BitVentures (BVC) Tax Provisions (2020 - 2023)
BitVentures' (BVC) quarterly Tax Provisions came in at $6.3 million in Q2 2023, down 32.8% year-over-year from $9.4 million in Q2 2022, and down 32.8% quarter-over-quarter from $9.4 million in Q2 2022.
Analysis
BitVentures (BVC) Tax Provisions (2020 - 2023) Analysis & Trends
BitVentures (BVC) has reported Tax Provisions for 4 consecutive years, with $6.3 million the latest figure, recorded 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 was $6.3 million for Q2 2023 at BitVentures, down from $9.4 million in the prior quarter.
- Over five years, Tax Provisions peaked at $9.4 million in Q2 2022 and troughed at $1.8 million in Q1 2020.
- A 4-year average of $4.7 million and a median of $4.1 million in 2021 frame the typical range for Tax Provisions.
- Across the five-year window, Tax Provisions jumped 153.11% in 2022 and plunged 32.8% in 2023, its largest moves.
- Over 4 years, Tax Provisions stood at $2.3 million in 2020, then surged by 63.56% to $3.7 million in 2021, then soared by 153.11% to $9.4 million in 2022, then plunged by 32.8% to $6.3 million in 2023.
- The last three Tax Provisions figures came in at $6.3 million (Q2 2023), $9.4 million (Q2 2022), and $3.7 million (Q2 2021), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Marsh & Mclennan Companies | 88.77 Bn | 76.82 Bn | 6.04 Bn | 411.00 Mn |
| 2 | Aon | 68.55 Bn | 67.31 Bn | - | 159.00 Mn |
| 3 | Arthur J. Gallagher | 67.32 Bn | 65.96 Bn | - | 90.00 Mn |
| 4 | Willis Towers Watson | 31.09 Bn | 29.51 Bn | 2.09 Bn | 57.00 Mn |
| 5 | Brown & Brown | 23.57 Bn | 22.68 Bn | 1.41 Bn | 94.00 Mn |
| 6 | XChange TEC.INC | 19.63 Bn | 19.63 Bn | - | - |
| 7 | Erie Indemnity | 11.68 Bn | 11.33 Bn | - | 47.78 Mn |
| 8 | Ryan Specialty Holdings | 10.71 Bn | 11.08 Bn | - | 22.35 Mn |
| 9 | Hagerty | 4.65 Bn | 4.78 Bn | 244.11 Mn | -5.81 Mn |
| 10 | BitVentures | 69.23 Mn | 69.23 Mn | - | - |
Historic Data
Download Data
Historic 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 |