Fact (FCTI) Tax Rate %: 0.00% (As of Oct. 2021)

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What is Fact Tax Rate %?

Fact FCTI -99.50% Tax Rate % is 0.00% as of Oct. 2021.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Fact's Tax Expense for the three months ended in Oct. 2021 was $0.00 Mil. Fact's Pre-Tax Income for the three months ended in Oct. 2021 was $-0.82 Mil. Therefore, Fact's Tax Rate % for the quarter that ended in Oct. 2021 was 0.00%.

Fact Tax Rate % Related Terms

Fact Tax Rate % Historical Data

* Premium members only.

The historical data trend for Fact'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.

Fact Tax Rate % Chart

Fact Annual Data
Trend Jan18 Jan19 Jan20 Jan21
Tax Rate %
0.00 0.00 0.00 0.00

Fact Quarterly Data
Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21
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 Premium Member Only 0.00 0.00 0.00 0.00 0.00

Fact Tax Rate % Calculation

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

Fact's Tax Rate % for the fiscal year that ended in Jan. 2021 is calculated as

Tax Rate %=Tax Expense (A: Jan. 2021 )/Pre-Tax Income (A: Jan. 2021 )
=0/-1.261
=0.00 %

Fact's Tax Rate % for the quarter that ended in Oct. 2021 is calculated as

Tax Rate %=Tax Expense (Q: Oct. 2021 )/Pre-Tax Income (Q: Oct. 2021 )
=0/-0.824
=0.00 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 0.00% mean?
Fact (FCTI) has a Tax Rate % of 0.00% as of Oct. 2021.
Is Fact's Tax Rate % too high?
Fact's current Tax Rate % is 0.00%.
How does Fact's Tax Rate % compare to DIGAF and NDVN?
Fact's Tax Rate % of 0.00% can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Software company?
A good Tax Rate % depends on the Software industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Fact's current Tax Rate % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fact stock overvalued right now?
Fact (FCTI) has a current Tax Rate % of 0.00%. The current Tax Rate % is 0.00%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Fact (FCTI), the current Tax Rate % is 0.00% as of Oct. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Fact Business Description

Address 2 Toronto street, Suite 231, Toronto, ON, CAN, M5C 2B5
Fact Inc is a forensic technology company. The company uses forensic technology to validate the authenticity of artworks and paintings. The technology helps to verify whether art is an original or a forgery.