Cineverse (CNVS) Long-Term Deferred Tax (2020 - 2022)

Cineverse (CNVS) has reported Long-Term Deferred Tax for 3 consecutive years, with $33.3 million the latest figure, recorded in Q1 2022.

• For the quarter ending Q1 2022, Long-Term Deferred Tax rose 6.23% year-over-year to $33.3 million; the trailing twelve-month figure through Mar 2022 stood at $33.3 million (up 6.23% YoY), and the FY2022 full-year result was $33.3 million, up 6.23% from the prior year.
• Long-Term Deferred Tax improved to $33.3 million in Q1 2022 per CNVS's latest filing, from $31.4 million in the prior quarter.
• Across five years, Long-Term Deferred Tax topped out at $33.3 million in Q1 2022 and bottomed at $22.3 million in Q1 2020.
• Historically, Long-Term Deferred Tax has averaged $29.0 million across 3 years, with a median of $31.4 million in 2021.
• The sharpest annual moves came in 2021 and 2022: Long-Term Deferred Tax surged 41.04% in 2021, then increased 6.23% in 2022.
• Over 3 years, Long-Term Deferred Tax stood at $22.3 million in 2020, then soared by 41.04% to $31.4 million in 2021, then grew by 6.23% to $33.3 million in 2022.
• According to Business Quant data, Long-Term Deferred Tax over the past three periods registered $33.3 million, $31.4 million, and $22.3 million for Q1 2022, Q1 2021, and Q1 2020 respectively.