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Socket Mobile (SCKT) Tax Provisions: 2010-2024

Historic Tax Provisions for Socket Mobile (SCKT) over the last 13 years, with Dec 2024 value amounting to $551,000.

  • Socket Mobile's Tax Provisions rose 101.69% to $1.4 million in Q4 2023 from the same period last year, while for Dec 2023 it was $2.1 million, marking a year-over-year increase of 123.44%. This contributed to the annual value of $551,000 for FY2024, which is 61.84% down from last year.
  • As of FY2024, Socket Mobile's Tax Provisions stood at $551,000, which was down 61.84% from $1.4 million recorded in FY2023.
  • In the past 5 years, Socket Mobile's Tax Provisions registered a high of $1.9 million during FY2021, and its lowest value of $50,578 during FY2020.
  • For the 3-year period, Socket Mobile's Tax Provisions averaged around $901,000, with its median value being $708,000 (2022).
  • As far as peak fluctuations go, Socket Mobile's Tax Provisions crashed by 76.92% in 2020, and later soared by 3,661.97% in 2021.
  • Yearly analysis of 5 years shows Socket Mobile's Tax Provisions stood at $50,578 in 2020, then soared by 3,661.97% to $1.9 million in 2021, then tumbled by 62.79% to $708,000 in 2022, then surged by 103.95% to $1.4 million in 2023, then slumped by 61.84% to $551,000 in 2024.