KORE Group Holdings (KORGW) Deferred Taxes (2020 - 2024)

KORE Group Holdings (KORGW) recorded quarterly Deferred Taxes of -$1.4 million in Q1 2024, up 30.14% quarter-over-quarter from -$2.0 million in Q1 2023, and up 30.14% on a YoY basis from -$1.1 million in Q2 2023.

KORE Group Holdings (KORGW) 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 was -$1.4 million for Q1 2024 at KORE Group Holdings, up from -$2.0 million in the prior quarter.
  • In the past five years, Deferred Taxes ranged from a high of -$1.4 million in Q1 2021 to a low of -$7.6 million in Q4 2022.
  • Historically, Deferred Taxes has averaged -$3.0 million across 5 years, with a median of -$2.9 million in 2021.
  • The sharpest annual moves came in 2022 and 2023: Deferred Taxes sank 238.04% in 2022, then surged 39.5% in 2023.
  • A 5-year view of Deferred Taxes shows it stood at -$1.7 million in 2020, then plunged by 30.89% to -$2.2 million in 2021, then tumbled 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.
  • The last three Deferred Taxes figures came in at -$1.4 million (Q1 2024), -$2.0 million (Q1 2023), and -$7.6 million (Q4 2022), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Deferred Taxes (Qtr)
1 Bce 382.57 Bn 381.58 Bn - -
2 T-Mobile US 195.94 Bn 192.42 Bn 17.62 Bn 682.00 Mn
3 Verizon Communications 190.78 Bn 183.73 Bn 27.94 Bn 703.00 Mn
4 At&T 159.64 Bn 149.68 Bn 25.25 Bn -
5 Telefonica Brasil 146.21 Bn 144.47 Bn 1.32 Bn 313.30 Mn
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, 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