Sphere Entertainment (SPHR) Amortizatization of Intangibles (2021 - 2023)

Sphere Entertainment (SPHR) has reported Amortizatization of Intangibles for 3 consecutive years, with $3.1 million the latest figure, recorded in Q2 2023.

• For the quarter ending Q2 2023, Amortizatization of Intangibles fell 57.08% year-over-year to $3.1 million; the trailing twelve-month figure through Jun 2023 stood at $26.8 million (up 0.52% YoY), and the FY2023 full-year result was $26.8 million, up 0.52% from the prior year.
• Amortizatization of Intangibles fell to $3.1 million in Q2 2023 per SPHR's latest filing, from $8.3 million in the prior quarter.
• Across five years, Amortizatization of Intangibles topped out at $8.3 million in Q1 2023 and bottomed at $3.1 million in Q2 2023.
• Historically, Amortizatization of Intangibles has averaged $6.7 million across 3 years, with a median of $7.1 million in 2022.
• The sharpest annual moves came in 2022 and 2023: Amortizatization of Intangibles grew 28.27% in 2022, then slumped 57.08% in 2023.
• Over 3 years, Amortizatization of Intangibles stood at $6.0 million in 2021, then rose by 28.27% to $7.6 million in 2022, then sank by 59.44% to $3.1 million in 2023.
• According to Business Quant data, Amortizatization of Intangibles over the past three periods registered $3.1 million, $8.3 million, and $7.6 million for Q2 2023, Q1 2023, and Q4 2022 respectively.