Growth Metrics

Forge Innovation Development (FGNV) Tax Rate (2019 - 2022)

Forge Innovation Development has reported Tax Rate over the past 4 years, most recently at 27.38% for Q3 2022.

  • For Q3 2022, Tax Rate changed N/A year-over-year to 27.38%; the TTM value through Dec 2022 reached 9.3%, down 869.0%, while the annual FY2022 figure was 6.8%, 619.0% down from the prior year.
  • Tax Rate for Q3 2022 was 27.38% at Forge Innovation Development, up from 9.37% in the prior quarter.
  • Over five years, Tax Rate peaked at 27.38% in Q3 2022 and troughed at 9.37% in Q2 2022.
  • A 4-year average of 2.24% and a median of 1.09% in 2019 define the central range for Tax Rate.
  • On a YoY basis, Tax Rate climbed as much as -837bps in 2022 and fell as far as -837bps in 2022.
  • Year by year, Tax Rate stood at 1.18% in 2019, then grew by 21bps to 0.93% in 2020, then crashed by -55bps to 1.44% in 2021, then skyrocketed by 1999bps to 27.38% in 2022.
  • Business Quant data shows Tax Rate for FGNV at 27.38% in Q3 2022, 9.37% in Q2 2022, and 1.44% in Q4 2021.