Evolution AB (Evolution AB) Tax Rate % : 15.22% (As of Mar. 2024)

View and export this data going back to 2016. Start your Free Trial

What is Evolution AB Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Evolution AB's Tax Expense for the three months ended in Mar. 2024 was $53 Mil. Evolution AB's Pre-Tax Income for the three months ended in Mar. 2024 was $345 Mil. Therefore, Evolution AB's Tax Rate % for the quarter that ended in Mar. 2024 was 15.22%.

Evolution AB Tax Rate % Historical Data

The historical data trend for Evolution 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.

* Premium members only.

Evolution AB Tax Rate % Chart

Evolution AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

Get a 7-Day Free Trial

4.80

4.71

6.50

6.97

6.77

Evolution 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															7.00	6.68	6.75	6.66	15.22

Evolution AB Tax Rate % Calculation

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

Evolution 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 )
	=	84.786	/	1252.57
	=	6.77 %

Evolution 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 )
	=	52.534	/	345.096
	=	15.22 %

Evolution AB Tax Rate % Related Terms

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

Evolution AB (Evolution AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Evolution AB (OTCPK:EVVTY) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

EVGGF:USA EVO:Sweden EVO:Mexico EVOs:UK 0RQ6:UK E3G1:Germany

Address

Hamngatan 11, Stockholm, SWE, SE-111 47

Website

https://www.evolution.com

Evolution AB is a B2B provider of live and slots casino systems. The Company develops, produces, markets, and licenses fully integrated online casino systems to gaming operators. The company provides business-to-business solutions, which it develops and produces for gaming operators. Evolution's primary product, Live Casino, allows a human dealer to run a real-time casino table, which is then streamed to digital devices. Players can then place bets on desktops, smartphones, and tablets and communicate with the dealer through Evolution's software. The company's services are licensed to casino operators. The company generates the vast majority of its revenue from Asia.