Netcapital (NCPLW) Tax Rate (2020 - 2024)

Netcapital's Tax Rate history runs 5 years deep, the most recent figure standing at 43.49% for Q1 2024.

• In Q1 2024, Tax Rate rose 1436.0% year-over-year to 43.49%; the TTM figure through Apr 2024 stood at 31.93% (up 951.0% YoY), while the FY2024 annual figure was 31.93%, up 951.0% from the prior year.
• Tax Rate came in at 43.49% for Q1 2024 at Netcapital, up from 2448.33% in the prior quarter.
• In the past five years, Tax Rate ranged from a high of 127.73% in Q3 2022 to a low of 2448.33% in Q4 2023.
• A 5-year average of 139.7% and a median of 26.87% in 2020 frame the typical range for Tax Rate.
• Across the five-year window, Tax Rate soared 9506 bps in 2022 and tumbled 248342 bps in 2023, its largest moves.
• Netcapital's Tax Rate stood at 26.92% in 2020, then jumped by 189 bps to 23.88% in 2021, then surged by 47 bps to 35.09% in 2022, then slumped by 7077 bps to 2448.33% in 2023, then jumped by 102 bps to 43.49% in 2024.
• According to Business Quant data, Tax Rate over the past three periods registered 43.49%, 2448.33%, and 37.82% for Q1 2024, Q4 2023, and Q3 2023 respectively.

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