Direct Digital Holdings (Direct Digital Holdings) Tax Rate % : -48.97% (As of Dec. 2023)

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What is Direct Digital Holdings Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Direct Digital Holdings's Tax Expense for the three months ended in Dec. 2023 was $0.40 Mil. Direct Digital Holdings's Pre-Tax Income for the three months ended in Dec. 2023 was $-0.82 Mil. Therefore, Direct Digital Holdings's Tax Rate % for the quarter that ended in Dec. 2023 was -48.97%.

Direct Digital Holdings Tax Rate % Historical Data

The historical data trend for Direct Digital Holdings's Tax Rate % 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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Direct Digital Holdings Tax Rate % Chart

Direct Digital Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

-4.62

-1.34

-4.43

7.28

22.24

Direct Digital Holdings Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Tax Rate %	Get a 7-Day Free Trial										7.28	5.32	5.83	4.72	-48.97

Direct Digital Holdings Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Direct Digital Holdings's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	0.568	/	2.554
	=	22.24 %

Direct Digital Holdings's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	0.403	/	-0.823
	=	-48.97 %

Direct Digital Holdings Tax Rate % Related Terms

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Direct Digital Holdings (Direct Digital Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Direct Digital Holdings Inc (NAS:DRCTW) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

DRCT:USA

Address

1177 West Loop South, Suite 1310, Houston, TX, USA, 77027

Website

https://www.directdigitalholdings.com

Direct Digital Holdings Inc is an end-to-end, full-service programmatic advertising platform primarily focused on providing advertising technology, data-driven campaign optimization and other solutions to underserved and less efficient markets on both the buy- and sell-side of the digital advertising ecosystem.