GIFT (Giftify) Accumulated Depreciation : $-1.64 Mil (As of Mar. 2025)

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What is Giftify Accumulated Depreciation?

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

Giftify's quarterly accumulated depreciation increased from Sep. 2024 ($-0.94 Mil) to Dec. 2024 ($-1.47 Mil) and increased from Dec. 2024 ($-1.47 Mil) to Mar. 2025 ($-1.64 Mil).

Giftify's annual accumulated depreciation declined from Dec. 2022 ($-7.12 Mil) to Dec. 2023 ($0.00 Mil) but then increased from Dec. 2023 ($0.00 Mil) to Dec. 2024 ($-1.47 Mil).

Giftify Accumulated Depreciation Historical Data

The historical data trend for Giftify's Accumulated Depreciation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Giftify Accumulated Depreciation Chart

Giftify Annual Data

Trend

Aug04

Aug05

May16

May17

May18

Dec19

Dec21

Dec22

Dec23

Dec24

Accumulated Depreciation

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-7.12

-1.47

Giftify Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Accumulated Depreciation	Get a 7-Day Free Trial															-	-0.68	-0.94	-1.47	-1.64

Giftify Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

Giftify Accumulated Depreciation Related Terms

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Giftify Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Giftify Inc (NAS:GIFT) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

N/A

Address

1100 Woodfield Road, Suite 510, Schaumberg, IL, USA, 60173

Website

https://www.giftifyinc.com

Giftify Inc through its wholly-owned subsidiary, has been in the business of connecting digital consumers, businesses and communities with dining and merchant deal options throughout the United States. The company connects digital consumers, businesses, and communities offering dining and merchant deal options nationwide restaurants, and retailers to customers. The Company buys merchant gift cards from the general public and distributors at a discount and then resells them at a markup.