KORE Group Holdings (KORE) Change in Accured Expenses (2020 - 2024)
KORE Group Holdings (KORE) recorded quarterly Change in Accured Expenses of $4.4 million in Q1 2024, down 20.63% quarter-over-quarter from $5.6 million in Q1 2023, and down 20.63% on a YoY basis from $5.6 million in Q2 2023.
KORE Group Holdings (KORE) Change in Accured Expenses (2020 - 2024) Analysis & Trends
KORE Group Holdings' Change in Accured Expenses history runs 5 years deep, the most recent figure standing at $4.4 million for Q1 2024.
- In Q1 2024, Change in Accured Expenses fell 20.63% year-over-year to $4.4 million; the TTM figure through Mar 2024 stood at $10.6 million (down 12.83% YoY), while the FY2025 annual figure was $24.1 million, up 13.36% from the prior year.
- Change in Accured Expenses was $4.4 million for Q1 2024 at KORE Group Holdings, down from $5.6 million in the prior quarter.
- In the past five years, Change in Accured Expenses ranged from a high of $7.3 million in Q2 2021 to a low of -$13.6 million in Q1 2021.
- Historically, Change in Accured Expenses has averaged $419909.1 across 5 years, with a median of $3.9 million in 2021.
- The sharpest annual moves came in 2021 and 2023: Change in Accured Expenses sank 221.56% in 2021, then soared 165.67% in 2023.
- A 5-year view of Change in Accured Expenses shows it stood at $5.0 million in 2020, then tumbled by 221.56% to -$6.1 million in 2021, then soared by 122.56% to $1.4 million in 2022, then jumped by 309.15% to $5.6 million in 2023, then dropped by 20.63% to $4.4 million in 2024.
- The last three Change in Accured Expenses figures came in at $4.4 million (Q1 2024), $5.6 million (Q1 2023), and $1.4 million (Q4 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Accured Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Bce | 382.57 Bn | 381.58 Bn | - | - |
| 2 | T-Mobile US | 195.94 Bn | 192.42 Bn | 17.62 Bn | -109.00 Mn |
| 3 | Verizon Communications | 190.78 Bn | 183.73 Bn | 27.94 Bn | - |
| 4 | At&T | 159.64 Bn | 149.68 Bn | 25.25 Bn | -2.77 Bn |
| 5 | Telefonica Brasil | 146.21 Bn | 144.47 Bn | 1.32 Bn | - |
| 6 | America Movil Sab De Cv | 128.31 Bn | 126.27 Bn | 10.13 Bn | - |
| 7 | Chunghwa Telecom | 109.39 Bn | 107.21 Bn | 719.92 Mn | 824.45 Mn |
| 8 | Millicom International Cellular | 106.22 Bn | 104.67 Bn | - | - |
| 9 | Veon | 82.81 Bn | 80.59 Bn | - | - |
| 10 | KORE Group Holdings | 183.51 Mn | 154.61 Mn | 39.12 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 4.44 Mn |
| Mar 31, 2024 | 4.44 Mn |
| Mar 31, 2023 | 5.59 Mn |
| Mar 31, 2023 | 5.59 Mn |
| Dec 31, 2022 | 1.37 Mn |
| Dec 31, 2022 | 1.37 Mn |
| Sep 30, 2022 | -816,000.00 |
| Sep 30, 2022 | -816,000.00 |
| Jun 30, 2022 | 5.99 Mn |
| Jun 30, 2022 | 5.99 Mn |
| Mar 31, 2022 | -8.51 Mn |
| Mar 31, 2022 | -8.51 Mn |
| Dec 31, 2021 | -6.06 Mn |
| Dec 31, 2021 | -6.06 Mn |
| Sep 30, 2021 | 3.91 Mn |
| Sep 30, 2021 | 3.91 Mn |
| Jun 30, 2021 | 7.29 Mn |
| Jun 30, 2021 | 7.29 Mn |
| Mar 31, 2021 | -13.56 Mn |
| Mar 31, 2021 | -13.56 Mn |