RE:RE:Tax (Expense) and Deferred Tax (Expense) / Recovery Sorry. Expressed in US$ except for 2018
The following tables show that the “Income Tax (Expense)” and “Deferred Income Tax (Expense) / Recovery” booked for Q2-21 and Q3-21 seem to be outliers as they are very high considering the Income Before Tax of the same Q (40.4% and 31.8% respectively). How can any company survive such high rates / % of Income Tax / Deferred Income Tax? These two tax items are key for us to meet or miss the analyst consensus EPS for Q4-21. I would love to see a Tax Recovery (instead of Tax Expense) for Q4. DYODD
| | Income before tax C$ | Tax & Deferred Tax | Percentage |
| Q1-18 | 49.5M | (3.7M) | 7.4% |
| Q2-18 | 50.3M | 40.4M Recovery | |
| Q3-18 | 91.7M | (20.3M) | 22.1% |
| Q4-18 | 131.2M | (23.1M) | 17.6% |
| Full Year 2018 | 322.7M | (6.7M) | 2% |
| | Income before tax US$ | Tax & Deferred Tax | Percentage |
| Q1-20 | 3.9M | 0.6M Recovery | |
| Q2-20 | (5.5M) Loss | (1.48M) | |
| Q3-20 | 3.3M | (0.83) | 24% |
| Q4-20 | 6.0M | 0.86M Recovery | |
| Full Year 2020 | 7.7M | (0.96M) | 12.4% |
| | Income before tax | Tax & Deferred Tax | Percentage |
| Full Year 2018 | C$322.7M | (6.7M) | 2% |
| Full Year 2020 | US$7.7M | (0.96M) | 12.4% |
| Q1-21 | US$4.5M | (0.3M) | 6.8% |
| Q2-21 | US$14.2M | (5.7M) | 40.4% |
| Q3-21 | US$13.5M | (4.3M) | 31.8% |
| Q4-21 | ??? | expense/recovery? | ??? |