Growth Metrics

Socket Mobile (SCKT) Tax Provisions (2016 - 2023)

Historic Tax Provisions for Socket Mobile (SCKT) over the last 9 years, with Q4 2023 value amounting to $1.4 million.

  • Socket Mobile's Tax Provisions rose 10169.49% to $1.4 million in Q4 2023 from the same period last year, while for Dec 2023 it was $2.2 million, marking a year-over-year increase of 12870.02%. This contributed to the annual value of $551000.0 for FY2024, which is 6184.21% down from last year.
  • Latest data reveals that Socket Mobile reported Tax Provisions of $1.4 million as of Q4 2023, which was up 10169.49% from -$150000.0 recorded in Q3 2023.
  • Socket Mobile's Tax Provisions' 5-year high stood at $3.5 million during Q4 2021, with a 5-year trough of -$150000.0 in Q3 2023.
  • Moreover, its 5-year median value for Tax Provisions was $76165.0 (2022), whereas its average is $488185.0.
  • Its Tax Provisions has fluctuated over the past 5 years, first skyrocketed by 3260000.0% in 2021, then plummeted by 22877.19% in 2023.
  • Socket Mobile's Tax Provisions (Quarter) stood at $304158.0 in 2019, then tumbled by 83.11% to $51378.0 in 2020, then soared by 6724.79% to $3.5 million in 2021, then tumbled by 79.81% to $708000.0 in 2022, then skyrocketed by 101.69% to $1.4 million in 2023.
  • Its last three reported values are $1.4 million in Q4 2023, -$150000.0 for Q3 2023, and $166000.0 during Q2 2023.