Datasea Intelligent Technology (DTSS) Long-Term Deferred Tax (2015 - 2023)

Datasea Intelligent Technology (DTSS) has reported Long-Term Deferred Tax for 6 consecutive years, with $4.3 million the latest figure, recorded in Q4 2023.

• For the quarter ending Q4 2023, Long-Term Deferred Tax rose 3.72% year-over-year to $4.3 million; the trailing twelve-month figure through Dec 2023 stood at $4.3 million (up 3.72% YoY), and the FY2023 full-year result was $4.6 million, up 23.38% from the prior year.
• Long-Term Deferred Tax improved to $4.3 million in Q4 2023 per DTSS's latest filing, from $4.1 million in the prior quarter.
• Across five years, Long-Term Deferred Tax topped out at $4.6 million in Q2 2023 and bottomed at $1.2 million in Q2 2020.
• Historically, Long-Term Deferred Tax has averaged $3.2 million across 4 years, with a median of $3.7 million in 2022.
• The sharpest annual moves came in 2021 and 2023: Long-Term Deferred Tax jumped 76.85% in 2021, then increased 3.72% in 2023.
• Over 4 years, Long-Term Deferred Tax stood at $1.2 million in 2020, then soared by 162.39% to $3.1 million in 2021, then surged by 31.54% to $4.1 million in 2022, then increased by 3.72% to $4.3 million in 2023.
• According to Business Quant data, Long-Term Deferred Tax over the past three periods registered $4.3 million, $4.1 million, and $4.6 million for Q4 2023, Q3 2023, and Q2 2023 respectively.