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Sep 30, 2022

IAS Q3 2022 Earnings Report

Generated positive results with programmatic business increasing and expanded in social media and CTV.

Key Takeaways

Integral Ad Science reported a 28% increase in total revenue to $101.3 million for Q3 2022. Net income increased to $0.8 million, with adjusted EBITDA increasing to $30.1 million.

Total revenue increased 28% to $101.3 million.

Programmatic revenue increased 40% to $47.1 million.

Net income increased to $0.8 million with a 1% margin.

Adjusted EBITDA increased to $30.1 million with a 30% margin.

Total Revenue
$101M
Previous year: $79M
+28.3%
EPS
$0.00489
Previous year: -$0.04
-112.2%
Gross Profit
$82.2M
Previous year: $65.2M
+26.1%
Cash and Equivalents
$73.6M
Previous year: $63.8M
+15.4%
Free Cash Flow
$23.9M
Previous year: $4.28M
+458.1%
Total Assets
$1.13B
Previous year: $1.08B
+4.4%

IAS

IAS

IAS Revenue by Geographic Location

Forward Guidance

IAS expects revenue and adjusted EBITDA for the fourth quarter and full-year 2022.

Positive Outlook

  • Expects fourth quarter total revenue of $110 million to $112 million.
  • Expects fourth quarter adjusted EBITDA of $35 million to $37 million.
  • Expects full year total revenue of $401 million to $403 million.
  • Expects full year adjusted EBITDA of $122 million to $124 million.