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DoubleVerify Holdings (DoubleVerify Holdings) Net Income : $71.5 Mil (TTM As of Dec. 2023)


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What is DoubleVerify Holdings Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. DoubleVerify Holdings's Net Income for the three months ended in Dec. 2023 was $33.1 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $71.5 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. DoubleVerify Holdings's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $0.19.


DoubleVerify Holdings Net Income Historical Data

The historical data trend for DoubleVerify Holdings's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

DoubleVerify Holdings Net Income Chart

DoubleVerify Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial 23.31 20.45 29.31 43.27 71.47

DoubleVerify Holdings Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.07 12.18 12.84 13.35 33.11

DoubleVerify Holdings Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

DoubleVerify Holdings's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=95.877+-24.411+0+0
=71.5

DoubleVerify Holdings's Net Income for the quarter that ended in Dec. 2023 is calculated as

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=41.741+-8.636+0+-7.105427357601E-15
=33.1

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $71.5 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


DoubleVerify Holdings  (NYSE:DV) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

DoubleVerify Holdings's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


DoubleVerify Holdings Net Income Related Terms

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DoubleVerify Holdings (DoubleVerify Holdings) Business Description

Traded in Other Exchanges
N/A
Address
462 Broadway, New York, NY, USA, 10013
DoubleVerify Holdings Inc is a digital media measurement and analytics software platform. The Authentic Ad ensures that a digital ad was delivered in a brand-safe setting, completely viewable, by a real individual, and in the expected geography, is one of its solutions. It generates revenues from its advertisement customers by charging a Measured Transaction Fee on the volume of Media Transactions Measured on the software platform.
Executives
Julie Eddleman officer: Global Chief Comm. Officer C/O DOUBLEVERIFY HOLDINGS, INC., 233 SPRING STREET, NEW YORK NY 10013
Nicola T Allais officer: Chief Financial Officer C/O DOUBLEVERIFY HOLDINGS, INC., 233 SPRING STREET, NEW YORK NY 10013
Laura Desmond director 345 PARK AVENUE, SAN JOSE CA 95110
Mark Zagorski director, officer: Chief Executive Officer C/O TREMOR VIDEO, INC., 1501 BROADWAY, SUITE 801, NEW YORK NY 10036
Providence Vii U.s. Holdings L.p. 10 percent owner C/O PROVIDENCE EQUITY PARTNERS, L.L.C., 50 KENNEDY PLAZA, 18TH FL, PROVIDENCE RI 02903
Robert Davis Noell director, 10 percent owner C/O STREAM GLOBAL SERVICES, INC., 20 WILLIAM STREET, SUITE 310, WELLESLEY MA 02481
Andrew E Grimmig officer: Chief Legal Officer C/O DOUBLEVERIFY HOLDINGS, INC., 233 SPRING STREET, NEW YORK NY 10013
Sundeep Jain director C/O DOUBLEVERIFY HOLDINGS, INC., 160 VARICK STREET, SUITE 03-120, NEW YORK NY 10013
Matthew F. Mclaughlin officer: Chief Operating Officer C/O DOUBLEVERIFY HOLDINGS, INC., 233 SPRING STREET, NEW YORK NY 10013
David James Blumberg 10 percent owner 432 BRYANT ST., SAN FRANCISCO CA 94107
Blumberg Capital Management Ii, L.l.c. 10 percent owner 432 BRYANT ST, SAN FRANCISCO CA 94107
Rosario C Perez director C/O DOUBLEVERIFY HOLDINGS, INC., 233 SPRING STREET, NEW YORK NY 10013
Scott Wagner director C/O WILSON SONSINI GOODRICH AND ROSATI, 650 PAGE MILL ROAD, PALO ALTO CA 94304
Karim A Tabet 10 percent owner C/O PROVIDENCE EQUITY PARTNERS, L.L.C., 50 KENNEDY PLAZA, 18TH FL, PROVIDENCE RI 02903
Andrew A Tisdale 10 percent owner C/O PROVIDENCE EQUITY PARTNERS, L.L.C., 50 KENNEDY PLAZA, 18TH FL, PROVIDENCE RI 02903