KORE Group Holdings (KORGW) Asset Writedowns and Impairment (2020 - 2023)

KORE Group Holdings (KORGW) recorded quarterly Asset Writedowns and Impairment of -$129000.0 in Q1 2023, down 1333.33% quarter-over-quarter from -$9000.0 in Q4 2022, and down 334.55% on a YoY basis from $55000.0 in Q1 2022.

KORE Group Holdings (KORGW) Asset Writedowns and Impairment (2020 - 2023) Analysis & Trends

KORE Group Holdings' Asset Writedowns and Impairment history runs 4 years deep, the most recent figure standing at -$129000.0 for Q1 2023.

  • In Q1 2023, Asset Writedowns and Impairment fell 334.55% year-over-year to -$129000.0; the TTM figure through Mar 2023 stood at $231000.0 (down 41.52% YoY), while the FY2025 annual figure was $600000.0, down 40.0% from the prior year.
  • Asset Writedowns and Impairment was -$129000.0 for Q1 2023 at KORE Group Holdings, down from -$9000.0 in the prior quarter.
  • In the past five years, Asset Writedowns and Impairment ranged from a high of $241000.0 in Q3 2022 to a low of -$248000.0 in Q4 2020.
  • Historically, Asset Writedowns and Impairment has averaged $36000.0 across 4 years, with a median of $42000.0 in 2021.
  • The sharpest annual moves came in 2022 and 2023: Asset Writedowns and Impairment surged 405.56% in 2022, then slumped 334.55% in 2023.
  • A 4-year view of Asset Writedowns and Impairment shows it stood at -$248000.0 in 2020, then soared by 182.66% to $205000.0 in 2021, then sank by 104.39% to -$9000.0 in 2022, then slumped by 1333.33% to -$129000.0 in 2023.
  • The last three Asset Writedowns and Impairment figures came in at -$129000.0 (Q1 2023), -$9000.0 (Q4 2022), and $241000.0 (Q3 2022), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Bce 382.57 Bn 381.58 Bn -
2 T-Mobile US 195.94 Bn 192.42 Bn 17.62 Bn
3 Verizon Communications 190.78 Bn 183.73 Bn 27.94 Bn
4 At&T 159.64 Bn 149.68 Bn 25.25 Bn
5 Telefonica Brasil 146.21 Bn 144.47 Bn 1.32 Bn
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 - - 39.12 Mn

Historic Data

Download Data
DateValue
Mar 31, 2023 -129,000.00
Mar 31, 2023 -129,000.00
Dec 31, 2022 -9,000.00
Dec 31, 2022 -9,000.00
Sep 30, 2022 241,000.00
Sep 30, 2022 241,000.00
Jun 30, 2022 128,000.00
Jun 30, 2022 128,000.00
Mar 31, 2022 55,000.00
Mar 31, 2022 55,000.00
Dec 31, 2021 205,000.00
Dec 31, 2021 205,000.00
Sep 30, 2021 106,000.00
Sep 30, 2021 106,000.00
Jun 30, 2021 29,000.00
Jun 30, 2021 29,000.00
Mar 31, 2021 -18,000.00
Mar 31, 2021 -18,000.00
Dec 31, 2020 -248,000.00
Dec 31, 2020 -248,000.00