Investor Presentaiton
Non-GAAP Financial Measures Reconciliation
($mm)
Net income (loss)
Depreciation and amortization
Stock-based compensation
Interest expense
FY 2019
FY 2020
FY 2021
FY 2022
YTD 20231
$23.3
$20.5
$29.3
$43.3
$38.4
21.8
24.6
30.3
34.3
29.4
1.7
20.5
21.9
42.3
42.8
5.2
4.9
1.2
0.9
0.8
Income tax (benefit) expense
12.1
(3.1)
(3.5)
16.1
15.8
M&A and restructuring costs (a)
3.4
0.2
3.5
1.2
1.6
Offering, IPO readiness and secondary
2.8
4.9
23.6
1.3
0.6
offering costs (b)
Other (recoveries) costs (c)
0.2
1.6
3.8
3.4
(0.8)
Other (income) expense (d)
(1.5)
(0.9)
(0.3)
(1.2)
(6.8)
Adjusted EBITDA
$69.0
$73.2
$109.7
$141.6
$121.6
% margin
38%
30%
33%
31%
30%
DV DoubleVerify 1. YTD 2023 is the nine-months ended September 30, 2023
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