authID (AUID) Tax Rate (2017 - 2023)
authID (AUID) reported Tax Rate of 0.01% for Q4 2023, up 12.0% on a YoY basis from 0.01% in Q4 2022, and up 140.64% quarter-over-quarter from 0.03% in Q2 2023.
authID (AUID) Tax Rate (2017 - 2023) Analysis & Trends
authID has reported Tax Rate for 7 years, with the latest figure at 0.01% in Q4 2023.
- For the quarter ending Q4 2023, Tax Rate rose 12.0% year-over-year to 0.01%; the trailing twelve-month figure through Dec 2023 stood at 0.05% (changed 0.0% YoY), and the FY2023 full-year result was 0.01%, up 2.0% from the prior year.
- Tax Rate for Q4 2023 stood at 0.01%, up from 0.03% in the prior quarter.
- The five-year high for Tax Rate was 0.11% in Q3 2022, with the low at 0.93% in Q4 2019.
- Historically, Tax Rate has averaged 0.24% across 5 years, with a median of 0.11% in 2022.
- Annual changes were most pronounced in 2019 — Tax Rate sank 44 bps — and 2021, when it surged 63 bps.
- authID's Tax Rate stood at 0.93% in 2019, then jumped by 33 bps to 0.62% in 2020, then jumped by 86 bps to 0.08% in 2021, then tumbled by 31 bps to 0.11% in 2022, then jumped by 111 bps to 0.01% in 2023.
- The last three Tax Rate figures came in at 0.01% (Q4 2023), 0.03% (Q2 2023), and 0.11% (Q4 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn | 19.22% |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn | 23.68% |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn | 15.74% |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn | 1.37% |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn | 21.31% |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn | -6.22% |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn | 18.58% |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn | 18.14% |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn | -7.01% |
| 10 | authID | 14.57 Mn | 14.57 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 0.01% |
| Dec 31, 2023 | 0.01% |
| Jun 30, 2023 | -0.03% |
| Jun 30, 2023 | -0.03% |
| Dec 31, 2022 | -0.11% |
| Dec 31, 2022 | -0.11% |
| Sep 30, 2022 | 0.11% |
| Sep 30, 2022 | 0.11% |
| Jun 30, 2022 | -0.12% |
| Jun 30, 2022 | -0.12% |
| Mar 31, 2022 | -0.10% |
| Mar 31, 2022 | -0.10% |
| Dec 31, 2021 | -0.08% |
| Dec 31, 2021 | -0.08% |
| Sep 30, 2021 | 0.05% |
| Sep 30, 2021 | 0.05% |
| Jun 30, 2021 | -0.03% |
| Jun 30, 2021 | -0.03% |
| Mar 31, 2021 | -0.29% |
| Mar 31, 2021 | -0.29% |