KORE Group Holdings (KORE) Deferred Taxes (2020 - 2024)
KORE Group Holdings (KORE) recorded quarterly Deferred Taxes of -$1.4 million in Q1 2024, up 30.14% quarter-over-quarter from -$2.0 million in Q1 2023, and up 30.14% on a YoY basis from -$1.1 million in Q2 2023.
KORE Group Holdings (KORE) Deferred Taxes (2020 - 2024) Analysis & Trends
KORE Group Holdings' Deferred Taxes history runs 5 years deep, the most recent figure standing at -$1.4 million for Q1 2024.
- In Q1 2024, Deferred Taxes rose 30.14% year-over-year to -$1.4 million; the TTM figure through Mar 2024 stood at -$14.2 million (up 14.57% YoY), while the FY2025 annual figure was -$2.8 million, up 72.63% from the prior year.
- Deferred Taxes was -$1.4 million for Q1 2024 at KORE Group Holdings, up from -$2.0 million in the prior quarter.
- In the past five years, Deferred Taxes ranged from a high of -$1.4 million in Q1 2021 to a low of -$7.6 million in Q4 2022.
- Historically, Deferred Taxes has averaged -$3.0 million across 5 years, with a median of -$2.9 million in 2021.
- The sharpest annual moves came in 2022 and 2023: Deferred Taxes sank 238.04% in 2022, then surged 39.5% in 2023.
- A 5-year view of Deferred Taxes shows it stood at -$1.7 million in 2020, then plunged by 30.89% to -$2.2 million in 2021, then tumbled by 238.04% to -$7.6 million in 2022, then jumped by 73.78% to -$2.0 million in 2023, then surged by 30.14% to -$1.4 million in 2024.
- The last three Deferred Taxes figures came in at -$1.4 million (Q1 2024), -$2.0 million (Q1 2023), and -$7.6 million (Q4 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Bce | 382.57 Bn | 381.58 Bn | - | - |
| 2 | T-Mobile US | 195.94 Bn | 192.42 Bn | 17.62 Bn | 682.00 Mn |
| 3 | Verizon Communications | 190.78 Bn | 183.73 Bn | 27.94 Bn | 703.00 Mn |
| 4 | At&T | 159.64 Bn | 149.68 Bn | 25.25 Bn | - |
| 5 | Telefonica Brasil | 146.21 Bn | 144.47 Bn | 1.32 Bn | 313.30 Mn |
| 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 | - |
| 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 | -1.39 Mn |
| Mar 31, 2023 | -1.99 Mn |
| Dec 31, 2022 | -7.61 Mn |
| Sep 30, 2022 | -3.21 Mn |
| Jun 30, 2022 | -3.82 Mn |
| Mar 31, 2022 | -3.30 Mn |
| Dec 31, 2021 | -2.25 Mn |
| Sep 30, 2021 | -3.89 Mn |
| Jun 30, 2021 | -2.94 Mn |
| Mar 31, 2021 | -1.39 Mn |
| Sep 30, 2020 | -1.72 Mn |