Discontinued — last reported Q2 '24
Products & Services · Amortization expense
Software as a Service — Amortization expense
ResMed Software as a Service — Amortization expense remained flat by 0.0% to $6.86M in Q2 2024 compared to the prior quarter. Year-over-year, this metric grew by 9.5%, from $6.26M to $6.86M. Over 3 years (FY 2021 to FY 2024), Software as a Service — Amortization expense shows a downward trend with a -12.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ3 2020
Last reportedQ2 2024
Rolls up toD&A
How to read this metric
High amortization relative to revenue may indicate a reliance on acquired technology rather than internal R&D.
Detailed definition
This metric captures the systematic expensing of capitalized software development costs or acquired intangible assets wi...
Peer comparison
Standard metric for software-heavy businesses that capitalize development costs.
Metric ID:
rmd_segment_software_as_a_service_amortization_expenseHistorical Data
4 years
| FY'21 | FY'22 | FY'23 | FY'24 | |
|---|---|---|---|---|
| Value | $40.23M | $35.55M | $25.06M | $27.45M |
| YoY Change | — | -11.6% | -29.5% | +9.5% |
Range$25.06M – $40.23M
CAGR-12.0%
Avg YoY Growth-10.5%
Median YoY Growth-11.6%
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Frequently Asked Questions
- What is ResMed's software as a service — amortization expense?
- ResMed (RMD) reported software as a service — amortization expense of $6.86M in Q2 2024.
- How has ResMed's software as a service — amortization expense changed year-over-year?
- ResMed's software as a service — amortization expense increased by 9.5% year-over-year, from $6.26M to $6.86M.
- What is the long-term trend for ResMed's software as a service — amortization expense?
- Over 3 years (2021 to 2024), ResMed's software as a service — amortization expense has grown at a -12.0% compound annual growth rate (CAGR), from $40.23M to $27.45M.
- What does software as a service — amortization expense mean?
- The non-cash expense related to the gradual write-down of software and intangible assets.