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Domo (NAS:DOMO) Tax Expense

: $1.2 Mil (TTM As of Jan. 2023)
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Domo's tax expense for the months ended in Jan. 2023 was $0.6 Mil. Its tax expense for the trailing twelve months (TTM) ended in Jan. 2023 was $1.2 Mil.


Domo Tax Expense Historical Data

The historical data trend for Domo's Tax Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Domo Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Tax Expense
Premium Member Only Premium Member Only 1.25 0.75 0.41 -0.46 1.18

Domo Quarterly Data
Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23
Tax Expense Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.55 0.19 0.21 0.17 0.61

Domo Tax Expense Calculation

Tax paid by the company. It is computed in by multiplying the income before tax number, as reported to shareholders, by the appropriate tax rate. In reality, the computation is typically considerably more complex due to things such as expenses considered not deductible by taxing authorities ("add backs"), the range of tax rates applicable to various levels of income, different tax rates in different jurisdictions, multiple layers of tax on income, and other issues.

Tax Expense for the trailing twelve months (TTM) ended in Jan. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.2 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Domo  (NAS:DOMO) Tax Expense Explanation

In the long run, income before tax and taxable income will likely be more similar than they are in any given period. If the one is less in earlier years, then it will be greater in later years. Deferred taxes will reverse themselves in the long run and in total will zero out, unless there is something like a change in tax rates in the intervening period. A deferred tax payable results from a tax break in the early years and will reverse itself in later years; a deferred tax receivable results from more taxes being paid in early years than the tax expense reported to shareholders and will again reverse itself in later years. The deferred tax amount is computed by estimating the amount and the timing of the reversal and multiplying that by the appropriate tax rates.


Domo Tax Expense Related Terms

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Domo (NAS:DOMO) Business Description

Domo logo
Traded in Other Exchanges
Address
772 East Utah Valley Drive, American Fork, UT, USA, 84003
Domo Inc provides a cloud-based platform that digitally connects all the data, systems and people in an organization, giving them access to real-time data and insights and allowing them to manage their business from their smartphones. The company offers a platform to its customers as a subscription-based service. Users receive notifications on any device and immediately act on the invitation, after which the system can write back to the original system of record. The company derives revenue primarily from subscriptions to its cloud-based platform and professional services.
Executives
Joshua G James 10 percent owner 550 E TIMPANOGOS CIRCLE, OREM UT 84057
John M Mellor officer: CEO C/O DOMO, INC., 772 EAST UTAH VALLEY DRIVE, AMERICAN FORK UT 84003
John R Pestana director C/O DOMO, INC., 772 EAST UTAH VALLEY DRIVE, AMERICAN FORK WA 84003
Brown Laurence B Jr director C/O SKULLCANDY, INC., 1441 WEST UTE BOULEVARD, SUITE 250, PARK CITY UT 84098
Joy Driscoll Durling director 772 UTAH VALLEY DRIVE, AMERICAN FORK UT 84003
Jeff Kearl director C/O SKULLCANDY, INC., 1441 WEST UTE BLVD., SUITE 250, PARK CITY UT 84908
Daniel Daniel David Iii director 772 UTAH VALLEY DRIVE, AMERICAN FORK UT 84003
Matt Cohler director 2480 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
Carine S. Clark director 772 UTAH VALLEY DRIVE, AMERICAN FORK UT 84003
Catherine Wong officer: CPO, EVP of Engineering C/O DOMO, INC., 772 EAST UTAH VALLEY DRIVE, AMERICAN FORK UT 84003
Felt Bruce C. Jr. officer: Chief Financial Officer C/O SUCCESSFACTORS, INC., 1500 FASHION ISLAND BLVD., SUITE 300, SAN MATEO CA 94404
Nehal Raj director C/O TPG GLOBAL, LLC, 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
D Fraser Bullock director C/O SORENSON CAPITAL, 3098 W PARKWAY, SUITE 200, LEHI UT 84043
Mark Gorenberg director ONE LOMBARD STREET, SAN FRANCISCO CA 94111
Cocolalla, Llc 10 percent owner C/O OMNITURE INC, 550 E TIMPANOGOS CIRCLE, OREM UT 84097

Domo (NAS:DOMO) Headlines

Other Sources

Domo Joins the Amazon SageMaker Ready Program

By Yahoo Finance 2022-12-01