Forum Markets FRMM
NASDAQ FRMM
$5.31 -0.23 (-4.15%)
At close: Sep 4, 2026 · 4:00 PM EDT

Forum Markets (FRMM) Tax Rate (2017 - 2023)

Forum Markets (FRMM) posted Tax Rate of 0.36% for Q4 2023, down 98.08% on a QoQ basis from 18.6% in Q3 2023.

Analysis

Forum Markets (FRMM) Tax Rate (2017 - 2023) Analysis & Trends

Forum Markets has reported Tax Rate for 6 years, with the latest figure at 0.36% in Q4 2023.

  • On a quarterly basis, Tax Rate changed N/A year-over-year to 0.36% in Q4 2023; TTM through Dec 2023 was 10.6%, a N/A change from a year earlier, with the FY2025 full-year figure at 21.0%, up 2108.0% from the prior year.
  • Tax Rate was 0.36% for Q4 2023 at Forum Markets, down from 18.6% in the prior quarter.
  • The five-year high for Tax Rate was 173.73% in Q3 2019, with the low at 1.88% in Q2 2020.
  • Average Tax Rate over 4 years is 24.24%, with a median of 0.29% recorded in 2023.
  • The sharpest annual moves came in 2019 and 2020: Tax Rate soared 15226 bps in 2019, then slumped 17311 bps in 2020.
  • Over 4 years, Tax Rate stood at 0.88% in 2019, then slumped by 92 bps to 0.07% in 2020, then plunged by 1072 bps to 0.64% in 2021, then jumped by 155 bps to 0.36% in 2023.
  • The last three Tax Rate figures came in at 0.36% (Q4 2023), 18.6% (Q3 2023), and 0.64% (Q4 2021), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Coinbase Global 48.70 Bn 39.92 Bn 1.16 Bn 9.09%
2 Bullish 5.43 Bn 5.38 Bn 15.53 Mn 0.00%
3 Canton Strategic Holdings 494.45 Mn 494.45 Mn - 27.09%
4 Cypherpunk Technologies 446.07 Mn 446.07 Mn - 4.77%
5 Coincheck 267.10 Mn 165.50 Mn 11.20 Mn 2.70%
6 Exodus Movement 226.48 Mn -128.60 Mn - 14.36%
7 Wewards 214.97 Mn 214.97 Mn - -
8 Usbc 194.07 Mn 190.41 Mn - 20.53%
9 TON Strategy 187.68 Mn 187.66 Mn - -
10 Forum Markets 90.62 Mn 90.62 Mn 398,000.00 -
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2023 0.36%
Sep 30, 2023 18.60%
Dec 31, 2021 -0.64%
Sep 30, 2021 -0.03%
Jun 30, 2021 0.02%
Mar 31, 2021 0.03%
Dec 31, 2020 0.07%
Sep 30, 2020 0.62%
Jun 30, 2020 -1.88%
Mar 31, 2020 0.21%
Dec 31, 2019 0.88%
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%