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| Date | Value |
|---|---|
| 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% |