Growth Metrics

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

Historic Tax Rate for Socket Mobile (SCKT) over the last 9 years, with Q4 2023 value amounting to 1049.59%.

  • Socket Mobile's Tax Rate fell 16608500.0% to 1049.59% in Q4 2023 from the same period last year, while for Dec 2023 it was 70.67%, marking a year-over-year increase of 1940800.0%. This contributed to the annual value of 22.38% for FY2024, which is 238900.0% up from last year.
  • As of Q4 2023, Socket Mobile's Tax Rate stood at 1049.59%, which was down 16608500.0% from 9.67% recorded in Q3 2023.
  • Socket Mobile's Tax Rate's 5-year high stood at 611.26% during Q4 2022, with a 5-year trough of 1049.59% in Q4 2023.
  • Over the past 5 years, Socket Mobile's median Tax Rate value was 10.65% (recorded in 2020), while the average stood at 30.33%.
  • Per our database at Business Quant, Socket Mobile's Tax Rate soared by 5384300bps in 2021 and then crashed by -16608500bps in 2023.
  • Socket Mobile's Tax Rate (Quarter) stood at 156.17% in 2019, then tumbled by -93bps to 10.65% in 2020, then soared by 5054bps to 549.08% in 2021, then grew by 11bps to 611.26% in 2022, then plummeted by -272bps to 1049.59% in 2023.
  • Its Tax Rate was 1049.59% in Q4 2023, compared to 9.67% in Q3 2023 and 41.29% in Q2 2023.