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-on-year from N/an in Q3 2021, and up 133.39% quarter-over-quarter from 5.98% in Q2 2022.
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.
- Tax Rate for Q3 2022 came in at 2.0%, up 14568.0% year-over-year; the trailing twelve-month figure through Mar 2023 was 4.06% (up 1842.0% YoY), and the FY2023 annual result 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.
- The 5-year median for Tax Rate is 2.97% (2019), against an average of 13.44%.
- Across the five-year window, Tax Rate surged 15499 bps in 2018 and sank 15146 bps in 2021, its largest moves.
- I-ON Digital's Tax Rate stood at 34.53% in 2018, then jumped by 215 bps to 39.6% in 2019, then slumped by 115 bps to 5.93% in 2020, then surged by 510 bps to 24.33% in 2021, then tumbled by 92 bps to 2.0% in 2022.
- The last three Tax Rate figures came in at 2.0% (Q3 2022), 5.98% (Q2 2022), and 24.33% (Q4 2021), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | - |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | -18.42% |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 39.11% |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 8.36% |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 22.74% |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 21.59% |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 30.31% |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 23.68% |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 23.50% |
| 10 | I-ON Digital | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2022 | 2.00% |
| Sep 30, 2022 | 2.00% |
| Jun 30, 2022 | -5.98% |
| Jun 30, 2022 | -5.98% |
| Dec 31, 2021 | 24.33% |
| Dec 31, 2021 | 24.33% |
| Sep 30, 2021 | -143.68% |
| Sep 30, 2021 | -143.68% |
| Jun 30, 2021 | 3.06% |
| Jun 30, 2021 | 3.06% |
| Mar 31, 2021 | -17.41% |
| Mar 31, 2021 | -17.41% |
| Dec 31, 2020 | -5.93% |
| Dec 31, 2020 | -5.93% |
| Sep 30, 2020 | 7.77% |
| Sep 30, 2020 | 7.77% |
| Jun 30, 2020 | -64.34% |
| Jun 30, 2020 | -64.34% |
| Mar 31, 2020 | 5.04% |
| Mar 31, 2020 | 5.04% |