Private company
Digital Media Solutions, Inc.
American business services company, incorporated in Delaware1
In its 2024 annual report the company says: “Digital Media Solutions, Inc. is a leading provider of technology enabled digital performance advertising solutions connecting consumers and advertisers. Our performance-based ROI-driven business model derisks ad spend for advertisers which in turn positions DMS to grow as digital ad spend accelerates because advertisers are shifting more of their ad spend from traditional channels like TV and radio to digital channels, including social media, search, display, e-mail, push and connected TV.”5 It is headquartered in Clearwater, Florida.1
Last updated Oct 20, 2026.
Overview
- IndustryServices-Business Services, NEC1
- HeadquartersClearwater, Florida1
- Incorporated inDE3
- Business address4800 140Th Avenue N., Suite 101, Clearwater, Fl 337623
- Filer categoryNon-accelerated filer, Smaller reporting company3
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Digital Media Solutions, Inc. (“DMS Inc.” or the “Company” or “DMS” or “us”, “our” or “we”) is a leading provider of technology enabled digital performance advertising solutions connecting consumers and advertisers. Our performance-based ROI-driven business model derisks ad spend for advertisers which in turn positions DMS to grow as digital ad spend accelerates because advertisers are shifting more of their ad spend from traditional channels like TV and radio to digital channels, including social media, search, display, e-mail, push and connected TV. As used in this Annual 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”)).5 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2023
Where the money goes
Where each dollar of revenue went, fiscal 2023
- Cost of revenue75¢$252.1M
- Other costs13¢$43.5M
- Interest12¢$38.6M
- Income tax0¢$790.0K
Out of $334.9M in revenue.2 The company lost money this year.
Financial statements
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenue | $238.3M6 | $332.9M7 | $427.9M8 | $391.1M2 | $334.9M2 | ||
| Cost of revenue | $161.6M6 | $234.7M7 | $303.0M8 | $287.8M2 | $252.1M2 | ||
| Gross profit | $76.7M6 | $98.1M7 | $124.9M8 | $103.3M2 | $82.9M2 | ||
| Operating income | -$489.8K9 | -$163.0K6 | $12.0M7 | $8.4M8 | -$42.5M2 | -$94.0M2 | |
| Interest | $10.9M6 | $13.7M7 | $14.2M8 | $17.4M2 | $38.6M2 | ||
| Income before tax | -$56.6M2 | -$123.5M2 | |||||
| Income tax | $09 | $137.0K6 | $3.1M7 | $19.3M8 | -$4.1M2 | -$790.0K2 | |
| Net income | $2.6M9 | -$11.2M6 | -$8.7M7 | $2.2M8 | -$32.0M2 | -$81.7M2 | |
| Earnings per share | -$0.237 | $0.068 | -$12.382 | -$31.962 | |||
| Earnings per share (diluted) | -$0.237 | $0.068 | -$12.372 | -$31.962 | |||
| Shares (weighted, basic) | 35.2M shares8 | 2.6M shares2 | 2.9M shares2 | ||||
| Shares (weighted, diluted) | 35.8M shares8 | 2.6M shares2 | 2.9M shares2 |
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Cash | $112.7K9 | $4.6M6 | $3.0M6 | $31.4M6 | $26.4M2 | $48.8M2 | $19.0M2 |
| Receivables | $51.6M8 | $48.1M2 | $35.3M2 | ||||
| Current assets | $112.7K13 | $693.8K9 | $35.4M6 | $76.9M7 | $83.7M8 | $102.2M2 | $65.8M2 |
| Property, plant and equipment | $19.2M8 | $17.7M2 | $15.4M2 | ||||
| Goodwill | $76.6M2 | $77.2M2 | $32.8M2 | ||||
| Intangible assets | $66.2M8 | $27.5M2 | $29.4M2 | ||||
| Total assets | $389.2K13 | $203.8M9 | $144.1M6 | $202.4M7 | $246.6M8 | $227.6M2 | $147.3M2 |
| Accounts payable | $42.1M8 | $39.9M2 | $41.2M2 | ||||
| Short-term debt | $2.2M8 | $2.2M2 | $2.8M2 | ||||
| Current liabilities | $373.0K13 | $109.3K9 | $40.1M6 | $57.0M7 | $67.4M8 | $53.1M2 | $57.5M2 |
| Long-term debt | $201.0M6 | $193.6M7 | $215.5M8 | $254.6M2 | $286.4M2 | ||
| Total liabilities | $373.0K13 | $7.1M9 | $250.4M6 | $298.1M7 | $294.4M8 | $311.6M2 | $345.3M2 |
| Retained earnings | -$944.0K8 | -$32.9M2 | -$126.2M2 | ||||
| Shareholders’ equity | $16.2K9 | $5.0M9 | $06 | -$51.2M7 | -$26.2M8 | -$47.1M2 | -$207.0M2 |
| Shares outstanding | 58.4M shares7 | 61.9M shares7 | 25.7M shares8 | 1.7M shares2 |
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Cash from operations | -$524.6K9 | -$9.6M6 | $17.0M7 | $18.8M8 | -$315.0K2 | -$7.9M2 | |
| Depreciation and amortization | $25.4M8 | $28.2M2 | $19.5M2 | ||||
| Stock-based compensation | $6.4M8 | $6.7M2 | $3.1M2 | ||||
| Capital spending | $6.5M6 | $10.4M7 | $9.1M8 | $6.7M2 | $6.6M2 | ||
| Free cash flow | -$16.1M | $6.6M | $9.7M | -$7.1M | -$14.5M | ||
| Cash from investing | -$34.2M8 | -$9.2M2 | -$40.2M2 | ||||
| Dividends paid | $21.6M6 | $07 | $196.0K8 | $563.0K2 | $02 | ||
| Share buybacks | $08 | $181.0K2 | $54.0K2 | ||||
| Cash from financing | $10.5M8 | $32.0M2 | $18.2M2 |
Corporate structure
Digital Media Solutions, Inc. sits at the top of its group. 4 entities, 4 countries on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Digital Media Solutions, Inc.
- CLAIRVEST GROUP INC Filed SC 13D/A on Digital Media Solutions, Inc., latest Apr 16, 2024 (2 filings since Aug 29, 2023)
- Luis Ruelas Filed SC 13D on Digital Media Solutions, Inc., latest Mar 22, 2024
- Fernando Borghese Filed SC 13D on Digital Media Solutions, Inc., latest Mar 7, 2024
- Prism Data, LLC Filed SC 13D/A on Digital Media Solutions, Inc., latest Mar 7, 2024 (4 filings since Sep 8, 2022)
- Lyndon Lea Filed SC 13D/A on Digital Media Solutions, Inc., latest Oct 27, 2023
- Digital Media Solutions, Inc. Clearwater, Florida
- DMS CD (Netherlands) B.V. Subsidiary · Netherlands
- DMS CD Holdings (UK) Limited Subsidiary · United Kingdom
- Limited Liability Company "DMS CD (Ukraine)" Subsidiary · Ukraine
Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Digital Media Solutions, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $44.2M2 Dec 31, 2023 | $37.8M2 Dec 31, 2022 | +16.8% |
| Accumulated depreciation | $28.8M2 Dec 31, 2023 | $20.1M2 Dec 31, 2022 | +43.0% |
| Property and equipment, net | $15.4M2 Dec 31, 2023 | $17.7M2 Dec 31, 2022 | −13.1% |
| Operating-lease assets (leased space) | $862.0K2 Dec 31, 2023 | $2.2M2 Dec 31, 2022 | −60.6% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $32.8M2 Dec 31, 2023 | $77.2M2 Dec 31, 2022 | −57.5% |
| Intangible assets, net (excluding goodwill) | $29.4M2 Dec 31, 2023 | $27.5M2 Dec 31, 2022 | +7.0% |
| Finite-lived intangibles, gross | $147.2M2 Dec 31, 2023 | $117.8M2 Dec 31, 2022 | +24.9% |
| Accumulated amortization | $79.4M2 Dec 31, 2023 | $68.7M2 Dec 31, 2022 | +15.6% |
| Finite-lived intangibles, net | $29.4M2 Dec 31, 2023 | $27.5M2 Dec 31, 2022 | +7.0% |
Leadership
Who has led Digital Media Solutions, Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
Chief operating officer
- Chief executive officerJoseph Marinucci Oct 26, 2020 to Mar 7, 202415
- PresidentJoseph Marinucci Oct 26, 2020 to Mar 7, 202415
- Chief financial officerVanessa Guzman-Clark May 1, 2023 to May 1, 202316
- Chief financial officerRichard Rodick Jul 18, 2022 to Apr 14, 202317
- Chief financial officerVasundara Srenivas Apr 5, 2021 to Aug 23, 202218
- Chief financial officerRandall Koubek Jul 27, 2020 to Oct 30, 202019
- Chief financial officerRobert Darwent Feb 12, 2018 to Feb 12, 201820
- Chief operating officerFernando Borghese Jul 27, 2020 to Mar 7, 202421
Board members and other officers (18)
- Chief Technology OfficerJason Rudolph Jul 27, 2020 to Jul 18, 202322
- Chief Revenue OfficerJoey Liner Jul 27, 2020 to Aug 23, 202223
- Chief Media OfficerJonathan Katz Jul 27, 2020 to Jul 20, 202124
- OfficerJoseph Marinucci Jul 27, 2020 to Jul 27, 202025
- Chief Information OfficerMatthew Goodman Jul 27, 2020 to Jan 24, 202426
- OfficerRyan Foster Jul 27, 2020 to Jul 27, 202027
- Board memberScott N. Flanders Jun 30, 2023 to Jun 30, 202328
- Board memberNeil Nguyen Sep 19, 2023 to Sep 19, 202329
- Board memberElizabeth A. Lapuma Sep 27, 2023 to Sep 27, 202330
- Board memberMaurissa Bell Jun 27, 2022 to Aug 8, 202231
- Board memberFernando Borghese Jul 27, 2020 to Mar 7, 202421
- Board memberJoseph Marinucci Jul 27, 2020 to Mar 7, 202425
- Board memberRobbie Isenberg Jul 27, 2020 to Aug 8, 202232
- Board memberLori H. Bush Feb 12, 2018 to Jul 17, 202033
- Board memberMary Minnick Feb 12, 2018 to Aug 8, 202234
- Board memberRobert Darwent Feb 12, 2018 to Jul 18, 202320
- Board memberTorres Robert Bensoussan Feb 12, 2018 to Jul 20, 202035
- General counselAnthony Saldana Jan 20, 2021 to Jan 4, 202436
Subsidiaries and ownership
Subsidiaries (Exhibit 21)
- DMS CD (Netherlands) B.V. Netherlands4
- DMS CD Holdings (UK) Limited United Kingdom4
- Limited Liability Company "DMS CD (Ukraine)" Ukraine4
The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Former names
- Leo Holdings Corp.Dec 15, 2017 to Jul 14, 20203
Timeline
- May 15, 20248-K Results of operations37
- Apr 19, 20248-K Entered a material agreement; New debt or obligation38
- Apr 18, 20248-K Results of operations39
- Nov 17, 20238-K Executive or director change40
- Nov 14, 20238-K Results of operations41
- Nov 13, 20238-K Executive or director change42
- Sep 28, 20238-K Listing notice or transfer43
- Sep 19, 20238-K Executive or director change44
- Sep 6, 20238-K Executive or director change45
- Aug 30, 20238-K Change to shareholders' rights; Bylaws or fiscal year changed46
- Aug 28, 20238-K Executive or director change47
- Aug 14, 20238-K Results of operations48
- Oct 26, 2020New chief executive Joseph Marinucci becomes CEO15
Calendar
When it reported results
- May 15, 2024Reported quarterly or annual results37
- Apr 18, 2024Reported quarterly or annual results39
- Nov 14, 2023Reported quarterly or annual results41
- Aug 14, 2023Reported quarterly or annual results48
- May 15, 2023Reported quarterly or annual results49
- Apr 3, 2023Reported quarterly or annual results50
- Jan 5, 2023Reported quarterly or annual results51
- Nov 8, 2022Reported quarterly or annual results52
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
191 filings to the SEC since October 2021: 6 annual reports, 8 quarterly reports, 44 major events, 63 insider forms, 9 large holders, 61 other. The latest 20:
- Aug 15, 2024EFFECT EDGAR
- Aug 15, 2024EFFECT EDGAR
- Aug 15, 2024EFFECT EDGAR
- Aug 15, 2024EFFECT EDGAR
- Aug 13, 202415-12G EDGAR
- Aug 13, 2024S-8 POS POST-EFFECTIVE AMENDMENT NO. 1 TO FORM S-8 EDGAR
- Aug 13, 2024POS AM POST-EFFECTIVE AMENDMENT TO FORM S-3 EDGAR
- Aug 13, 2024POS AM POST-EFFECTIVE AMENDMENT TO FORM S-3 EDGAR
- Aug 13, 2024POS AM POST-EFFECTIVE AMENDMENT TO FORM S-3 EDGAR
- Aug 13, 2024POS AM POST-EFFECTIVE AMENDMENT TO FORM S-3 EDGAR
- May 15, 202410-Q EDGAR
- May 15, 20248-K EDGAR
- Apr 29, 202410-K/A EDGAR
- Apr 19, 20248-K EDGAR
- Apr 18, 202410-K EDGAR
- Apr 18, 20248-K EDGAR
- Apr 16, 2024SC 13D/A EDGAR
- Apr 16, 20244 EDGAR
- Apr 2, 2024NT 10-K EDGAR
- Mar 22, 20243 EDGAR
The 191 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
1 open-market trades by officers, directors and large owners since October 2021: 0 buys and 1 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Jul 1, 2022 | SRENIVAS VASUNDARAFmr. Chief Financial Officer | Sale | 1,597 | $1.16 | $1.9K | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- CLAIRVEST GROUP INCSC 13D/A, 2 filings Aug 29, 2023 to Apr 16, 202453
- Luis RuelasSC 13D, 1 filing Mar 22, 202454
- Fernando BorgheseSC 13D, 1 filing Mar 7, 202455
- Prism Data, LLCSC 13D/A, 4 filings Sep 8, 2022 to Mar 7, 202456
- Lyndon LeaSC 13D/A, 1 filing Oct 27, 202357
SEC filer profile
How Digital Media Solutions, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARDigital Media Solutions, Inc.1
- CIK0001725134
- Employer ID (EIN)98-13997271
- Filer statusNon-accelerated filer<br>smaller reporting company1
- Incorporated inDelaware1
- Fiscal year endsDecember 311
- Industry code (SIC)7389 Services-Business Services, NEC1
- SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance1
- Business address4800 140Th Avenue N., Suite 101, Clearwater, FL 337621
- Phone(877) 236-86321
- Public float$3.5M as of Jun 30, 202358
- On EDGAR sinceDec 15, 20171
- Filings477 in all: 4 (114), 8-K (82), 424B3 (46), 3 (32), 10-Q (21), SC 13G (19), SC 13G/A (18), 425 (16)1
All 44 form types
EFFECT (16), CORRESP (15), SC 13D/A (11), POS AM (10), UPLOAD (7), 10-K (6), 8-K/A (6), S-4/A (6), 10-K/A (5), SC 13D (5), DEF 14A (4), S-1/A (4), 25-NSE (3), S-1 (3), 8-K12B/A (2), DEFA14A (2), DEFM14A (2), NT 10-Q (2), S-3 (2), S-4 (2), 15-12G (1), 4/A (1), 424B4 (1), 8-A12B (1), 8-A12B/A (1), 8-K12B (1), ARS (1), CERT (1), DEF 14C (1), DRS (1), NT 10-K (1), PRE 14A (1), PRE 14C (1), S-3/A (1), S-8 (1), S-8 POS (1)
- Latest filingsAnnual report (10-K) Apr 18, 2024
Quarterly report (10-Q) May 15, 2024
Proxy statement (DEF 14A) May 17, 2023
Latest 8-K (8-K) May 15, 2024
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 23SEC EDGARJoey Liner, Chief Revenue Officer
- 24SEC EDGARJonathan Katz, Chief Media Officer
- 25SEC EDGARJoseph Marinucci, Officer
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- 27SEC EDGARRyan Foster, Officer
- 28SEC EDGARScott N. Flanders, Board member
- 29SEC EDGARNeil Nguyen, Board member
- 30SEC EDGARElizabeth A. Lapuma, Board member
- 31SEC EDGARMaurissa Bell, Board member
- 32SEC EDGARRobbie Isenberg, Board member
- 33SEC EDGARLori H. Bush, Board member
- 34SEC EDGARMary Minnick, Board member
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- 36SEC EDGARAnthony Saldana, General counsel
- 37SEC EDGARResults of operations
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- 39SEC EDGARResults of operations
- 40SEC EDGARExecutive or director change
- 41SEC EDGARResults of operations
- 42SEC EDGARExecutive or director change
- 43SEC EDGARListing notice or transfer
- 44SEC EDGARExecutive or director change
- 45SEC EDGARExecutive or director change
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- 47SEC EDGARExecutive or director change
- 48SEC EDGARResults of operations
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