KORE Group Holdings (KORE) Deferred Taxes (2020 - 2024)
KORE Group Holdings' (KORE) quarterly Deferred Taxes came in at -$1.4 million in Q1 2024, up 30.14% year-on-year from -$1.1 million in Q2 2023, and up 30.14% quarter-over-quarter from -$2.0 million in Q1 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.
- On a quarterly basis, Deferred Taxes rose 30.14% year-over-year to -$1.4 million in Q1 2024; TTM through Mar 2024 was -$14.2 million, a 14.57% increase from a year earlier, with the FY2025 full-year figure at -$2.8 million, up 72.63% from the prior year.
- Deferred Taxes advanced to -$1.4 million in Q1 2024 per KORE's latest filing, from -$2.0 million in the prior quarter.
- Across five years, Deferred Taxes topped out at -$1.4 million in Q1 2021 and bottomed at -$7.6 million in Q4 2022.
- The 5-year median for Deferred Taxes is -$2.9 million (2021), against an average of -$3.0 million.
- Across the five-year window, Deferred Taxes sank 238.04% in 2022 and jumped 39.5% in 2023, its largest moves.
- Year by year, Deferred Taxes stood at -$1.7 million in 2020, then slumped by 30.89% to -$2.2 million in 2021, then sank 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.
- Per Business Quant, the three latest KORE Deferred Taxes figures stand at -$1.4 million (Q1 2024), -$2.0 million (Q1 2023), and -$7.6 million (Q4 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (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 | 703.00 Mn |
| 6 | T-Mobile US | 192.12 Bn | 189.29 Bn | 17.74 Bn | 893.00 Mn |
| 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, 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 |