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Consolidated Net IncomeEBITEBITDAEBTEPS (Basic)EPS (Weighted Average and Diluted)Gross ProfitIncome from Continuing OperationsIncome towards Parent CompanyInterest ExpensesNet Income towards Common StockholdersOperating ExpensesOperating IncomeOther Operating ExpensesProfit After TaxResearch & DevelopmentRevenueSelling, General & AdministrativeShares OutstandingShares Outstanding (Diluted Average)Shares Outstanding (Weighted Average)
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Ratios

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

Socket Mobile (SCKT) has disclosed Tax Rate for 9 consecutive years, with 1345.8% as the latest value for Q4 2023.

  • For the quarter ending Q4 2023, Tax Rate rose 89534.0% year-over-year to 1345.8%, compared with a TTM value of 76.47% through Dec 2023, up 14760.0%, and an annual FY2024 reading of 25.85%, up 2431.0% over the prior year.
  • Tax Rate was 1345.8% for Q4 2023 at Socket Mobile, up from 41.29% in the prior quarter.
  • Across five years, Tax Rate topped out at 1345.8% in Q4 2023 and bottomed at 41.29% in Q2 2023.
  • Average Tax Rate over 5 years is 166.39%, with a median of 36.04% recorded in 2019.
  • The sharpest move saw Tax Rate plummeted -20374bps in 2022, then surged 89534bps in 2023.
  • Year by year, Tax Rate stood at 156.17% in 2019, then plummeted by -100bps to 0.02% in 2020, then surged by 1233439bps to 245.12% in 2021, then soared by 84bps to 450.46% in 2022, then surged by 199bps to 1345.8% in 2023.
  • Business Quant data shows Tax Rate for SCKT at 1345.8% in Q4 2023, 41.29% in Q2 2023, and 450.46% in Q4 2022.