authID (AUID) Tax Rate (2017 - 2023)
authID's (AUID) quarterly Tax Rate came in at 0.01% in 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.
Analysis
authID (AUID) Tax Rate (2017 - 2023) Analysis & Trends
authID (AUID) has reported Tax Rate for 7 consecutive years, with 0.01% the latest figure, recorded 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 FY2025 full-year result was 21.11%, changed N/A from the prior year.
- Tax Rate grew to 0.01% in Q4 2023 per AUID's latest filing, from 0.03% in the prior quarter.
- Across five years, Tax Rate topped out at 0.11% in Q3 2022 and bottomed at 0.93% in Q4 2019.
- Historically, Tax Rate has averaged 0.23% across 5 years, with a median of 0.11% in 2022.
- The sharpest annual moves came in 2019 and 2021: Tax Rate slumped 44 bps in 2019, then soared 63 bps in 2021.
- Over 5 years, Tax Rate stood at 0.93% in 2019, then soared by 33 bps to 0.62% in 2020, then soared by 86 bps to 0.08% in 2021, then sank by 31 bps to 0.11% in 2022, then soared by 111 bps to 0.01% in 2023.
- According to Business Quant data, Tax Rate over the past three periods registered 0.01%, 0.03%, and 0.11% for Q4 2023, Q2 2023, and Q4 2022 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Okta | 29.30 Bn | 27.00 Bn | 641.00 Mn | 7.94% |
| 2 | SailPoint | 10.20 Bn | 9.81 Bn | 181.11 Mn | 6.71% |
| 3 | Clear Secure | 4.39 Bn | 3.43 Bn | 276.82 Mn | 20.85% |
| 4 | First Advantage | 3.54 Bn | 3.31 Bn | 203.99 Mn | 32.50% |
| 5 | Cyberloq Technologies | 3.43 Bn | 3.43 Bn | - | - |
| 6 | Red Violet | 1.06 Bn | 1.01 Bn | 22.90 Mn | 23.56% |
| 7 | Mitek Systems | 805.47 Mn | 705.76 Mn | 45.92 Mn | 25.09% |
| 8 | OneSpan | 602.48 Mn | 559.14 Mn | 44.48 Mn | 21.46% |
| 9 | Intellicheck | 55.88 Mn | 44.04 Mn | 5.42 Mn | - |
| 10 | authID | 6.64 Mn | 5.29 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 0.01% |
| Jun 30, 2023 | -0.03% |
| Dec 31, 2022 | -0.11% |
| Sep 30, 2022 | 0.11% |
| Jun 30, 2022 | -0.12% |
| Mar 31, 2022 | -0.10% |
| Dec 31, 2021 | -0.08% |
| Sep 30, 2021 | 0.05% |
| Jun 30, 2021 | -0.03% |
| Mar 31, 2021 | -0.29% |
| Dec 31, 2020 | -0.62% |
| Sep 30, 2020 | -0.58% |
| Jun 30, 2020 | 0.10% |
| Mar 31, 2020 | -0.23% |
| Dec 31, 2019 | -0.93% |
| Sep 30, 2019 | -0.46% |
| Jun 30, 2019 | -0.20% |
| Mar 31, 2019 | -0.61% |
| Dec 31, 2018 | -0.49% |
| Sep 30, 2018 | -0.13% |