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  "documentTitle": "DoubleVerify Holdings, Inc. (DV)",
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  "notes": "Uses red boxes to highlight specific line items (Gross Profit, Operating Profit) in financial tables to draw attention to the decline.",
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      "text": "Operating profit is still down -35% since 2019.",
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      "text": "As of the last filing for 2021, operating profit is still down -35% since 2019.",
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      "text": "DV acquired Zentrick on February 15, 2019.(1) Based on statutory filings for Zentrick made in Belgium, we see that gross profit and operating profits fell sharply between 2019 and 2020. As of the last filing for 2021, operating profit is still down -35% since 2019.",
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      "text": "Source: Belgium regulatory filings",
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      "text": "Zentrick's Foreign Filings Show Margin Issues",
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