Keel Infrastructure (KEEL) Change in Intangibles (2022 - 2025)

Keel Infrastructure (KEEL) has reported Change in Intangibles for 4 consecutive years, with $21.6 million the latest figure, recorded in Q3 2025.

• In Q3 2025, Change in Intangibles fell 80.58% year-over-year to $21.6 million; the TTM figure through Sep 2025 stood at $273.9 million (up 13.88% YoY), while the FY2024 annual figure was $152.1 million, up 17.65% from the prior year.
• Change in Intangibles slipped to $21.6 million in Q3 2025 per KEEL's latest filing, from $100.5 million in the prior quarter.
• Across five years, Change in Intangibles topped out at $138.0 million in Q4 2022 and bottomed at -$49.3 million in Q2 2024.
• Historically, Change in Intangibles has averaged $55.1 million across 4 years, with a median of $45.2 million in 2024.
• Annual changes were most pronounced in 2023 — Change in Intangibles slumped 99.77% — and 2024, when it jumped 528614.29%.
• Keel Infrastructure's Change in Intangibles stood at $138.0 million in 2022, then dropped by 6.32% to $129.3 million in 2023, then slumped by 68.38% to $40.9 million in 2024, then sank by 47.25% to $21.6 million in 2025.
• Business Quant data shows KEEL's Change in Intangibles at $21.6 million in Q3 2025, $100.5 million in Q2 2025, and $40.9 million in Q4 2024.