REE Automotive Ltd. (REEAF) Tax Provisions (2021 - 2024)
REE Automotive (REEAF) posted quarterly Tax Provisions of $781000.0 for Q4 2024, up 165.08% year-over-year from $294624.3 in Q1 2024, and up 6608.33% quarter-over-quarter from -$12000.0 in Q3 2024.
REE Automotive Ltd. (REEAF) Tax Provisions (2021 - 2024) Analysis & Trends
REE Automotive (REEAF) has reported Tax Provisions for 4 consecutive years, with $781000.0 the latest figure, recorded in Q4 2024.
- In Q4 2024, Tax Provisions rose 165.08% year-over-year to $781000.0; the TTM figure through Dec 2024 stood at -$139.8 million (down 1551.81% YoY), while the FY2025 annual figure was -$2.0 billion, down 196.56% from the prior year.
- Tax Provisions grew to $781000.0 in Q4 2024 per REEAF's latest filing, from -$12000.0 in the prior quarter.
- Across five years, Tax Provisions topped out at $11.0 million in Q3 2023 and bottomed at -$142.0 million in Q2 2024.
- Historically, Tax Provisions has averaged -$9.1 million across 4 years, with a median of $267500.0 in 2022.
- On a YoY basis, Tax Provisions climbed as much as 4323.53% in 2024 and fell as far as 103549.64% in 2024.
- REE Automotive's Tax Provisions stood at $1.2 million in 2021, then plunged by 93.38% to $81000.0 in 2022, then sank by 1581.48% to -$1.2 million in 2023, then soared by 165.08% to $781000.0 in 2024.
- Business Quant data shows REEAF's Tax Provisions at $781000.0 in Q4 2024, -$12000.0 in Q3 2024, and -$142.0 million in Q2 2024.
Peer Comparison
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 781,000.00 |
| Sep 30, 2024 | -12,000.00 |
| Jun 30, 2024 | -142.00 Mn |
| Mar 31, 2024 | 1.44 Mn |
| Dec 31, 2023 | -1.20 Mn |
| Sep 30, 2023 | 11.00 Mn |
| Jun 30, 2023 | -137,000.00 |
| Mar 31, 2023 | -34,000.00 |
| Dec 31, 2022 | 81,000.00 |
| Sep 30, 2022 | 454,000.00 |
| Jun 30, 2022 | 619,000.00 |
| Mar 31, 2022 | 594,000.00 |
| Dec 31, 2021 | 1.22 Mn |
| Sep 30, 2021 | 13,000.00 |