BTC Digital (BTCT) Tax Provisions (2018 - 2021)
BTC Digital (BTCT) reported Tax Provisions of $278000.0 for Q2 2021, up 168.64% on a YoY basis from $103483.5 in Q2 2020, and up 135.96% quarter-over-quarter from -$773000.0 in Q1 2021.
BTC Digital (BTCT) Tax Provisions (2018 - 2021) Analysis & Trends
BTC Digital has reported Tax Provisions for 4 years, with the latest figure at $278000.0 in Q2 2021.
- For the quarter ending Q2 2021, Tax Provisions rose 168.64% year-over-year to $278000.0; the trailing twelve-month figure through Jun 2021 stood at -$1.3 million (up 33.82% YoY), and the FY2021 full-year result was -$3.2 million, down 457.26% from the prior year.
- Tax Provisions for Q2 2021 stood at $278000.0, up from -$773000.0 in the prior quarter.
- The five-year high for Tax Provisions was $1.2 million in Q1 2019, with the low at -$2.1 million in Q4 2018.
- Historically, Tax Provisions has averaged -$339161.0 across 4 years, with a median of -$184766.1 in 2019.
- The largest YoY upside for Tax Provisions was 365.09% in 2020 against a maximum downside of 461.79% in 2020.
- BTC Digital's Tax Provisions stood at -$2.1 million in 2018, then surged by 84.42% to -$325758.2 in 2019, then surged by 365.09% to $863562.3 in 2020, then tumbled by 67.81% to $278000.0 in 2021.
- The last three Tax Provisions figures came in at $278000.0 (Q2 2021), -$773000.0 (Q1 2021), and $863562.3 (Q4 2020), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 266.21 Bn | 254.69 Bn | 6.73 Bn | 540.00 Mn |
| 2 | Sandisk | 230.78 Bn | 227.04 Bn | 4.66 Bn | 492.00 Mn |
| 3 | Arista Networks | 194.03 Bn | 181.67 Bn | 1.68 Bn | 248.50 Mn |
| 4 | Seagate Technology Holdings | 183.90 Bn | 182.75 Bn | 1.45 Bn | 116.00 Mn |
| 5 | Western Digital | 175.01 Bn | 171.77 Bn | 1.68 Bn | 154.00 Mn |
| 6 | Super Micro Computer | 24.90 Bn | 23.61 Bn | 1.02 Bn | 126.90 Mn |
| 7 | Everpure | 23.71 Bn | 22.70 Bn | 740.09 Mn | 7.27 Mn |
| 8 | Hp | 23.64 Bn | 19.93 Bn | 3.02 Bn | 43.00 Mn |
| 9 | IonQ | 20.37 Bn | 18.35 Bn | 15.41 Mn | -6.38 Mn |
| 10 | BTC Digital | 8.88 Mn | 5.09 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | -2.09 Mn |