Digital Media Solutions, Inc. (DMSIW) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
4800 140TH AVENUE N. CLEARWATER, FL 33762 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7389 - Business Services, Not Elsewhere Classified (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 18,466 | 17,246 | 25,212 | 20,066 | 48,839 | 18,271 | |||
| Cash and cash equivalent | 18,466 | 17,246 | 25,212 | 20,066 | 48,839 | 18,271 | |||
| Receivables | 37,455 | 41,287 | 39,959 | 58,905 | 49,735 | 47,179 | |||
| Prepaid expense | 2,908 | 2,701 | 2,005 | 4,177 | 3,296 | 2,468 | |||
| Contract with customer, asset, after allowance for credit loss | 6,467 | ||||||||
| Other undisclosed current assets | 502 | ||||||||
| Total current assets: | 65,798 | 61,234 | 67,176 | 83,148 | 101,870 | 67,918 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 862 | 1,007 | 1,234 | 1,943 | 2,187 | ||||
| Property, plant and equipment | 15,390 | 15,929 | 16,513 | 16,719 | 17,702 | 18,167 | |||
| Intangible assets, net (including goodwill) | 62,290 | 88,400 | 90,942 | 136,274 | 104,757 | 131,044 | |||
| Goodwill | 32,849 | 48,444 | 48,444 | 83,445 | 77,238 | 77,219 | |||
| Intangible assets, net (excluding goodwill) | 29,441 | 39,956 | 42,498 | 52,829 | 27,519 | 53,825 | |||
| Contract with customer, asset, after allowance for credit loss | 1,632 | ||||||||
| Deferred income tax assets | 968 | 1,367 | |||||||
| Other noncurrent assets | 1,315 | 1,434 | 680 | 723 | 765 | 808 | |||
| Total noncurrent assets: | 81,489 | 107,738 | 110,736 | 155,659 | 125,411 | 150,019 | |||
| TOTAL ASSETS: | 147,287 | 168,972 | 177,912 | 238,807 | 227,281 | 217,937 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 41,235 | 36,824 | 36,494 | 45,598 | 39,908 | 37,790 | |||
| Taxes payable | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 721 | ||
| Accounts payable | 41,235 | 36,824 | 36,494 | 45,598 | 39,908 | 36,348 | |||
| Accrued liabilities | 721 | ||||||||
| Debt | 2,750 | 2,750 | 2,250 | 2,250 | 2,250 | 2,250 | |||
| Business combination, contingent consideration, liability | 1,000 | 1,779 | 1,500 | 1,466 | 1,453 | 1,371 | |||
| Other undisclosed current liabilities | 12,524 | 12,048 | 11,141 | 14,527 | 9,100 | 14,804 | |||
| Total current liabilities: | 57,509 | 53,401 | 51,385 | 63,841 | 52,711 | 56,215 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 286,353 | 274,040 | 264,149 | 254,358 | 254,573 | 214,838 | |||
| Long-term debt, excluding current maturities | 286,353 | 274,040 | 264,149 | 254,358 | 254,573 | 214,838 | |||
| Liabilities, other than long-term debt | 1,358 | 2,014 | 3,854 | 5,853 | 3,344 | 5,621 | |||
| Deferred income tax liabilities | 314 | 375 | 1,662 | 1,112 | 4,060 | ||||
| Other liabilities | 1,530 | ||||||||
| Operating lease, liability | 532 | 733 | 1,211 | 1,734 | 2,232 | ||||
| Business combination, contingent consideration, liability | 512 | 1,281 | 2,268 | 2,457 | 31 | ||||
| Other undisclosed noncurrent liabilities | 82 | 718 | 3,202 | 13,031 | 600 | 1,480 | |||
| Total noncurrent liabilities: | 287,793 | 276,772 | 271,205 | 273,242 | 258,517 | 221,939 | |||
| Total liabilities: | 345,302 | 330,173 | 322,590 | 337,083 | 311,228 | 278,154 | |||
| Temporary equity, including noncontrolling interest | 16,646 | 16,490 | 16,334 | 4,993 | |||||
| Equity | |||||||||
| Equity, attributable to parent, including: | (206,981) | (108,898) | (95,762) | (62,282) | (47,124) | (34,859) | |||
| Treasury stock, value | (235) | (235) | (211) | (181) | (181) | (156) | |||
| Additional paid in capital | (80,523) | (12,077) | (9,766) | (16,614) | (14,054) | (17,166) | |||
| Accumulated deficit | (126,230) | (96,593) | (85,792) | (45,494) | (32,896) | (17,544) | |||
| Other undisclosed equity, attributable to parent | 7 | 7 | 7 | 7 | 7 | 7 | |||
| Equity, attributable to noncontrolling interest | (7,680) | (68,793) | (65,250) | (40,987) | (36,823) | (25,358) | |||
| Total equity: | (214,661) | (177,691) | (161,012) | (103,269) | (83,947) | (60,217) | |||
| TOTAL LIABILITIES AND EQUITY: | 147,287 | 168,972 | 177,912 | 238,807 | 227,281 | 217,937 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 86,051 | 76,033 | 82,551 | 90,313 | 100,776 | 90,066 | ||
| Cost of revenue | (62,158) | (58,506) | (63,343) | (68,042) | (75,823) | (66,378) | ||
| Gross profit: | 23,893 | 17,527 | 19,208 | 22,271 | 24,953 | 23,688 | ||
| Operating expenses | (11,506) | (10,104) | (12,782) | (15,201) | (10,600) | (9,090) | ||
| Other undisclosed operating loss | (35,827) | (15,340) | (58,857) | (17,321) | (39,745) | (18,807) | ||
| Operating loss: | (23,440) | (7,917) | (52,431) | (10,251) | (25,392) | (4,209) | ||
| Nonoperating expense | (849) | (19) | ||||||
| Other nonoperating expense | (19) | |||||||
| Interest and debt expense | (12,902) | (11,989) | (7,045) | (6,699) | (5,294) | (4,570) | ||
| Loss from continuing operations before equity method investments, income taxes: | (37,191) | (19,925) | (59,476) | (16,950) | (30,686) | (8,779) | ||
| Other undisclosed income from continuing operations before income taxes | 10,054 | |||||||
| Loss from continuing operations before income taxes: | (27,137) | (19,925) | (59,476) | (16,950) | (30,686) | (8,779) | ||
| Income tax expense (benefit) | (1,708) | 334 | 2,151 | 13 | 4,924 | (463) | ||
| Loss from continuing operations: | (28,845) | (19,591) | (57,325) | (16,937) | (25,762) | (9,242) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | (9,242) | |
| Other undisclosed net income (loss) | (8,549) | 2,484 | 9,832 | (3,764) | 627 | (879) | ||
| Net loss: | (37,394) | (17,107) | (47,493) | (20,701) | (25,135) | (10,121) | ||
| Net income attributable to noncontrolling interest | 7,913 | 6,445 | 18,553 | 8,103 | 9,783 | 4,010 | ||
| Net loss attributable to parent: | (29,481) | (10,662) | (28,940) | (12,598) | (15,352) | (6,111) | ||
| Preferred stock dividends and other adjustments | (156) | (156) | (11,341) | |||||
| Net loss available to common stockholders, basic: | (29,637) | (10,818) | (40,281) | (12,598) | (15,352) | (6,111) | ||
| Other undisclosed net loss available to common stockholders, diluted | (4,010) | |||||||
| Net loss available to common stockholders, diluted: | (29,637) | (10,818) | (40,281) | (12,598) | (15,352) | (10,121) | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (37,394) | (17,107) | (47,493) | (20,701) | (25,135) | (10,121) | ||
| Comprehensive loss: | (37,394) | (17,107) | (47,493) | (20,701) | (25,135) | (10,121) | ||
| Comprehensive income, net of tax, attributable to noncontrolling interest | 7,913 | 6,445 | 18,553 | 8,103 | 9,783 | 4,010 | ||
| Comprehensive loss, net of tax, attributable to parent: | (29,481) | (10,662) | (28,940) | (12,598) | (15,352) | (6,111) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.