DoubleVerify Holdings, Inc.
DVUSDoubleVerify Holdings, Inc. offers a comprehensive software platform designed for measuring, analyzing, and providing data insights for digital media, serving clients both domestically and across global markets. Through its various offerings, the company equips advertisers with impartial data analytics, empowering them to significantly enhance the impact, integrity, and financial returns of their online advertising campaigns. Among its core solutions is DV Authentic Ad, a crucial tool for assessing digital media quality by scrutinizing factors such as advertising fraud, brand suitability, ad viewability, and geographic placement for every individual digital advertisement. Another is the DV Authentic Attention solution, which furnishes predictive analytics on audience exposure and engagement, thereby optimizing campaign efficacy. Additionally, the Custom Contextual solution enables advertisers to strategically align their advertisements with pertinent content, thereby maximizing user interaction and boosting overall campaign results. The company also features the DV Publisher Suite, a specialized offering for digital publishers. This suite helps them optimize revenue and enhance inventory utilization by improving video content delivery, pinpointing missed or unsold opportunities, and consolidating data from all available inventory sources. Furthermore, DV Pinnacle provides a user-friendly service and analytics platform interface, allowing clients to configure and implement controls for their media strategies and diligently monitor campaign performance across diverse channels, formats, and devices. These sophisticated software solutions are seamlessly integrated throughout the broader digital advertising ecosystem, encompassing programmatic trading platforms, connected television (CTV), social media outlets, and various digital publishers. DoubleVerify caters to a wide array of clients, including prominent brands, publishers, and other supply-side entities, spanning numerous sectors such as consumer packaged goods, finance, telecommunications, technology, automotive, and healthcare. Established in 2008, the company maintains its headquarters in New York, New York.
Enterprise value over trailing (LTM) vs. forward (NTM) fundamentals. Click an LTM cell to chart it.
- Sector
- Application Software
- Sub-sector
- Marketing & Advertising Software
- Listing
- DV
- Country
- US
Annual financials & analyst forecasts
| $M | CY2021 | CY2022 | CY2023 | CY2024 | CY2025 | CY2026E | CY2027E |
|---|---|---|---|---|---|---|---|
| Revenue YoY | — | 36% | 27% | 15% | 14% | 9% | 10% |
| Revenue | $333M | $452M | $573M | $657M | $748M | $818M | $897M |
| Gross Profit | $278M | $375M | $466M | $540M | $615M | — | — |
| Gross Profit Margin | 83.7% | 82.8% | 81.4% | 82.3% | 82.2% | — | — |
| EBITDA | $57M | $95M | $138M | $135M | $141M | $166M | $182M |
| EBITDA Margin | 17.2% | 20.9% | 24.1% | 20.6% | 18.8% | 20.3% | 20.3% |
| EBIT | $27M | $59M | $86M | $82M | $79M | $119M | $130M |
| Net Income | $29M | $43M | $71M | $56M | $51M | $77M | $100M |
| Free Cash Flow | $73M | $55M | $103M | $133M | $173M | — | — |
| FCF Margin | 22.0% | 12.1% | 17.9% | 20.2% | 23.1% | — | — |
| Short-Term Debt | $0M | $0M | $0M | $14M | $0M | — | — |
| Long-Term Debt | $0M | $0M | $0M | $0M | $0M | — | — |
| Cash & Cash Equivalents | $222M | $268M | $310M | $293M | $259M | — | — |
| Net Debt | ($222M) | ($268M) | ($310M) | ($279M) | ($259M) | — | — |
| Net Debt / EBITDA | -3.9x | -2.8x | -2.3x | -2.1x | -1.8x | — | — |
| Rule of 40 | — | 48.1% | 44.5% | 34.9% | 37.0% | — | — |