KORE Group Holdings (KORGW) Change in Accured Expenses (2020 - 2024)

KORE Group Holdings (KORGW) posted quarterly Change in Accured Expenses of $4.4 million for Q1 2024, down 20.63% year-over-year from $5.6 million in Q2 2023, and down 20.63% on a QoQ basis from $5.6 million in Q1 2023.

KORE Group Holdings (KORGW) Change in Accured Expenses (2020 - 2024) Analysis & Trends

KORE Group Holdings (KORGW) has reported Change in Accured Expenses for 5 consecutive years, with $4.4 million the latest figure, recorded in Q1 2024.

  • In Q1 2024, Change in Accured Expenses fell 20.63% year-over-year to $4.4 million; the TTM figure through Mar 2024 stood at $10.6 million (down 12.83% YoY), while the FY2025 annual figure was $24.1 million, up 13.36% from the prior year.
  • Change in Accured Expenses came in at $4.4 million for Q1 2024 at KORE Group Holdings, down from $5.6 million in the prior quarter.
  • The five-year high for Change in Accured Expenses was $7.3 million in Q2 2021, with the low at -$13.6 million in Q1 2021.
  • Average Change in Accured Expenses over 5 years is $419909.1, with a median of $3.9 million recorded in 2021.
  • Across the five-year window, Change in Accured Expenses slumped 221.56% in 2021 and soared 165.67% in 2023, its largest moves.
  • Year by year, Change in Accured Expenses stood at $5.0 million in 2020, then plunged by 221.56% to -$6.1 million in 2021, then soared by 122.56% to $1.4 million in 2022, then jumped by 309.15% to $5.6 million in 2023, then retreated by 20.63% to $4.4 million in 2024.
  • According to Business Quant data, Change in Accured Expenses over the past three periods registered $4.4 million, $5.6 million, and $1.4 million for Q1 2024, Q1 2023, and Q4 2022 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Accured Expenses (Qtr)
1 Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk 1,360.11 Bn 465.10 Bn - -
2 T-Mobile US 190.40 Bn 186.88 Bn 17.62 Bn -109.00 Mn
3 Verizon Communications 176.65 Bn 169.60 Bn 27.94 Bn -
4 At&T 143.78 Bn 133.82 Bn 25.25 Bn -2.77 Bn
5 Telecom Argentina 27.29 Bn -708.89 Bn - -
6 Charter Communications 17.55 Bn 21.72 Bn - 169.00 Mn
7 Millicom International Cellular 15.13 Bn 13.99 Bn - -
8 Globalstar 10.40 Bn 10.04 Bn 46.63 Mn 1.41 Mn
9 Sify Technologies 7.22 Bn 7.17 Bn 54.72 Mn -
10 KORE Group Holdings - - 39.12 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2024 4.44 Mn
Mar 31, 2024 4.44 Mn
Mar 31, 2023 5.59 Mn
Mar 31, 2023 5.59 Mn
Dec 31, 2022 1.37 Mn
Dec 31, 2022 1.37 Mn
Sep 30, 2022 -816,000.00
Sep 30, 2022 -816,000.00
Jun 30, 2022 5.99 Mn
Jun 30, 2022 5.99 Mn
Mar 31, 2022 -8.51 Mn
Mar 31, 2022 -8.51 Mn
Dec 31, 2021 -6.06 Mn
Dec 31, 2021 -6.06 Mn
Sep 30, 2021 3.91 Mn
Sep 30, 2021 3.91 Mn
Jun 30, 2021 7.29 Mn
Jun 30, 2021 7.29 Mn
Mar 31, 2021 -13.56 Mn
Mar 31, 2021 -13.56 Mn