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| 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 |