Focus Universal (FCUV) Tax Provisions (2015 - 2022)
Focus Universal (FCUV) posted Tax Provisions of -$1.0 million for Q4 2022, down 53.67% on a QoQ basis from -$673266.0 in Q4 2021, and down 53.67% year-over-year from -$2.2 million in Q4 2021.
Analysis
Focus Universal (FCUV) Tax Provisions (2015 - 2022) Analysis & Trends
Focus Universal has reported Tax Provisions for 8 years, with the latest figure at -$1.0 million in Q4 2022.
- On a quarterly basis, Tax Provisions fell 53.67% year-over-year to -$1.0 million in Q4 2022; TTM through Sep 2023 was -$1.0 million, a 53.67% decrease from a year earlier, with the FY2022 full-year figure at -$1.0 million, down 53.67% from the prior year.
- Tax Provisions was -$1.0 million for Q4 2022 at Focus Universal, down from -$673266.0 in the prior quarter.
- The five-year high for Tax Provisions was -$425179.0 in Q4 2018, with the low at -$1.0 million in Q4 2022.
- Average Tax Provisions over 5 years is -$666539.8, with a median of -$666864.0 recorded in 2019.
- The sharpest annual moves came in 2018 and 2020: Tax Provisions tumbled 401012.26% in 2018, then increased 20.1% in 2020.
- Over 5 years, Tax Provisions stood at -$425179.0 in 2018, then plunged by 56.84% to -$666864.0 in 2019, then climbed by 20.1% to -$532794.0 in 2020, then retreated by 26.37% to -$673266.0 in 2021, then slumped by 53.67% to -$1.0 million in 2022.
- The last three Tax Provisions figures came in at -$1.0 million (Q4 2022), -$673266.0 (Q4 2021), and -$532794.0 (Q4 2020), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | 3M | 85.28 Bn | 81.95 Bn | 2.68 Bn | 183.00 Mn |
| 2 | Illinois Tool Works | 75.67 Bn | 74.83 Bn | 1.90 Bn | 265.00 Mn |
| 3 | Ametek | 54.19 Bn | 53.69 Bn | 735.04 Mn | 85.48 Mn |
| 4 | Rockwell Automation | 47.43 Bn | 46.95 Bn | 1.14 Bn | 62.00 Mn |
| 5 | Mettler Toledo International | 26.01 Bn | 25.96 Bn | 650.22 Mn | 56.50 Mn |
| 6 | Dover | 25.81 Bn | 24.05 Bn | 880.61 Mn | 75.15 Mn |
| 7 | Nordson | 17.47 Bn | 17.36 Bn | 453.73 Mn | 33.09 Mn |
| 8 | Fortive | 17.01 Bn | 16.64 Bn | 695.30 Mn | 22.20 Mn |
| 9 | RBC Bearings | 15.36 Bn | 15.24 Bn | 247.80 Mn | 28.70 Mn |
| 10 | Focus Universal | 3.16 Mn | 1.51 Mn | 657,943.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2022 | -1.03 Mn |
| Dec 31, 2021 | -673,266.00 |
| Dec 31, 2020 | -532,794.00 |
| Dec 31, 2019 | -666,864.00 |
| Dec 31, 2018 | -425,179.00 |
| Dec 31, 2017 | -106.00 |
| Jun 30, 2017 | 800.00 |
| Dec 31, 2016 | -1,105.00 |
| Sep 30, 2016 | 800.00 |
| Sep 30, 2015 | 800.00 |