Tecnotree (OHEL:TEM1V) Tax Rate % : 19.05% (As of Mar. 2024)

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What is Tecnotree Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Tecnotree's Tax Expense for the three months ended in Mar. 2024 was €0.40 Mil. Tecnotree's Pre-Tax Income for the three months ended in Mar. 2024 was €2.10 Mil. Therefore, Tecnotree's Tax Rate % for the quarter that ended in Mar. 2024 was 19.05%.

Tecnotree Tax Rate % Historical Data

The historical data trend for Tecnotree'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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Tecnotree Tax Rate % Chart

Tecnotree Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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34.44

14.64

14.69

32.92

19.96

Tecnotree 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															33.33	11.90	23.81	13.92	19.05

Tecnotree Tax Rate % Calculation

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

Tecnotree'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 )
	=	2.78	/	13.93
	=	19.96 %

Tecnotree'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 )
	=	0.4	/	2.1
	=	19.05 %

Tecnotree Tax Rate % Related Terms

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Tecnotree (OHEL:TEM1V) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Tecnotree Corp (OHEL:TEM1V) » Definitions » Tax Rate %

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Traded in Other Exchanges

3TT:Germany

Address

Tekniikantie 14, Espoo, FIN, 02150

Website

https://www.tecnotree.com

Tecnotree Corp is a provider of information technology solutions for the management of services, products, customers, and revenue for communications service providers. Its product offerings consist of partner and customer lifecycle management, digital marketplace, business analytics, real-time convergent billing, and order management. Geographically, the company operates in Europe and Americas (Europe, North, Central and South America), MEA and APAC (the Middle East and Africa and the Asia Pacific ). It derives key revenue from the MEA and APAC geographical division.

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