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CONX (CONXU) Tax Rate % : 8.51% (As of Jun. 2024)


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What is CONX Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. CONX's Tax Expense for the three months ended in Jun. 2024 was $0.42 Mil. CONX's Pre-Tax Income for the three months ended in Jun. 2024 was $4.97 Mil. Therefore, CONX's Tax Rate % for the quarter that ended in Jun. 2024 was 8.51%.

CONX Tax Rate % Historical Data

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

CONX Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Tax Rate %
- 0.09 4.77 -1.10

CONX Quarterly Data
Aug20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - -1.27 -0.42 8.51

CONX Tax Rate % Calculation

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

CONX'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 )
=0.065/-5.929
=-1.10 %

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

Tax Rate %=Tax Expense (Q: Jun. 2024 )/Pre-Tax Income (Q: Jun. 2024 )
=0.423/4.968
=8.51 %

* 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.

CONX Tax Rate % Related Terms

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CONX Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » CONX Corp (NAS:CONXU) » Definitions » Tax Rate %
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Traded in Other Exchanges
CNXX:USA
Address
5701 South Santa Fe Drive, Littleton, CO, USA, 80120
Website
CONX Corp is a shell company.
Executives
Jericho Capital Asset Management L.p. 10 percent owner 510 MADISON AVENUE, 27TH FLOOR, NEW YORK NY 10022
Josh Resnick 10 percent owner 510 MADISON AVENUE, 27TH FLOOR, NEW YORK NY 10022
Louis M Bacon 10 percent owner 11 TIMES SQUARE, 39TH FLOOR, MOORE CAPITAL MANAGEMENT LP, NEW YORK NY 10036
Moore Capital Advisors Llc 10 percent owner 11 TIMES SQUARE, 39TH FLOOR, NEW YORK NY 10036
Moore Capital Management, Lp 10 percent owner 11 TIMES SQUARE, 39TH FLOOR, NEW YORK NY 10036
Mmf Lt, Llc 10 percent owner C/O MOORE CAPITAL MANAGEMENT, LP, 11 TIMES SQUARE, NEW YORK NY 10036
Moore Global Investments, Llc 10 percent owner C/O MOORE CAPITAL MANAGEMENT, LP, 11 TIMES SQUARE, NEW YORK NY 10036
David K Moskowitz director C/O CONX CORP., 5701 S. SANTA FE DR., LITTLETON CO 80120
Adrian Steckel director 5701 S. SANTA FE DR., LITTLETON CO 80120
Charles W Ergen director, 10 percent owner, officer: Chairman 9601 S. MERIDIAN BLVD., ENGLEWOOD CO 80112
Gerald Gorman director 5701 S. SANTA FE DR., LITTLETON CO 80120
Nxgen Opportunities, Llc 10 percent owner 5701 S. SANTA FE DR., LITTLETON CO 80120
Kyle Jason Kiser director, officer: CEO, President & Director 5701 S. SANTA FE DR., LITTLETON CO 80120