Netcapital (NCPL) Tax Rate (2020 - 2024)

Netcapital (NCPL) has 5 years of Tax Rate data on file, last reported at 43.49% in Q1 2024.

• Quarterly Tax Rate rose 1436.0% year-over-year to 43.49% in Q1 2024, while the trailing twelve-month figure through Apr 2024 was 31.93% (up 951.0% YoY) and the FY2024 annual result came in at 31.93%, up 951.0% from the prior year.
• Tax Rate rose to 43.49% in Q1 2024 per NCPL's latest filing, from 2448.33% in the prior quarter.
• The five-year high for Tax Rate was 127.73% in Q3 2022, with the low at 2448.33% in Q4 2023.
• Average Tax Rate over 5 years is 139.7%, with a median of 26.87% recorded in 2020.
• Year-over-year, Tax Rate soared 9506 bps in 2022 and slumped 248342 bps in 2023.
• Netcapital's Tax Rate stood at 26.92% in 2020, then soared by 189 bps to 23.88% in 2021, then jumped by 47 bps to 35.09% in 2022, then plunged by 7077 bps to 2448.33% in 2023, then soared by 102 bps to 43.49% in 2024.
• Business Quant data shows NCPL's Tax Rate at 43.49% in Q1 2024, 2448.33% in Q4 2023, and 37.82% in Q3 2023.