Netcapital (NCPLW) Tax Provisions (2020 - 2024)
Netcapital recorded quarterly Tax Provisions of -$1.7 million in Q1 2024, down 425.3% quarter-over-quarter from -$326289.0 in Q4 2023, and down 345.91% year-over-year from $697000.0 in Q1 2023.
Netcapital's Tax Provisions history runs 5 years deep, the most recent figure standing at -$1.7 million for Q1 2024.
- In Q1 2024, Tax Provisions fell 345.91% year-over-year to -$1.7 million; the TTM figure through Apr 2024 stood at -$2.3 million (down 373.92% YoY), while the FY2024 annual figure 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.
- A 5-year average of -$20373.7 and a median of -$11057.0 in 2020 frame the typical range for Tax Provisions.
- Across the five-year window, Tax Provisions sank 677.79% in 2021 and surged 8975.0% in 2023, its largest moves.
- Netcapital's Tax Provisions stood at -$11057.0 in 2020, then tumbled by 677.79% to -$86000.0 in 2021, then soared by 215.12% to $99000.0 in 2022, then slumped by 429.58% to -$326289.0 in 2023, then plunged 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 | 330.71 Bn | 197.18 Bn | - | 1.37 Bn |
| 2 | Goldman Sachs | 318.59 Bn | -618.96 Bn | - | 856.00 Mn |
| 3 | Schwab Charles | 154.74 Bn | 109.76 Bn | - | 709.00 Mn |
| 4 | Robinhood Markets | 81.79 Bn | 77.15 Bn | 960.00 Mn | 65.00 Mn |
| 5 | Interactive Brokers | 39.54 Bn | 50.13 Bn | - | 117.00 Mn |
| 6 | Circle Internet | 25.60 Bn | 24.08 Bn | 35.01 Mn | 1.40 Mn |
| 7 | LPL Financial Holdings | 22.12 Bn | 21.10 Bn | - | 128.18 Mn |
| 8 | Iren | 21.58 Bn | 19.37 Bn | 144.76 Mn | -6.26 Mn |
| 9 | Tradeweb Markets | 21.29 Bn | 20.04 Bn | - | 69.76 Mn |
| 10 | Netcapital | - | - | 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 |