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

Socket Mobile (SCKT) has reported Tax Rate for 9 consecutive years, with 1049.59% the latest figure, recorded in Q4 2023.

• Tax Rate for Q4 2023 came in at 1049.59%, up 291081.0% year-over-year; the trailing twelve-month figure through Dec 2023 was 71.98% (up 10419.0% YoY), and the FY2025 annual result was 391.76%, up 41413.0% from the prior year.
• Tax Rate was 1049.59% for Q4 2023 at Socket Mobile, down from 9.67% in the prior quarter.
• Over five years, Tax Rate peaked at 450.24% in Q4 2021 and troughed at 3960.4% in Q4 2022.
• Average Tax Rate over 5 years is 242.72%, with a median of 9.67% recorded in 2023.
• Year-over-year, Tax Rate slumped 441063 bps in 2022 and jumped 291081 bps in 2023.
• Over 5 years, Tax Rate stood at 171.38% in 2019, then slumped by 94 bps to 11.08% in 2020, then soared by 3964 bps to 450.24% in 2021, then tumbled by 980 bps to 3960.4% in 2022, then surged by 73 bps to 1049.59% in 2023.
• Per Business Quant data, the three most recent Tax Rate figures were 1049.59% in Q4 2023, 9.67% in Q3 2023, and 47.86% in Q2 2023.