Forum Markets (FRMM) Tax Rate (2017 - 2019)
Forum Markets' Tax Rate came in at -1.85% for FY2025, down 1.77 percentage points from -0.08% in FY2024.
Analysis
Forum Markets (FRMM) Tax Rate (2017 - 2019) Analysis & Trends
Going back to FY2017, Forum Markets' Tax Rate data covers 9 years.
- Tax Rate carries a five-year change of -2.04 percentage points (FY2020 to FY2025).
- The FY2025 figure represents the lowest annual Tax Rate in data going back to FY2017.
- Per Business Quant, earlier years put Tax Rate at -0.08% in FY2024 (-10.62 pp), 10.54% in FY2023 (+8.17 pp), 2.38% in FY2022 (+2.26 pp) and 0.11% in FY2021 (-0.07 pp).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 49.17 Bn | 5.98 Bn | - | - |
| 2 | PayPal Holdings | 45.28 Bn | 3.51 Bn | - | 15.73% |
| 3 | Block | 44.18 Bn | 15.44 Bn | 3.17 Bn | 71.11% |
| 4 | Iren | 31.11 Bn | 18.70 Bn | 103.89 Mn | - |
| 5 | Corpay | 25.52 Bn | 15.72 Bn | - | 26.96% |
| 6 | Fiserv | 24.03 Bn | 20.73 Bn | 2.90 Bn | 20.13% |
| 7 | Global Payments | 21.72 Bn | 155.29 Mn | 2.03 Bn | - |
| 8 | Bitmine Immersion Technologies | 15.32 Bn | 12.70 Bn | 40.81 Mn | - |
| 9 | Guidewire Software | 11.69 Bn | 8.26 Bn | 269.68 Mn | 30.70% |
| 10 | Forum Markets | 80.55 Mn | 80.55 Mn | 398,000.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2019 | 173.73% |
| Jun 30, 2019 | 118.17% |
| Mar 31, 2019 | 29.26% |
| Dec 31, 2018 | 26.84% |
| Sep 30, 2018 | 21.47% |
| Jun 30, 2018 | 37.42% |
| Mar 31, 2018 | 30.51% |
| Dec 31, 2017 | 58.16% |
| Sep 30, 2017 | 55.39% |
API Access
Forum Markets Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=FRMM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "FRMM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=FRMM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();