Direct Digital Holdings (DRCT) Long-Term Deferred Tax (2022 - 2024)
Direct Digital Holdings' (DRCT) quarterly Long-Term Deferred Tax came in at $6.6 million in Q2 2024, up 27.77% year-on-year from $5.2 million in Q3 2023, and up 4.34% on a QoQ basis from $6.3 million in Q1 2024.
Direct Digital Holdings (DRCT) Long-Term Deferred Tax (2022 - 2024) Analysis & Trends
Direct Digital Holdings (DRCT) has 3 years of Long-Term Deferred Tax data on file, last reported at $6.6 million in Q2 2024.
- On a quarterly basis, Long-Term Deferred Tax rose 27.77% year-over-year to $6.6 million in Q2 2024; TTM through Jun 2024 was $6.6 million, a 27.77% increase from a year earlier, with the FY2023 full-year figure at $6.1 million, up 18.72% from the prior year.
- Long-Term Deferred Tax for Q2 2024 stood at $6.6 million, up from $6.3 million in the prior quarter.
- Over the last five years, Long-Term Deferred Tax for DRCT reached as high as $6.6 million in Q2 2024 and fell as low as $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.
- Year by year, Long-Term Deferred Tax stood at $5.2 million in 2022, then increased by 18.72% to $6.1 million in 2023, then climbed by 7.75% to $6.6 million in 2024.
- Per Business Quant data, the three most recent Long-Term Deferred Tax figures were $6.6 million in Q2 2024, $6.3 million in Q1 2024, and $6.1 million in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 |
| 6 | Ziff Davis | 1.94 Bn | 1.42 Bn | 223.32 Mn |
| 7 | Stagwell | 1.76 Bn | 1.66 Bn | 244.61 Mn |
| 8 | DoubleVerify Holdings | 1.67 Bn | 1.50 Bn | 147.67 Mn |
| 9 | Clear Channel Outdoor Holdings | 1.20 Bn | 1.03 Bn | 193.76 Mn |
| 10 | Direct Digital Holdings | 201,739.99 | -5.75 Mn | 2.26 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 |