Direct Digital Holdings (DRCT) Deferred Taxes (2022 - 2024)
Direct Digital Holdings' (DRCT) quarterly Deferred Taxes came in at $6.6 million in Q3 2024, up 7407.95% year-on-year from $88000.0 in Q4 2023, and up 2502.55% on a QoQ basis from -$275000.0 in Q2 2024.
Direct Digital Holdings (DRCT) Deferred Taxes (2022 - 2024) Analysis & Trends
Direct Digital Holdings (DRCT) has 3 years of Deferred Taxes data on file, last reported at $6.6 million in Q3 2024.
- On a quarterly basis, Deferred Taxes rose 7407.95% year-over-year to $6.6 million in Q3 2024; TTM through Jun 2025 was $6.6 million, a 6573.74% increase from a year earlier, with the FY2024 full-year figure at $6.1 million, up 979.58% from the prior year.
- Deferred Taxes for Q3 2024 stood at $6.6 million, up from -$275000.0 in the prior quarter.
- Over the last five years, Deferred Taxes for DRCT reached as high as $6.6 million in Q3 2024 and fell as low as -$275000.0 in Q2 2024.
- Historically, Deferred Taxes has averaged $751781.6 across 3 years, with a median of $68000.0 in 2023.
- On a YoY basis, Deferred Taxes climbed as much as 7407.95% in 2024 and fell as far as 504.41% in 2024.
- Year by year, Deferred Taxes stood at $145591.0 in 2022, then surged by 233.81% to $486000.0 in 2023, then jumped by 1259.47% to $6.6 million in 2024.
- Per Business Quant data, the three most recent Deferred Taxes figures were $6.6 million in Q3 2024, -$275000.0 in Q2 2024, and -$200000.0 in Q1 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | AppLovin | 134.57 Bn | 131.82 Bn | 1.64 Bn | - |
| 2 | Wpp | 26.03 Bn | 22.66 Bn | - | - |
| 3 | Omnicom | 22.21 Bn | 18.26 Bn | 1.04 Bn | - |
| 4 | Trade Desk | 7.97 Bn | 6.56 Bn | 506.89 Mn | - |
| 5 | Magnite | 2.57 Bn | 2.39 Bn | 103.96 Mn | -1.15 Mn |
| 6 | Ziff Davis | 1.94 Bn | 1.42 Bn | 223.32 Mn | -12.32 Mn |
| 7 | Stagwell | 1.76 Bn | 1.66 Bn | 244.61 Mn | -635,000.00 |
| 8 | DoubleVerify Holdings | 1.67 Bn | 1.50 Bn | 147.67 Mn | 1.50 Mn |
| 9 | Clear Channel Outdoor Holdings | 1.20 Bn | 1.03 Bn | 193.76 Mn | -10.63 Mn |
| 10 | Direct Digital Holdings | 201,739.99 | -5.75 Mn | 2.26 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 6.61 Mn |
| Jun 30, 2024 | -275,000.00 |
| Mar 31, 2024 | -200,000.00 |
| Dec 31, 2023 | 486,000.00 |
| Sep 30, 2023 | 88,000.00 |
| Jun 30, 2023 | 68,000.00 |
| Mar 31, 2023 | -74,000.00 |
| Dec 31, 2022 | 145,591.00 |
| Sep 30, 2022 | -79,557.00 |