Direct Digital Holdings (DRCT) Long-Term Deferred Tax (2022 - 2024)

Direct Digital Holdings (DRCT) reported 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 3 years of Long-Term Deferred Tax data on file, last reported at $6.6 million in Q2 2024.

  • Long-Term Deferred Tax for Q2 2024 came in at $6.6 million, up 27.77% year-over-year; the trailing twelve-month figure through Jun 2024 was $6.6 million (up 27.77% YoY), and the FY2023 annual result was $6.1 million, up 18.72% from the prior year.
  • Long-Term Deferred Tax climbed to $6.6 million in Q2 2024 per DRCT's latest filing, from $6.3 million in the prior quarter.
  • Over five years, Long-Term Deferred Tax peaked at $6.6 million in Q2 2024 and troughed at $3.2 million in Q3 2022.
  • A 3-year average of $5.1 million and a median of $5.2 million in 2023 frame the typical range for Long-Term Deferred Tax.
  • 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.
  • A 3-year view of Long-Term Deferred Tax shows it stood at $5.2 million in 2022, then advanced by 18.72% to $6.1 million in 2023, then rose 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 AppLovin 175.91 Bn 173.15 Bn 1.78 Bn
2 Omnicom 22.52 Bn 18.86 Bn 1.04 Bn
3 Trade Desk 9.46 Bn 8.05 Bn 506.89 Mn
4 Wpp 2.71 Bn -875.81 Mn -
5 Nexxen International 2.36 Bn 2.23 Bn 70.41 Mn
6 Magnite 2.27 Bn 2.09 Bn 118.28 Mn
7 Ziff Davis 1.74 Bn 1.22 Bn 152.41 Mn
8 DoubleVerify Holdings 1.69 Bn 1.51 Bn 135.23 Mn
9 Stagwell 1.60 Bn 1.51 Bn 244.61 Mn
10 Direct Digital Holdings 1.60 Mn -4.36 Mn 2.26 Mn

Historic Data

Download Data
DateValue
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