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

Socket Mobile has reported Tax Rate for 9 years, with the latest figure at 1049.59% in Q4 2023.

• For the quarter ending Q4 2023, Tax Rate rose 291081.0% year-over-year to 1049.59%; the trailing twelve-month figure through Dec 2023 stood at 71.98% (up 10419.0% YoY), and the FY2025 full-year result was 391.76%, up 41413.0% from the prior year.
• Tax Rate for Q4 2023 stood at 1049.59%, down from 9.67% in the prior quarter.
• The five-year high for Tax Rate was 450.24% in Q4 2021, with the low at 3960.4% in Q4 2022.
• Historically, Tax Rate has averaged 242.72% across 5 years, with a median of 9.67% in 2023.
• Annual changes were most pronounced in 2022 — Tax Rate plunged 441063 bps — and 2023, when it surged 291081 bps.
• Socket Mobile's Tax Rate stood at 171.38% in 2019, then tumbled by 94 bps to 11.08% in 2020, then soared by 3964 bps to 450.24% in 2021, then plunged by 980 bps to 3960.4% in 2022, then surged by 73 bps to 1049.59% in 2023.
• The last three Tax Rate figures came in at 1049.59% (Q4 2023), 9.67% (Q3 2023), and 47.86% (Q2 2023), per Business Quant data.