Flywheel Advanced Technology (FWFW) Tax Provisions (2022 - 2024)
Flywheel Advanced Technology (FWFW) posted Tax Provisions of -$66932.0 for Q1 2024, down 273.17% on a QoQ basis from $38651.0 in Q4 2023, and down 173.28% year-over-year from $91336.0 in Q2 2023.
Analysis
Flywheel Advanced Technology (FWFW) Tax Provisions (2022 - 2024) Analysis & Trends
Flywheel Advanced Technology has reported Tax Provisions for 3 years, with the latest figure at -$66932.0 in Q1 2024.
- On a quarterly basis, Tax Provisions fell 173.28% year-over-year to -$66932.0 in Q1 2024; TTM through Mar 2024 was $274006.0, a 1537.07% increase from a year earlier, with the FY2023 full-year figure at $277736.0, changed N/A from the prior year.
- Tax Provisions was -$66932.0 for Q1 2024 at Flywheel Advanced Technology, down from $38651.0 in the prior quarter.
- The five-year high for Tax Provisions was $328007.0 in Q3 2023, with the low at -$66932.0 in Q1 2024.
- Average Tax Provisions over 3 years is $42489.8, with a median of -$9533.5 recorded in 2022.
- The sharpest annual moves came in 2023 and 2024: Tax Provisions jumped 612.46% in 2023, then sank 173.28% in 2024.
- Over 3 years, Tax Provisions stood at $5425.0 in 2022, then surged by 612.46% to $38651.0 in 2023, then slumped by 273.17% to -$66932.0 in 2024.
- The last three Tax Provisions figures came in at -$66932.0 (Q1 2024), $38651.0 (Q4 2023), and $328007.0 (Q3 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Td Synnex | 21.36 Bn | 20.27 Bn | 1.34 Bn | 95.85 Mn |
| 2 | Cdw | 19.57 Bn | 19.21 Bn | 1.32 Bn | 99.00 Mn |
| 3 | Arrow Electronics | 11.66 Bn | 11.42 Bn | 1.13 Bn | 80.31 Mn |
| 4 | Avnet | 8.15 Bn | 7.99 Bn | 865.03 Mn | 33.58 Mn |
| 5 | Ingram Micro Holding | 6.36 Bn | 5.55 Bn | 958.68 Mn | 46.68 Mn |
| 6 | Insight Enterprises | 4.88 Bn | 4.52 Bn | 521.60 Mn | 28.74 Mn |
| 7 | Eplus | 2.36 Bn | 1.91 Bn | 151.33 Mn | 11.70 Mn |
| 8 | Pc Connection | 2.15 Bn | 1.81 Bn | 157.47 Mn | 12.37 Mn |
| 9 | Scansource | 1.24 Bn | 1.15 Bn | 119.85 Mn | 7.66 Mn |
| 10 | Flywheel Advanced Technology | 13.64 Mn | 13.60 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | -66,932.00 |
| Dec 31, 2023 | 38,651.00 |
| Sep 30, 2023 | 328,007.00 |
| Jun 30, 2023 | -25,720.00 |
| Mar 31, 2023 | -24,492.00 |
| Dec 31, 2022 | 5,425.00 |