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
DateValue
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