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| 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 |