BTC Digital (BTCT) Tax Provisions (2018 - 2021)
BTC Digital's (BTCT) quarterly Tax Provisions came in at $278000.0 in Q2 2021, up 168.64% YoY from $103483.5 in Q2 2020, and up 135.96% on a QoQ basis from -$773000.0 in Q1 2021.
BTC Digital (BTCT) Tax Provisions (2018 - 2021) Analysis & Trends
BTC Digital (BTCT) has 4 years of Tax Provisions data on file, last reported at $278000.0 in Q2 2021.
- Quarterly Tax Provisions rose 168.64% year-over-year to $278000.0 in Q2 2021, while the trailing twelve-month figure through Jun 2021 was -$1.3 million (up 56.89% YoY) and the FY2022 annual result came in at -$1.6 million, up 48.57% from the prior year.
- Tax Provisions climbed to $278000.0 in Q2 2021, from -$773000.0 in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $1.2 million in Q1 2019 to a low of -$1.7 million in Q3 2020.
- A 4-year average of -$266677.8 and a median of -$113509.8 in 2018 frame the typical range for Tax Provisions.
- Annual changes were most pronounced in 2019 — Tax Provisions tumbled 643.91% — and 2021, when it surged 168.64%.
- Tracing BTCT's Tax Provisions over 4 years: stood at -$183245.7 in 2018, then plunged by 643.91% to -$1.4 million in 2019, then jumped by 163.35% 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 | 278.57 Bn | 266.99 Bn | 7.78 Bn | 510.00 Mn |
| 2 | Arista Networks | 232.75 Bn | 220.40 Bn | 1.68 Bn | 248.50 Mn |
| 3 | Sandisk | 190.63 Bn | 186.89 Bn | 4.66 Bn | 492.00 Mn |
| 4 | Seagate Technology Holdings | 186.50 Bn | 185.35 Bn | 1.45 Bn | 116.00 Mn |
| 5 | Western Digital | 184.00 Bn | 180.76 Bn | 1.68 Bn | 154.00 Mn |
| 6 | Everpure | 26.61 Bn | 25.11 Bn | 723.33 Mn | 9.79 Mn |
| 7 | Hp | 24.78 Bn | 21.08 Bn | 3.02 Bn | 43.00 Mn |
| 8 | Super Micro Computer | 17.22 Bn | 15.93 Bn | 1.02 Bn | 126.89 Mn |
| 9 | Logitech International | 16.90 Bn | 15.15 Bn | 607.94 Mn | 39.90 Mn |
| 10 | BTC Digital | 28.15 Mn | 24.36 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 | -1.36 Mn |
| Sep 30, 2019 | -1.57 Mn |
| Jun 30, 2019 | 111,944.08 |
| Mar 31, 2019 | 1.18 Mn |
| Dec 31, 2018 | -183,245.69 |