Currenc (CURR) Long-Term Investments (2021 - 2024)
Currenc (CURR) posted Long-Term Investments of $55.5 million for Q2 2024, up 1.74% on a QoQ basis from $54.5 million in Q1 2024, and down 46.64% year-over-year from $103.9 million in Q3 2023.
Currenc (CURR) Long-Term Investments (2021 - 2024) Analysis & Trends
Currenc's Long-Term Investments history runs 4 years deep, the most recent figure standing at $55.5 million for Q2 2024.
- Quarterly Long-Term Investments fell 46.64% year-over-year to $55.5 million in Q2 2024, while the trailing twelve-month figure through Jun 2024 was $55.5 million (down 46.64% YoY) and the FY2023 annual result came in at $83.5 million, down 60.02% from the prior year.
- Long-Term Investments was $55.5 million for Q2 2024 at Currenc, up from $54.5 million in the prior quarter.
- Across five years, Long-Term Investments topped out at $208.9 million in Q4 2022 and bottomed at $54.5 million in Q1 2024.
- A 4-year average of $136.7 million and a median of $103.9 million in 2023 frame the typical range for Long-Term Investments.
- Annual changes were most pronounced in 2022 — Long-Term Investments gained 2.92% — and 2023, when it sank 60.02%.
- Currenc's Long-Term Investments stood at $203.0 million in 2021, then rose by 2.92% to $208.9 million in 2022, then sank by 60.02% to $83.5 million in 2023, then tumbled by 33.6% to $55.5 million in 2024.
- Business Quant data shows CURR's Long-Term Investments at $55.5 million in Q2 2024, $54.5 million in Q1 2024, and $83.5 million in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 201.71 Bn | 181.48 Bn | 8.16 Bn | - |
| 2 | Full Truck Alliance | 192.20 Bn | 189.49 Bn | - | 154.84 Mn |
| 3 | Shopify | 162.88 Bn | 157.14 Bn | 1.55 Bn | 708.00 Mn |
| 4 | Salesforce | 153.07 Bn | 141.23 Bn | 8.56 Bn | 7.77 Bn |
| 5 | Uber Technologies | 138.58 Bn | 137.37 Bn | 5.95 Bn | 268.00 Mn |
| 6 | ServiceNow | 110.98 Bn | 106.32 Bn | 2.82 Bn | 2.07 Bn |
| 7 | Automatic Data Processing | 103.45 Bn | 100.22 Bn | 2.87 Bn | - |
| 8 | Adobe | 97.13 Bn | 91.50 Bn | 5.90 Bn | - |
| 9 | Snowflake | 93.65 Bn | 90.70 Bn | 926.45 Mn | 1.43 Bn |
| 10 | Currenc | 200.40 Mn | 121.77 Mn | -5,276.26 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 55.46 Mn |
| Mar 31, 2024 | 54.51 Mn |
| Dec 31, 2023 | 83.52 Mn |
| Sep 30, 2023 | 81.95 Mn |
| Jun 30, 2023 | 103.92 Mn |
| Mar 31, 2023 | 101.83 Mn |
| Dec 31, 2022 | 208.93 Mn |
| Sep 30, 2022 | 204.21 Mn |
| Jun 30, 2022 | 203.30 Mn |
| Mar 31, 2022 | 203.02 Mn |
| Dec 31, 2021 | 203.00 Mn |