Direct Digital Holdings (DRCT) Tax Provisions (2021 - 2024)
Direct Digital Holdings (DRCT) reported Tax Provisions of $6.6 million for Q3 2024, up 3879.52% year-over-year from $166000.0 in Q4 2023, and up 2510.95% quarter-over-quarter 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.
- Tax Provisions for Q3 2024 came in at $6.6 million, up 3879.52% year-over-year; the trailing twelve-month figure through Jun 2025 was $6.6 million (up 6927.66% YoY), and the FY2024 annual result was $6.1 million, up 979.58% from the prior year.
- Tax Provisions climbed to $6.6 million in Q3 2024 per DRCT's latest filing, from -$274000.0 in the prior quarter.
- Over five years, Tax Provisions peaked at $6.6 million in Q3 2024 and troughed at -$274000.0 in Q2 2024.
- A 4-year average of $576259.3 and a median of $64000.0 in 2021 frame the typical range for Tax Provisions.
- The sharpest annual moves came in 2022 and 2024: Tax Provisions surged 14528.25% in 2022, then slumped 470.27% in 2024.
- A 4-year view of Tax Provisions shows it 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.
- Business Quant data shows DRCT's Tax Provisions at $6.6 million in Q3 2024, -$274000.0 in Q2 2024, and -$200000.0 in Q1 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | AppLovin | 175.91 Bn | 173.15 Bn | 1.78 Bn | 225.80 Mn |
| 2 | Omnicom | 22.52 Bn | 18.86 Bn | 1.04 Bn | 154.60 Mn |
| 3 | Trade Desk | 9.46 Bn | 8.05 Bn | 506.89 Mn | 38.96 Mn |
| 4 | Wpp | 2.71 Bn | -875.81 Mn | - | -462.90 Mn |
| 5 | Nexxen International | 2.36 Bn | 2.23 Bn | 70.41 Mn | 100,000.00 |
| 6 | Magnite | 2.27 Bn | 2.09 Bn | 118.28 Mn | -681,000.00 |
| 7 | Ziff Davis | 1.74 Bn | 1.22 Bn | 152.41 Mn | 2.64 Mn |
| 8 | DoubleVerify Holdings | 1.69 Bn | 1.51 Bn | 135.23 Mn | 7.82 Mn |
| 9 | Stagwell | 1.60 Bn | 1.51 Bn | 244.61 Mn | -2.90 Mn |
| 10 | Direct Digital Holdings | 1.60 Mn | -4.36 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 |