Direct Digital Holdings (DRCT) Tax Provisions (2021 - 2024)
Direct Digital Holdings' (DRCT) quarterly Tax Provisions came in at $6.6 million in Q3 2024, up 3879.52% year-on-year from $166000.0 in Q4 2023, and up 2510.95% on a QoQ basis from -$274000.0 in Q2 2024.
Direct Digital Holdings (DRCT) Tax Provisions (2021 - 2024) Analysis & Trends
Direct Digital Holdings (DRCT) has 4 years of Tax Provisions data on file, last reported at $6.6 million in Q3 2024.
- On a quarterly basis, Tax Provisions rose 3879.52% year-over-year to $6.6 million in Q3 2024; TTM through Jun 2025 was $6.6 million, a 6927.66% increase from a year earlier, with the FY2024 full-year figure at $6.1 million, up 979.58% from the prior year.
- Tax Provisions for Q3 2024 stood at $6.6 million, up from -$274000.0 in the prior quarter.
- Over the last five years, Tax Provisions for DRCT reached as high as $6.6 million in Q3 2024 and fell as low as -$274000.0 in Q2 2024.
- Historically, Tax Provisions has averaged $576259.3 across 4 years, with a median of $64000.0 in 2021.
- Across the five-year window, Tax Provisions soared 14528.25% in 2022 and plunged 470.27% in 2024, its largest moves.
- Year by year, Tax Provisions stood at -$54878.0 in 2021, then soared by 334.04% to $128436.0 in 2022, then soared by 213.0% to $402000.0 in 2023, then soared by 1543.28% to $6.6 million in 2024.
- Per Business Quant data, the three most recent Tax Provisions figures were $6.6 million in Q3 2024, -$274000.0 in Q2 2024, and -$200000.0 in Q1 2024.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | AppLovin | 134.57 Bn | 131.82 Bn | 1.64 Bn | 225.80 Mn |
| 2 | Wpp | 26.03 Bn | 22.66 Bn | - | -462.90 Mn |
| 3 | Omnicom | 22.21 Bn | 18.26 Bn | 1.04 Bn | 154.60 Mn |
| 4 | Trade Desk | 7.97 Bn | 6.56 Bn | 506.89 Mn | 38.96 Mn |
| 5 | Magnite | 2.57 Bn | 2.39 Bn | 103.96 Mn | -700,000.00 |
| 6 | Ziff Davis | 1.94 Bn | 1.42 Bn | 223.32 Mn | 2.64 Mn |
| 7 | Stagwell | 1.76 Bn | 1.66 Bn | 244.61 Mn | -2.89 Mn |
| 8 | DoubleVerify Holdings | 1.67 Bn | 1.50 Bn | 147.67 Mn | 7.82 Mn |
| 9 | Clear Channel Outdoor Holdings | 1.20 Bn | 1.03 Bn | 193.76 Mn | -8.83 Mn |
| 10 | Direct Digital Holdings | 201,739.99 | -5.75 Mn | 2.26 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 6.61 Mn |
| Jun 30, 2024 | -274,000.00 |
| Mar 31, 2024 | -200,000.00 |
| Dec 31, 2023 | 402,000.00 |
| Sep 30, 2023 | 166,000.00 |
| Jun 30, 2023 | 74,000.00 |
| Mar 31, 2023 | -74,000.00 |
| Sep 30, 2022 | 128,436.00 |
| Jun 30, 2022 | 86,676.00 |
| Dec 31, 2021 | -54,878.00 |
| Sep 30, 2021 | 878.00 |
| Jun 30, 2021 | 54,000.00 |