Flywire (FRA:9E2) Tax Rate % : -35.10% (As of Mar. 2024)

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What is Flywire Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Flywire's Tax Expense for the three months ended in Mar. 2024 was €1.5 Mil. Flywire's Pre-Tax Income for the three months ended in Mar. 2024 was €-4.2 Mil. Therefore, Flywire's Tax Rate % for the quarter that ended in Mar. 2024 was -35.10%.

Flywire Tax Rate % Historical Data

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

Flywire Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

-2.81

39.23

-8.32

-5.32

-96.82

Flywire Quarterly Data
	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													-12.75	-7.05	6.60	60.09	-35.10

Flywire Tax Rate % Calculation

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

Flywire'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 )
	=	3.864	/	-3.991
	=	-96.82 %

Flywire'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 )
	=	1.486	/	-4.234
	=	-35.10 %

Flywire Tax Rate % Related Terms

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Flywire (FRA:9E2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Flywire Corp (FRA:9E2) » Definitions » Tax Rate %

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Traded in Other Exchanges

FLYW:USA

Address

141 Tremont Street, Suite 10, Boston, MA, USA, 02111

Website

https://www.flywire.com

Flywire Corp provides a secure global payments platform, offering its clients an innovative and streamlined process to receive reconciled domestic and international payments in a more cost-effective and efficient manner. The company's solutions are built on three core elements namely a payments platform; a proprietary global payment network and vertical-specific software backed by its deep industry expertise. Geographically, the majority of revenue is from the Americas.

Flywire (FRA:9E2) Headlines

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