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Teads Holding Co. (TEAD) 10-Year Financial Performance & Capital Metrics

TEAD • • Industrial / General
TechnologyApplication SoftwareMarketing & Customer EngagementDigital Advertising
AboutTeads Holding Co., together with its subsidiaries, operates a technology platform that connects media owners and advertisers with engaged audiences to drive business outcomes in the United States, Europe, the Middle East, Africa, and internationally. The company operates a two-sided marketplace, forming an end-to-end advertising platform with direct media owner and advertiser relationships. It also provides advertising solutions for advertisers, including a CPC performance platform and CPM-based managed and self-service platforms, and bespoke creative studio solutions that provide data-driven creative tailored to various environments and channels. In addition, the company offers budgets spanning video, display, native, and performance advertising services and technology solutions that enable media owners to deeply engage their audiences, increasing the total revenue opportunity media owners can realize. Teads Holding Co. was formerly known as Outbrain Inc. and changed its name to Teads Holding Co. in June 2025. Teads Holding Co. was incorporated in 2006 and is headquartered in New York, New York.Show more
  • Revenue $890M -4.9%
  • EBITDA $7M -43.3%
  • Net Income -$711K -106.9%
  • EPS (Diluted) -0.10 -66.7%
  • Gross Margin 21.59% +9.3%
  • EBITDA Margin 0.77% -40.4%
  • Operating Margin -1.42% -53.9%
  • Net Margin -0.08% -107.3%
  • ROE -0.31% -106.7%
  • ROIC -4.3% -113.2%
  • Debt/Equity 0.07 -88.3%
  • Interest Coverage -3.46 -116.2%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Company is almost debt free
  • ✓Share count reduced 7.5% through buybacks
  • ✓Trading at only 0.2x book value
  • ✓Efficient asset utilization: 1.6x turnover

✗Weaknesses

  • ✗Weak momentum: RS Rating 9 (bottom 9%)
  • ✗Thin 5Y average net margin of 0.0%
  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y-
3Y-4.31%
TTM30.91%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM-2633.82%

EPS CAGR

10Y-
5Y-
3Y-
TTM-2861.87%

ROCE

10Y Avg2.56%
5Y Avg2.56%
3Y Avg-2.94%
Latest-4.03%

Peer Comparison

Digital Advertising
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Sector-Specific
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PUBMPubMatic, Inc.299.11M7.8434.099.08%-2.51%-2.96%11.67%0.16
DVDoubleVerify Holdings, Inc.1.7B10.563314.72%6.1%4.16%7.79%0.08
MTCHMatch Group, Inc.7.46B31.6015.643.41%16.2%11.83%

Profit & Loss

Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+767.14M1.02B992.08M935.82M889.88M
Revenue Growth %-0.32%-0.02%-0.06%-0.05%
Cost of Goods Sold+602.08M775.37M799.43M751.02M697.77M
COGS % of Revenue0.78%0.76%0.81%0.8%0.78%
Gross Profit+165.06M240.26M192.65M184.8M192.1M
Gross Margin %0.22%0.24%0.19%0.2%0.22%
Gross Profit Growth %-0.46%-0.2%-0.04%0.04%
Operating Expenses+154.88M205.7M206.2M193.44M204.74M
OpEx % of Revenue0.2%0.2%0.21%0.21%0.23%
Selling, General & Admin125.92M166.53M165.88M157.03M167.66M
SG&A % of Revenue0.16%0.16%0.17%0.17%0.19%
Research & Development28.96M39.17M40.32M36.4M37.08M
R&D % of Revenue0.04%0.04%0.04%0.04%0.04%
Other Operating Expenses00000
Operating Income+10.18M34.56M-13.55M-8.64M-12.64M
Operating Margin %0.01%0.03%-0.01%-0.01%-0.01%
Operating Income Growth %-2.4%-1.39%0.36%-0.46%
EBITDA+28.69M54.03M13.37M12.06M6.84M
EBITDA Margin %0.04%0.05%0.01%0.01%0.01%
EBITDA Growth %-0.88%-0.75%-0.1%-0.43%
D&A (Non-Cash Add-back)18.51M19.47M26.92M20.7M19.48M
EBIT8.48M-7.49M-10.95M21.75M5.35M
Net Interest Income+-2.53M-7.04M-5.03M2.4M5.56M
Interest Income-1.7M02.6M7.79M9.21M
Interest Expense832K7.04M7.63M5.39M3.65M
Other Income/Expense-2.53M-49.09M-5.03M24.99M14.34M
Pretax Income+7.65M-14.54M-18.57M16.36M1.7M
Pretax Margin %0.01%-0.01%-0.02%0.02%0%
Income Tax+3.29M-25.53M6.01M6.11M2.42M
Effective Tax Rate %0.57%-0.76%1.32%0.63%-0.42%
Net Income+4.36M10.99M-24.58M10.24M-711K
Net Margin %0.01%0.01%-0.02%0.01%-0%
Net Income Growth %-1.52%-3.24%1.42%-1.07%
Net Income (Continuing)4.36M10.99M-24.58M10.24M-711K
Discontinued Operations00000
Minority Interest00000
EPS (Diluted)+0.080.20-0.44-0.06-0.10
EPS Growth %-1.47%-3.2%0.86%-0.67%
EPS (Basic)0.080.20-0.440.20-0.01
Diluted Shares Outstanding53.86M53.89M55.62M56.97M52.71M
Basic Shares Outstanding53.86M55.62M55.62M50.9M49.32M
Dividend Payout Ratio-----

Balance Sheet

Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+277.42M676.08M500.5M401.78M343.13M
Cash & Short-Term Investments93.64M455.4M272.49M165.2M166.13M
Cash Only93.64M455.4M105.58M70.89M89.09M
Short-Term Investments00166.91M94.31M77.03M
Accounts Receivable165.45M192.81M181.26M189.33M149.17M
Days Sales Outstanding78.7269.2966.6973.8561.18
Inventory00000
Days Inventory Outstanding-----
Other Current Assets18.33M05.87M7.25M4.98M
Total Non-Current Assets+79.07M119.81M280.64M262.86M206.08M
Property, Plant & Equipment24.76M28.01M50.95M54.61M60.3M
Fixed Asset Turnover30.99x36.26x19.47x17.14x14.76x
Goodwill32.88M32.88M63.06M63.06M63.06M
Intangible Assets9.81M5.72M24.57M20.4M16.93M
Long-Term Investments5.8M078.76M65.77M0
Other Non-Current Assets3.02M20.33M27.56M20.67M24.97M
Total Assets+356.49M795.89M781.15M664.64M549.21M
Asset Turnover2.15x1.28x1.27x1.41x1.62x
Asset Growth %-1.23%-0.02%-0.15%-0.17%
Total Current Liabilities+256.75M288.5M300.11M297.62M289.47M
Accounts Payable118.49M160.79M147.65M150.81M149.48M
Days Payables Outstanding71.8375.6967.4173.378.19
Short-Term Debt3.85M0000
Deferred Revenue (Current)1000K1000K1000K1000K1000K
Other Current Liabilities96.27M30.04M32.67M27.54M25.9M
Current Ratio1.08x2.34x1.67x1.35x1.19x
Quick Ratio1.08x2.34x1.67x1.35x1.19x
Cash Conversion Cycle-----
Total Non-Current Liabilities+17.11M250.62M263.26M143.95M28.4M
Long-Term Debt0236M236M118M0
Capital Lease Obligations008.45M9.22M11.78M
Deferred Tax Liabilities3.4M0000
Other Non-Current Liabilities13.71M14.62M18.81M16.73M16.62M
Total Liabilities273.86M539.12M563.36M441.57M317.87M
Total Debt+3.85M239.07M247.68M130.9M15.82M
Net Debt-89.79M-216.33M142.1M60.01M-73.28M
Debt / Equity0.05x0.93x1.14x0.59x0.07x
Debt / EBITDA0.13x4.43x18.52x10.85x2.31x
Net Debt / EBITDA-3.13x-4.00x10.63x4.97x-10.71x
Interest Coverage12.23x4.91x-1.78x-1.60x-3.46x
Total Equity+82.63M256.77M217.79M223.06M231.34M
Equity Growth %-2.11%-0.15%0.02%0.04%
Book Value per Share1.534.763.923.924.39
Total Shareholders' Equity82.63M256.77M217.79M223.06M231.34M
Common Stock29K58K60K62K64K
Retained Earnings-168.25M-157.25M-179.02M-168.78M-169.49M
Treasury Stock0-16.5M-49.17M-67.69M-74.29M
Accumulated OCI-4.29M-4.47M-9.91M-9.05M-9.48M
Minority Interest00000

Cash Flow

Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+52.99M56.76M3.81M13.75M68.56M
Operating CF Margin %0.07%0.06%0%0.01%0.08%
Operating CF Growth %-0.07%-0.93%2.61%3.99%
Net Income4.36M10.99M-24.58M10.24M-711K
Depreciation & Amortization18.51M19.47M26.92M20.7M19.48M
Stock-Based Compensation026.31M11.66M12.14M15.46M
Deferred Taxes-2.26M-31.81M-3.85M-4.31M-5.09M
Other Non-Cash Items3.74M48.13M4.98M-14.45M-2.83M
Working Capital Changes28.63M-16.33M-11.31M-10.57M42.26M
Change in Receivables-24.12M-31.5M5.28M-12.95M35.91M
Change in Inventory00000
Change in Payables31.43M36.11M7.96M-1.23M-11.7M
Cash from Investing+-9.42M-20.1M-317.9M69.64M67.15M
Capital Expenditures-10.5M-9.74M-13.38M-10.13M-7.38M
CapEx % of Revenue0.01%0.01%0.01%0.01%0.01%
Acquisitions-----
Investments-----
Other Investing-39K-10.36M-12.7M-10.18M-10.01M
Cash from Financing+-4.23M325.89M-31.7M-117.07M-117.7M
Debt Issued (Net)-----
Equity Issued (Net)-----
Dividends Paid00000
Share Repurchases-----
Other Financing0-4.41M4.16M-547K-1.1M
Net Change in Cash-----
Free Cash Flow+51.48M36.71M-22.13M-6.49M51.27M
FCF Margin %0.07%0.04%-0.02%-0.01%0.06%
FCF Growth %--0.29%-1.6%0.71%8.9%
FCF per Share0.960.68-0.40-0.110.97
FCF Conversion (FCF/Net Income)12.16x5.16x-0.16x1.34x-96.43x
Interest Paid0587K7.46M6.03M4.32M
Taxes Paid06.74M6.89M8.6M10.27M

Key Ratios

Metric20202021202220232024
Return on Equity (ROE)5.27%6.48%-10.36%4.65%-0.31%
Return on Invested Capital (ROIC)-155.7%-5.08%-2.02%-4.3%
Gross Margin21.52%23.66%19.42%19.75%21.59%
Net Margin0.57%1.08%-2.48%1.09%-0.08%
Debt / Equity0.05x0.93x1.14x0.59x0.07x
Interest Coverage12.23x4.91x-1.78x-1.60x-3.46x
FCF Conversion12.16x5.16x-0.16x1.34x-96.43x
Revenue Growth-32.39%-2.32%-5.67%-4.91%

Frequently Asked Questions

Growth & Financials

Teads Holding Co. (TEAD) reported $1.18B in revenue for fiscal year 2024. This represents a 54% increase from $767.1M in 2020.

Teads Holding Co. (TEAD) saw revenue decline by 4.9% over the past year.

Teads Holding Co. (TEAD) reported a net loss of $89.0M for fiscal year 2024.

Dividend & Returns

Teads Holding Co. (TEAD) has a return on equity (ROE) of -0.3%. Negative ROE indicates the company is unprofitable.

Teads Holding Co. (TEAD) generated $63.9M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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