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

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

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

I-ON Digital (IONI) has 8 years of Tax Rate data on file, last reported at 2.0% in Q3 2022.

  • For the quarter ending Q3 2022, Tax Rate rose 14568.0% year-over-year to 2.0%; the trailing twelve-month figure through Mar 2023 stood at 4.06% (up 1842.0% YoY), and the FY2023 full-year result was 0.1%, changed N/A from the prior year.
  • Tax Rate rose to 2.0% in Q3 2022, from 5.98% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 24.33% in Q4 2021 to a low of 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.
  • Across the five-year window, Tax Rate surged 15499 bps in 2018 and tumbled 15146 bps in 2021, its largest moves.
  • Tracing IONI's Tax Rate over 5 years: stood at 1.61% in 2018, then slumped 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 plunged by 92 bps to 2.0% in 2022.
  • Business Quant data shows IONI's Tax Rate at 2.0% in Q3 2022, 5.98% in Q2 2022, and 24.33% in Q4 2021.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn -29.13%
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -18.42%
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 8.36%
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 39.11%
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 22.57%
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 31.96%
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 23.68%
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn 0.37%
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 21.59%
10 I-ON Digital 6.14 Mn 6.14 Mn - -

Historic Data

Download Data
DateValue
Sep 30, 2022 2.00%
Sep 30, 2022 2.00%
Sep 30, 2022 2.00%
Jun 30, 2022 -5.98%
Jun 30, 2022 -5.98%
Jun 30, 2022 -5.98%
Dec 31, 2021 24.33%
Dec 31, 2021 24.33%
Dec 31, 2021 24.33%
Sep 30, 2021 -143.68%
Sep 30, 2021 -143.68%
Sep 30, 2021 -143.68%
Jun 30, 2021 3.06%
Jun 30, 2021 3.06%
Jun 30, 2021 3.06%
Mar 31, 2021 -17.41%
Mar 31, 2021 -17.41%
Mar 31, 2021 -17.41%
Dec 31, 2020 -5.93%
Dec 31, 2020 -5.93%