Flywheel Advanced Technology (FWFW) Tax Rate (2022 - 2024)
Flywheel Advanced Technology's (FWFW) quarterly Tax Rate came in at 146.02% in Q1 2024, up 14420.0% year-on-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.
- On a quarterly basis, Tax Rate rose 14420.0% year-over-year to 146.02% in Q1 2024; TTM through Mar 2024 was 60.38%, a 6166.0% decrease from a year earlier, with the FY2023 full-year figure at 21.06%, changed N/A from the prior year.
- Tax Rate climbed to 146.02% in Q1 2024 per FWFW's latest filing, from 5.08% in the prior quarter.
- Across five years, Tax Rate topped out at 146.02% in Q1 2024 and bottomed at 446.49% in Q3 2023.
- The 3-year median for Tax Rate is 1.63% (2023), against an average of 50.41%.
- Across the five-year window, Tax Rate jumped 1592 bps in 2023 and soared 14420 bps in 2024, its largest moves.
- Year by year, Tax Rate stood at 21.0% in 2022, then jumped by 76 bps to 5.08% in 2023, then soared by 2973 bps to 146.02% in 2024.
- Per Business Quant, the three latest FWFW Tax Rate figures stand at 146.02% (Q1 2024), 5.08% (Q4 2023), and 446.49% (Q3 2023).
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | SIM Acquisition Corp. I | 314.52 Mn | 314.52 Mn | - | - |
| 2 | Thayer Ventures Acquisition | 208.29 Mn | 208.29 Mn | - | - |
| 3 | Newbury Street II Acquisition | 185.26 Mn | 185.26 Mn | - | - |
| 4 | Dynamix | 178.78 Mn | 178.78 Mn | - | - |
| 5 | Hallmark Venture | 103.01 Mn | 102.76 Mn | - | 100.00% |
| 6 | Voyager Acquisition | 99.58 Mn | 99.45 Mn | - | - |
| 7 | Gores Holdings X | 95.80 Mn | 95.37 Mn | - | - |
| 8 | Archimedes Tech SPAC Partners | 89.88 Mn | 89.88 Mn | - | - |
| 9 | Cohen Circle Acquisition | 80.05 Mn | 80.05 Mn | - | - |
| 10 | Flywheel Advanced Technology | 4.75 Mn | 4.74 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% |