Veon (VEON) Tax Provisions (2009 - 2022)
Veon (VEON) reported Tax Provisions of -$81.0 million for Q2 2022, up 4.71% on a YoY basis from -$77.4 million in Q2 2021, and down 112.92% quarter-over-quarter from $627.0 million in Q4 2021.
Veon (VEON) Tax Provisions (2009 - 2022) Analysis & Trends
Veon has reported Tax Provisions for 13 years, with the latest figure at -$81.0 million in Q2 2022.
- For the quarter ending Q2 2022, Tax Provisions rose 4.71% year-over-year to -$81.0 million; the trailing twelve-month figure through Jun 2022 stood at $350.0 million (up 182.74% YoY), and the FY2025 full-year result was $194.0 million, down 10.6% from the prior year.
- Tax Provisions for Q2 2022 stood at -$81.0 million, down from $627.0 million in the prior quarter.
- The five-year high for Tax Provisions was $627.0 million in Q4 2021, with the low at -$144.0 million in Q4 2020.
- Historically, Tax Provisions has averaged -$41.5 million across 5 years, with a median of -$85.0 million in 2021.
- Annual changes were most pronounced in 2018 — Tax Provisions sank 53179090.75% — and 2021, when it surged 535.42%.
- Veon's Tax Provisions stood at -$345.0 in 2018, then tumbled by 22898450.72% to -$79.0 million in 2019, then tumbled by 82.28% to -$144.0 million in 2020, then surged by 535.42% to $627.0 million in 2021, then tumbled by 112.92% to -$81.0 million in 2022.
- The last three Tax Provisions figures came in at -$81.0 million (Q2 2022), $627.0 million (Q4 2021), and -$111.0 million (Q3 2021), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Bce | 382.57 Bn | 381.58 Bn | - | - |
| 2 | T-Mobile US | 195.94 Bn | 192.42 Bn | 17.62 Bn | 830.00 Mn |
| 3 | Verizon Communications | 190.78 Bn | 183.73 Bn | 27.94 Bn | 1.64 Bn |
| 4 | At&T | 159.64 Bn | 149.68 Bn | 25.25 Bn | 1.18 Bn |
| 5 | Telefonica Brasil | 146.21 Bn | 144.47 Bn | 1.32 Bn | -65.84 Mn |
| 6 | America Movil Sab De Cv | 128.31 Bn | 126.27 Bn | 10.13 Bn | - |
| 7 | Chunghwa Telecom | 109.39 Bn | 107.21 Bn | 719.92 Mn | 96.71 Mn |
| 8 | Millicom International Cellular | 106.22 Bn | 104.67 Bn | - | -78.00 Mn |
| 9 | Veon | 82.81 Bn | 80.59 Bn | - | - |
| 10 | EchoStar | 33.61 Bn | 33.48 Bn | 3.13 Bn | -20.92 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2022 | -81.00 Mn |
| Dec 31, 2021 | 627.00 Mn |
| Sep 30, 2021 | -111.00 Mn |
| Jun 30, 2021 | -85.00 Mn |
| Mar 31, 2021 | -91.00 Mn |
| Dec 31, 2020 | -144.00 Mn |
| Sep 30, 2020 | -103.00 Mn |
| Jun 30, 2020 | -68.00 Mn |
| Mar 31, 2020 | -75.00 Mn |
| Dec 31, 2019 | -79.00 Mn |
| Sep 30, 2019 | -100.00 Mn |
| Jun 30, 2019 | 29.00 Mn |
| Mar 31, 2019 | -79.00 Mn |
| Dec 31, 2018 | -345.00 |
| Sep 30, 2018 | -92.00 Mn |
| Jun 30, 2018 | -136.00 Mn |
| Mar 31, 2018 | -117.00 Mn |
| Dec 31, 2017 | -93.00 Mn |
| Sep 30, 2017 | -173.00 |
| Jun 30, 2017 | -65.00 Mn |