Mynd.ai (MYND) Tax Rate (2016 - 2021)

Mynd.ai (MYND) posted Tax Rate of 453.17% for Q4 2021, down 4287.84% sequentially from 10.82% in Q3 2021, and down 12492.0% YoY from N/an in Q4 2020.

Mynd.ai (MYND) Tax Rate (2016 - 2021) Analysis & Trends

Mynd.ai has reported Tax Rate for 6 years, with the latest figure at 453.17% in Q4 2021.

Quarterly Tax Rate fell 12492.0% year-over-year to 453.17% in Q4 2021, while the trailing twelve-month figure through Dec 2021 was 25.59% (down 2503.0% YoY) and the FY2025 annual result came in at 0.71%, up 19299.0% from the prior year.
Tax Rate eased to 453.17% in Q4 2021 per MYND's latest filing, from 10.82% in the prior quarter.
Over five years, Tax Rate peaked at 93.39% in Q4 2018 and troughed at 453.17% in Q4 2021.
A 5-year average of 27.22% and a median of 20.01% in 2018 frame the typical range for Tax Rate.
The sharpest annual moves came in 2020 and 2021: Tax Rate slumped 40599 bps in 2020, then jumped 16078 bps in 2021.
Over 5 years, Tax Rate stood at 68.16% in 2017, then soared by 37 bps to 93.39% in 2018, then retreated by 17 bps to 77.75% in 2019, then sank by 522 bps to 328.24% in 2020, then sank by 38 bps to 453.17% in 2021.
According to Business Quant data, Tax Rate over the past three periods registered 453.17%, 10.82%, and 22.05% for Q4 2021, Q3 2021, and Q2 2021 respectively.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Tax Rate (Qtr)
1	New Oriental Education & Technology	84.71 Bn	82.71 Bn	812.22 Mn	-29.58%
2	51Talk Online Education	7.32 Bn	7.28 Bn	22.97 Mn	26.65%
3	Laureate Education	5.21 Bn	5.05 Bn	237.67 Mn	37.33%
4	Graham Holdings	4.98 Bn	3.74 Bn	777.03 Mn	11.06%
5	Covista	4.66 Bn	4.66 Bn	284.63 Mn	18.37%
6	Grand Canyon Education	3.78 Bn	3.50 Bn	204.08 Mn	24.65%
7	Stride	3.50 Bn	2.55 Bn	217.28 Mn	21.88%
8	McGraw Hill	2.38 Bn	2.13 Bn	388.89 Mn	4.69%
9	TAL Education	2.28 Bn	-401.26 Mn	227.32 Mn	-115.72%
10	Mynd.ai	174.69 Mn	156.21 Mn	-	-

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