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% on a QoQ basis from $5.6 million in Q1 2023.
KORE Group Holdings (KORE) Change in Accured Expenses (2020 - 2024) Analysis & Trends
KORE Group Holdings (KORE) has reported Change in Accured Expenses for 5 consecutive years, with $4.4 million the latest figure, recorded in 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 came in at $4.4 million for Q1 2024 at KORE Group Holdings, 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.
- Average Change in Accured Expenses over 5 years is $419909.1, with a median of $3.9 million recorded in 2021.
- Across the five-year window, Change in Accured Expenses slumped 221.56% in 2021 and soared 165.67% in 2023, its largest moves.
- Year by year, Change in Accured Expenses stood at $5.0 million in 2020, then plunged 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 retreated by 20.63% to $4.4 million in 2024.
- According to Business Quant data, Change in Accured Expenses over the past three periods registered $4.4 million, $5.6 million, and $1.4 million for Q1 2024, Q1 2023, and Q4 2022 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Accured Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk | 1,360.11 Bn | 465.10 Bn | - | - |
| 2 | T-Mobile US | 190.40 Bn | 186.88 Bn | 17.62 Bn | -109.00 Mn |
| 3 | Verizon Communications | 176.65 Bn | 169.60 Bn | 27.94 Bn | - |
| 4 | At&T | 143.78 Bn | 133.82 Bn | 25.25 Bn | -2.77 Bn |
| 5 | Telecom Argentina | 27.29 Bn | -708.89 Bn | - | - |
| 6 | Charter Communications | 17.55 Bn | 21.72 Bn | - | 169.00 Mn |
| 7 | Millicom International Cellular | 15.13 Bn | 13.99 Bn | - | - |
| 8 | Globalstar | 10.40 Bn | 10.04 Bn | 46.63 Mn | 1.41 Mn |
| 9 | Sify Technologies | 7.22 Bn | 7.17 Bn | 54.72 Mn | - |
| 10 | KORE Group Holdings | 184.90 Mn | 156.00 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 |