DoubleVerify Holdings Inc (DV)
Pretax margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 95,877 | 59,368 | 25,821 |
| Revenue | US$ in thousands | 572,598 | 450,433 | 332,738 |
| Pretax margin | 16.74% | 13.18% | 7.76% |
December 31, 2023 calculation
Pretax margin = EBT ÷ Revenue
= $95,877K ÷ $572,598K
= 16.74%
The pretax margin of DoubleVerify Holdings Inc has been showing a positive trend over the past three years. In 2021, the pretax margin was 7.76%, which increased to 13.12% in 2022, and further improved to 16.75% in 2023. This indicates that the company has been effectively managing its operating expenses and generating more income before taxes relative to its total revenue. The increasing trend in pretax margin suggests that DoubleVerify Holdings Inc has been enhancing its operational efficiency and profitability over the years. It also signifies that the company may have implemented strategies to control costs and optimize revenue generation, leading to a healthier financial performance.
Peer comparison
Dec 31, 2023