5 M
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization USD87.5 M101.9 M40.6 M
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization EBITDA87.5 M101.9 M40.6 M
Slightly volatile
Average Assets954.9 M995 M577 M
Slightly volatile
Revenue Per Employee139.8 K114.9 K113.5 K
Slightly volatile
Net Income Per Employee(203)(198)3.1 K
Slightly volatile

DoubleVerify Fundamental Market Drivers

Forward Price Earnings56.1798
Cash And Short Term Investments267.8 M

DoubleVerify Upcoming Events

6th of March 2024
Upcoming Quarterly Report
View
8th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
6th of March 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About DoubleVerify Holdings Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include DoubleVerify Holdings income statement, its balance sheet, and the statement of cash flows. DoubleVerify Holdings investors use historical funamental indicators, such as DoubleVerify Holdings's revenue or net income, to determine how well the company is positioned to perform in the future. Although DoubleVerify Holdings investors may use each financial statement separately, they are all related. The changes in DoubleVerify Holdings's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on DoubleVerify Holdings's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on DoubleVerify Holdings Financial Statements. Understanding these patterns can help to make the right decision on long term investment in DoubleVerify Holdings. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2023
Cost of Revenue77.9 M65.5 M
Revenues452.4 M390.5 M
Revenue to Assets 1.01  1.14 
Revenue Per Employee114.9 K139.8 K
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards DoubleVerify Holdings in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, DoubleVerify Holdings' short interest history, or implied volatility extrapolated from DoubleVerify Holdings options trading.

Pair Trading with DoubleVerify Holdings

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if DoubleVerify Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in DoubleVerify Holdings will appreciate offsetting losses from the drop in the long position's value.

Moving together with DoubleVerify Stock

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The ability to find closely correlated positions to DoubleVerify Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DoubleVerify Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back DoubleVerify Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling DoubleVerify Holdings to buy it.
The correlation of DoubleVerify Holdings is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as DoubleVerify Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DoubleVerify Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for DoubleVerify Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether DoubleVerify Holdings is a strong investment it is important to analyze DoubleVerify Holdings' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact DoubleVerify Holdings' future performance. For an informed investment choice regarding DoubleVerify Stock, refer to the following important reports:
Check out the analysis of DoubleVerify Holdings Correlation against competitors.
For more information on how to buy DoubleVerify Stock please use our How to Invest in DoubleVerify Holdings guide.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

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When running DoubleVerify Holdings' price analysis, check to measure DoubleVerify Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy DoubleVerify Holdings is operating at the current time. Most of DoubleVerify Holdings' value examination focuses on studying past and present price action to predict the probability of DoubleVerify Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DoubleVerify Holdings' price. Additionally, you may evaluate how the addition of DoubleVerify Holdings to your portfolios can decrease your overall portfolio volatility.
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Is DoubleVerify Holdings' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of DoubleVerify Holdings. If investors know DoubleVerify will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about DoubleVerify Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.319
Earnings Share
0.32
Revenue Per Share
3.208
Quarterly Revenue Growth
0.283
Return On Assets
0.0433
The market value of DoubleVerify Holdings is measured differently than its book value, which is the value of DoubleVerify that is recorded on the company's balance sheet. Investors also form their own opinion of DoubleVerify Holdings' value that differs from its market value or its book value, called intrinsic value, which is DoubleVerify Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because DoubleVerify Holdings' market value can be influenced by many factors that don't directly affect DoubleVerify Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between DoubleVerify Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if DoubleVerify Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DoubleVerify Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.