Mynd.ai (MYND) Tax Rate (2016 - 2021)
Mynd.ai's (MYND) quarterly Tax Rate came in at 108.27% in Q4 2021, up 43651.0% year-on-year from N/an in Q4 2020, and up 900.56% quarter-over-quarter from 10.82% in Q3 2021.
Mynd.ai (MYND) Tax Rate (2016 - 2021) Analysis & Trends
Mynd.ai has disclosed Tax Rate across 6 years of filings, most recently posting 108.27% for Q4 2021.
- Tax Rate for Q4 2021 came in at 108.27%, up 43651.0% year-over-year; the trailing twelve-month figure through Dec 2021 was 49.26% (up 4981.0% YoY), and the FY2025 annual result was 0.71%, up 19299.0% from the prior year.
- Tax Rate came in at 108.27% for Q4 2021 at Mynd.ai, up from 10.82% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 108.27% in Q4 2021 to a low of 328.24% in Q4 2020.
- The 5-year median for Tax Rate is 23.55% (2017), against an average of 2.59%.
- Across the five-year window, Tax Rate slumped 40599 bps in 2020 and jumped 43651 bps in 2021, its largest moves.
- Mynd.ai's Tax Rate stood at 68.16% in 2017, then jumped by 37 bps to 93.39% in 2018, then declined by 17 bps to 77.75% in 2019, then sank by 522 bps to 328.24% in 2020, then soared by 133 bps to 108.27% in 2021.
- The last three Tax Rate figures came in at 108.27% (Q4 2021), 10.82% (Q3 2021), and 22.05% (Q2 2021), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | 51Talk Online Education | 7.03 Bn | 6.99 Bn | 22.18 Mn | 11.20% |
| 2 | Laureate Education | 5.22 Bn | 5.06 Bn | -16.39 Mn | 20.92% |
| 3 | Graham Holdings | 5.09 Bn | 4.08 Bn | 841.00 Mn | 24.35% |
| 4 | Covista | 4.40 Bn | 4.40 Bn | 276.31 Mn | 25.61% |
| 5 | Stride | 4.17 Bn | 3.36 Bn | 231.57 Mn | 26.13% |
| 6 | Grand Canyon Education | 3.94 Bn | 3.69 Bn | 244.77 Mn | 23.49% |
| 7 | McGraw Hill | 2.19 Bn | 1.94 Bn | 388.89 Mn | 4.69% |
| 8 | Universal Technical Institute | 2.14 Bn | 1.97 Bn | 103.97 Mn | -26.11% |
| 9 | Perdoceo Education | 2.13 Bn | 1.45 Bn | 174.68 Mn | 20.81% |
| 10 | Mynd.ai | 172.91 Mn | 154.43 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2021 | 108.27% |
| Dec 31, 2021 | 108.27% |
| Sep 30, 2021 | 10.82% |
| Sep 30, 2021 | 10.82% |
| Jun 30, 2021 | 22.05% |
| Jun 30, 2021 | 22.05% |
| Mar 31, 2021 | -51.33% |
| Mar 31, 2021 | -51.33% |
| Dec 31, 2020 | -328.24% |
| Dec 31, 2020 | -328.24% |
| Sep 30, 2020 | -149.96% |
| Sep 30, 2020 | -149.96% |
| Jun 30, 2020 | -4.35% |
| Jun 30, 2020 | -4.35% |
| Mar 31, 2020 | -16.30% |
| Mar 31, 2020 | -16.30% |
| Dec 31, 2019 | 77.75% |
| Dec 31, 2019 | 77.75% |
| Jun 30, 2019 | 33.58% |
| Jun 30, 2019 | 33.58% |