Item 9 Labs (INLB) Interest Expenses (2016 - 2023)
Item 9 Labs' Interest Expenses history spans 12 years, with the latest figure at $3.0 million for Q2 2023.
- For Q2 2023, Interest Expenses rose 81.55% year-over-year to $3.0 million; the TTM value through Jun 2023 reached $9.2 million, up 23.97%, while the annual FY2022 figure was $6.4 million, 21.14% up from the prior year.
- Interest Expenses reached $3.0 million in Q2 2023 per INLB's latest filing, up from $2.1 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $4.1 million in Q3 2020 to a low of $811.0 in Q1 2019.
- Average Interest Expenses over 5 years is $1.4 million, with a median of $1.2 million recorded in 2021.
- Peak YoY movement for Interest Expenses: surged 96569.75% in 2019, then tumbled 53.81% in 2021.
- A 5-year view of Interest Expenses shows it stood at $773358.0 in 2019, then dropped by 8.4% to $708367.0 in 2020, then skyrocketed by 70.87% to $1.2 million in 2021, then surged by 37.3% to $1.7 million in 2022, then soared by 77.54% to $3.0 million in 2023.
- Per Business Quant, the three most recent readings for INLB's Interest Expenses are $3.0 million (Q2 2023), $2.1 million (Q1 2023), and $1.7 million (Q4 2022).