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Vitec Software Group AB (FRA:7VS) Tax Rate % : 26.64% (As of Dec. 2024)


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What is Vitec Software Group AB Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Vitec Software Group AB's Tax Expense for the three months ended in Dec. 2024 was €3.1 Mil. Vitec Software Group AB's Pre-Tax Income for the three months ended in Dec. 2024 was €11.5 Mil. Therefore, Vitec Software Group AB's Tax Rate % for the quarter that ended in Dec. 2024 was 26.64%.

Vitec Software Group AB Tax Rate % Historical Data

The historical data trend for Vitec Software Group 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.

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Vitec Software Group AB Tax Rate % Chart

Vitec Software Group AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.60 21.05 21.56 27.50 24.17

Vitec Software Group AB Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 Premium Member Only Premium Member Only Premium Member Only 32.77 25.85 22.15 22.71 26.64

Vitec Software Group AB Tax Rate % Calculation

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

Vitec Software Group AB's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2024 )/Pre-Tax Income (A: Dec. 2024 )
=11.367/47.02
=24.17 %

Vitec Software Group AB's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2024 )/Pre-Tax Income (Q: Dec. 2024 )
=3.052/11.458
=26.64 %

* 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.

Vitec Software Group AB Tax Rate % Related Terms

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Vitec Software Group AB Business Description

Industry
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Traded in Other Exchanges
VIT B:Sweden VITBs:UK 0RDI:UK
Address
Tvistevagen 47A, Umea, SWE, 907 29
Website
https://www.vitecsoftware.com
Vitec Software Group AB is a software company in Vertical Market Software in the Nordic region. The company provides software for the pharmacy market, automotive and machine industry, banks and insurance companies, healthcare companies, real estate agents, and the education sector. Its segments comprise Auto, Energy, Real Estate, Finance and insurance, Environment, Estate Agents, and Education and health.

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