Future FinTech (FTFT) Tax Provisions (2010 - 2023)

Future FinTech (FTFT) recorded quarterly Tax Provisions of $10735.0 in Q3 2023, down 70.08% quarter-over-quarter from $35878.0 in Q2 2023, and down 94.67% on a YoY basis from $201437.0 in Q3 2022.

Future FinTech (FTFT) Tax Provisions (2010 - 2023) Analysis & Trends

Future FinTech's Tax Provisions history runs 11 years deep, the most recent figure standing at $10735.0 for Q3 2023.

  • In Q3 2023, Tax Provisions fell 94.67% year-over-year to $10735.0; the TTM figure through Sep 2023 stood at $15707.0 (down 96.94% YoY), while the FY2022 annual figure was $456598.0, up 522.07% from the prior year.
  • Tax Provisions was $10735.0 for Q3 2023 at Future FinTech, down from $35878.0 in the prior quarter.
  • In the past five years, Tax Provisions ranged from a high of $201437.0 in Q3 2022 to a low of -$56580.0 in Q4 2022.
  • Historically, Tax Provisions has averaged $58773.4 across 3 years, with a median of $25674.0 in 2023.
  • Biggest YoY gain for Tax Provisions was 71.02% in 2023; the steepest drop was 94.67% in 2023.
  • A 3-year view of Tax Provisions shows it stood at $1.0 in 2019, then plunged by 5658100.0% to -$56580.0 in 2022, then surged by 118.97% to $10735.0 in 2023.
  • The last three Tax Provisions figures came in at $10735.0 (Q3 2023), $35878.0 (Q2 2023), and $25674.0 (Q1 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn -
2 Full Truck Alliance 166.83 Bn 164.28 Bn - -32.53 Mn
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 194.00 Mn
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn -53.00 Mn
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 614.00 Mn
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 92.44 Mn
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 204.00 Mn
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn 422.00 Mn
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 526.00 Mn
10 Future FinTech 2.28 Mn 2.28 Mn 73,203.00 -

Historic Data

Download Data
DateValue
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