Flywheel Advanced Technology (FWFW) Tax Rate (2022 - 2024)
Flywheel Advanced Technology (FWFW) posted quarterly Tax Rate of 146.02% for Q1 2024, up 14420.0% year-over-year from N/an in Q2 2023, and up 2972.99% quarter-over-quarter from 5.08% in Q4 2023.
Flywheel Advanced Technology (FWFW) Tax Rate (2022 - 2024) Analysis & Trends
Flywheel Advanced Technology's Tax Rate history runs 3 years deep, the most recent figure standing at 146.02% for Q1 2024.
- In Q1 2024, Tax Rate rose 14420.0% year-over-year to 146.02%; the TTM figure through Mar 2024 stood at 60.38% (down 6166.0% YoY), while the FY2023 annual figure was 21.06%, changed N/A from the prior year.
- Tax Rate for Q1 2024 stood at 146.02%, up from 5.08% in the prior quarter.
- The five-year high for Tax Rate was 146.02% in Q1 2024, with the low at 446.49% in Q3 2023.
- The 3-year median for Tax Rate is 1.63% (2023), against an average of 50.41%.
- The sharpest annual moves came in 2023 and 2024: Tax Rate jumped 1592 bps in 2023, then soared 14420 bps in 2024.
- Flywheel Advanced Technology's Tax Rate stood at 21.0% in 2022, then soared by 76 bps to 5.08% in 2023, then surged by 2973 bps to 146.02% in 2024.
- Business Quant data shows FWFW's Tax Rate at 146.02% in Q1 2024, 5.08% in Q4 2023, and 446.49% in Q3 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Oxley Bridge Acquisition | 585.76 Mn | 585.76 Mn | - | - |
| 2 | Launch Two Acquisition | 557.86 Mn | 557.86 Mn | - | - |
| 3 | Drugs Made In America Acquisition | 507.00 Mn | 507.00 Mn | - | - |
| 4 | Cantor Equity Partners IV | 468.00 Mn | 468.00 Mn | - | - |
| 5 | GP-Act III Acquisition | 401.06 Mn | 401.06 Mn | - | - |
| 6 | Aldel Financial | 397.49 Mn | 397.49 Mn | - | - |
| 7 | Republic Digital Acquisition | 389.25 Mn | 388.51 Mn | - | - |
| 8 | Gores Holdings X | 385.06 Mn | 384.87 Mn | - | - |
| 9 | Agriculture & Natural Solutions Acquisition | 377.29 Mn | 377.04 Mn | - | - |
| 10 | Flywheel Advanced Technology | 7.42 Mn | 7.37 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 146.02% |
| Mar 31, 2024 | 146.02% |
| Mar 31, 2024 | 146.02% |
| Dec 31, 2023 | -5.08% |
| Dec 31, 2023 | -5.08% |
| Dec 31, 2023 | -5.08% |
| Sep 30, 2023 | -446.49% |
| Sep 30, 2023 | -446.49% |
| Sep 30, 2023 | -446.49% |
| Jun 30, 2023 | 22.27% |
| Jun 30, 2023 | 22.27% |
| Jun 30, 2023 | 22.27% |
| Mar 31, 2023 | 1.82% |
| Mar 31, 2023 | 1.82% |
| Mar 31, 2023 | 1.82% |
| Dec 31, 2022 | -21.00% |
| Dec 31, 2022 | -21.00% |
| Dec 31, 2022 | -21.00% |