KORE Group Holdings (KORE) Asset Writedowns and Impairment (2020 - 2023)
KORE Group Holdings' (KORE) quarterly Asset Writedowns and Impairment came in at -$129000.0 in Q1 2023, down 334.55% year-on-year from $55000.0 in Q1 2022, and down 1333.33% quarter-over-quarter from -$9000.0 in Q4 2022.
KORE Group Holdings (KORE) Asset Writedowns and Impairment (2020 - 2023) Analysis & Trends
KORE Group Holdings' Asset Writedowns and Impairment history runs 4 years deep, the most recent figure standing at -$129000.0 for Q1 2023.
- On a quarterly basis, Asset Writedowns and Impairment fell 334.55% year-over-year to -$129000.0 in Q1 2023; TTM through Mar 2023 was $231000.0, a 41.52% decrease from a year earlier, with the FY2025 full-year figure at $2.0 million, up 95.53% from the prior year.
- Asset Writedowns and Impairment fell to -$129000.0 in Q1 2023 per KORE's latest filing, from -$9000.0 in the prior quarter.
- Across five years, Asset Writedowns and Impairment topped out at $241000.0 in Q3 2022 and bottomed at -$888000.0 in Q4 2020.
- The 4-year median for Asset Writedowns and Impairment is $42000.0 (2021), against an average of -$28000.0.
- Across the five-year window, Asset Writedowns and Impairment jumped 405.56% in 2022 and slumped 334.55% in 2023, its largest moves.
- Year by year, Asset Writedowns and Impairment stood at -$888000.0 in 2020, then jumped by 123.09% to $205000.0 in 2021, then tumbled by 104.39% to -$9000.0 in 2022, then plunged by 1333.33% to -$129000.0 in 2023.
- Per Business Quant, the three latest KORE Asset Writedowns and Impairment figures stand at -$129000.0 (Q1 2023), -$9000.0 (Q4 2022), and $241000.0 (Q3 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | America Movil Sab De Cv | 1,543.97 Bn | 1,543.97 Bn | 7.08 Bn |
| 2 | Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk | 1,427.96 Bn | -8,564.04 Bn | - |
| 3 | Grupo Televisa, S.A.B | 958.85 Bn | 957.15 Bn | 317.18 Mn |
| 4 | Chunghwa Telecom | 334.17 Bn | 331.99 Bn | 719.92 Mn |
| 5 | Verizon Communications | 198.41 Bn | 190.05 Bn | 29.14 Bn |
| 6 | T-Mobile US | 192.12 Bn | 189.29 Bn | 17.74 Bn |
| 7 | At&T | 169.04 Bn | 151.47 Bn | 25.25 Bn |
| 8 | Veon | 90.84 Bn | 90.84 Bn | - |
| 9 | Tim | 50.18 Bn | 50.03 Bn | 677.20 Mn |
| 10 | KORE Group Holdings | 173.71 Mn | 144.81 Mn | 39.12 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2023 | -129,000.00 |
| Mar 31, 2023 | -129,000.00 |
| Dec 31, 2022 | -9,000.00 |
| Dec 31, 2022 | -9,000.00 |
| Sep 30, 2022 | 241,000.00 |
| Sep 30, 2022 | 241,000.00 |
| Jun 30, 2022 | 128,000.00 |
| Jun 30, 2022 | 128,000.00 |
| Mar 31, 2022 | 55,000.00 |
| Mar 31, 2022 | 55,000.00 |
| Dec 31, 2021 | 205,000.00 |
| Dec 31, 2021 | 205,000.00 |
| Sep 30, 2021 | 106,000.00 |
| Sep 30, 2021 | 106,000.00 |
| Jun 30, 2021 | 29,000.00 |
| Jun 30, 2021 | 29,000.00 |
| Mar 31, 2021 | -18,000.00 |
| Mar 31, 2021 | -18,000.00 |
| Dec 31, 2020 | -888,000.00 |
| Dec 31, 2020 | -888,000.00 |