Genius Group Ltd (GNS) Tax Rate (2020 - 2023)
Genius (GNS) posted quarterly Tax Rate of 7.91% for Q4 2023, up 919.0% year-over-year from 0.78% in Q4 2022, and up 53.74% quarter-over-quarter from 17.11% in Q4 2022.
Genius Group Ltd (GNS) Tax Rate (2020 - 2023) Analysis & Trends
Genius (GNS) has reported Tax Rate for 4 consecutive years, with 7.91% the latest figure, recorded in Q4 2023.
- In Q4 2023, Tax Rate rose 919.0% year-over-year to 7.91%; the TTM figure through Dec 2023 stood at 0.81% (down 1063.0% YoY), while the FY2024 annual figure was 8.28%, down 760.0% from the prior year.
- Tax Rate climbed to 7.91% in Q4 2023 per GNS's latest filing, from 17.11% in the prior quarter.
- Across five years, Tax Rate topped out at 44.87% in Q4 2021 and bottomed at 17.11% in Q4 2022.
- Historically, Tax Rate has averaged 1.42% across 4 years, with a median of 4.99% in 2021.
- Annual changes were most pronounced in 2021 — Tax Rate soared 5205 bps — and 2022, when it tumbled 6198 bps.
- Genius' Tax Rate stood at 7.18% in 2020, then jumped by 725 bps to 44.87% in 2021, then plunged by 138 bps to 17.11% in 2022, then soared by 54 bps to 7.91% in 2023.
- Business Quant data shows GNS's Tax Rate at 7.91% in Q4 2023, 17.11% in Q4 2022, and 1.36% in Q3 2022.
Peer Comparison
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | -7.91% |
| Dec 31, 2023 | -7.91% |
| Dec 31, 2023 | -7.91% |
| Dec 31, 2022 | -17.11% |
| Dec 31, 2022 | -17.11% |
| Dec 31, 2022 | -17.11% |
| Sep 30, 2022 | -1.36% |
| Sep 30, 2022 | -1.36% |
| Sep 30, 2022 | -1.36% |
| Dec 31, 2021 | 44.87% |
| Dec 31, 2021 | 44.87% |
| Dec 31, 2021 | 44.87% |
| Jun 30, 2021 | -2.81% |
| Jun 30, 2021 | -2.81% |
| Jun 30, 2021 | -2.81% |
| Dec 31, 2020 | -7.18% |
| Dec 31, 2020 | -7.18% |
| Dec 31, 2020 | -7.18% |