Discontinued — last reported Q3 '23
APi Group Corporate and Eliminations — Net revenues increased by 77.8% to -$2.00M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 77.8%, from -$9.00M to -$2.00M.
An increase in negative eliminations suggests higher intercompany activity, while a decrease indicates more streamlined external revenue reporting.
This metric represents the net revenue adjustments required to reconcile individual segment results to the consolidated...
Common in diversified firms with multiple subsidiaries; peers often report this as 'Intersegment Eliminations'.
apg_segment_corporate_and_eliminations_net_revenues| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$10.00M | -$13.00M | -$17.00M | -$15.00M | -$15.00M | -$9.00M | -$8.00M | -$7.00M | -$9.00M | -$2.00M |
| QoQ Change | — | -30.0% | -30.8% | +11.8% | +0.0% | +40.0% | +11.1% | +12.5% | -28.6% | +77.8% |
| YoY Change | — | — | — | — | -50.0% | +30.8% | +52.9% | +53.3% | +40.0% | +77.8% |