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
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