Netcapital (NCPL) Tax Provisions (2020 - 2024)
Netcapital (NCPL) posted Tax Provisions of -$1.7 million for Q1 2024, down 425.3% sequentially from -$326289.0 in Q4 2023, and down 345.91% YoY from $697000.0 in Q1 2023.
Netcapital (NCPL) Tax Provisions (2020 - 2024) Analysis & Trends
Netcapital has reported Tax Provisions for 5 years, with the latest figure at -$1.7 million in Q1 2024.
- Quarterly Tax Provisions fell 345.91% year-over-year to -$1.7 million in Q1 2024, while the trailing twelve-month figure through Apr 2024 was -$2.3 million (down 373.92% YoY) and the FY2024 annual result came in at -$2.3 million, down 373.92% from the prior year.
- Tax Provisions fell to -$1.7 million in Q1 2024 per NCPL's latest filing, from -$326289.0 in the prior quarter.
- Over five years, Tax Provisions peaked at $707000.0 in Q3 2021 and troughed at -$1.7 million in Q1 2024.
- A 5-year average of -$20373.7 and a median of -$11057.0 in 2020 frame the typical range for Tax Provisions.
- The sharpest annual moves came in 2021 and 2023: Tax Provisions slumped 677.79% in 2021, then soared 8975.0% in 2023.
- Over 5 years, Tax Provisions stood at -$11057.0 in 2020, then plunged by 677.79% to -$86000.0 in 2021, then jumped by 215.12% to $99000.0 in 2022, then tumbled by 429.58% to -$326289.0 in 2023, then sank by 425.3% to -$1.7 million in 2024.
- According to Business Quant data, Tax Provisions over the past three periods registered -$1.7 million, -$326289.0, and -$299000.0 for Q1 2024, Q4 2023, and Q3 2023 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 338.83 Bn | 205.30 Bn | - | 1.70 Bn |
| 2 | Goldman Sachs | 316.34 Bn | -660.01 Bn | - | 1.94 Bn |
| 3 | Schwab Charles | 220.55 Bn | 135.80 Bn | - | 709.00 Mn |
| 4 | Futu Holdings | 121.48 Bn | 105.59 Bn | 733.58 Mn | -84.25 Mn |
| 5 | Robinhood Markets | 84.07 Bn | 66.74 Bn | 1.20 Bn | 136.00 Mn |
| 6 | Iren | 68.17 Bn | 65.95 Bn | 104.86 Mn | -6.26 Mn |
| 7 | ATIF Holdings | 45.42 Bn | 45.42 Bn | - | - |
| 8 | Interactive Brokers | 39.54 Bn | -3.28 Bn | - | - |
| 9 | LPL Financial Holdings | 28.27 Bn | 25.57 Bn | - | 136.24 Mn |
| 10 | Netcapital | 2.41 Mn | 1.70 Mn | 92,524.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2024 | -1.71 Mn |
| Oct 31, 2023 | -326,289.00 |
| Jul 31, 2023 | -299,000.00 |
| Apr 30, 2023 | 355,000.00 |
| Jan 31, 2023 | 697,000.00 |
| Oct 31, 2022 | 99,000.00 |
| Jul 31, 2022 | -297,000.00 |
| Apr 30, 2022 | -4,000.00 |
| Jan 31, 2022 | -73,000.00 |
| Oct 31, 2021 | -86,000.00 |
| Jul 31, 2021 | 707,000.00 |
| Apr 30, 2021 | 655,288.00 |
| Jan 31, 2021 | -19,890.00 |
| Oct 31, 2020 | -11,057.00 |
| Jul 31, 2020 | 11,341.00 |