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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 333.21 Bn | 173.07 Bn | - | 1.70 Bn |
| 2 | Goldman Sachs | 311.14 Bn | -665.21 Bn | - | 1.94 Bn |
| 3 | Schwab Charles | 196.95 Bn | 123.36 Bn | - | 869.00 Mn |
| 4 | Robinhood Markets | 93.19 Bn | 75.81 Bn | 1.20 Bn | 136.00 Mn |
| 5 | Interactive Brokers | 41.71 Bn | -22.59 Bn | - | 118.00 Mn |
| 6 | LPL Financial Holdings | 29.06 Bn | 26.36 Bn | - | 136.24 Mn |
| 7 | Tradeweb Markets | 23.03 Bn | 20.97 Bn | - | 63.50 Mn |
| 8 | Circle Internet | 21.70 Bn | 19.97 Bn | 288.85 Mn | 4.10 Mn |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn | -84.25 Mn |
| 10 | Netcapital | 1.49 Mn | 771,270.10 | 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 |