Socket Mobile (SCKT) Tax Provisions (2015 - 2023)
Socket Mobile's (SCKT) quarterly Tax Provisions came in at -$1.5 million in Q4 2023, down 306.21% on a YoY basis from $708000.0 in Q4 2022, and down 873.33% quarter-over-quarter from -$150000.0 in Q3 2023.
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Socket Mobile (SCKT) Tax Provisions (2015 - 2023) Analysis & Trends
Socket Mobile (SCKT) has reported Tax Provisions for 9 consecutive years, with -$1.5 million the latest figure, recorded in Q4 2023.
- For the quarter ending Q4 2023, Tax Provisions fell 306.21% year-over-year to -$1.5 million; the trailing twelve-month figure through Dec 2023 stood at -$736000.0 (down 178.22% YoY), and the FY2025 full-year result was -$10.7 million, down 2035.28% from the prior year.
- Tax Provisions fell to -$1.5 million in Q4 2023 per SCKT's latest filing, from -$150000.0 in the prior quarter.
- Across five years, Tax Provisions topped out at $3.5 million in Q4 2021 and bottomed at -$1.5 million in Q4 2023.
- Historically, Tax Provisions has averaged $318302.6 across 5 years, with a median of $51378.0 in 2020.
- The sharpest annual moves came in 2021 and 2023: Tax Provisions soared 32600.0% in 2021, then tumbled 306.21% in 2023.
- Over 5 years, Tax Provisions stood at $304158.0 in 2019, then sank by 83.11% to $51378.0 in 2020, then soared by 6724.79% to $3.5 million in 2021, then sank by 79.81% to $708000.0 in 2022, then tumbled by 306.21% to -$1.5 million in 2023.
- According to Business Quant data, Tax Provisions over the past three periods registered -$1.5 million, -$150000.0, and $166000.0 for Q4 2023, Q3 2023, and Q2 2023 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Logitech International | 14.49 Bn | 12.74 Bn | 607.94 Mn | 39.90 Mn |
| 2 | Mynd.ai | 15.25 Mn | 8.21 Mn | - | - |
| 3 | Socket Mobile | 4.30 Mn | 2.70 Mn | 1.41 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | -1.46 Mn |
| Sep 30, 2023 | -150,000.00 |
| Jun 30, 2023 | 166,000.00 |
| Dec 31, 2022 | 708,000.00 |
| Sep 30, 2022 | 116,485.00 |
| Jun 30, 2022 | 40,320.00 |
| Mar 31, 2022 | 76,165.00 |
| Dec 31, 2021 | 3.51 Mn |
| Sep 30, 2021 | 260,000.00 |
| Jun 30, 2021 | 1.86 Mn |
| Mar 31, 2021 | 489.00 |
| Dec 31, 2020 | 51,378.00 |
| Sep 30, 2020 | -800.00 |
| Dec 31, 2019 | 304,158.00 |
| Sep 30, 2019 | -9,611.00 |
| Jun 30, 2019 | -68,749.00 |
| Mar 31, 2019 | 6,670.00 |
| Dec 31, 2018 | -294,675.00 |
| Sep 30, 2018 | 17,582.00 |
| Jun 30, 2018 | -53,707.00 |
API Access
Socket Mobile Tax Provisions API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-provisions&ticker=SCKT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "ticker": "SCKT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-provisions&ticker=SCKT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();