Multitude SE (LTS:0R4W) Tax Rate % : 13.95% (As of Mar. 2024)

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What is Multitude SE Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Multitude SE's Tax Expense for the three months ended in Mar. 2024 was €0.4 Mil. Multitude SE's Pre-Tax Income for the three months ended in Mar. 2024 was €3.0 Mil. Therefore, Multitude SE's Tax Rate % for the quarter that ended in Mar. 2024 was 13.95%.

Multitude SE Tax Rate % Historical Data

The historical data trend for Multitude SE'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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Multitude SE Tax Rate % Chart

Multitude SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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16.41

19.57

50.85

13.37

13.44

Multitude SE Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															24.80	18.63	16.02	-6.36	13.95

Multitude SE Tax Rate % Calculation

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

Multitude SE'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 )
	=	2.552	/	18.99
	=	13.44 %

Multitude SE's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	0.418	/	2.996
	=	13.95 %

Multitude SE Tax Rate % Related Terms

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Multitude SE (LTS:0R4W) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Multitude SE (LTS:0R4W) » Definitions » Tax Rate %

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FRU:Germany

Address

Ratamestarinkatu 11 A, Helsinki, FIN, 00520

Website

https://www.multitude.com

Multitude SE is a fully regulated growth platform for financial technology. Its ambition is to become a valued financial ecosystem. It is a provider of digital financial services, building a financial ecosystem that transcends the hassle of physical banking and complicated financial transactions into a paperless, borderless, and real-time experience for customers.

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