Medinotec (MDNC) Tax Rate (2022 - 2026)

Medinotec has reported Tax Rate for 5 years, with the latest figure at 70.86% in Q1 2026.

• For the quarter ending Q1 2026, Tax Rate fell 5287.0% year-over-year to 70.86%; the trailing twelve-month figure through Feb 2026 stood at 37.51% (up 3543.0% YoY), and the FY2026 full-year result was 37.29%, down 1291.0% from the prior year.
• Tax Rate for Q1 2026 stood at 70.86%, down from 24.96% in the prior quarter.
• The five-year high for Tax Rate was 230.87% in Q4 2022, with the low at 76.84% in Q1 2024.
• Historically, Tax Rate has averaged 17.56% across 5 years, with a median of 18.51% in 2023.
• Annual changes were most pronounced in 2023 — Tax Rate slumped 24555 bps — and 2024, when it soared 6609 bps.
• Medinotec's Tax Rate stood at 230.87% in 2022, then tumbled by 106 bps to 14.68% in 2023, then jumped by 342 bps to 35.55% in 2024, then sank by 170 bps to 24.96% in 2025, then slumped by 184 bps to 70.86% in 2026.
• The last three Tax Rate figures came in at 70.86% (Q1 2026), 24.96% (Q4 2025), and 36.13% (Q3 2025), per Business Quant data.