BTC Digital (BTCT) Tax Provisions (2018 - 2021)

BTC Digital (BTCT) posted Tax Provisions of $278000.0 for Q2 2021, up 135.96% quarter-over-quarter from -$773000.0 in Q1 2021, and up 168.64% year-on-year from $103483.5 in Q2 2020.

BTC Digital (BTCT) Tax Provisions (2018 - 2021) Analysis & Trends

BTC Digital (BTCT) has reported Tax Provisions for 4 consecutive years, with $278000.0 the latest figure, recorded in Q2 2021.

  • Tax Provisions for Q2 2021 came in at $278000.0, up 168.64% year-over-year; the trailing twelve-month figure through Jun 2021 was -$1.3 million (up 33.82% YoY), and the FY2021 annual result was -$3.2 million, down 457.26% from the prior year.
  • Tax Provisions was $278000.0 for Q2 2021 at BTC Digital, up from -$773000.0 in the prior quarter.
  • Over five years, Tax Provisions peaked at $1.2 million in Q1 2019 and troughed at -$1.7 million in Q3 2020.
  • Average Tax Provisions over 4 years is -$180225.1, with a median of -$113509.8 recorded in 2018.
  • The widest YoY moves for Tax Provisions: up 365.09% in 2020, down 461.79% in 2020.
  • Over 4 years, Tax Provisions stood at -$183245.7 in 2018, then slumped by 77.77% to -$325758.2 in 2019, then surged by 365.09% to $863562.3 in 2020, then slumped by 67.81% to $278000.0 in 2021.
  • Per Business Quant data, the three most recent Tax Provisions figures were $278000.0 in Q2 2021, -$773000.0 in Q1 2021, and $863562.3 in Q4 2020.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Sandisk 300.77 Bn 297.03 Bn 4.66 Bn 492.00 Mn
2 Dell Technologies 276.28 Bn 264.70 Bn 7.78 Bn 510.00 Mn
3 Arista Networks 209.63 Bn 197.28 Bn 1.68 Bn 248.50 Mn
4 Western Digital 204.64 Bn 201.41 Bn 1.68 Bn 154.00 Mn
5 Seagate Technology Holdings 202.26 Bn 201.11 Bn 1.45 Bn 116.00 Mn
6 Everpure 25.55 Bn 24.23 Bn 723.33 Mn 9.79 Mn
7 Hp 20.30 Bn 16.60 Bn 3.02 Bn 43.00 Mn
8 Super Micro Computer 16.60 Bn 15.31 Bn 1.02 Bn 126.90 Mn
9 Logitech International 13.89 Bn 12.15 Bn 483.28 Mn 6.39 Mn
10 BTC Digital 7.81 Mn 4.02 Mn - -

Historic Data

Download Data
DateValue
Jun 30, 2021 278,000.00
Mar 31, 2021 -773,000.00
Dec 31, 2020 863,562.33
Sep 30, 2020 -1.65 Mn
Aug 31, 2020 -43,773.90
Jun 30, 2020 -405,000.00
Mar 31, 2020 360,000.00
Dec 31, 2019 -325,758.25
Sep 30, 2019 -1.57 Mn
Jun 30, 2019 111,944.08
Mar 31, 2019 1.18 Mn
Dec 31, 2018 -183,245.69