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Mynaric AG (FRA:M0YN) Tax Rate % : 0.90% (As of Dec. 2023)


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What is Mynaric AG Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Mynaric AG's Tax Expense for the six months ended in Dec. 2023 was €-0.55 Mil. Mynaric AG's Pre-Tax Income for the six months ended in Dec. 2023 was €-61.64 Mil. Therefore, Mynaric AG's Tax Rate % for the quarter that ended in Dec. 2023 was 0.90%.


Mynaric AG Tax Rate % Historical Data

The historical data trend for Mynaric AG'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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Mynaric AG Tax Rate % Chart

Mynaric AG Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial - - -4.10 0.03 0.59

Mynaric AG Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -6.49 - 0.06 - 0.90

Mynaric AG Tax Rate % Calculation

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

Mynaric AG'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 )
=-0.552/-94.08
=0.59 %

Mynaric AG'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 )
=-0.552/-61.636
=0.90 %

* 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.


Mynaric AG Tax Rate % Related Terms

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Mynaric AG (FRA:M0YN) Business Description

Traded in Other Exchanges
Address
Dornierstrasse 19, Gilching, BY, DEU, 82205
Mynaric AG operates in the communication equipment business sector. The company is engaged in the manufacture and sale of products and projects and the provision of services in the field of laser technology, in particular in the aerospace, telematics, and satellite services sectors. It operates in two segments: Air and Space. The space segment comprises CONDOR terminals, and the Air segment comprises HAWK terminal. The company's product portfolio consists of Optical ground stations, Air-to-ground terminals, Air-to-air terminals, Space terminals, and Custom products and subcomponents. Its applications consist of high-altitude networks, remote eye, satellite constellations, earth observation satellites, and others. Geographically, the majority is from the United States.

Mynaric AG (FRA:M0YN) Headlines

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