SCWorx (WORX) Tax Provisions (2016 - 2020)

SCWorx (WORX) posted Tax Provisions of $32.6 million for Q4 2020, up 1471.84% sequentially from -$2.4 million in Q4 2019, and up 1471.84% YoY from $2.1 million in Q1 2020.

SCWorx (WORX) Tax Provisions (2016 - 2020) Analysis & Trends

SCWorx has reported Tax Provisions for 4 years, with the latest figure at $32.6 million in Q4 2020.

  • Quarterly Tax Provisions rose 1471.84% year-over-year to $32.6 million in Q4 2020, while the trailing twelve-month figure through Dec 2020 was $30.2 million (up 1372.27% YoY) and the FY2025 annual result came in at -$73328.0, down 291.12% from the prior year.
  • Tax Provisions advanced to $32.6 million in Q4 2020 per WORX's latest filing, from -$2.4 million in the prior quarter.
  • Over five years, Tax Provisions peaked at $32.6 million in Q4 2020 and troughed at -$2.4 million in Q4 2019.
  • A 4-year average of $4.2 million and a median of -$79927.0 in 2018 frame the typical range for Tax Provisions.
  • The sharpest annual moves came in 2019 and 2020: Tax Provisions sank 2873.18% in 2019, then jumped 1471.84% in 2020.
  • Over 4 years, Tax Provisions stood at -$755647.0 in 2016, then jumped by 89.42% to -$79927.0 in 2018, then tumbled by 2873.18% to -$2.4 million in 2019, then surged by 1471.84% to $32.6 million in 2020.
  • According to Business Quant data, Tax Provisions over the past three periods registered $32.6 million, -$2.4 million, and $747.0 for Q4 2020, Q4 2019, and Q3 2019 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Veeva Systems 39.72 Bn 32.40 Bn 662.02 Mn 86.59 Mn
2 BrightSpring Health Services 12.19 Bn 11.64 Bn 492.75 Mn 6.91 Mn
3 Healthequity 8.79 Bn 8.52 Bn 256.31 Mn 23.00 Mn
4 10x Genomics 7.31 Bn 6.76 Bn 112.50 Mn -714,000.00
5 Hinge Health 7.10 Bn 6.71 Bn 183.95 Mn 740,000.00
6 MiniMed 5.66 Bn 5.36 Bn 480.00 Mn 93.00 Mn
7 Waystar Holding 4.76 Bn 4.56 Bn 221.99 Mn 15.53 Mn
8 Doximity 4.46 Bn 3.77 Bn 132.93 Mn 16.05 Mn
9 Heartflow 3.66 Bn 3.28 Bn 53.19 Mn 22,000.00
10 SCWorx 5.87 Mn 4.53 Mn 330,423.00 -

Historic Data

Download Data
DateValue
Dec 31, 2020 32.60 Mn
Dec 31, 2019 -2.38 Mn
Sep 30, 2019 747.00
Jun 30, 2019 195,000.00
Mar 31, 2019 -195,000.00
Dec 31, 2018 -79,927.00
Dec 31, 2016 -755,647.00