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| Date | Value |
|---|---|
| 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 |