Porch Group, Inc. Annual Amortization of Intangible Assets in USD from 2019 to 2023

Taxonomy & unit
us-gaap: USD
Description
The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method.
Summary
Porch Group, Inc. quarterly/annual Amortization of Intangible Assets history and growth rate from 2019 to 2023.
  • Porch Group, Inc. Amortization of Intangible Assets for the quarter ending September 30, 2024 was $4.5M, a 8.16% decline year-over-year.
  • Porch Group, Inc. Amortization of Intangible Assets for the twelve months ending September 30, 2024 was $18.6M, a 7% decline year-over-year.
  • Porch Group, Inc. annual Amortization of Intangible Assets for 2023 was $19.4M, a 18.5% decline from 2022.
  • Porch Group, Inc. annual Amortization of Intangible Assets for 2022 was $23.8M, a 93.5% increase from 2021.
  • Porch Group, Inc. annual Amortization of Intangible Assets for 2021 was $12.3M, a 324% increase from 2020.
Amortization of Intangible Assets, Trailing 12 Months (USD)
Amortization of Intangible Assets, Annual (USD)
Amortization of Intangible Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $19.4M -$4.4M -18.5% Jan 1, 2023 Dec 31, 2023 10-K 2024-03-15
2022 $23.8M +$11.5M +93.5% Jan 1, 2022 Dec 31, 2022 10-K 2024-03-15
2021 $12.3M +$9.4M +324% Jan 1, 2021 Dec 31, 2021 10-K 2024-03-15
2020 $2.9M -$800K -21.6% Jan 1, 2020 Dec 31, 2020 10-K 2023-03-16
2019 $3.7M Jan 1, 2019 Dec 31, 2019 10-K 2022-03-16
* An asterisk sign (*) next to the value indicates that the value is likely invalid.