Mesoblast (MEOBF) Tax Provisions (2016 - 2023)
Mesoblast's (MEOBF) quarterly Tax Provisions came in at -$384000.0 in Q2 2023, up 9.86% year-over-year from -$349538.5 in Q2 2022, and down 934.78% quarter-over-quarter from $46000.0 in Q1 2023.
Analysis
Mesoblast (MEOBF) Tax Provisions (2016 - 2023) Analysis & Trends
Mesoblast has disclosed Tax Provisions across 8 years of filings, most recently posting -$384000.0 for Q2 2023.
- In Q2 2023, Tax Provisions rose 9.86% year-over-year to -$384000.0; the TTM figure through Jun 2023 stood at -$212000.0 (up 11.3% YoY), while the FY2026 annual figure was $613000.0, up 85.76% from the prior year.
- Tax Provisions came in at -$384000.0 for Q2 2023 at Mesoblast, down from $46000.0 in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $6.2 million in Q1 2020 to a low of -$1.6 million in Q2 2021.
- Average Tax Provisions over 5 years is $964941.2, with a median of $71000.0 recorded in 2022.
- Year-over-year, Tax Provisions surged 211.17% in 2019 and plunged 101.76% in 2020.
- Over 5 years, Tax Provisions stood at $4.2 million in 2019, then plunged by 101.76% to -$74000.0 in 2020, then soared by 208.11% to $80000.0 in 2021, then slipped by 11.25% to $71000.0 in 2022, then sank by 640.85% to -$384000.0 in 2023.
- Per Business Quant data, the three most recent Tax Provisions figures were -$384000.0 in Q2 2023, $46000.0 in Q1 2023, and $71000.0 in Q4 2022.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Krystal Biotech | 10.13 Bn | 9.29 Bn | 112.79 Mn | 11.31 Mn |
| 2 | CRISPR Therapeutics AG | 5.23 Bn | 5.23 Bn | - | 1.00 Mn |
| 3 | Iovance Biotherapeutics | 3.82 Bn | 3.52 Bn | 55.72 Mn | -1.40 Mn |
| 4 | Legend Biotech | 3.68 Bn | 2.72 Bn | 251.50 Mn | -22.30 Mn |
| 5 | uniQure | 3.08 Bn | 3.08 Bn | 5.49 Mn | 1.84 Mn |
| 6 | Beam Therapeutics | 2.67 Bn | 2.67 Bn | - | - |
| 7 | Precigen | 2.43 Bn | 2.43 Bn | 52.17 Mn | - |
| 8 | Sarepta Therapeutics | 2.33 Bn | 1.54 Bn | 251.87 Mn | 3.14 Mn |
| 9 | Vericel | 2.00 Bn | 1.84 Bn | 56.40 Mn | - |
| 10 | Mesoblast | 246.02 Mn | 143.11 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2023 | -384,000.00 |
| Mar 31, 2023 | 46,000.00 |
| Dec 31, 2022 | 71,000.00 |
| Sep 30, 2022 | 55,000.00 |
| Jun 30, 2022 | -426,000.00 |
| Mar 31, 2022 | 45,000.00 |
| Dec 31, 2021 | 80,000.00 |
| Sep 30, 2021 | 62,000.00 |
| Jun 30, 2021 | -1.57 Mn |
| Mar 31, 2021 | 98,000.00 |
| Dec 31, 2020 | -74,000.00 |
| Sep 30, 2020 | 730,000.00 |
| Mar 31, 2020 | 6.16 Mn |
| Dec 31, 2019 | 4.20 Mn |
| Sep 30, 2019 | 1.93 Mn |
| Jun 30, 2019 | 3.18 Mn |
| Mar 31, 2019 | 2.21 Mn |
| Dec 31, 2018 | 2.87 Mn |
| Sep 30, 2018 | 711,000.00 |
| Jun 30, 2018 | 1.02 Mn |