Discontinued — last reported Q3 '23
Corpay Brazil — Other non-cash operating expense, net increased by 15.6% to $61.05M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 36.8%, from $44.65M to $61.05M. This increase may warrant attention — for this metric, lower values are generally preferred.
A significant increase may signal rising non-cash costs such as equity-based compensation or asset write-downs, which could impact reported profitability.
Captures net non-cash operating expenses specific to the Brazil segment, excluding standard depreciation and amortizatio...
Comparable to segment-level non-cash expense disclosures in GAAP financial reporting.
cpay_segment_brazil_other_non_cash_operating_expense_net| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|---|
| Value | $33.33M | $39.94M | $48.77M | $37.33M | $41.62M | $44.65M | $54.82M | $52.80M | $61.05M |
| QoQ Change | — | +19.8% | +22.1% | -23.5% | +11.5% | +7.3% | +22.8% | -3.7% | +15.6% |
| YoY Change | — | — | — | — | +24.9% | +11.8% | +46.9% | +26.9% | +36.8% |