BitVentures (BVC) Tax Provisions (2020 - 2023)

BitVentures' (BVC) quarterly Tax Provisions came in at $6.3 million in Q2 2023, down 32.8% year-on-year from $9.4 million in Q2 2022, and down 32.8% on a QoQ basis from $9.4 million in Q2 2022.

BitVentures (BVC) Tax Provisions (2020 - 2023) Analysis & Trends

BitVentures (BVC) has 4 years of Tax Provisions data on file, last reported at $6.3 million in Q2 2023.

  • On a quarterly basis, Tax Provisions fell 32.8% year-over-year to $6.3 million in Q2 2023; TTM through Jun 2023 was $23.9 million, a 20.48% increase from a year earlier, with the FY2025 full-year figure at $117000.0, changed N/A from the prior year.
  • Tax Provisions for Q2 2023 stood at $6.3 million, down from $9.4 million in the prior quarter.
  • Over the last five years, Tax Provisions for BVC reached as high as $9.4 million in Q2 2022 and fell as low as $1.8 million in Q1 2020.
  • Historically, Tax Provisions has averaged $4.7 million across 4 years, with a median of $4.1 million in 2021.
  • Across the five-year window, Tax Provisions soared 153.11% in 2022 and sank 32.8% in 2023, its largest moves.
  • Year by year, Tax Provisions stood at $2.3 million in 2020, then soared by 63.56% to $3.7 million in 2021, then jumped by 153.11% to $9.4 million in 2022, then plunged by 32.8% to $6.3 million in 2023.
  • Per Business Quant data, the three most recent Tax Provisions figures were $6.3 million in Q2 2023, $9.4 million in Q2 2022, and $3.7 million in Q2 2021.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn -936.60 Mn
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -32.53 Mn
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn -53.00 Mn
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 194.00 Mn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 614.00 Mn
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 140.00 Mn
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 422.00 Mn
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn -1.09 Mn
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 92.44 Mn
10 BitVentures 1.03 Mn 1.03 Mn - -

Historic Data

Download Data
DateValue
Jun 30, 2023 6.34 Mn
Jun 30, 2022 9.44 Mn
Jun 30, 2021 3.73 Mn
Mar 31, 2021 4.39 Mn
Jun 30, 2020 2.28 Mn
Mar 31, 2020 1.85 Mn