Innodata (INOD) Tax Provisions (2010 - 2024)
Innodata (INOD) posted quarterly Tax Provisions of -$5.9 million for Q3 2024, down 1689.3% year-over-year from $374000.0 in Q4 2023, and down 2185.61% quarter-over-quarter from $285000.0 in Q2 2024.
Innodata (INOD) Tax Provisions (2010 - 2024) Analysis & Trends
Innodata's Tax Provisions history runs 15 years deep, the most recent figure standing at -$5.9 million for Q3 2024.
- In Q3 2024, Tax Provisions fell 1689.3% year-over-year to -$5.9 million; the TTM figure through Sep 2024 stood at -$4.7 million (down 694.82% YoY), while the FY2023 annual figure was $1.3 million, changed 0.08% from the prior year.
- Tax Provisions for Q3 2024 stood at -$5.9 million, down from $285000.0 in the prior quarter.
- The five-year high for Tax Provisions was $550000.0 in Q2 2022, with the low at -$5.9 million in Q3 2024.
- The 5-year median for Tax Provisions is $268000.0 (2022), against an average of -$77421.1.
- The sharpest annual moves came in 2023 and 2024: Tax Provisions jumped 4266.67% in 2023, then tumbled 1689.3% in 2024.
- Innodata's Tax Provisions stood at -$103000.0 in 2020, then soared by 229.13% to $133000.0 in 2021, then plunged by 90.98% to $12000.0 in 2022, then surged by 4266.67% to $524000.0 in 2023, then plunged by 1234.35% to -$5.9 million in 2024.
- Business Quant data shows INOD's Tax Provisions at -$5.9 million in Q3 2024, $285000.0 in Q2 2024, and $424000.0 in Q1 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 222.17 Bn | 210.81 Bn | 9.91 Bn | 313.00 Mn |
| 2 | Accenture | 113.08 Bn | 102.91 Bn | 6.13 Bn | 761.94 Mn |
| 3 | Infosys | 48.61 Bn | 48.61 Bn | 1.60 Bn | 343.00 Mn |
| 4 | Cgi | 33.08 Bn | 32.62 Bn | - | 121.97 Mn |
| 5 | Cognizant Technology Solutions | 28.83 Bn | 27.78 Bn | 1.83 Bn | 231.00 Mn |
| 6 | Fidelity National Information Services | 21.35 Bn | 20.61 Bn | 1.17 Bn | 63.00 Mn |
| 7 | Broadridge Financial Solutions | 21.18 Bn | 20.78 Bn | 853.00 Mn | 123.90 Mn |
| 8 | Wipro | 19.66 Bn | 18.59 Bn | 738.00 Mn | -103.00 Mn |
| 9 | Leidos Holdings | 17.81 Bn | 17.07 Bn | 817.00 Mn | 95.00 Mn |
| 10 | Innodata | 2.15 Bn | 1.90 Bn | 42.46 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | -5.94 Mn |
| Jun 30, 2024 | 285,000.00 |
| Mar 31, 2024 | 424,000.00 |
| Dec 31, 2023 | 524,000.00 |
| Sep 30, 2023 | 374,000.00 |
| Jun 30, 2023 | 188,000.00 |
| Mar 31, 2023 | 218,000.00 |
| Dec 31, 2022 | 12,000.00 |
| Sep 30, 2022 | 268,000.00 |
| Jun 30, 2022 | 550,000.00 |
| Mar 31, 2022 | 475,000.00 |
| Dec 31, 2021 | 133,000.00 |
| Sep 30, 2021 | 328,000.00 |
| Jun 30, 2021 | 366,000.00 |
| Mar 31, 2021 | -73,000.00 |
| Dec 31, 2020 | -103,000.00 |
| Sep 30, 2020 | -70,000.00 |
| Jun 30, 2020 | 169,000.00 |
| Mar 31, 2020 | 405,000.00 |
| Dec 31, 2019 | 598,000.00 |