GURUFOCUS.COM » STOCK LIST » Technology » Software » Wise PLC (CHIX:WISEl) » Definitions » Tax Rate %

Wise (CHIX:WISEL) Tax Rate % : 25.71% (As of Sep. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Wise Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Wise's Tax Expense for the six months ended in Sep. 2024 was £75 Mil. Wise's Pre-Tax Income for the six months ended in Sep. 2024 was £293 Mil. Therefore, Wise's Tax Rate % for the quarter that ended in Sep. 2024 was 25.71%.

Wise Tax Rate % Historical Data

The historical data trend for Wise'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.

* Premium members only.

Wise Tax Rate % Chart

Wise Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Tax Rate %
Get a 7-Day Free Trial 26.47 24.82 25.06 22.18 26.34

Wise Semi-Annual Data
Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 27.29 19.43 27.64 25.46 25.71

Wise Tax Rate % Calculation

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

Wise's Tax Rate % for the fiscal year that ended in Mar. 2024 is calculated as

Tax Rate %=Tax Expense (A: Mar. 2024 )/Pre-Tax Income (A: Mar. 2024 )
=126.8/481.4
=26.34 %

Wise's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2024 )/Pre-Tax Income (Q: Sep. 2024 )
=75.2/292.5
=25.71 %

* 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.

Wise Tax Rate % Related Terms

Thank you for viewing the detailed overview of Wise's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

Wise Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Wise PLC (CHIX:WISEl) » Definitions » Tax Rate %
Comparable Companies
LSE:CCC LSE:FDP LSE:FDM LSE:RCN LSE:TRD LSE:KBT LSE:MTEC LSE:GST LSE:TPX LSE:TIA IBM ACN NSE:TCS FI NSE:INFY NSE:HCLTECH CTSH IT FIS BOM:507685
Traded in Other Exchanges
WIZEY:USA WPLCF:USA WISE:UK 6WS:Germany
Address
56 Shoreditch High Street, 6th Floor, Tea Building, London, GBR, E1 6JJ
Website
https://www.wise.com
Wise PLC is a currency conversion platform utilizing a peer-to-peer network to reduce transfer costs. The group focuses primarily on private clients and small and midsize enterprises. By operating local accounts in each jurisdiction Wise sends money to or receives money from, this fintech offers faster and cheaper currency transfer services than incumbents (banks). Wise has started to broaden its product offering, issuing its clients debit cards and allowing customers to invest funds into various asset-management products.

Wise Headlines

No Headlines