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.

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Domo Annual Data

Trend

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Tax Expense

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																-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.

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

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Domo Inc (NAS:DOMO) » Definitions » Tax Expense

Comparable Companies

Traded in Other Exchanges

1ON:Germany

Address

772 East Utah Valley Drive, American Fork, UT, USA, 84003

Website

https://www.domo.com

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