Netcapital (NCPL) Tax Provisions (2020 - 2024)

Netcapital has disclosed Tax Provisions across 5 years of filings, most recently posting -$1.7 million for Q1 2024.

• Tax Provisions for Q1 2024 came in at -$1.7 million, down 345.91% year-over-year; the trailing twelve-month figure through Apr 2024 was -$2.3 million (down 373.92% YoY), and the FY2024 annual result was -$2.3 million, down 373.92% from the prior year.
• Tax Provisions came in at -$1.7 million for Q1 2024 at Netcapital, down from -$326289.0 in the prior quarter.
• In the past five years, Tax Provisions ranged from a high of $707000.0 in Q3 2021 to a low of -$1.7 million in Q1 2024.
• The 5-year median for Tax Provisions is -$11057.0 (2020), against an average of -$20373.7.
• Across the five-year window, Tax Provisions slumped 677.79% in 2021 and jumped 8975.0% in 2023, its largest moves.
• Netcapital's Tax Provisions stood at -$11057.0 in 2020, then plunged by 677.79% to -$86000.0 in 2021, then surged 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.
• The last three Tax Provisions figures came in at -$1.7 million (Q1 2024), -$326289.0 (Q4 2023), and -$299000.0 (Q3 2023), per Business Quant data.