DoubleVerify Historical Income Statement

DV Stock  USD 18.00  0.20  1.10%   
Historical analysis of DoubleVerify Holdings income statement accounts such as Depreciation And Amortization of 32 M can show how well DoubleVerify Holdings performed in making a profits. Evaluating DoubleVerify Holdings income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of DoubleVerify Holdings's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining DoubleVerify Holdings latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether DoubleVerify Holdings is a good buy for the upcoming year.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DoubleVerify Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
For more information on how to buy DoubleVerify Stock please use our How to Invest in DoubleVerify Holdings guide.

About DoubleVerify Income Statement Analysis

DoubleVerify Holdings Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to DoubleVerify Holdings shareholders. The income statement also shows DoubleVerify investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

DoubleVerify Holdings Income Statement Chart

At this time, DoubleVerify Holdings' Tax Provision is fairly stable compared to the past year. Operating Income is likely to climb to about 92.3 M in 2024, whereas Interest Income is likely to drop slightly above 773.8 K in 2024.

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of DoubleVerify Holdings minus its cost of goods sold. It is profit before DoubleVerify Holdings operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most accounts from DoubleVerify Holdings' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into DoubleVerify Holdings current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DoubleVerify Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
For more information on how to buy DoubleVerify Stock please use our How to Invest in DoubleVerify Holdings guide.At this time, DoubleVerify Holdings' Tax Provision is fairly stable compared to the past year. Operating Income is likely to climb to about 92.3 M in 2024, whereas Interest Income is likely to drop slightly above 773.8 K in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization30.6M35.6M40.9M32.0M
Interest Income1.2M905K814.5K773.8K

DoubleVerify Holdings income statement Correlations

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Click cells to compare fundamentals

DoubleVerify Holdings Account Relationship Matchups

DoubleVerify Holdings income statement Accounts

201920202021202220232024 (projected)
Tax Provision12.1M(3.1M)(3.5M)16.1M27.8M29.1M
Net Interest Income(5.2M)(4.9M)(1.2M)(905K)(1.0M)(1.1M)
Interest Income5.2M4.9M1.2M905K814.5K773.8K
Depreciation And Amortization23.3M25.5M30.6M35.6M40.9M32.0M
Interest Expense5.2M4.9M1.2M905K1.1M1.0M
Selling General Administrative26.9M53.1M81.4M78.7M88.0M62.8M
Selling And Marketing Expenses38.4M62.2M77.3M107.4M126.0M79.7M
Total Revenue182.7M243.9M332.7M452.4M572.5M346.2M
Gross Profit157.8M208.2M278.4M374.6M425.0M280.4M
Other Operating Expenses143.6M222.6M306.1M393.4M484.6M302.4M
Operating Income39.1M21.4M26.7M59.0M87.9M92.3M
Net Income From Continuing Ops23.3M20.5M29.3M43.3M56.4M32.3M
Ebit39.1M21.4M26.7M59.0M87.9M92.3M
Research Development31.6M47.0M62.7M95.1M125.4M70.8M
Ebitda62.4M46.8M57.3M94.6M128.8M75.8M
Cost Of Revenue24.8M35.8M54.4M77.9M147.5M154.9M
Total Operating Expenses118.7M186.8M251.7M315.5M337.1M236.6M
Reconciled Depreciation21.8M24.6M30.3M34.3M38.2M30.8M
Income Before Tax35.4M17.3M25.8M59.4M95.9M100.7M
Total Other Income Expense Net(3.7M)(4.0M)(863K)344K8.0M8.4M
Net Income Applicable To Common Shares23.3M20.5M29.3M43.3M49.8M26.3M
Net Income23.3M20.5M29.3M43.3M71.5M75.0M
Income Tax Expense12.1M(3.1M)(3.5M)16.1M24.4M25.6M

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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Moving against DoubleVerify Stock

  0.67ML MoneyLionPairCorr
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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 instruments. 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

Additional Tools for DoubleVerify Stock Analysis

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.