Direct Digital Holdings (DRCT) Deferred Taxes (2022 - 2024)
Direct Digital Holdings (DRCT) posted quarterly Deferred Taxes of $6.6 million for Q3 2024, up 7407.95% year-over-year from $88000.0 in Q4 2023, and up 2502.55% quarter-over-quarter from -$275000.0 in Q2 2024.
Direct Digital Holdings (DRCT) Deferred Taxes (2022 - 2024) Analysis & Trends
Direct Digital Holdings (DRCT) has reported Deferred Taxes for 3 consecutive years, with $6.6 million the latest figure, recorded in Q3 2024.
- In Q3 2024, Deferred Taxes rose 7407.95% year-over-year to $6.6 million; the TTM figure through Jun 2025 stood at $6.6 million (up 6573.74% YoY), while the FY2024 annual figure was $6.1 million, up 979.58% from the prior year.
- Deferred Taxes grew to $6.6 million in Q3 2024 per DRCT's latest filing, from -$275000.0 in the prior quarter.
- Across five years, Deferred Taxes topped out at $6.6 million in Q3 2024 and bottomed at -$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.
- Direct Digital Holdings' Deferred Taxes stood at $145591.0 in 2022, then soared by 233.81% to $486000.0 in 2023, then surged by 1259.47% to $6.6 million in 2024.
- Business Quant data shows DRCT's Deferred Taxes at $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 | 101.94 Bn | 98.89 Bn | 1.70 Bn | - |
| 2 | Omnicom | 24.60 Bn | 21.26 Bn | 1.30 Bn | - |
| 3 | Trade Desk | 6.22 Bn | 4.73 Bn | 530.72 Mn | - |
| 4 | Wpp | 5.67 Bn | 2.50 Bn | - | - |
| 5 | Magnite | 3.37 Bn | 3.04 Bn | 130.79 Mn | -7,000.00 |
| 6 | Stagwell | 2.15 Bn | 2.04 Bn | 269.24 Mn | 297,000.00 |
| 7 | DoubleVerify Holdings | 2.05 Bn | 1.84 Bn | 161.31 Mn | 85,000.00 |
| 8 | Ziff Davis | 2.03 Bn | 426.15 Mn | 241.03 Mn | -10.22 Mn |
| 9 | Clear Channel Outdoor Holdings | 1.21 Bn | 1.02 Bn | 241.86 Mn | 1.70 Mn |
| 10 | Direct Digital Holdings | 1.77 Mn | 1.25 Mn | 2.66 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 |