AdTheorent Holding (ADTH)

Company Profile

AdTheorent (Nasdaq: ADTH) uses advanced machine learning technology and privacy-forward solutions to deliver impactful advertising campaigns for marketers. AdTheorent's advanced machine learning platform powers its predictive targeting, geo-intelligence, audience extension solutions and in-house creative capability, Studio A\T. Leveraging only non-sensitive data and focused on the predictive value of machine learning models, AdTheorent's product suite and flexible transaction models allow advertisers to identify the most qualified potential consumers coupled with the optimal creative experience to deliver superior results, measured by each advertiser's real-world business goals. AdTheorent is headquartered in New York, with fourteen offices across the United States and Canada.

Company profile

Ticker

ADTH, ADTHW

Exchange

Incorporated

Location

Fiscal year end

Industry (SIC)

Services - Computer Programming, Data Processing, Etc.

Alphabet • Meta Platforms • Baidu • Rackspace Technology • IHS Markit • Sabre • IAC • Match • Bumble • Twitter ...

Former names

MCAP Acquisition Corp

SEC CIK

0001838672

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

AdTheorent Holding Company, LLC • GRNT Merger Sub 2 LLC • AdTheorent Intermediate Holding Corporation • AdTheorent Acquisition Corporation • AdTheorent, Inc. • AdTheorent Canada, Inc. ...

IRS number

853978415

ADTH stock data

1M 1Y 5Y

Latest filings (excl ownership)

View all

EFFECT

Notice of effectiveness

17 Mar 23

424B4

Prospectus supplement with pricing info

16 Mar 23

POS AM

Prospectus update (post-effective amendment)

15 Mar 23

S-8

Registration of securities for employees

Prospectus update (post-effective amendment)

2 Mar 23

AdTheorent Holding Company, Inc. Reports Fourth Quarter and Full-Year 2022 Results and Provides First Quarter and Full-Year 2023 Guidance

2 Mar 23

8-K

In the Court of Chancery for the State of Delaware

Transcripts

View all

ADTH

Earnings call transcript

2022 Q4

2 Mar 23

ADTH

Earnings call transcript

2022 Q3

13 Nov 22

ADTH

Earnings call transcript

2022 Q2

13 Aug 22

ADTH

Earnings call transcript

2022 Q1

12 May 22

ADTH

Earnings call transcript

2021 Q4

4 Mar 22

Latest ownership filings

View all

Corbin Capital Partners, L.P.

14 Feb 23

Patrick Allen Elliott

Hana Alternative Asset Management Co., Ltd.

12 Apr 22

Financial summary

Financial statements Chart ADTH financial data

Quarter (USD)	Dec 22	Sep 22	Jun 22	Mar 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 22	Dec 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	72.58 mm	72.58 mm	72.58 mm	72.58 mm	72.58 mm	72.58 mm
Cash burn (monthly)	(no burn)	2.29 mm	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	n/a	6.48 mm	n/a	n/a	n/a	n/a
Cash remaining	n/a	66.10 mm	n/a	n/a	n/a	n/a
Runway (months of cash)	n/a	28.8	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q4 2022

ADTH institutional ownership history Ownership history

75.3% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	37	38	-2.6%
Opened positions	3	26	-88.5%
Closed positions	4	49	-91.8%
Increased positions	4	1	+300.0%
Reduced positions	3	5	-40.0%

13F shares	Current	Prev Q	Change
Total value	5.30 bn	340.59 mm	+1456.2%
Total shares	65.99 mm	65.56 mm	+0.7%
Total puts	0.00	0.00
Total calls	179.17 k	249.76 k	-28.3%
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
H.I.G. Growth - AdTheorent	34.06 mm	$329.06 mm	0.0%
Theodore L Koenig	16.60 mm	$0.00	0.0%
Hana Alternative Asset Management	8.00 mm	$0.00	0.0%
LMR Partners	2.69 mm	$4.46 bn	+0.5%
Caz Investments	874.10 k	$96.00 k	0.0%
Corbin Capital Partners	793.08 k	$87.24 mm	0.0%
Walleye Capital	761.05 k	$83.72 mm	+53.9%
Cowen And	348.79 k	$34.88 mm	NEW
JEF Jefferies Financial	307.65 k	$33.84 mm	NEW
Castle Creek Arbitrage	214.08 k	$24.60 mm	0.0%

Largest transactions	Shares	Bought/sold	Change
Jefferies	0.00	-477.50 k	EXIT
Cowen And	348.79 k	+348.79 k	NEW
JEF Jefferies Financial	307.65 k	+307.65 k	NEW
Walleye Capital	761.05 k	+266.45 k	+53.9%
Lombard Odier Asset Management	0.00	-41.67 k	EXIT
LMR Partners	2.69 mm	+14.00 k	+0.5%
Susquehanna International	11.80 k	+11.80 k	NEW
Wolverine Asset Management	24.04 k	+9.77 k	+68.5%
CVI	170.83 k	-8.15 k	-4.6%
UBS UBS Group AG - Registered Shares	0.00	-4.80 k	EXIT

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

ADTH insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
3 Jan 23	Andrew L Anderson	Common Stock	Payment of exercise	Dispose F	No	No	1.66	4,344	7.21 k	152,787
3 Jan 23	Andrew L Anderson	Common Stock	Payment of exercise	Dispose F	No	No	1.66	4,339	7.20 k	157,131
3 Jan 23	William James Todd	Common Stock	Payment of exercise	Dispose F	No	No	1.66	6,674	11.08 k	51,866
3 Jan 23	Charles Jordan	Common Stock	Payment of exercise	Dispose F	No	No	1.66	4,917	8.16 k	42,647
3 Nov 22	John Richard Black	Common Stock, $0.0001 Par Value	Grant	Acquire A	No	No	0	16,464	0.00	16,464