Direct Digital Holdings (DRCT) Long-Term Deferred Tax (2022 - 2024)
Direct Digital Holdings (DRCT) posted quarterly Long-Term Deferred Tax of $6.6 million for Q2 2024, up 27.77% year-over-year from $5.2 million in Q3 2023, and up 4.34% quarter-over-quarter from $6.3 million in Q1 2024.
Direct Digital Holdings (DRCT) Long-Term Deferred Tax (2022 - 2024) Analysis & Trends
Direct Digital Holdings (DRCT) has reported Long-Term Deferred Tax for 3 consecutive years, with $6.6 million the latest figure, recorded in Q2 2024.
- In Q2 2024, Long-Term Deferred Tax rose 27.77% year-over-year to $6.6 million; the TTM figure through Jun 2024 stood at $6.6 million (up 27.77% YoY), while the FY2023 annual figure was $6.1 million, up 18.72% from the prior year.
- Long-Term Deferred Tax grew to $6.6 million in Q2 2024 per DRCT's latest filing, from $6.3 million in the prior quarter.
- Across five years, Long-Term Deferred Tax topped out at $6.6 million in Q2 2024 and bottomed at $3.2 million in Q3 2022.
- Historically, Long-Term Deferred Tax has averaged $5.1 million across 3 years, with a median of $5.2 million in 2023.
- On a YoY basis, Long-Term Deferred Tax climbed as much as 61.84% in 2023 and fell as far as 18.72% in 2023.
- Direct Digital Holdings' Long-Term Deferred Tax stood at $5.2 million in 2022, then climbed by 18.72% to $6.1 million in 2023, then gained by 7.75% to $6.6 million in 2024.
- Business Quant data shows DRCT's Long-Term Deferred Tax at $6.6 million in Q2 2024, $6.3 million in Q1 2024, and $6.1 million in Q4 2023.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | AppLovin | 102.68 Bn | 99.62 Bn | 1.70 Bn |
| 2 | Omnicom | 24.63 Bn | 21.29 Bn | 1.30 Bn |
| 3 | Trade Desk | 6.18 Bn | 4.69 Bn | 530.72 Mn |
| 4 | Wpp | 5.69 Bn | 2.52 Bn | - |
| 5 | Magnite | 3.36 Bn | 3.03 Bn | 130.79 Mn |
| 6 | Stagwell | 2.15 Bn | 2.04 Bn | 269.24 Mn |
| 7 | DoubleVerify Holdings | 2.05 Bn | 1.84 Bn | 161.31 Mn |
| 8 | Ziff Davis | 2.04 Bn | 435.42 Mn | 241.03 Mn |
| 9 | Clear Channel Outdoor Holdings | 1.21 Bn | 1.02 Bn | 241.86 Mn |
| 10 | Direct Digital Holdings | 1.72 Mn | 1.20 Mn | 2.66 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 6.61 Mn |
| Mar 31, 2024 | 6.33 Mn |
| Dec 31, 2023 | 6.13 Mn |
| Sep 30, 2023 | 5.08 Mn |
| Jun 30, 2023 | 5.17 Mn |
| Mar 31, 2023 | 5.24 Mn |
| Dec 31, 2022 | 5.17 Mn |
| Sep 30, 2022 | 3.16 Mn |
| Jun 30, 2022 | 3.20 Mn |