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
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 -2.09 Mn