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DMS Price Correlated With Financials For Digital Media Solutions

Free historical financial statements for Digital Media Solutions Inc.. See how revenue, income, cash flow, and balance sheet financials have changed over 7 quarters since 2020. Compare with DMS stock chart to see long term trends.

DMS Stock Compared to Quarterly

DMS Income Statement

Revenue, Net:109110000
Revenue Per Share:3.067
Cost of Goods & Services Sold:77834000
Gross Profit:31276000
Selling, General & Admin Expense:11107000
Operating Income:-3200000
Income Taxes:310000
Net Income:-5357000
Earnings Per Share, Basic:-0.09
Shares Outstanding, Basic Avg:35576000

DMS Cash Flow

Operating Activities Net Income:
Depreciation, Depletion & Amortization:7060000
Change in Accounts Receiveable:7368000
Net Cash from Operations:-1948000
Net Cash from Operations Per Share:-0.0548
Cash Dividends Paid:563000
Net Cash from Financing Activities:-1126000
Property, Plant & Equipment Purchases:1617000
Net Cash from Investing Activities:-1617000
Net Change in Cash & Equivalents:-4691000

DMS Balance Sheet

Cash and Cash Equivalents:21703000
Accounts Receivable, Net:58470000
Total Current Assets:84285000
Property, Plant & Equipment, Net:18571000
Total Assets:241469000
Accounts Payable:39765000
Current Portion of Long-Term Debt:2250000
Total Short-Term Liabilities:68811000
Long Term Debt, Non-Current Portion:215283000
Total Liabilities:293275000

Digital Media Solutions, Inc. (“DMS Inc.”) is a digital performance marketing company offering a diversified lead and software delivery platform that drives high value and high intent leads to its customers. As used in this Quarterly Report, the “Company” refers to DMS Inc. and its consolidated subsidiaries, (including its wholly-owned subsidiary, CEP V DMS US Blocker Company, a Delaware corporation (“Blocker”)). The Company is headquartered in Clearwater, Florida. The Company primarily operates and derives most of its revenues in the United States.

Basis of Presentation

These consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) and applicable rules and regulations of the U.S. Security and Exchange Commission (“SEC”) regarding interim financial reporting. Accordingly, they do not include all of the information and notes required by GAAP for annual financial statements. In the opinion of management, all adjustments consisting of normal and recurring entries considered necessary for a fair presentation of the results for the interim periods presented have been included. All significant intercompany balances and transactions have been eliminated. The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect reported amounts in the financial statements and accompanying notes. These estimates are based on information available as of the date of the unaudited consolidated financial statements; therefore, actual results could differ from those estimates. Interim results are not necessarily indicative of the results for a full year.

Business Combination

On July 15, 2020, Digital Media Solutions Holding (“DMSH”) consummated the Business Combination with Leo pursuant to the Business Combination Agreement (“Business Combination”). Pursuant to the Business Combination, DMS Inc. acquired, directly and through its acquisition of the equity of Blocker, approximately 58.6% of the membership interest in DMSH, while Prism Data, LLC, a Delaware limited liability company (“Prism”), CEP V-A DMS AIV Limited Partnership, a Delaware limited partnership (“Clairvest Direct Seller”) and related entities (the “Sellers”) retained approximately 41.4% of the membership interest in DMSH (“non-controlling interests”). For additional information, see Note 2: “Business Combination” in the Notes to Consolidated Financial Statements in our 2021 Form 10-K.

Non-controlling Interest

The non-controlling interest represents the membership interest in DMSH held by holders other than the Company. As of March 31, 2022, the Prism, Clairvest Direct Sellers and SmarterChaos combined ownership percentage in DMSH was 41.4% and as of December 31, 2021 it was 41.6%.

Principles of Consolidation

The Company consists of DMS Inc. and its wholly-owned subsidiary, Blocker. The Company consolidates the assets, liabilities and operating results of DMSH and its wholly-owned subsidiaries. All intercompany transactions and balances have been eliminated in consolidation. The results of operations attributable to the non-controlling interests are included in the Company’s consolidated statements of operations, and the non-controlling interests are reported as a separate component of equity.

Use of Estimates

The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported as separate financial statement line items in the consolidated financial statements. Actual results could differ from those estimates. Management regularly makes estimates and assumptions that are inherent in the preparation of the consolidated financial statements including, but not limited to, the fair value of private placement warrants, the allowance for doubtful accounts, stock-based compensation,

Data imported from Digital Media Solutions Inc. SEC filings. Check original filings before making any investment decision.