Betsson AB (OSTO:BETS B) Tax Rate % : 21.47% (As of Mar. 2024)

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What is Betsson AB Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Betsson AB's Tax Expense for the three months ended in Mar. 2024 was kr132 Mil. Betsson AB's Pre-Tax Income for the three months ended in Mar. 2024 was kr617 Mil. Therefore, Betsson AB's Tax Rate % for the quarter that ended in Mar. 2024 was 21.47%.

Betsson AB Tax Rate % Historical Data

The historical data trend for Betsson AB'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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Betsson AB Tax Rate % Chart

Betsson AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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2.93

7.30

7.23

7.95

11.19

Betsson AB 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															10.51	9.98	9.06	15.13	21.47

Betsson AB Tax Rate % Calculation

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

Betsson AB'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 )
	=	243.856	/	2179.041
	=	11.19 %

Betsson AB'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 )
	=	132.405	/	616.756
	=	21.47 %

Betsson AB Tax Rate % Related Terms

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Betsson AB (OSTO:BETS B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Betsson AB (OSTO:BETS B) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

V72:Germany

Address

Regeringsgatan 28, Stockholm, SWE, 111 53

Website

https://www.betssonab.com

Betsson AB is a holding company that invests in and manages companies operating in the online gaming industry. The products consist of casino and sports betting. The largest category of the casino is slots, i.e. virtual slot machines, followed by the live casino, which provides the player with a virtual, real-life-like casino experience with table games broadcast live from the game provider's studio. Company's approximately 20 brands include either the entire product portfolio, such as Betsson, Betsafe and Nordicbet, or just one product, such as Racebets (betting on horses) and Jalla Casino (casino). The brands' services are offered through the proprietary platform that manages payments, customer information, accounts, transactions and a range of games on offer.

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