DoubleVerify Financial Statements From 2010 to 2024

DV Stock  USD 30.17  0.63  2.05%   
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
0.1248
Market Capitalization
5.2 B
Enterprise Value Revenue
9.3145
Revenue
572.5 M
There are over one hundred nineteen 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 2024 to make sure the company is sustainable.

DoubleVerify Holdings Total Revenue

346.24 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 Tax Provision of 29.1 M, Interest Income of 773.8 K or Depreciation And Amortization of 32 M, as well as many exotic indicators such as Price To Sales Ratio of 10.24, Dividend Yield of 0.0012 or PTB Ratio of 10.54. 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
Total Assets834.4 M1.2 B573.2 M
Slightly volatile
Short and Long Term Debt Total61.7 M86.4 M56.8 M
Very volatile
Other Current Liabilities55.8 M53.1 M13.3 M
Slightly volatile
Total Current Liabilities53.4 M83.9 M31.1 M
Slightly volatile
Total Stockholder Equity692.5 M1.1 B454.2 M
Slightly volatile
Other Liabilities25.9 M14.8 M33 M
Slightly volatile
Retained Earnings208.9 M199 M54 M
Slightly volatile
Accounts Payable13.6 M12.9 M3.5 M
Slightly volatile
Cash160.1 M310.3 M84.6 M
Slightly volatile
Other Assets0.951.0625 K
Slightly volatile
Cash And Short Term Investments160.1 M310.3 M84.6 M
Slightly volatile
Net Receivables128 M206.9 M75.4 M
Slightly volatile
Good Will322.4 M436 M231.6 M
Slightly volatile
Common Stock Shares Outstanding178.8 M173.4 M159.8 M
Slightly volatile
Long Term Debt Total666 K701.1 K41.1 M
Slightly volatile
Liabilities And Stockholders Equity834.4 M1.2 B573.2 M
Slightly volatile
Capital Surpluse584.9 M869.7 M424.3 M
Slightly volatile
Other Current Assets12.7 M15.8 M5.8 M
Slightly volatile
Other Stockholder Equity548.5 M877.6 M236 M
Slightly volatile
Total Liabilities141.9 M169.1 M118.9 M
Slightly volatile
Total Current Assets301.5 M533 M167.8 M
Slightly volatile
Cash And Equivalents323.4 M308 M95.3 M
Slightly volatile
Intangible Assets111.5 M140.9 M140.6 M
Slightly volatile
Common Stock159.6 K171 K313.9 K
Slightly volatile
Property Plant Equipment56.8 M54.1 M19.9 M
Slightly volatile
Property Plant And Equipment Net61.5 M118.5 M30.8 M
Slightly volatile
Current Deferred RevenueM5.2 M21.8 M
Slightly volatile
Non Current Assets Total566.9 M710 M438.2 M
Slightly volatile
Non Currrent Assets Other1.9 M1.6 MM
Slightly volatile
Common Stock Total Equity166.9 K189.8 K148.2 K
Slightly volatile
Non Current Liabilities Total62.3 M85.2 M99.9 M
Slightly volatile
Capital Lease Obligations90.7 M86.4 M21.3 M
Slightly volatile
Inventory0.80.90.98
Slightly volatile
Net Invested Capital787.4 M1.1 B525.8 M
Slightly volatile
Property Plant And Equipment Gross164.1 M156.3 M35.8 M
Slightly volatile
Short and Long Term Debt376.8 K423.9 K461.6 K
Slightly volatile
Capital Stock222.1 K171 K191.3 K
Pretty Stable
Non Current Liabilities Other2.7 M2.7 M3.3 M
Slightly volatile
Net Working Capital285.4 M449.1 M137.4 M
Slightly volatile
Deferred Long Term Liabilities880 K720 K1.3 M
Slightly volatile
Retained Earnings Total Equity116.5 M146.6 M93.4 M
Slightly volatile

DoubleVerify Holdings Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Interest Income773.8 K814.5 K2.8 M
Slightly volatile
Depreciation And Amortization32 M40.9 M23.7 M
Slightly volatile
Interest ExpenseM1.1 M2.8 M
Slightly volatile
Selling General Administrative62.8 M88 M34.8 M
Slightly volatile
Selling And Marketing Expenses79.7 M126 M46.7 M
Slightly volatile
Total Revenue346.2 M572.5 M204.6 M
Slightly volatile
Gross Profit280.4 M425 M166.4 M
Slightly volatile
Other Operating Expenses302.4 M484.6 M183.1 M
Slightly volatile
Operating Income92.3 M87.9 M24.8 M
Slightly volatile
Net Income From Continuing Ops32.3 M56.4 M15.6 M
Slightly volatile
EBIT92.3 M87.9 M24.8 M
Slightly volatile
Research Development70.8 M125.4 M43.4 M
Slightly volatile
EBITDA75.8 M128.8 M45.2 M
Slightly volatile
Cost Of Revenue154.9 M147.5 M44.1 M
Slightly volatile
Total Operating Expenses236.6 M337.1 M144.9 M
Slightly volatile
Reconciled Depreciation30.8 M38.2 M23.2 M
Slightly volatile
Income Before Tax100.7 M95.9 M23.5 M
Slightly volatile
Net Income Applicable To Common Shares26.3 M49.8 M14.7 M
Slightly volatile
Net Income75 M71.5 M19.4 M
Slightly volatile
Non Operating Income Net Other856.9 K1.4 M483.4 K
Slightly volatile

DoubleVerify Holdings Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation62.2 M59.2 M13.8 M
Slightly volatile
Free Cash Flow107.9 M102.7 M31.2 M
Slightly volatile
Begin Period Cash Flow281.3 M267.9 M61.3 M
Slightly volatile
Depreciation31.3 M40.9 M23.4 M
Slightly volatile
Other Non Cash Items12.5 M16.5 M6.5 M
Slightly volatile
Capital Expenditures15.3 M17 M7.5 M
Slightly volatile
Total Cash From Operating Activities66 M119.7 M34.8 M
Slightly volatile
Net Income75 M71.5 M19.4 M
Slightly volatile
End Period Cash Flow160.4 M310.3 M85 M
Slightly volatile
Change To Netincome60.7 M57.8 M12.7 M
Slightly volatile
Cash And Cash Equivalents Changes40.2 M42.3 M159.5 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio10.2410.779638.7808
Slightly volatile
Dividend Yield0.00120.00130.0551
Slightly volatile
PTB Ratio10.545.746914.5367
Slightly volatile
Days Sales Outstanding150132138
Pretty Stable
Book Value Per Share3.426.42.8701
Slightly volatile
Free Cash Flow Yield0.01750.01660.0057
Slightly volatile
Invested Capital0.110.08040.1874
Slightly volatile
Operating Cash Flow Per Share0.750.71360.2383
Slightly volatile
Stock Based Compensation To Revenue0.110.10350.0354
Slightly volatile
PB Ratio10.545.746914.5367
Slightly volatile
EV To Sales19.3310.388625.8942
Slightly volatile
Free Cash Flow Per Share0.640.61220.1911
Slightly volatile
ROIC0.05740.05650.0603
Slightly volatile
Net Income Per Share0.450.42590.1189
Slightly volatile
Days Of Inventory On Hand0.00.00.0
Slightly volatile
Payables Turnover15.2111.407118.6679
Slightly volatile
Sales General And Administrative To Revenue0.140.15360.156
Slightly volatile
Average Inventory0.40.450.49
Slightly volatile
Research And Ddevelopement To Revenue0.160.2190.2156
Slightly volatile
Cash Per Share1.941.84890.5132
Slightly volatile
POCF Ratio48.9751.5429322
Slightly volatile
Interest Coverage86.5882.456818.9182
Slightly volatile
Payout Ratio0.110.096515.1477
Slightly volatile
PFCF Ratio57.0760.0766388
Slightly volatile
Days Payables Outstanding22.6631.997721.026
Slightly volatile
Income Quality2.341.67553.0327
Slightly volatile
ROE0.06050.06650.0663
Slightly volatile
EV To Operating Cash Flow47.1949.6733160
Slightly volatile
PE Ratio82.0486.35991.1 K
Slightly volatile
Return On Tangible Assets0.130.10730.1909
Slightly volatile
EV To Free Cash Flow55.057.8975211
Slightly volatile
Earnings Yield0.01220.01160.0036
Slightly volatile
Intangibles To Total Assets0.650.46410.7129
Slightly volatile
Current Ratio4.186.35623.6163
Slightly volatile
Receivables Turnover2.142.76672.6328
Slightly volatile
Graham Number8.227.83123.6681
Slightly volatile
Shareholders Equity Per Share3.426.42.8701
Slightly volatile
Debt To Equity0.110.08040.1874
Slightly volatile
Revenue Per Share3.583.4121.3713
Slightly volatile
Interest Debt Per Share0.290.52120.4588
Slightly volatile
Debt To Assets0.08260.06950.131
Slightly volatile
Enterprise Value Over EBITDA84.6146.185386.1832
Slightly volatile
Short Term Coverage Ratios9.5110.009316.4342
Very volatile
Price Earnings Ratio82.0486.35991.1 K
Slightly volatile
Operating Cycle150132138
Pretty Stable
Price Book Value Ratio10.545.746914.5367
Slightly volatile
Days Of Payables Outstanding22.6631.997721.026
Slightly volatile
Dividend Payout Ratio0.110.096515.1477
Slightly volatile
Price To Operating Cash Flows Ratio48.9751.5429322
Slightly volatile
Price To Free Cash Flows Ratio57.0760.0766388
Slightly volatile
Pretax Profit Margin0.0880.16750.06
Slightly volatile
Ebt Per Ebit0.691.09080.5992
Slightly volatile
Operating Profit Margin0.0960.15350.0799
Slightly volatile
Company Equity Multiplier1.351.15751.3797
Slightly volatile
Long Term Debt To Capitalization0.08750.06480.1484
Slightly volatile
Total Debt To Capitalization0.09350.07450.1529
Slightly volatile
Return On Capital Employed0.06680.07580.0787
Slightly volatile
Debt Equity Ratio0.110.08040.1874
Slightly volatile
Ebit Per Revenue0.0960.15350.0799
Slightly volatile
Quick Ratio3.966.16783.4075
Slightly volatile
Net Income Per E B T1.110.74541.3334
Slightly volatile
Cash Ratio2.053.69991.1942
Slightly volatile
Cash Conversion Cycle11999.9285116
Slightly volatile
Operating Cash Flow Sales Ratio0.140.20910.1397
Slightly volatile
Days Of Inventory Outstanding0.00.00.0
Slightly volatile
Days Of Sales Outstanding150132138
Pretty Stable
Free Cash Flow Operating Cash Flow Ratio0.830.8580.8178
Slightly volatile
Cash Flow Coverage Ratios1.321.3861.7724
Slightly volatile
Price To Book Ratio10.545.746914.5367
Slightly volatile
Fixed Asset Turnover4.594.83212.1203
Slightly volatile
Price Cash Flow Ratio48.9751.5429322
Slightly volatile
Enterprise Value Multiple84.6146.185386.1832
Slightly volatile
Debt Ratio0.08260.06950.131
Slightly volatile
Cash Flow To Debt Ratio1.321.3861.7724
Slightly volatile
Price Sales Ratio10.2410.779638.7808
Slightly volatile
Return On Assets0.03550.05750.0472
Slightly volatile
Asset Turnover0.340.46060.4003
Pretty Stable
Net Profit Margin0.07340.12480.0578
Slightly volatile
Gross Profit Margin0.90.74230.8284
Pretty Stable
Price Fair Value10.545.746914.5367
Slightly volatile
Return On Equity0.06050.06650.0663
Slightly volatile

DoubleVerify Fundamental Market Drivers

Forward Price Earnings60.9756
Cash And Short Term Investments310.3 M

DoubleVerify Upcoming Events

28th of February 2024
Upcoming Quarterly Report
View
8th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
28th of February 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 Next Year
Current Deferred Revenue5.2 MM
Total Revenue572.5 M346.2 M
Cost Of Revenue147.5 M154.9 M
Stock Based Compensation To Revenue 0.10  0.11 
Sales General And Administrative To Revenue 0.15  0.14 
Research And Ddevelopement To Revenue 0.22  0.16 
Capex To Revenue(0.03)(0.03)
Revenue Per Share 3.41  3.58 
Ebit Per Revenue 0.15  0.1 

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 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
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 CEOs Directory module to screen CEOs from public companies around the world.

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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
0.891
Earnings Share
0.41
Revenue Per Share
3.412
Quarterly Revenue Growth
0.289
Return On Assets
0.0477
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.