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| Date | Value |
|---|---|
| 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 |