KORE Group Holdings (KORE) Deferred Taxes (2020 - 2024)
KORE Group Holdings (KORE) posted quarterly Deferred Taxes of -$1.4 million for Q1 2024, up 30.14% year-over-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.
- 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 for Q1 2024 stood at -$1.4 million, up from -$2.0 million in the prior quarter.
- The five-year high for Deferred Taxes was -$1.4 million in Q1 2021, with the low 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.
- The sharpest annual moves came in 2022 and 2023: Deferred Taxes plunged 238.04% in 2022, then jumped 39.5% in 2023.
- KORE Group Holdings' Deferred Taxes stood at -$1.7 million in 2020, then tumbled by 30.89% to -$2.2 million in 2021, then slumped by 238.04% to -$7.6 million in 2022, then soared by 73.78% to -$2.0 million in 2023, then jumped by 30.14% to -$1.4 million in 2024.
- Business Quant data shows KORE's Deferred Taxes at -$1.4 million in Q1 2024, -$2.0 million in Q1 2023, and -$7.6 million in Q4 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 205.36 Bn | 203.61 Bn | 27.03 Bn | 730.00 Mn |
| 2 | T-Mobile US | 196.43 Bn | 193.61 Bn | 17.74 Bn | 893.00 Mn |
| 3 | Grupo Televisa, S.A.B | 190.22 Bn | 188.51 Bn | 318.12 Mn | - |
| 4 | At&T | 174.94 Bn | 157.37 Bn | 25.25 Bn | - |
| 5 | Chunghwa Telecom | 33.60 Bn | 31.03 Bn | 728.80 Mn | - |
| 6 | EchoStar | 25.24 Bn | 23.74 Bn | 1.65 Bn | 1.32 Bn |
| 7 | Bce | 22.16 Bn | 22.16 Bn | - | - |
| 8 | Rogers Communications | 19.61 Bn | 18.36 Bn | 1.77 Bn | 106.99 Mn |
| 9 | Telefonica Brasil | 18.11 Bn | 18.11 Bn | 1.32 Bn | - |
| 10 | KORE Group Holdings | 162.68 Mn | 133.76 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 |