Summit Networks Inc. (SNTW) Tax Provisions (2014 - 2023)
Summit Networks (SNTW) posted quarterly Tax Provisions of -$10461.0 for Q1 2023, up 8.58% year-over-year from -$9634.2 in Q1 2022, and down 76.74% quarter-over-quarter from -$5919.0 in Q4 2022.
Summit Networks Inc. (SNTW) Tax Provisions (2014 - 2023) Analysis & Trends
Summit Networks (SNTW) has reported Tax Provisions for 5 consecutive years, with -$10461.0 the latest figure, recorded in Q1 2023.
- In Q1 2023, Tax Provisions rose 8.58% year-over-year to -$10461.0; the TTM figure through Mar 2023 stood at -$34355.0 (up 68.55% YoY), while the FY2020 annual figure was -$25755.0, up 67.38% from the prior year.
- Tax Provisions slipped to -$10461.0 in Q1 2023 per SNTW's latest filing, from -$5919.0 in the prior quarter.
- Across five years, Tax Provisions topped out at -$5919.0 in Q4 2022 and bottomed at -$81787.0 in Q1 2021.
- Historically, Tax Provisions has averaged -$22024.2 across 3 years, with a median of -$10952.0 in 2022.
- Annual changes were most pronounced in 2022 — Tax Provisions surged 86.01% — and 2023, when it advanced 8.58%.
- Summit Networks' Tax Provisions stood at -$16003.0 in 2021, then soared by 63.01% to -$5919.0 in 2022, then slumped by 76.74% to -$10461.0 in 2023.
- Business Quant data shows SNTW's Tax Provisions at -$10461.0 in Q1 2023, -$5919.0 in Q4 2022, and -$6532.0 in Q2 2022.
Peer Comparison
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2023 | -10,461.00 |
| Dec 31, 2022 | -5,919.00 |
| Jun 30, 2022 | -6,532.00 |
| Mar 31, 2022 | -11,443.00 |
| Dec 31, 2021 | -16,003.00 |
| Mar 31, 2021 | -81,787.00 |
| Apr 30, 2015 | -3,569.00 |
| Jan 31, 2015 | -202.00 |
| Oct 31, 2014 | 2,293.00 |