AdTheorent Holding Company, Inc. (ADTH) Financial Statements
$3.21NASDAQ: ADTHMarket Cap $294.52M
AdTheorent Holding Company, Inc. most recently reported annual revenue of $171.0M, net profit of $0. Revenue grew at an average annual rate of 9.3% over the last 4 fiscal years. See the full income statement, balance sheet, and cash flow statement below, plus valuation and return ratios.
AdTheorent Holding Company, Inc.: Revenue rose from $120.0M in 2019 to $171.0M in 2023, a change of +42.5% over 4 years; net profit was positive in 4 of 5 reported years; operating margin moved from 11.3% to -1.5%, a shift of -12.8 percentage points; the most recent year shows net profit of $0.
Income Statement — 5 Years (USD millions)
Metric
2019
2020
2021
2022
2023
Revenue
$120.0M
$121.0M
$165.0M
$166.0M
$171.0M
Operating Expenses
$107.0M
$109.0M
$173.0M
$248.0M
$173.0M
Operating Profit
$14.0M
$12.0M
$-7.0M
$-82.0M
$-3.0M
Operating Margin
11.3%
10.0%
-4.5%
-49.5%
-1.5%
Other Income
$-6.0M
$-3.0M
$28.0M
$28.0M
$4.0M
Interest
$4.0M
$3.0M
$2.0M
$0
$0
Depreciation
$7.0M
$9.0M
$8.0M
$63.0M
$9.0M
Profit Before Tax
$8.0M
$9.0M
$29.0M
$30.0M
$2.0M
Tax
$27.0M
$29.3M
$11.7M
$3.3M
$99.6M
Net Profit
$5.0M
$7.0M
$26.0M
$29.0M
$0
EPS
$0.06
$0.09
$0.31
$0.32
$0.00
Dividend Payout
0.0%
0.0%
0.0%
0.0%
0.0%
Quarterly Results — Last 12 Quarters (USD millions)
2 duplicate period labels in the source data were collapsed.
Metric
Jun '21
Sep '21
Dec '21
Mar '22
Jun '22
Sep '22
Dec '22
Mar '23
Jun '23
Sep '23
Dec '23
Mar '24
Revenue
$40.0M
$40.0M
$55.0M
$34.0M
$42.0M
$38.0M
$52.0M
$33.0M
$38.0M
$41.0M
$60.0M
$35.0M
Operating Expenses
$37.0M
$34.0M
$65.0M
$38.0M
$41.0M
$39.0M
$51.0M
$36.0M
$38.0M
$41.0M
$58.0M
$38.0M
Operating Profit
$3.0M
$5.0M
$-10.0M
$-4.0M
$1.0M
$-2.0M
$0
$-3.0M
$-1.0M
$0
$1.0M
$-3.0M
Operating Margin
6.4%
13.0%
-18.4%
-10.9%
3.0%
-4.8%
0.6%
-9.9%
-1.9%
-0.4%
2.3%
-9.3%
Interest
$1.0M
$1.0M
$1.0M
$0
$0
$0
$0
$1.0M
$0
$1.0M
$0
$0
Profit Before Tax
$2.0M
$5.0M
$20.0M
$-43.0M
$57.0M
$7.0M
$9.0M
$-3.0M
$0
$2.0M
$2.0M
$-11.0M
Tax
$30.0M
$34.7M
$1.1M
$2.4M
$-1.1M
$16.1M
$16.8M
$-81.8M
$-1.8B
$303.6M
$32.8M
$7.1M
Net Profit
$2.0M
$3.0M
$20.0M
$-42.0M
$58.0M
$6.0M
$8.0M
$-5.0M
$8.0M
$-4.0M
$1.0M
$-10.0M
EPS
$0.02
$0.04
$0.28
$-0.49
$0.62
$0.06
$0.08
$-0.06
$0.09
$-0.05
$0.01
$-0.11
Over the 5 years reported for AdTheorent Holding Company, Inc., borrowings decreased from $33.0M in 2019 to $7.0M in 2023, cash stood at $70.0M in the latest year, shareholders' equity was $0, current assets covered current liabilities 4.17 times.
Balance Sheet — 5 Years (USD millions)
Metric
2019
2020
2021
2022
2023
Total Assets
$116.0M
$124.0M
$214.0M
$191.0M
$209.0M
Current Assets
$51.0M
$65.0M
$160.0M
$130.0M
$146.0M
Cash
$7.0M
$17.0M
$100.0M
$73.0M
$70.0M
Inventory
$0
$0
$0
$0
$0
Receivables
$43.0M
$47.0M
$56.0M
$56.0M
$71.0M
Fixed Assets
$0
$0
$0
$6.0M
$6.0M
Capital Work in Progress
$0
$0
$0
$0
$0
Investments
$0
$-2.0M
$0
$1.0M
$1.0M
Other Assets
$36.0M
$36.0M
$36.0M
$35.0M
$35.0M
Total Liabilities
$63.0M
$63.0M
$102.0M
$35.0M
$44.0M
Current Liabilities
$24.0M
$55.0M
$28.0M
$26.0M
$35.0M
Borrowings
$33.0M
$27.0M
$42.0M
$7.0M
$7.0M
Other Liabilities
$30.0M
$35.0M
$60.0M
$28.0M
$38.0M
Equity
$43.0M
$43.0M
$0
$0
$0
Reserves
$54.0M
$62.0M
$113.0M
$155.0M
$165.0M
For AdTheorent Holding Company, Inc., operating cash flow was positive in 4 of 5 reported years; free cash flow in the latest year was negative at $2.0M; free cash flow was positive in 3 of 5 years.
Cash Flow Statement — 5 Years (USD millions)
Metric
2019
2020
2021
2022
2023
Operating Cash Flow
$12.0M
$17.0M
$-6.0M
$14.0M
$3.0M
Investing Cash Flow
$-5.0M
$-7.0M
$-7.0M
$-6.0M
$-16.0M
Financing Cash Flow
$-7.0M
$-5.0M
$92.0M
$-39.0M
$0
Net Cash Flow
$3.0M
$10.0M
$83.0M
$-28.0M
$-2.0M
Free Cash Flow
$10.0M
$15.0M
$-9.0M
$11.0M
$-2.0M
Valuation & Return Ratios
Metric
Value
PEG Ratio
-343.17
EV / EBITDA
35.62
FCF Yield
-0.84%
Quick Ratio
4.20
Interest Coverage
—
Return 1Y
—
Return 3Y
—
Return 5Y
—
AdTheorent Holding Company, Inc. (ADTH) financials — frequently asked questions
What is AdTheorent Holding Company, Inc.'s annual revenue?
AdTheorent Holding Company, Inc. (ADTH) reported annual revenue of $171.0M in its most recent fiscal year.
What is AdTheorent Holding Company, Inc.'s net profit?
AdTheorent Holding Company, Inc. (ADTH) reported net profit of $0 in its most recent fiscal year.
What is ADTH EV/EBITDA?
AdTheorent Holding Company, Inc.'s enterprise value to EBITDA (EV/EBITDA) ratio is 35.62.