Socket Mobile (SCKT) Tax Rate (2015 - 2023)

Socket Mobile (SCKT) has 9 years of Tax Rate data on file, last reported at 245.98% in Q4 2023.

• Quarterly Tax Rate rose 6958.0% year-over-year to 245.98% in Q4 2023, while the trailing twelve-month figure through Dec 2023 was 38.79% (up 1783.0% YoY) and the FY2025 annual result came in at 67.79%, up 5198.0% from the prior year.
• Tax Rate grew to 245.98% in Q4 2023, from 6.13% in the prior quarter.
• In the past five years, Tax Rate ranged from a high of 790.32% in Q4 2021 to a low of 90.72% in Q2 2019.
• A 5-year average of 118.13% and a median of 6.66% in 2020 frame the typical range for Tax Rate.
• Annual changes were most pronounced in 2021 — Tax Rate soared 78367 bps — and 2022, when it sank 61392 bps.
• Tracing SCKT's Tax Rate over 5 years: stood at 329.18% in 2019, then tumbled by 98 bps to 6.66% in 2020, then surged by 11773 bps to 790.32% in 2021, then slumped by 78 bps to 176.41% in 2022, then jumped by 39 bps to 245.98% in 2023.
• The last three Tax Rate figures came in at 245.98% (Q4 2023), 6.13% (Q3 2023), and 11.88% (Q2 2023), per Business Quant data.