direct digital holdings brings state-of-the-art supply- and demand-side advertising platforms together under one umbrella company. our mission is two-fold: we 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. we also offer advertisers of all sizes unparalleled reach within general market and multicultural media properties. the company delivers unique insights and access to a cross-section of audiences who value brands supporting their community and diverse content. direct digital holdings' sell- and buy-side solutions manage 17,500 clients daily, generating over 60 billion impressions per month across display, ctv, in-app, and other media channels.
Company profile
Ticker
DRCT
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
IRS number
872306185
DRCT stock data
Latest filings (excl ownership)
8-K
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard
23 Apr 24
NT 10-K
Notice of late annual filing
2 Apr 24
8-K
Direct Digital Holdings Reports Q4 & Full-Year 2023 Results
26 Mar 24
UPLOAD
Letter from SEC
31 Jan 24
8-K
Entry into a Material Definitive Agreement
30 Nov 23
424B3
Prospectus supplement
28 Nov 23
424B3
Prospectus supplement
28 Nov 23
424B3
Prospectus supplement
28 Nov 23
CORRESP
Correspondence with SEC
14 Nov 23
10-Q
2023 Q3
Quarterly report
9 Nov 23
Transcripts
DRCT
Earnings call transcript
2023 Q4
26 Mar 24
DRCT
Earnings call transcript
2023 Q2
10 Aug 23
DRCT
Earnings call transcript
2023 Q1
11 May 23
DRCT
Earnings call transcript
2022 Q4
23 Mar 23
DRCT
Earnings call transcript
2022 Q3
10 Nov 22
DRCT
Earnings call transcript
2020 Q2
14 Aug 22
DRCT
Earnings call transcript
2022 Q1
14 May 22
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | |
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Revenue | |||
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Operating margin | |||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 5.48 mm | 5.48 mm | 5.48 mm | 5.48 mm | 5.48 mm | 5.48 mm |
Cash burn (monthly) | 62.18 k | 127.40 k | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 422.97 k | 866.69 k | n/a | n/a | n/a | n/a |
Cash remaining | 5.06 mm | 4.62 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 81.4 | 36.2 | n/a | n/a | n/a | n/a |
Institutional ownership, Q2 2023
13F holders | Current |
---|---|
Total holders | 19 |
Opened positions | 6 |
Closed positions | 3 |
Increased positions | 1 |
Reduced positions | 4 |
13F shares | Current |
---|---|
Total value | 3.77 bn |
Total shares | 13.98 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Direct Digital Management | 11.32 mm | $0.00 |
Armistice Capital | 900.00 k | $612.00 mm |
Anson Funds Management | 804.11 k | $2.29 bn |
Empery Asset Management | 270.00 k | $0.00 |
Altium Capital Management | 180.00 k | $108.00 mm |
Warberg Asset Management | 130.74 k | $84.98 mm |
Vanguard | 123.08 k | $350.76 mm |
Renaissance Technologies | 72.70 k | $207.00 k |
Clear Street | 71.32 k | $48.00 k |
Perritt Capital Management | 40.00 k | $114.00 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
18 Mar 24 | Diana P Diaz | Class A Common Stock | Payment of exercise | Dispose F | No | No | 28.87 | 1,557 | 44.95 k | 3,694 |
18 Mar 24 | W Keith Smith | Class A Common Stock | Payment of exercise | Dispose F | No | No | 28.87 | 5,803 | 167.53 k | 32,058 |
18 Mar 24 | Anu Pillai | Class A Common Stock | Payment of exercise | Dispose F | No | No | 28.87 | 2,961 | 85.48 k | 10,435 |
18 Mar 24 | Maria Vilchez Lowrey | Class A Common Stock | Payment of exercise | Dispose F | No | No | 28.87 | 2,780 | 80.26 k | 10,053 |
18 Mar 24 | Mark D Walker | Class A Common Stock | Payment of exercise | Dispose F | No | No | 28.87 | 5,803 | 167.53 k | 32,058 |
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27 Mar 24
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27 Mar 24
Press releases
Direct Digital Holdings Announces Receipt of Nasdaq Notification of Non-Compliance with Listing Rule 5250(c)(1)
23 Apr 24
SHAREHOLDER ALERT: Direct Digital Holdings Investigated by Block & Leviton For Potential Securities Law Violations; Investors Who Have Lost Money Are Encouraged to Contact the Firm
18 Apr 24
DIRECT DIGITAL ALERT: Bragar Eagel & Squire, P.C. is Investigating Direct Digital Holdings, Inc. on Behalf of Direct Digital Stockholders and Encourages Investors to Contact the Firm
15 Apr 24
SHAREHOLDER ALERT: Direct Digital Holdings Investigated by Block & Leviton For Potential Securities Law Violations; Investors Who Have Lost Money Are Encouraged to Contact the Firm
8 Apr 24
Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Direct Digital Holdings, Inc. (DRCT) on Behalf of Investors
5 Apr 24