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 (NCPL) has 5 years of Tax Provisions data on file, last reported 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.
- The five-year high for Tax Provisions was $707000.0 in Q3 2021, with the low at -$1.7 million in Q1 2024.
- Average Tax Provisions over 5 years is -$20373.7, with a median of -$11057.0 recorded in 2020.
- Year-over-year, Tax Provisions plunged 677.79% in 2021 and surged 8975.0% in 2023.
- Netcapital's Tax Provisions stood at -$11057.0 in 2020, then sank by 677.79% to -$86000.0 in 2021, then surged by 215.12% to $99000.0 in 2022, then plunged by 429.58% to -$326289.0 in 2023, then slumped by 425.3% to -$1.7 million in 2024.
- Business Quant data shows NCPL's Tax Provisions at -$1.7 million in Q1 2024, -$326289.0 in Q4 2023, and -$299000.0 in Q3 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | 1.37 Bn |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | 856.00 Mn |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | 709.00 Mn |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | -84.25 Mn |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | 65.00 Mn |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | 128.18 Mn |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | 69.76 Mn |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | 1.40 Mn |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | -6.26 Mn |
| 10 | Netcapital | 2.97 Mn | 2.26 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 |