KORE Group Holdings (KORE) Asset Writedowns and Impairment (2020 - 2023)

KORE Group Holdings (KORE) has reported Asset Writedowns and Impairment for 4 consecutive years, with -$129000.0 the latest figure, recorded in Q1 2023.

• In Q1 2023, Asset Writedowns and Impairment fell 334.55% year-over-year to -$129000.0; the TTM figure through Mar 2023 stood at $231000.0 (down 41.52% YoY), while the FY2025 annual figure was $600000.0, down 40.0% from the prior year.
• Asset Writedowns and Impairment came in at -$129000.0 for Q1 2023 at KORE Group Holdings, down from -$9000.0 in the prior quarter.
• The five-year high for Asset Writedowns and Impairment was $241000.0 in Q3 2022, with the low at -$248000.0 in Q4 2020.
• Average Asset Writedowns and Impairment over 4 years is $36000.0, with a median of $42000.0 recorded in 2021.
• Across the five-year window, Asset Writedowns and Impairment surged 405.56% in 2022 and tumbled 334.55% in 2023, its largest moves.
• Year by year, Asset Writedowns and Impairment stood at -$248000.0 in 2020, then soared by 182.66% to $205000.0 in 2021, then slumped by 104.39% to -$9000.0 in 2022, then tumbled by 1333.33% to -$129000.0 in 2023.
• According to Business Quant data, Asset Writedowns and Impairment over the past three periods registered -$129000.0, -$9000.0, and $241000.0 for Q1 2023, Q4 2022, and Q3 2022 respectively.