iFresh Inc. Income Tax Provision

Income Tax Provision of IFMK for past 10 years: annual, quarterly and twelve month trailing (TTM) including Income Tax Provision growth rates and interactive chart. The actual income tax expense for the applicable year.


Highlights and Quick Summary

  • Income Tax Provision for the quarter ending December 30, 2020 was $-1.88 Million (a 219.36% increase compared to previous quarter)
  • Year-over-year quarterly Income Tax Provision decreased by -3715.36%
  • Annual Income Tax Provision for 2020 was $-186 Thousand (a -132.81% decrease from previous year)
  • Annual Income Tax Provision for 2019 was $568 Thousand (a -655.28% decrease from previous year)
  • Annual Income Tax Provision for 2018 was $-102 Thousand (a -106.17% decrease from previous year)
  • Twelve month Income Tax Provision ending December 30, 2020 was $-2.72 Million (a 301.58% increase compared to previous quarter)
  • Twelve month trailing Income Tax Provision decreased by -837.37% year-over-year
Trailing Income Tax Provision for the last four month:
30 Dec '20 29 Sep '20 30 Mar '20 30 Dec '19
$-2.72 Million $-678 Thousand $-186 Thousand $369 Thousand
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Historical Income Tax Provision of iFresh Inc.

Most recent Income Tax Provisionof IFMK including historical data for past 10 years.

Interactive Chart of Income Tax Provision of iFresh Inc.

iFresh Inc. Income Tax Provision for the past 10 Years (both Annual and Quarterly)

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2020 $-1.88 $-0.59 $-0.3 $-0.19
2019 $0.05 $0.16 $-0.1 $0.25 $0.57
2018 $0.31 $0.2 $-0.1
2017 $-0.04 $0.03 $-0.29 $0.8 $1.66
2016 $0.5 $0.22 $0.14 $3.02
2015 $3.02

Business Profile of iFresh Inc.

Sector: Consumer Defensive
Industry: Grocery Stores
iFresh Inc., through its subsidiaries, operates a network of grocery supermarket chains in the north-eastern United States. It operates through Wholesale and Retail segments. The company provides vegetables, seafood, meat, fruits, snacks, seasonings, and spices, such as peanut oil, cooking wine, vinegar, dark soy sauce, black bean sauce, pepper oil, and chilly oil; tea, condiments, canned goods, flour products, marine food products, candies groceries, traditional Chinese medicine, health products, and dried food; rice and rice products; assortment of noodles, frozen vegetables, frozen dumplings, frozen seafood products, and aquatic products; and cooking utensils. Its brand portfolio includes Family Elephant, Feiyan, Green Acre, Golden Smell, Redolent, and I FRESH. The company also distributes its products to wholesale stores, retail supermarkets, and restaurants. As of August 10, 2020, it operated nine retail supermarkets and two in-house wholesale businesses. The company offers its products through online sales channels and delivery network in suburban areas. iFresh Inc. was founded in 1995 and is headquartered in Long Island City, New York.