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Ratios

Item 9 Labs (INLB) Tax Rate (2019 - 2023)

Item 9 Labs' Tax Rate history spans 3 years, with the latest figure at 0.02% for Q2 2023.

  • For Q2 2023, Tax Rate rose 11.0% year-over-year to 0.02%; the TTM value through Jun 2023 reached 0.04%, up 125.0%, while the annual FY2022 figure was 0.04%, N/A changed from the prior year.
  • Tax Rate reached 0.02% in Q2 2023 per INLB's latest filing, up from 0.11% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 0.02% in Q2 2023 to a low of 22.36% in Q2 2019.
  • Average Tax Rate over 3 years is 4.68%, with a median of 0.1% recorded in 2023.
  • The largest YoY upside for Tax Rate was 11bps in 2023 against a maximum downside of -2bps in 2023.
  • A 3-year view of Tax Rate shows it stood at 22.36% in 2019, then surged by 99bps to 0.12% in 2022, then skyrocketed by 121bps to 0.02% in 2023.
  • Per Business Quant, the three most recent readings for INLB's Tax Rate are 0.02% (Q2 2023), 0.11% (Q1 2023), and 0.12% (Q4 2022).