UTime (WTO) Accumulated Expenses (2020 - 2024)
UTime (WTO) recorded quarterly Accumulated Expenses of $1.5 million in Q1 2024, down 12.59% quarter-over-quarter from $1.7 million in Q1 2023, and down 12.59% on a YoY basis from $1.7 million in Q2 2023.
UTime (WTO) Accumulated Expenses (2020 - 2024) Analysis & Trends
UTime's Accumulated Expenses history runs 5 years deep, the most recent figure standing at $1.5 million for Q1 2024.
- In Q1 2024, Accumulated Expenses fell 12.59% year-over-year to $1.5 million; the TTM figure through Mar 2024 stood at $1.5 million (down 12.59% YoY), while the FY2024 annual figure was $9.0 million, up 13.08% from the prior year.
- Accumulated Expenses was $1.5 million for Q1 2024 at UTime, down from $1.7 million in the prior quarter.
- In the past five years, Accumulated Expenses ranged from a high of $9.3 million in Q1 2021 to a low of $1.5 million in Q1 2024.
- Historically, Accumulated Expenses has averaged $4.9 million across 5 years, with a median of $5.0 million in 2020.
- The sharpest annual moves came in 2021 and 2023: Accumulated Expenses surged 85.31% in 2021, then tumbled 75.09% in 2023.
- A 5-year view of Accumulated Expenses shows it stood at $5.0 million in 2020, then soared by 85.31% to $9.3 million in 2021, then slipped by 24.96% to $7.0 million in 2022, then tumbled by 75.09% to $1.7 million in 2023, then dropped by 12.59% to $1.5 million in 2024.
- The last three Accumulated Expenses figures came in at $1.5 million (Q1 2024), $1.7 million (Q1 2023), and $7.0 million (Q1 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Apple | 4,512.87 Bn | 4,444.36 Bn | 54.78 Bn |
| 2 | Sonos | 1.81 Bn | 1.56 Bn | 124.65 Mn |
| 3 | Zepp Health | 1.57 Bn | 1.46 Bn | 34.42 Mn |
| 4 | Vuzix | 282.84 Mn | 261.69 Mn | 375,000.00 |
| 5 | Turtle Beach | 243.92 Mn | 231.60 Mn | 11.29 Mn |
| 6 | Sony | 123.02 Mn | -18.93 Bn | 5.96 Bn |
| 7 | UTime | 102.01 Mn | 101.28 Mn | - |
| 8 | Axil Brands | 46.07 Mn | 40.55 Mn | 5.04 Mn |
| 9 | Koss | 37.68 Mn | 18.82 Mn | 1.00 Mn |
| 10 | Foxx Development Holdings | 34.85 Mn | 31.66 Mn | -1.45 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 1.51 Mn |
| Mar 31, 2023 | 1.73 Mn |
| Mar 31, 2022 | 6.96 Mn |
| Mar 31, 2021 | 9.27 Mn |
| Mar 31, 2020 | 5.00 Mn |