Future FinTech (FTFT) Tax Provisions (2010 - 2023)
Future FinTech (FTFT) posted Tax Provisions of $10,735 for Q3 2023, down 94.7% from $201,437 a year earlier and down 70.1% from the prior quarter.
Future FinTech (FTFT) Tax Provisions (2010 - 2023) Analysis & Trends
For the trailing twelve months through Sep 30, 2023, Tax Provisions at Future FinTech was $15,707, down 96.9% year-over-year; for FY2022, it was $456,598, up 522.1% from FY2021.
- Annual Tax Provisions shows a five-year compound annual growth rate of 11.4% (FY2017 to FY2022).
- In prior years, Future FinTech's Tax Provisions was $73,400 in FY2021 and $237.00 in FY2018 (-99.9%).
- Quarterly Tax Provisions has run from a low of -$56,580 in Q4 2022 to a high of $201,437 in Q3 2022 over five years.
- On a year-over-year basis, Tax Provisions has declined in each of the last three quarters.
- According to Business Quant data, Tax Provisions for the three prior quarters was $35,878 (Q2 2023), $25,674 (Q1 2023) and -$56,580 (Q4 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.90 Bn | 29.58 Bn | - | 52.00 Mn |
| 2 | Orix | 42.96 Bn | 43.46 Bn | - | 787.89 Mn |
| 3 | Royalty Pharma | 33.48 Bn | 33.39 Bn | - | - |
| 4 | Federal National Mortgage Association Fannie Mae | 23.94 Bn | 23.94 Bn | - | 1.01 Bn |
| 5 | Affirm Holdings | 23.37 Bn | 17.06 Bn | - | -1.45 Bn |
| 6 | Synchrony Financial | 23.31 Bn | -44.66 Bn | - | 301.00 Mn |
| 7 | Royal Gold | 20.23 Bn | 19.45 Bn | 390.45 Mn | 58.24 Mn |
| 8 | Annaly Capital Management | 15.24 Bn | 6.34 Bn | - | 6.90 Mn |
| 9 | Ares Capital | 13.90 Bn | 11.34 Bn | - | 8.00 Mn |
| 10 | Future FinTech | 1.44 Mn | -11.12 Mn | 193,832.00 | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 10,735.00 |
| Jun 30, 2023 | 35,878.00 |
| Mar 31, 2023 | 25,674.00 |
| Dec 31, 2022 | -56,580.00 |
| Sep 30, 2022 | 201,437.00 |
| Jun 30, 2022 | 123,788.00 |
| Mar 31, 2022 | 187,953.00 |
| Sep 30, 2019 | 1.00 |
| Jun 30, 2019 | 75.00 |
| Dec 31, 2017 | 7,860.00 |
| Sep 30, 2017 | -1,825.00 |
| Jun 30, 2017 | 198,663.00 |
| Mar 31, 2017 | 61,422.00 |
| Dec 31, 2016 | 717,685.00 |
| Sep 30, 2016 | 250,453.00 |
| Jun 30, 2016 | 633,829.00 |
| Dec 31, 2015 | 2.47 Mn |
| Sep 30, 2015 | 159,661.00 |
| Jun 30, 2015 | 1.07 Mn |
| Mar 31, 2015 | 562,569.00 |
Future FinTech Tax Provisions API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-provisions&ticker=FTFT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "ticker": "FTFT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-provisions&ticker=FTFT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();