Upay (UPYY) Tax Rate (2023 - 2024)
Upay's (UPYY) quarterly Tax Rate came in at 17.82% in Q1 2024, up 2232.0% year-over-year from 0.76% in Q1 2023, and up 55.61% quarter-over-quarter from 40.15% in Q1 2023.
Analysis
Upay (UPYY) Tax Rate (2023 - 2024) Analysis & Trends
Upay has disclosed Tax Rate across 2 years of filings, most recently posting 17.82% for Q1 2024.
- In Q1 2024, Tax Rate rose 2232.0% year-over-year to 17.82%; the TTM figure through Nov 2024 stood at 4.95% (down 173.0% YoY), while the FY2024 annual figure was 4.9%, up 1028.0% from the prior year.
- Tax Rate came in at 17.82% for Q1 2024 at Upay, up from 40.15% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 17.82% in Q1 2024 to a low of 40.15% in Q1 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Thomson Reuters | 46.10 Bn | 45.06 Bn | - | -11.74% |
| 2 | Docusign | 12.87 Bn | 12.10 Bn | 697.87 Mn | 37.85% |
| 3 | Workiva | 4.15 Bn | 3.33 Bn | 205.27 Mn | 19.71% |
| 4 | Vertex | 2.22 Bn | 1.99 Bn | 131.30 Mn | 320.61% |
| 5 | Clarivate | 1.33 Bn | 1.11 Bn | 401.80 Mn | -3.07% |
| 6 | Donnelley Financial Solutions | 1.26 Bn | 1.23 Bn | 148.00 Mn | 30.13% |
| 7 | Legalzoom.Com | 1.03 Bn | 859.25 Mn | 139.93 Mn | 57.62% |
| 8 | Telos | 358.74 Mn | 308.09 Mn | 16.69 Mn | 6.25% |
| 9 | CS Disco | 276.29 Mn | 174.90 Mn | 32.11 Mn | -1.58% |
| 10 | Upay | 15.85 Mn | 15.76 Mn | 166,942.00 | - |