Flywheel Advanced Technology FWFW
OTC FWFW
$0.46 +0.00 (+0.00%)
At close: Sep 8, 2026 · 4:00 PM EDT

Flywheel Advanced Technology (FWFW) Tax Rate (2022 - 2024)

Flywheel Advanced Technology (FWFW) posted Tax Rate of 146.02% for Q1 2024, up 739.55% on a QoQ basis from 22.83% in Q4 2023, and up 14420.0% year-over-year from N/an in Q2 2023.

Analysis

Flywheel Advanced Technology (FWFW) Tax Rate (2022 - 2024) Analysis & Trends

Flywheel Advanced Technology has reported Tax Rate for 3 years, with the latest figure at 146.02% in Q1 2024.

  • On a quarterly basis, Tax Rate rose 14420.0% year-over-year to 146.02% in Q1 2024; TTM through Mar 2024 was 67.81%, a 6910.0% decrease from a year earlier, with the FY2023 full-year figure at 21.06%, changed N/A from the prior year.
  • Tax Rate was 146.02% for Q1 2024 at Flywheel Advanced Technology, up from 22.83% 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.
  • Average Tax Rate over 3 years is 53.37%, with a median of 9.59% recorded in 2022.
  • The sharpest annual moves came in 2023 and 2024: Tax Rate plunged 183 bps in 2023, then surged 14420 bps in 2024.
  • Over 3 years, Tax Rate stood at 21.0% in 2022, then slipped by 9 bps to 22.83% in 2023, then jumped by 740 bps to 146.02% in 2024.
  • The last three Tax Rate figures came in at 146.02% (Q1 2024), 22.83% (Q4 2023), and 446.49% (Q3 2023), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Td Synnex 21.36 Bn 20.27 Bn 1.34 Bn 22.29%
2 Cdw 19.57 Bn 19.21 Bn 1.32 Bn 26.55%
3 Arrow Electronics 11.66 Bn 11.42 Bn 1.13 Bn 22.74%
4 Avnet 8.15 Bn 7.99 Bn 865.03 Mn 20.97%
5 Ingram Micro Holding 6.36 Bn 5.55 Bn 958.68 Mn 29.63%
6 Insight Enterprises 4.88 Bn 4.52 Bn 521.60 Mn 27.04%
7 Eplus 2.36 Bn 1.91 Bn 151.33 Mn 27.88%
8 Pc Connection 2.15 Bn 1.81 Bn 157.47 Mn 27.16%
9 Scansource 1.24 Bn 1.15 Bn 119.85 Mn 23.01%
10 Flywheel Advanced Technology 13.64 Mn 13.60 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Mar 31, 2024 146.02%
Dec 31, 2023 -22.83%
Sep 30, 2023 -446.49%
Jun 30, 2023 22.27%
Mar 31, 2023 1.82%
Dec 31, 2022 -21.00%