Veritone (VERI) Amortization - Intangibles (2019 - 2024)
Veritone (VERI) posted quarterly Amortization - Intangibles of $6.0 million for Q3 2024, down 6.65% YoY from $6.5 million in Q4 2023, and up 0.58% sequentially from $6.0 million in Q2 2024.
Veritone (VERI) Amortization - Intangibles (2019 - 2024) Analysis & Trends
Veritone has disclosed Amortization - Intangibles across 6 years of filings, most recently posting $6.0 million for 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 grew to $6.0 million in Q3 2024, from $6.0 million in the prior quarter.
- Over the last five years, Amortization - Intangibles for VERI reached as high as $6.6 million in Q4 2023 and fell as low as $1.1 million in Q1 2021.
- The 5-year median for Amortization - Intangibles is $5.2 million (2022), against an average of $4.1 million.
- Annual changes were most pronounced in 2021 — Amortization - Intangibles decreased 20.03% — and 2022, when it jumped 382.95%.
- A 5-year view of Amortization - Intangibles shows it stood at $1.3 million in 2020, then soared by 274.96% to $5.0 million in 2021, then rose by 8.31% to $5.4 million in 2022, then rose by 21.61% to $6.6 million in 2023, then declined by 9.1% to $6.0 million in 2024.
- According to Business Quant data, Amortization - Intangibles over the past three periods registered $6.0 million, $6.0 million, and $6.0 million for Q3 2024, Q2 2024, and Q1 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn |
| 10 | Veritone | 91.18 Mn | 63.75 Mn | 12.92 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 |