Medinotec Inc. (MDNC) Tax Rate (2022 - 2026)
Medinotec's (MDNC) quarterly Tax Rate came in at 39.08% in Q1 2026, up 8118.0% YoY from 0.48% in Q1 2025, and up 650.32% on a QoQ basis from 5.21% in Q4 2025.
Medinotec Inc. (MDNC) Tax Rate (2022 - 2026) Analysis & Trends
Medinotec (MDNC) has 5 years of Tax Rate data on file, last reported at 39.08% in Q1 2026.
- Quarterly Tax Rate rose 8118.0% year-over-year to 39.08% in Q1 2026, while the trailing twelve-month figure through Feb 2026 was 6.72% (up 2334.0% YoY) and the FY2026 annual result came in at 25.69%, up 290.0% from the prior year.
- Tax Rate grew to 39.08% in Q1 2026, from 5.21% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 230.87% in Q4 2022 to a low of 2109.41% in Q3 2024.
- A 5-year average of 151.04% and a median of 25.4% in 2023 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2024 — Tax Rate sank 207066 bps — and 2025, when it soared 207329 bps.
- Tracing MDNC's Tax Rate over 5 years: stood at 230.87% in 2022, then tumbled by 106 bps to 14.68% in 2023, then surged by 311 bps to 30.94% in 2024, then slumped by 83 bps to 5.21% in 2025, then jumped by 650 bps to 39.08% in 2026.
- The last three Tax Rate figures came in at 39.08% (Q1 2026), 5.21% (Q4 2025), and 36.13% (Q3 2025), per Business Quant data.
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Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2026 | 39.08% |
| Feb 28, 2026 | 39.08% |
| Feb 28, 2026 | 39.08% |
| Nov 30, 2025 | 5.21% |
| Nov 30, 2025 | 5.21% |
| Nov 30, 2025 | 5.21% |
| Aug 31, 2025 | -36.13% |
| Aug 31, 2025 | -36.13% |
| Aug 31, 2025 | -36.13% |
| May 31, 2025 | -100.03% |
| May 31, 2025 | -100.03% |
| May 31, 2025 | -100.03% |
| Feb 28, 2025 | -42.10% |
| Feb 28, 2025 | -42.10% |
| Feb 28, 2025 | -42.10% |
| Nov 30, 2024 | 30.94% |
| Nov 30, 2024 | 30.94% |
| Nov 30, 2024 | 30.94% |
| Aug 31, 2024 | -2,109.41% |
| Aug 31, 2024 | -2,109.41% |