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
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 -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