I-ON Digital (IONI) Tax Rate (2015 - 2022)
I-ON Digital's (IONI) quarterly Tax Rate came in at 2.0% in Q3 2022, up 14568.0% year-over-year from N/an in Q3 2021, and up 133.39% quarter-over-quarter from 5.98% in Q2 2022.
Analysis
I-ON Digital (IONI) Tax Rate (2015 - 2022) Analysis & Trends
I-ON Digital has disclosed Tax Rate across 8 years of filings, most recently posting 2.0% for Q3 2022.
- In Q3 2022, Tax Rate rose 14568.0% year-over-year to 2.0%; the TTM figure through Mar 2023 stood at 4.06% (up 1842.0% YoY), while the FY2023 annual figure was 0.1%, changed N/A from the prior year.
- Tax Rate came in at 2.0% for Q3 2022 at I-ON Digital, up from 5.98% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 39.6% in Q4 2019 to a low of 143.68% in Q3 2021.
- Average Tax Rate over 5 years is 12.06%, with a median of 0.15% recorded in 2019.
- Year-over-year, Tax Rate soared 15499 bps in 2018 and plunged 15146 bps in 2021.
- Over 5 years, Tax Rate stood at 34.53% in 2018, then jumped by 215 bps to 39.6% in 2019, then sank by 53 bps to 18.74% in 2020, then climbed by 30 bps to 24.33% in 2021, then sank by 92 bps to 2.0% in 2022.
- Per Business Quant data, the three most recent Tax Rate figures were 2.0% in Q3 2022, 5.98% in Q2 2022, and 24.33% in Q4 2021.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 48.70 Bn | 39.92 Bn | 1.16 Bn | 9.09% |
| 2 | Bullish | 5.43 Bn | 5.38 Bn | 15.53 Mn | 0.00% |
| 3 | Canton Strategic Holdings | 494.45 Mn | 494.45 Mn | - | 27.09% |
| 4 | Cypherpunk Technologies | 446.07 Mn | 446.07 Mn | - | 4.77% |
| 5 | Coincheck | 267.10 Mn | 165.50 Mn | 11.20 Mn | 2.70% |
| 6 | Exodus Movement | 226.48 Mn | -128.60 Mn | - | 14.36% |
| 7 | Wewards | 214.97 Mn | 214.97 Mn | - | - |
| 8 | Usbc | 194.07 Mn | 190.41 Mn | - | 20.53% |
| 9 | TON Strategy | 187.68 Mn | 187.66 Mn | - | - |
| 10 | I-ON Digital | 3.75 Mn | 3.43 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2022 | 2.00% |
| Jun 30, 2022 | -5.98% |
| Dec 31, 2021 | 24.33% |
| Sep 30, 2021 | -143.68% |
| Jun 30, 2021 | 3.06% |
| Mar 31, 2021 | -17.41% |
| Dec 31, 2020 | 18.74% |
| Sep 30, 2020 | 7.77% |
| Jun 30, 2020 | -64.34% |
| Mar 31, 2020 | 5.04% |
| Dec 31, 2019 | 39.60% |
| Sep 30, 2019 | -34.73% |
| Jun 30, 2019 | -21.37% |
| Mar 31, 2019 | -2.29% |
| Dec 31, 2018 | -34.53% |
| Sep 30, 2018 | 6.29% |
| Jun 30, 2018 | 4.00% |
| Mar 31, 2018 | -3.64% |
| Dec 31, 2017 | -38.48% |
| Sep 30, 2017 | -148.69% |