Doubleverify Holdings, Inc. ( (DV) ) has released its Q4 earnings. Here is a breakdown of the information Doubleverify Holdings, Inc. presented to its investors.
DoubleVerify Holdings, Inc. is a leading software platform specializing in digital media measurement, data, and analytics, enhancing transparency and effectiveness in advertising transactions.
In its latest earnings report, DoubleVerify announced a robust financial performance for the fourth quarter and full year 2024, showcasing significant revenue growth and strategic advancements. The company reported a 15% increase in annual revenue, reaching $656.8 million, driven by global expansion in social, CTV measurement, and programmatic activation.
Key financial metrics highlighted include a fourth-quarter revenue increase of 11% year-over-year to $190.6 million, with a notable 34% rise in supply-side revenue. The company achieved a record adjusted EBITDA margin of 39% for the quarter. Additionally, DoubleVerify’s strategic acquisition of Rockerbox aims to enhance performance attribution and marketing measurement capabilities, broadening its value proposition to mid-market advertisers.
DoubleVerify’s management remains optimistic about future growth prospects, focusing on enhancing media quality and effectiveness for advertisers while navigating the complexities of the digital landscape. The company anticipates continued revenue growth and maintains a strong financial position to support its strategic initiatives in 2025 and beyond.