DRCT · Direct Digital Holdings, Inc.
$2.62
-0.05 (-1.87%)
At close · Jul 23
Going-concern doubt
— flagged May 15, 2026
Substantial doubt about the company's ability to continue as a going concern.
“These factors raise substantial doubt about the Company’s ability to continue as a going concern over the next twelve months. The Company anticipates sources of liquidity to include cash on hand, cash flow from operations, cash generated from its sales under the Company's new Committed Equity Facility and cash generated from other potential sales of equity and/or debt securities and has taken several actions to address liquidity and performance concerns. Such plans include (1) a shift in focus to driving intentional digital marketing spend with current and future customers as well as new enterprise customers accessing the digital advertising market through its recently launched product – Ignition+ allowing for further growth and a return to profitability and (2) refinancing the 2021 Credit Facility by raising additional funds in a registered or private offering. There can be no assurance that the Company’s actions will be successful or that additional financing will be available when needed or on acceptable terms.”View the 10-Q filed May 15, 2026
Market Cap
$1.90M
Shares
743,403
Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.
Revenue
$34.69M
-44.3%
FY2025
Net Income
-$18.95M
-203.8%
FY2025
Gross Margin
30.03%
+2.1pp
FY2025
Operating Margin
-42.53%
-21.3pp
FY2025
Diluted EPS
-$303.16
+17%
FY2025
Operating Cash Flow
-$8.91M
-3%
FY2025
Chart any reported metric, KPI or segment over time — the full statement history lives here
Search above to add metrics — fundamentals, product and segment revenue, company KPIs, valuation.
| Line Item | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| $33.22M | $34.69M | $62.29M | $157.11M | $89.36M | $38.14M | |
| $22.93M | $24.28M | $44.9M | $119.54M | $60.04M | $19.71M | |
| $10.29M | $10.42M | $17.39M | $37.57M | $29.32M | $18.43M | |
| — | 30.03% | 27.92% | 23.92% | 32.81% | 48.32% | |
| $10.5M | $10.66M | $14.22M | $13.2M | $7.22M | $5.53M | |
| $1.81M | $1.88M | $1.95M | $1.95M | $1.95M | $1.95M | |
| $227K | $262K | $275K | $253K | $34K | $0 | |
| $24.37M | $25.17M | $30.62M | $39.76M | $21.34M | $14.04M | |
| -$14.08M | -$14.76M | -$13.23M | -$2.19M | $7.98M | $4.38M | |
| — | -42.53% | -21.24% | -1.39% | 8.93% | 11.5% | |
| -$13.86M | -$14.49M | -$12.96M | -$1.93M | $8.01M | $4.38M | |
| $3.92M | $5.2M | $5.41M | $4.38M | $3.23M | $3.18M | |
| -$13.27M | -$12.97M | -$542K | -$4.09M | -$3.49M | -$5.83M | |
| -$27.35M | -$27.72M | -$13.78M | -$6.28M | $4.49M | -$1.44M | |
| $0 | $0 | $6.13M | $568K | $246K | $0 | |
| -$21.84M | -$18.95M | -$6.24M | -$2.19M | $205K | -$1.51M | |
| — | -54.61% | -10.01% | -1.4% | 0.23% | -3.95% | |
| -$5.51M | -$8.78M | -$13.67M | -$4.65M | $3.96M | — | |
| -$26.93M | -$23.36M | -$6.24M | -$2.19M | $316K | -$1.51M | |
| USD/shares | — | -$303.16 | -$365.04 | -$160.60 | $24.20 | -$9,699.80 |
| USD/shares | — | -$303.16 | -$365.04 | -$160.60 | $24.20 | -$9,699.80 |
| shares | — | 77K | 17K | 13.58K | 12.95K | 155.3727 |
| shares | — | 77K | 17K | 13.58K | 13.14K | 155.3727 |
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing.
TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against the industry, and each ratio recomputed as of past filing dates.
Valuation
EV/Revenue
0.54×
Advertising Agencies median 1.28×
EV/EBIT
—
Advertising Agencies median 17.70×
P/E (TTM)
—
Advertising Agencies median 33.68×
Valuation over time computed as of each quarter's filing date
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Buy Side Advertising | $29,359,000 | $26,628,000 | $34,676,000 | $29,349,000 | $26,127,787 |
| Sell Side Advertising | $5,335,000 | $35,660,000 | $122,434,000 | $60,011,000 | $12,009,075 |
By Product & Service (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Buy Side Advertising | $29,359,000 | $26,628,000 | $34,676,000 | $29,349,000 | $26,127,787 |
| Sell Side Advertising | $5,335,000 | $35,660,000 | $122,434,000 | $60,011,000 | $12,009,075 |
Segment Operating Income
Annual operating income by business segment, as tagged in the company's own XBRL filings. Segments need not sum to the consolidated figure — corporate costs and eliminations are typically unallocated.
By Segment (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Buy Side Advertising | $4,954,000 | $4,001,000 | $7,792,000 | $6,992,000 | $5,768,953 |
| Sell Side Advertising | -$4,021,000 | -$579,000 | $4,874,000 | $8,318,000 | $1,146,648 |
Operating Margin by Segment (%)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Buy Side Advertising | 16.9% | 15% | 22.5% | 23.8% | 22.1% |
| Sell Side Advertising | -75.4% | -1.6% | 4% | 13.9% | 9.5% |