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

KORE Group Holdings (KORGW) has reported Deferred Taxes for 5 consecutive years, with -$1.4 million the latest figure, recorded in 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 came in at -$1.4 million for Q1 2024 at KORE Group Holdings, 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.
• Average Deferred Taxes over 5 years is -$3.0 million, with a median of -$2.9 million recorded in 2021.
• Across the five-year window, Deferred Taxes slumped 238.04% in 2022 and surged 39.5% in 2023, its largest moves.
• Year by year, Deferred Taxes stood at -$1.7 million in 2020, then sank by 30.89% to -$2.2 million in 2021, then plunged 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.
• According to Business Quant data, Deferred Taxes over the past three periods registered -$1.4 million, -$2.0 million, and -$7.6 million for Q1 2024, Q1 2023, and Q4 2022 respectively.