Summit Networks SNTW
OTC SNTW
$0.13 +0.00 (+0.00%)
At close: Aug 19, 2026 · 4:00 PM EDT

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
DateValue
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