I-ON Digital (IONI) Tax Rate (2015 - 2022)

I-ON Digital (IONI) posted Tax Rate of 2.0% for Q3 2022, up 133.39% sequentially from 5.98% in Q2 2022, and up 14568.0% YoY from N/an in Q3 2021.

I-ON Digital (IONI) Tax Rate (2015 - 2022) Analysis & Trends

I-ON Digital has reported Tax Rate for 8 years, with the latest figure at 2.0% in Q3 2022.

Quarterly Tax Rate rose 14568.0% year-over-year to 2.0% in Q3 2022, while the trailing twelve-month figure through Mar 2023 was 4.06% (up 1842.0% YoY) and the FY2023 annual result came in at 0.1%, changed N/A from the prior year.
Tax Rate rose to 2.0% in Q3 2022 per IONI's latest filing, from 5.98% in the prior quarter.
Over five years, Tax Rate peaked at 24.33% in Q4 2021 and troughed at 143.68% in Q3 2021.
A 5-year average of 14.68% and a median of 2.97% in 2019 frame the typical range for Tax Rate.
The sharpest annual moves came in 2018 and 2021: Tax Rate jumped 15499 bps in 2018, then sank 15146 bps in 2021.
Over 5 years, Tax Rate stood at 1.61% in 2018, then sank by 880 bps to 15.78% in 2019, then soared by 62 bps to 5.93% in 2020, then jumped by 510 bps to 24.33% in 2021, then tumbled by 92 bps to 2.0% in 2022.
According to Business Quant data, Tax Rate over the past three periods registered 2.0%, 5.98%, and 24.33% for Q3 2022, Q2 2022, and Q4 2021 respectively.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Tax Rate (Qtr)
1	Sap Se	255.48 Bn	234.41 Bn	16.51 Bn	-27.76%
2	Shopify	198.95 Bn	194.00 Bn	1.71 Bn	15.38%
3	Salesforce	160.70 Bn	148.86 Bn	8.56 Bn	22.57%
4	Uber Technologies	154.94 Bn	149.73 Bn	6.38 Bn	25.63%
5	ServiceNow	128.25 Bn	123.58 Bn	2.82 Bn	31.96%
6	Snowflake	114.00 Bn	111.05 Bn	926.45 Mn	0.37%
7	Automatic Data Processing	108.58 Bn	104.35 Bn	2.51 Bn	22.20%
8	Adobe	105.34 Bn	99.72 Bn	5.90 Bn	23.50%
9	Intuit	94.55 Bn	87.77 Bn	7.24 Bn	24.29%
10	I-ON Digital	5.12 Mn	5.12 Mn	-	-

Download Data