KORE Group Holdings (KORE) Change in Accured Expenses (2020 - 2024)
KORE Group Holdings (KORE) posted quarterly Change in Accured Expenses of $4.4 million for Q1 2024, down 20.63% year-over-year from $5.6 million in Q2 2023, and down 20.63% quarter-over-quarter from $5.6 million in Q1 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 for Q1 2024 stood at $4.4 million, down from $5.6 million in the prior quarter.
- The five-year high for Change in Accured Expenses was $7.3 million in Q2 2021, with the low at -$13.6 million in Q1 2021.
- The 5-year median for Change in Accured Expenses is $3.9 million (2021), against an average of $419909.1.
- The sharpest annual moves came in 2021 and 2023: Change in Accured Expenses plunged 221.56% in 2021, then surged 165.67% in 2023.
- KORE Group Holdings' Change in Accured Expenses stood at $5.0 million in 2020, then slumped by 221.56% to -$6.1 million in 2021, then surged by 122.56% to $1.4 million in 2022, then soared by 309.15% to $5.6 million in 2023, then slipped by 20.63% to $4.4 million in 2024.
- Business Quant data shows KORE's Change in Accured Expenses at $4.4 million in Q1 2024, $5.6 million in Q1 2023, and $1.4 million in Q4 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Accured Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 205.80 Bn | 204.04 Bn | 27.03 Bn | - |
| 2 | T-Mobile US | 197.90 Bn | 195.07 Bn | 17.74 Bn | -265.00 Mn |
| 3 | Grupo Televisa, S.A.B | 195.16 Bn | 193.45 Bn | 318.12 Mn | - |
| 4 | At&T | 175.88 Bn | 158.31 Bn | 25.25 Bn | 205.00 Mn |
| 5 | Chunghwa Telecom | 33.61 Bn | 31.03 Bn | 728.80 Mn | - |
| 6 | EchoStar | 25.20 Bn | 23.70 Bn | 1.65 Bn | - |
| 7 | Bce | 22.12 Bn | 22.12 Bn | - | - |
| 8 | Rogers Communications | 19.59 Bn | 18.35 Bn | 1.77 Bn | - |
| 9 | Telefonica Brasil | 18.39 Bn | 18.39 Bn | 1.32 Bn | 36.68 Mn |
| 10 | KORE Group Holdings | 162.68 Mn | 133.76 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 |