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Dec 31, 2022

Direct Digital Q4 2022 Earnings Report

Reported robust financial performance, significant operational expansion and continued gains in market share.

Key Takeaways

Direct Digital Holdings reported strong financial results for Q4 2022, with revenue up 128% to $29.4 million. The company saw robust financial performance, significant operational expansion and continued gains in market share.

Full-Year 2022 Revenue Up 131% Year-Over-Year to $88.0 Million

Fourth Quarter 2022 Revenue Up 128% to $29.4 Million

Expecting strong double-digit percentage revenue growth in FY 2023 across both sell- and buy-side business segments

Continue scaling across fast-growing and underrepresented communities from a position of financial strength.

Total Revenue
$29.4M
Previous year: $12.9M
+128.1%
EPS
$0.01
Previous year: -$62.3
-100.0%
Gross Profit
$8.74M
Previous year: $5.02M
+74.1%
Cash and Equivalents
$4.05M
Previous year: $4.68M
-13.6%
Total Assets
$58.1M
Previous year: $36M
+61.5%

Direct Digital

Direct Digital