Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 656.8M
Gross Profit 540.3M 82.26%
Operating Income 82.4M 12.55%
Net Income 56.2M 8.56%
EPS (Diluted) $0.32

Balance Sheet Metrics

Total Assets 1.3B
Total Liabilities 192.8M
Shareholders Equity 1.1B
Debt to Equity 0.18

Cash Flow Metrics

Operating Cash Flow 153.7M
Free Cash Flow 132.5M

Revenue & Profitability Trend

DoubleVerify Income Statement From 2020 to 2024

Metric20242023202220212020
Revenue656.8M572.5M452.4M332.7M243.9M
Cost of Goods Sold116.5M106.6M77.9M54.4M35.8M
Gross Profit540.3M465.9M374.6M278.4M208.2M
Operating Expenses412.7M339.3M281.2M221.4M162.2M
Operating Income82.4M85.7M59.0M26.7M21.4M
Pre-tax Income88.8M95.9M59.4M25.8M17.3M
Income Tax32.6M24.4M16.1M-3.5M-3.1M
Net Income56.2M71.5M43.3M29.3M20.5M
EPS (Diluted)$0.32$0.41$0.25$0.18$0.13

Income Statement Trend

DoubleVerify Balance Sheet From 2020 to 2024

Metric20242023202220212020
Assets
Current Assets559.1M533.0M445.1M367.8M141.9M
Non-Current Assets717.2M710.0M591.9M524.4M369.4M
Total Assets1.3B1.2B1.0B892.2M511.3M
Liabilities
Current Liabilities103.5M83.9M68.9M57.0M34.0M
Non-Current Liabilities89.3M85.2M91.3M36.1M60.6M
Total Liabilities192.8M169.1M160.2M93.1M94.6M
Equity
Total Shareholders Equity1.1B1.1B876.9M799.1M416.7M

Balance Sheet Composition

DoubleVerify Cash Flow Statement From 2020 to 2024

Metric20242023202220212020
Operating Activities
Net Income56.2M71.5M43.3M29.3M20.5M
Operating Cash Flow153.7M114.7M61.3M76.6M15.9M
Investing Activities
Capital Expenditures-27.1M-17.0M-40.0M-9.4M-9.8M
Investing Cash Flow-44.8M-84.2M-40.0M-158.6M-9.8M
Financing Activities
Dividends Paid-----
Financing Cash Flow-136.3M-56.9M-15.4M251.6M-27.8M
Free Cash Flow132.5M102.7M54.9M73.4M11.5M

Cash Flow Trend

DoubleVerify Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 50.17
Forward P/E 31.63
Price to Book 2.29
Price to Sales 3.47
PEG Ratio 31.63

Profitability Ratios

Profit Margin 7.55%
Operating Margin 4.10%
Return on Equity 4.83%
Return on Assets 4.10%

Financial Health

Current Ratio 3.72
Debt to Equity 10.20
Beta 1.03

Per Share Data

EPS (TTM) $0.29
Book Value per Share $6.35
Revenue per Share $4.03

Peer Financial Comparison

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
dv2.4B50.172.294.83%7.55%10.20
Salesforce 251.8B41.224.1610.31%16.08%19.81
Intuit 211.8B61.8210.5317.84%19.07%0.35
Qxo 14.1B21.672.191.44%65.40%0.01
Descartes Systems 8.7B61.075.9510.66%21.67%0.55
Altair Engineering 9.6B699.0611.171.81%2.13%30.23

Financial data is updated regularly. All figures are in the company's reporting currency.