Innodata Income Tax Expense from 2010 to 2024

INOD Stock  USD 39.76  5.57  16.29%   
Innodata's Income Tax Expense is decreasing over the years with stable fluctuation. Income Tax Expense is expected to dwindle to about 839.1 K. During the period from 2010 to 2024 Innodata Income Tax Expense annual values regression line had geometric mean of  907,672 and mean square error of 1.6 T. View All Fundamentals
 
Income Tax Expense  
First Reported
1993-03-31
Previous Quarter
285 K
Current Value
-5.9 M
Quarterly Volatility
M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Innodata financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Innodata's main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.3 M, Interest Expense of 187.9 K or Total Revenue of 57.1 M, as well as many indicators such as Price To Sales Ratio of 1.76, Dividend Yield of 0.0 or PTB Ratio of 9.35. Innodata financial statements analysis is a perfect complement when working with Innodata Valuation or Volatility modules.
  
Check out the analysis of Innodata Correlation against competitors.
For information on how to trade Innodata Stock refer to our How to Trade Innodata Stock guide.

Latest Innodata's Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of Innodata over the last few years. It is Innodata's Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Innodata's overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense10 Years Trend
Pretty Stable
   Income Tax Expense   
       Timeline  

Innodata Income Tax Expense Regression Statistics

Arithmetic Mean1,247,539
Geometric Mean907,672
Coefficient Of Variation100.37
Mean Deviation686,912
Median1,091,000
Standard Deviation1,252,150
Sample Variance1.6T
Range5.3M
R-Value(0.17)
Mean Square Error1.6T
R-Squared0.03
Significance0.53
Slope(48,776)
Total Sum of Squares22T

Innodata Income Tax Expense History

2024839.1 K
2023M
20221.5 M
2021842 K
2020401 K
20191.1 M
20181.8 M

About Innodata Financial Statements

Innodata stakeholders use historical fundamental indicators, such as Innodata's Income Tax Expense, to determine how well the company is positioned to perform in the future. Although Innodata investors may analyze each financial statement separately, they are all interrelated. For example, changes in Innodata's assets and liabilities are reflected in the revenues and expenses on Innodata's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Innodata. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Tax ExpenseM839.1 K

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Innodata is a strong investment it is important to analyze Innodata's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Innodata's future performance. For an informed investment choice regarding Innodata Stock, refer to the following important reports:
Check out the analysis of Innodata Correlation against competitors.
For information on how to trade Innodata Stock refer to our How to Trade Innodata Stock guide.
You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Is Data Processing & Outsourced Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Innodata. If investors know Innodata will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Innodata listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
50
Earnings Share
0.11
Revenue Per Share
4.764
Quarterly Revenue Growth
1.356
Return On Assets
0.1351
The market value of Innodata is measured differently than its book value, which is the value of Innodata that is recorded on the company's balance sheet. Investors also form their own opinion of Innodata's value that differs from its market value or its book value, called intrinsic value, which is Innodata's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Innodata's market value can be influenced by many factors that don't directly affect Innodata's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Innodata's value and its price as these two are different measures arrived at by different means. Investors typically determine if Innodata is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Innodata's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.