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CURR (Currenc Group) Tax Rate % : -1.74% (As of Sep. 2024)


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What is Currenc Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Currenc Group's Tax Expense for the three months ended in Sep. 2024 was $0.09 Mil. Currenc Group's Pre-Tax Income for the three months ended in Sep. 2024 was $-4.94 Mil. Therefore, Currenc Group's Tax Rate % for the quarter that ended in Sep. 2024 was -1.74%.

Currenc Group Tax Rate % Historical Data

The historical data trend for Currenc Group'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.

Currenc Group Tax Rate % Chart

Currenc Group Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Tax Rate %
-41.75 -6.21 -0.73 -3.76

Currenc Group Quarterly Data
Dec20 Jun21 Dec21 Jun22 Dec22 Mar23 Sep23 Dec23 Mar24 Sep24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.46 -6.30 -1.74 -2.77 -1.74

Currenc Group Tax Rate % Calculation

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

Currenc Group'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 )
=0.523/-13.894
=-3.76 %

Currenc Group'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 )
=0.086/-4.935
=-1.74 %

* 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.

Currenc Group Tax Rate % Related Terms

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Currenc Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Currenc Group Inc (NAS:CURR) » Definitions » Tax Rate %
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Traded in Other Exchanges
N/A
Address
410 North Bridge Road, SPACES City Hall, Singapore, SGP, 188726
Website
https://investors.currencgroup.com
Currenc Group Inc is a fintech banking platform for e-wallets, financial institutions and merchants world-wide, delivering frictionless interoperable real-time fund transfers and instant messaging.