DoubleVerify Holdings Inc

For the period ended Dec 31, 2023. Filed Feb 28, 2024.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Feb 28, 2024

DV$13.560.0%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Balance Sheets


· · As of December 31,
(in thousands, except per share data)	2023		2022
Assets:
Current assets · ·
Cash and cash equivalents		$310,131		$267,813
Trade receivables, net of allowances for doubtful accounts of $9,442 and $8,893 as of December 31, 2023 and December 31, 2022, respectively		206,941		167,122
Prepaid expenses and other current assets		15,930		10,161
Total current assets		533,002		445,096
Property, plant and equipment, net		58,020		47,034
Operating lease right-of-use assets, net		60,470		64,692
Goodwill		436,008		343,011
Intangible assets, net		140,883		135,429
Deferred tax assets		13,077		35
Other non‑current assets		1,571		1,731
Total assets		$1,243,031		$1,037,028
Liabilities and Stockholder’s Equity:
Current liabilities
Trade payables		$12,932		$6,675
Accrued expense		44,264		33,085
Operating lease liabilities, current		9,029		7,041
Income tax liabilities		5,833		11,953
Current portion of finance lease obligations		2,934		1,846
Other current liabilities		8,863		8,310
Total current liabilities		83,855		68,910
Operating lease liabilities, non-current		71,563		74,086
Finance lease obligations		2,865		779
Deferred tax liabilities		8,119		12,890
Other non‑current liabilities		2,690		3,504
Total liabilities		169,092		160,169
Commitments and contingencies (Note 16)
Stockholders’ equity
Common stock, $0.001 par value, 1,000,000 shares authorized, 171,168 shares issued and 171,146 outstanding as of December 31, 2023; 1,000,000 shares authorized, 165,448 shares issued and 165,417 outstanding as of December 31, 2022		171		165
Additional paid‑in capital		878,331		756,299
Treasury stock, at cost, 22 shares and 31 shares as of December 31, 2023 and December 31, 2022, respectively		(743)		(796)
Retained earnings		198,983		127,517
Accumulated other comprehensive loss, net of income taxes		(2,803)		(6,326)
Total stockholders’ equity		1,073,939		876,859
Total liabilities and stockholders’ equity		$1,243,031		$1,037,028

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.