Find More Contacts for Direct Digital Holdings, Edit Lists Featuring This Company Section, Direct Digital Holdings (DRCT) Stock: Why It Surged Over 88% Today, Noble Capital Markets Initiates Equity Research Coverage on Direct Digital Holdings, Direct Digital Holdings to Report Second Quarter 2022 Financial Results, Greater Houston Area Advertising Companies, Private Greater Houston Area Companies (Top 10K), Greater Houston Area Companies With Fewer Than 1000 Employees (Top 10K). Insufficient data to calculate DRCT's Price-To-Sales Fair Ratio for valuation analysis. Direct Digital Holdings' sell- and buy-side solutions manage approximately 70,000 clients monthly, generating over 90 billion impressions per month across display, CTV, in-app, and other media channels.

Stable Cash Runway: DRCT has sufficient cash runway for more than 3 years based on its current free cash flow. Growing Dividend: Insufficient data to determine if DRCT's dividend payments have been increasing. Stable Dividend: Insufficient data to determine if DRCT's dividends per share have been stable in the past. Which metric is best to use when looking at relative valuation for DRCT? Direct Digital Holdings, Inc. announced that they will report Q1, 2022 results After-Market on May 12, 2022. Fusion Media Limited. Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Disclaimer: A SCOOP Rating (Wall Street Consensus of Opening-day Premiums), is a general consensus taken, at press time, from Wall Street and investment professionals concerning how well an IPO might perform when it starts trading. Cash Flow Coverage: Unable to calculate sustainability of dividends as DRCT has not reported any payouts.

Direct Digital Holdings, Inc. provided revenue guidance for the first quarter and fiscal year 2022. A week ago, Direct Digital Holdings revamped its IPO to a unit offering of stock and warrants from a stock-only IPO and cut the deals size to 2.19 million units, down from 4.0 million shares while keeping the price range at $7 to $9 each to raise $17.52 million, according to an S-1/A filing dated Jan. 31, 2022.). Learn more here.

Experienced Management: DRCT's management team is not considered experienced ( 1 years average tenure), which suggests a new team. Accelerating Growth: Unable to compare DRCT's earnings growth over the past year to its 5-year average as it is currently unprofitable.

Mark's compensation has increased whilst the company is unprofitable. Unless specified all financial data is based on a yearly period but updated quarterly. Prior to founding Direct Digital Holdings.

Quality Earnings: DRCT is currently unprofitable. have bought more shares than they have sold in the past 3 months. Earnings vs Industry: DRCT is unprofitable, making it difficult to compare its past year earnings growth to the Media industry (18.8%). Is DRCT undervalued compared to its fair value, analyst forecasts and its price relative to the market? ( 1 years average tenure), which suggests a new team. DRCT is trading below fair value by more than 20%. 337927). "Marketers are experiencing the benefits through multiple ROI metrics and subsequently publisher partners are experiencing significant growth in revenues. Direct Digital Holdings, Inc. was founded in 2018. Direct Digital Holdings (DRCT) Stock: Why It Surged Over 88% Today, CVNA, ZH, and RERE are among consumer movers, Noble Capital Markets Initiates Equity Research Coverage on Direct Digital Holdings, 09:00 EDT Vanguard Total Bond Market II Index Fund Investor, PIMCO Commodity Real Return Strategy Institutional, SG FTSE MIB Gross TR 5x Daily Short Strategy RT 18, Vontobel 7X Long Fixed Lever on Natural Gas 8.06, Investment Bank Updates Price Target for Direct Digital Holdings Inc. PT, Direct Digital Holdings Misses Q1 EPS by 3c, U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.19%, Direxion Daily Junior Gold Miners Bull 2X Shares. 1233 West Loop South, Suite 1170 Houston, TX 77027, The Benchmark Company/ Roth Capital Partners. For the first quarter of 2022, the company expect revenue to be in the range of $11.0 million to $11.5 million, or 98% year-over-year growth at the mid-point. View the DRCT premarket stock price ahead of the market session or assess the after hours quote.

The holding group's supply-side platform Colossus SSP offers advertisers of all sizes extensive reach within general market and multicultural media properties. Currently Colossus SSP makes over approximately 90 billion impressions available each month with a diverse audience marketplace that includes over 13,000 sites and apps.

SaaS, Android, Cloud Computing, Medical Device), Where the organization is headquartered (e.g.

Unable to evaluate DRCT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts. The company has been named a top minority-owned business by The Houston Business Journal ("HBJ"). Share this article

DRCT is good value based on its Price-To-Sales Ratio (0.2x) compared to the peer average (619.7x).

Price-To-Sales vs Fair Ratio: Insufficient data to calculate DRCT's Price-To-Sales Fair Ratio for valuation analysis. Dilution of Shares: DRCT only recently listed within the past 12 months. Insufficient data to determine if DRCT's debt to equity ratio has reduced over the past 5 years. Colossus SSP's consulting arm provides brands of all sizes with meaningful insights and actionable guidance for reaching curated audiences.

Insufficient data to determine how DRCT performed against the. DRCT's revenue (25.8% per year) is forecast to grow faster than the US market (7.7% per year).

Significantly Below Fair Value: DRCT is trading below fair value by more than 20%. Growing Profit Margin: DRCT is currently unprofitable. Disclosure: Nobody on theIPOScoop.com staff has a position in any stocks mentioned above, nor do they trade or invest in IPOs. Huddled Masses is the platform for the buy-side of our business. How does DRCT's PS Ratio compare to its peers? Direct Digital Holdings, Inc. operates as an end-to-end full-service programmatic advertising platform. How is Direct Digital Holdings's financial position? In addition, it points to several brands living up to their promises to support under-represented communities in their media buys. "Colossus SSP's approach has always been one of inclusivity, bringing together a diverse set of audiences Black, Hispanic, Asian, LGBTQ, and more alongside general market, to serve as a one-stop-shop for advertisers who want to reach a cross-section of consumers," said Lashawnda Goffin, CEO, Colossus SSP.

In lockstep with demand, in Q1 2022 Colossus SSP significantly expanded its publisher inventory supply. Short Term Liabilities: DRCT's short term assets ($13.0M) do not cover its short term liabilities ($13.3M).

DRCT is unprofitable, making it difficult to compare its past year earnings growth to the Media industry (18.8%).

Please read our Financial Services Guide before deciding whether to obtain financial services from us. This uptick comes on the heels of year-over-year revenue growing by 330 percent between 2020 and 2021, as well as a triple digit increase the previous year, with the platform's revenue rising by 235 percent between 2019 and 2020. Noble Capital Markets Initiates Equity Research Coverage on Direct Digital Holdings.

Insufficient data to determine if DRCT's year-on-year earnings growth rate was positive over the past 5 years. Revenue vs Market: DRCT's revenue (25.8% per year) is forecast to grow faster than the US market (7.7% per year). Monitor the latest movements within the Direct Digital Holdings Inc real time stock price chart below. Direct Digital Holdings, Inc.'s employee growth, exchange listings and data sources. Price-To-Sales vs Peers: DRCT is good value based on its Price-To-Sales Ratio (0.2x) compared to the peer average (619.7x). Mr. Mark D. Walker is CEO & Chairman of Direct Digital Holdings, Inc. and from August 23, 2021 and from 2018 until August 22, 2021, served as its Managing Partner. It brings state-of-the-art supply-side and demand-side advertising platforms together under one umbrella company.

All Rights Reserved. ( 0.7 years average tenure), which suggests a new board. The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution. Direct Digital Holdings' buy-side solutions manages over 200 clients daily, and the sell-side solution serves over 80,000 advertisers generating over 70+ billion impressions per month across display, CTV, in-app, and other media channels. DRCT is good value based on its Price-To-Sales Ratio (0.2x) compared to the US Media industry average (1.1x). All information is provided by CB Insights. Share this article Prior to founding Direct Digital Holdings Show more. Direct Digital Holdings Equity Warrant Exp 3rd Feb 2027, Direct Digital Holdings Equity Warrant Exp 3rd Feb 2027 *W EXP 02/03/2027, DIRECT DIGITAL HOLDINGS EQUITY WARRANT EXP 3RD FEB 2027, DIRECT DIGITAL HOLDINGS, INC.

It seems to me that it will explode soon , it was hiding before a good move , loaded at 1.35 . CBI websites generally use certain cookies to enable better interactions with our sites and services. DRCT's revenue (25.8% per year) is forecast to grow faster than 20% per year. Return vs Industry: Insufficient data to determine how DRCT performed against the US Media industry. from 8 AM - 9 PM ET. We are an end-to-end full-service programmatic advertising platform primarily focused on providing advertising technology, data-driven campaign optimization and other solutions to underserved and less efficient markets on both the buy- and sell-side of the digital advertising ecosystem.

Debt Level: DRCT's net debt to equity ratio (897.7%) is considered high. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. For this estimate we use a Discounted Cash Flow model. Insufficient data to determine if DRCT's forecast earnings growth is above the, Insufficient data to determine if DRCT's earnings are forecast to grow faster than the US market, Insufficient data to determine if DRCT's earnings are expected to grow. The SCOOP ratings should not be taken as investment advice. Learn more, See historical performance and comparison.

For financial reporting, their fiscal year ends on December 31st. Return vs Market: Insufficient data to determine how DRCT performed against the US Market. The holding group's Sell-side platform Colossus SSP offers advertisers of all sizes extensive reach within general market and multicultural media properties. What is Direct Digital Holdings, Inc.'s latest funding round? to determine DRCT's volatility change over the past year. ? Direct Digital Holdings, Inc. operates as an end-to-end full-service programmatic advertising platform. High Growth Earnings: Insufficient data to determine if DRCT's earnings are expected to grow significantly over the next 3 years. Below Fair Value: DRCT ($2.35) is trading below our estimate of fair value ($48.69). Compensation vs Earnings: Mark's compensation has increased whilst the company is unprofitable. site you are consenting to these choices. Unable to compare DRCT's earnings growth over the past year to its 5-year average as it is currently unprofitable. Earnings vs Savings Rate: Insufficient data to determine if DRCT's forecast earnings growth is above the savings rate (1.9%). What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target? ($USD523.79K) is below average for companies of similar size in the US market ($USD775.21K). Market is currently closed. Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months. Volatility Over Time: Insufficient data to determine DRCT's volatility change over the past year. Insufficient data to determine if DRCT's dividends per share have been stable in the past. Direct Digital Holdings is a Black-owned company in the advertising, marketing, and technology space. For the first quarter of 2022, The company expects revenue to be in the range of $11.0 million to $11.5 million, or 98% year-over-year growth at the mid-point. View contacts for Direct Digital Holdings to access new leads and connect with decision-makers. Moving News. High ROE: DRCT has a negative Return on Equity (-76.17%), as it is currently unprofitable. Direct Digital Holdings Inc stock price live 2.25, this page displays NASDAQ DRCT stock exchange data. For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway. The company was founded in 2018 and is headquartered in Houston, Texas.

When was Direct Digital Holdings, Inc. founded? Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. Weve recently updated our valuation analysis. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. About Direct Digital HoldingsDirect Digital Holdings, Inc. (Nasdaq: DRCT) brings state-of-the-art supply- and demand-side advertising platforms together under one umbrella company. Direct Digital Holdings Inc Company Profile, Could you tell me the reason why ?? continues to grow or shrink based on historical rates. with focus on small- and mid-sized businesses. By continuing to use this site you are consenting to these choices. It serves various industry verticals, such as travel, healthcare, education, financial services, consumer products, etc. Price-To-Sales vs Industry: DRCT is good value based on its Price-To-Sales Ratio (0.2x) compared to the US Media industry average (1.1x). DRCT's short term assets ($13.0M) do not cover its. "Not only has this allowed savvy marketers the opportunity to reach a vibrant range of consumers, but it has helped them increase investment in minority-owned media properties that have often been left out of the programmatic mix. Trading on margin increases the financial risks. The companys platform primarily focuses on providing advertising technology, data-driven campaign optimization, and other solutions to underserved and less efficient markets on both the buy- and sell-side of the digital advertising ecosystem. Blavity Inc, a market leader for Black media, reaching over 100 million millennials per month, began working with Colossus SSP in January 2020 and over the course of the following two years saw a 7-fold increase in revenues derived from the partnership. Other financial metrics that can be useful for relative valuation. "Colossus SSP has proven to be a valuable partner, one that has a deep understanding of publishers especially multicultural publishers as well as the media and marketing landscape at large," said Orchid Richardson, Senior Vice President of Digital, Blavity Inc. "After two years of exponential growth, we are on track to see revenues from our relationship with Colossus SSP rise at a steady clip if not outpace." Earnings Trend: Insufficient data to determine if DRCT's year-on-year earnings growth rate was positive over the past 5 years. Trading at 95.2% below our estimate of its fair value, Revenue is forecast to grow 25.77% per year, Revenue grew by 132.3% over the past year, Volatile share price over the past 3 months, Does not have a meaningful market cap ($24M), Direct Digital Holdings, Inc. announced that they will report Q2, 2022 results at 4:00 PM, US Eastern Standard Time on Aug 11, 2022. for more than 3 years based on its current, Insufficient data to determine if DRCT has enough. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. How has Direct Digital Holdings performed over the past 5 years? Unless specified all financial data is based on a yearly period but updated quarterly. Notable Dividend: Unable to evaluate DRCT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

SOURCE Direct Digital Holdings. "At Bayer, we believe everyone should have the opportunity to live the healthiest life possible, and that we have a responsibility to make our vision of Health for All, Hunger for None a reality," said Gary Guarnaccia, Head of Platform & Publisher Investment, Bayer Consumer Health, North America. What is DRCT's PS Ratio compared to its Fair PS Ratio? Its operating companies Huddled Masses LLC and Orange142, LLC deliver significant ROI for middle market advertisers by providing data-optimized programmatic solutions at scale for businesses in sectors that range from energy to healthcare and travel to financial services. Long Term Liabilities: DRCT's short term assets ($13.0M) do not cover its long term liabilities ($20.6M). Earnings vs Market: Insufficient data to determine if DRCT's earnings are forecast to grow faster than the US market. (-76.17%), as it is currently unprofitable. Voting is open during market hours. "Partnering with Colossus SSP and their growing marketplace of diverse content and minority-owned publishers has enabled our in-house digital media buying team to expand our reach to consumers with important information about our healthcare products and brands, such as Aleve, Midol and One-A-Day." Moreover, by putting their budgets to work to support multicultural voices, these brands are seeing remarkable results in meeting critical KPIs."

Leadership credits the dramatic growth to the company's commitment to normalize diversity in the field of programmatic advertising delivering multicultural and general market audiences at scale. "It is an honor to be recognized with some of the other great companies in the Houston area," commented Mark Walker, Co-Founder and CEO of Direct Digital Holdings, Inc. "We are proud to be named a diverse organization and we will continue to be a business that strives to make a positive impact on the community around us.". High Dividend: Unable to evaluate DRCT's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts. DRCT ($2.35) is trading below our estimate of. You can read more about your. Direct Digital Holdings, Inc. was ranked number 16 out of 25 companies named by HBJ. HOUSTON, July 1, 2022 /PRNewswire/ -- Direct Digital Holdings, Inc. (Nasdaq: DRCT), a leading advertising and marketing technology platform, today announced that it has been named a top minority-owned business by The Houston Business Journal ("HBJ"). The SCOOP Rating does not reflect the opinions of anyone associated with IPOScoop.com. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Reducing Debt: Insufficient data to determine if DRCT's debt to equity ratio has reduced over the past 5 years. Total number of Crunchbase contacts associated with this organization, Descriptive keyword for an Organization (e.g. Insufficient data to determine if DRCT's dividend payments have been increasing. What is Direct Digital Holdings's current dividend yield, its reliability and sustainability? For more information, visit www.colossusmediassp.com . Direct Digital Holdings, Inc. provided revenue guidance for the first quarter and fiscal year 2022. Direct Digital Holdings, Inc. announced that for fiscal year 2022, the company continue to expects revenue to be in the range of $48.0 million to $52.0 million, or 31% year-over-year growth at the mid-point. Who are the major shareholders and have insiders been buying or selling? How does DRCT's PE Ratio compare vs other companies in the US Media Industry? Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. The rating merely reflects the opinion of the professionals at the time of publication and is subject to last-minute changes due to market conditions, changes in a specific offering and other factors, such as changes in the proposed offering terms and the shifting of investor interest in the IPO.

High Growth Revenue: DRCT's revenue (25.8% per year) is forecast to grow faster than 20% per year. Stable Share Price: DRCT is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 13% a week. Experienced Board: DRCT's board of directors are not considered experienced ( 0.7 years average tenure), which suggests a new board. Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Title 17 of the Code of Federal Regulations. Direct Digital Holdings (DRCT) reported Q1 EPS of ($0.09), $0.03 worse than the analyst estimate of ($0.06).

DRCT only recently listed within the past 12 months. our sites and services.

Active, Closed, Whether an Organization is for profit or non-profit. Direct Digital Holdings, Inc. operates as an end-to-end full-service programmatic advertising platform. Its operating companies Huddled Masses and Orange142 deliver significant ROI for middle market advertisers by providing data-optimized programmatic solutions at scale for businesses in sectors that range from energy to healthcare and travel to financial services.

Direct Digital Holdings, Inc.'s headquarters is located at 1233 West Loop South, Houston.