Viant Technology Inc. DSP
We are an advertising technology company. Our cloud-based demand side platform ("DSP") enables the programmatic purchase of advertising, which is the electronification of the digital advertising buying process. Programmatic advertising is rapidly taking market share from traditional ad sales channels, which require more staffing, offer less transparency, and involve higher costs to buyers.
Our DSP is used by marketers and their advertising agencies to centralize the planning, buying and measurement of their digital advertising across most channels. Through our omnichannel platform, a marketer can easily buy ads on connected TV ("CTV"), streaming audio, digital out-of-home, mobile and desktop.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $344.2M | $289.2M | $222.9M | $197.2M | $224.1M | $165.3M | $164.9M | — |
| Cost of revenue | $186.6M | $157.2M | $120.5M | $116.7M | $129.6M | $88.3M | $94.1M | — |
| Gross profit | $157.6M | $132.1M | $102.5M | $80.4M | $94.5M | $77.0M | $70.8M | — |
| SG&A | $50.2M | $51.1M | $45.3M | $44.5M | $46.9M | $17.6M | $19.8M | — |
| Total operating expenses | $332.1M | $285.8M | $241.2M | $246.4M | $266.9M | $143.5M | $152.1M | — |
| Operating income | $12.1M | $3.5M | -$18.3M | -$49.3M | -$42.8M | $21.8M | $12.8M | — |
| Interest expense | — | — | — | $454.0K | $885.0K | $1.1M | $4.1M | — |
| Pre-tax income | $10.1M | $12.7M | -$9.8M | -$11.9M | -$7.7M | $20.6M | $9.9M | — |
| Income tax | $14.0M | $249.0K | $151.0K | $0 | $0 | $0 | $0 | — |
| Net income | $8.4M | $2.4M | -$3.4M | -$11.9M | -$7.7M | $20.6M | $9.9M | — |
| EPS, basic | 0.51 | 0.15 | -0.23 | -0.84 | -0.63 | 20.64 | 31.31 | — |
| EPS, diluted | 0.36 | 0.14 | -0.23 | -0.84 | -0.63 | 20.64 | 27.37 | — |
| Shares, diluted (wtd. avg.) | 67.0M | 20.5M | 15.2M | 14.2M | 12.4M | 1.0M | 1,000 | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Receivables | $177.1M | $147.0M | $117.5M | $101.7M | $110.7M | $89.8M | — | — |
| Total current assets | $376.2M | $362.5M | $340.4M | $314.9M | $352.2M | $103.9M | — | — |
| Property, plant and equipment | $35.1M | $31.5M | $28.3M | $23.1M | $22.3M | $13.8M | — | — |
| Goodwill | $19.2M | $19.2M | $12.4M | $12.4M | $12.4M | $12.4M | — | — |
| Other intangibles | $2.9M | $3.0M | $201.0K | $667.0K | $1.8M | $3.0M | — | — |
| Total assets | $474.7M | $440.8M | $404.9M | $377.9M | $389.1M | $133.5M | — | — |
| Accounts payable | $83.5M | $71.3M | $47.3M | $37.1M | $32.9M | $29.8M | — | — |
| Short-term debt | — | — | — | $0 | $0 | $3.4M | — | — |
| Total current liabilities | $157.0M | $145.5M | $108.8M | $87.1M | $83.1M | $79.7M | — | — |
| Long-term debt | $0 | $0 | $0 | $0 | $17.5M | $20.2M | — | — |
| Total liabilities | $185.9M | $166.7M | $130.5M | $112.1M | $106.6M | $105.9M | — | — |
| Retained earnings | -$91.8M | -$50.6M | -$43.5M | -$36.3M | -$20.1M | — | — | — |
| Total equity | $82.1M | $53.8M | $274.4M | $265.8M | $282.6M | $20.1M | $15.2M | -$83.2M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $52.6M | $51.8M | $37.8M | -$3.5M | $28.7M | $18.9M | $13.0M | — |
| Depreciation and amortisation | $18.7M | $16.5M | $14.7M | $13.1M | $11.1M | $10.1M | $10.2M | — |
| Stock-based compensation | $24.8M | $21.0M | $32.3M | $28.9M | $68.8M | $0 | $1.1M | — |
| Capital expenditure | $926.0K | $2.5M | $1.2M | $758.0K | $441.0K | $434.0K | $423.0K | — |
| Investing cash flow | -$22.3M | -$27.7M | -$13.5M | -$8.8M | -$7.4M | -$7.8M | -$7.8M | — |
| Financing cash flow | -$44.2M | -$35.4M | -$14.4M | -$19.6M | $207.6M | -$6.2M | -$3.1M | — |
| Dividends paid | — | — | — | $0 | $0 | $5.0M | — | — |
| Buybacks | $3.2M | $10.7M | $4.2M | $2.0M | $15.0M | — | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001828791-26-000019.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $164.9M | $165.3M | $224.1M | $197.2M | $222.9M | $289.2M | $344.2M |
| Gross profit | — | $70.8M | $77.0M | $94.5M | $80.4M | $102.5M | $132.1M | $157.6M |
| Net income | — | $9.9M | $20.6M | -$7.7M | -$11.9M | -$3.4M | $2.4M | $8.4M |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Results announced Item 2.02
- Results announced Item 2.02
- Unregistered share sale Shares issued outside a registered offering. Dilution, and for a small company often the way it is funded. Item 3.02
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced Item 2.02
- Results announced Item 2.02
- Results announced Item 2.02
- Shareholder vote Item 5.07
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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