Earnings release
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EX - 99.12 dvh - 20210729xex99d1.htm EX - 99.1 DV DoubleVerify DoubleVerify Announces Second Quarter 2021 Financial Results Exhibit 99.1 Revenue Increased 44 % Year - over Year to $ 76.5 Million , driven by Growth in Programmatic , CTV , Social and International Revenue Advertiser Programmatic Revenue Increased 57 % to $ 37.9 Million Full - Year 2021 Revenue Outlook Raised NEW YORK - July 29 , 2021 - DoubleVerify ( " DV " ) ( NYSE : DV ) , a leading software platform for digital media measurement , data and analytics , today announced financial results for the second quarter ended June 30 , 2021 . " We delivered an outstanding second quarter fueled by record Programmatic Revenue as advertisers adopted our industry - leading Authentic Brand Safety solution on Google's DV360 and additional programmatic buying platforms , " said Mark Zagorski , CEO of DoubleVerify . " Product innovation success , industry - leading accreditations in fast - growing sectors such as CTV and Social , and continued investments in enhancing our international footprint have yielded new enterprise client wins and meaningful expansion opportunities within our existing blue - chip customer base . Our ongoing product and market leadership combined with digital advertising spend tailwinds , make us optimistic about our growth prospects for the rest of the year and beyond . " Second Quarter 2021 Financial Highlights : ( All comparisons are to the second quarter of 2020 ) • Total revenue of $ 76.5 million , an increase of 44 % . Advertiser Direct revenue of $ 31.7 million , an increase of 34 % . O Media Transactions Measured ( " MTM " ) for Social increased by 100 % and for CTV increased by 89 % . O APAC revenue increased by 73 % . o EMEA revenue increased by 62 % . Advertiser Programmatic revenue of $ 37.9 million , an increase of 57 % . Supply - Side revenue of $ 7.0 million , an increase of 35 % . Net loss of $ 12.6 million due to $ 18.9 million of one - time IPO transaction costs , and a decrease in diluted earnings per share to $ ( 0.08 ) . • Adjusted EBITDA of $ 21.2 million , an increase of 35 % while the Company continues to invest in global operations , including product and engineering , to continue to drive long - term growth .