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Consolidated Net IncomeCost of RevenueEBITEBITDAEBTEPS (Basic)EPS (Weighted Average and Diluted)Gross ProfitIncome from Continuing OperationsIncome towards Parent CompanyInterest ExpensesInterest ExpensesNet Income towards Common StockholdersOperating ExpensesOperating IncomeOther Operating ExpensesProfit After TaxResearch & DevelopmentRevenueSelling, General & AdministrativeShares OutstandingShares Outstanding (Diluted Average)Shares Outstanding (Weighted Average)Tax ProvisionsTax RateTax Rate
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Socket Mobile (SCKT) Tax Rate (2016 - 2023)

Socket Mobile's Tax Rate history spans 9 years, with the latest figure at 1049.59% for Q4 2023.

  • For Q4 2023, Tax Rate fell 150005.0% year-over-year to 1049.59%; the TTM value through Dec 2023 reached 71.57%, up 18867.0%, while the annual FY2025 figure was 331.31%, 35716.0% up from the prior year.
  • Tax Rate reached 1049.59% in Q4 2023 per SCKT's latest filing, down from 9.67% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 549.08% in Q4 2021 to a low of 1049.59% in Q4 2023.
  • Average Tax Rate over 5 years is 20.82%, with a median of 9.67% recorded in 2023.
  • Peak YoY movement for Tax Rate: soared 54566bps in 2021, then tumbled -150005bps in 2023.
  • A 5-year view of Tax Rate shows it stood at 156.17% in 2019, then tumbled by -98bps to 3.42% in 2020, then soared by 15968bps to 549.08% in 2021, then fell by -18bps to 450.46% in 2022, then plummeted by -333bps to 1049.59% in 2023.
  • Per Business Quant, the three most recent readings for SCKT's Tax Rate are 1049.59% (Q4 2023), 9.67% (Q3 2023), and 41.29% (Q2 2023).