Veritone (VERI) Amortization - Intangibles (2019 - 2024)
Veritone (VERI) posted quarterly Amortization - Intangibles of $6.0 million for Q3 2024, down 6.65% year-over-year from $6.5 million in Q4 2023, and up 0.58% quarter-over-quarter from $6.0 million in Q2 2024.
Veritone (VERI) Amortization - Intangibles (2019 - 2024) Analysis & Trends
Veritone (VERI) has reported Amortization - Intangibles for 6 consecutive years, with $6.0 million the latest figure, recorded in Q3 2024.
- In Q3 2024, Amortization - Intangibles fell 6.65% year-over-year to $6.0 million; the TTM figure through Sep 2024 stood at $24.6 million (up 6.89% YoY), while the FY2023 annual figure was $23.7 million, up 11.97% from the prior year.
- Amortization - Intangibles advanced to $6.0 million in Q3 2024 per VERI's latest filing, from $6.0 million in the prior quarter.
- Across five years, Amortization - Intangibles topped out at $6.6 million in Q4 2023 and bottomed at $1.1 million in Q1 2021.
- Historically, Amortization - Intangibles has averaged $4.1 million across 5 years, with a median of $5.2 million in 2022.
- Annual changes were most pronounced in 2021 — Amortization - Intangibles decreased 20.03% — and 2022, when it jumped 382.95%.
- Veritone's Amortization - Intangibles stood at $1.3 million in 2020, then jumped by 274.96% to $5.0 million in 2021, then gained by 8.31% to $5.4 million in 2022, then gained by 21.61% to $6.6 million in 2023, then fell by 9.1% to $6.0 million in 2024.
- Business Quant data shows VERI's Amortization - Intangibles at $6.0 million in Q3 2024, $6.0 million in Q2 2024, and $6.0 million in Q1 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn |
| 10 | Veritone | 93.56 Mn | 81.14 Mn | 15.46 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 6.03 Mn |
| Jun 30, 2024 | 5.99 Mn |
| Mar 31, 2024 | 5.99 Mn |
| Dec 31, 2023 | 6.63 Mn |
| Sep 30, 2023 | 6.45 Mn |
| Jun 30, 2023 | 5.71 Mn |
| Mar 31, 2023 | 5.43 Mn |
| Dec 31, 2022 | 5.45 Mn |
| Sep 30, 2022 | 5.50 Mn |
| Jun 30, 2022 | 5.21 Mn |
| Mar 31, 2022 | 5.02 Mn |
| Dec 31, 2021 | 5.03 Mn |
| Sep 30, 2021 | 1.68 Mn |
| Jun 30, 2021 | 1.08 Mn |
| Mar 31, 2021 | 1.08 Mn |
| Dec 31, 2020 | 1.34 Mn |
| Sep 30, 2020 | 1.35 Mn |
| Jun 30, 2020 | 1.35 Mn |
| Mar 31, 2020 | 1.35 Mn |
| Dec 31, 2019 | 1.35 Mn |