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Fitell (Fitell) Tax Rate % : 2.95% (As of Dec. 2023)


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What is Fitell Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Fitell's Tax Expense for the six months ended in Dec. 2023 was $-0.08 Mil. Fitell's Pre-Tax Income for the six months ended in Dec. 2023 was $-2.74 Mil. Therefore, Fitell's Tax Rate % for the quarter that ended in Dec. 2023 was 2.95%.

Fitell Tax Rate % Historical Data

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

Fitell Annual Data
Trend Jun21 Jun22 Jun23
Tax Rate %
25.24 94.83 1.61

Fitell Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Tax Rate % Get a 7-Day Free Trial 25.63 9.40 143.70 12.54 2.95

Fitell Tax Rate % Calculation

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

Fitell's Tax Rate % for the fiscal year that ended in Jun. 2023 is calculated as

Tax Rate %=Tax Expense (A: Jun. 2023 )/Pre-Tax Income (A: Jun. 2023 )
=-0.026/-1.619
=1.61 %

Fitell's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2023 )/Pre-Tax Income (Q: Dec. 2023 )
=-0.081/-2.742
=2.95 %

* 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.

Fitell Tax Rate % Related Terms

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Fitell (Fitell) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Fitell Corp (NAS:FTEL) » Definitions » Tax Rate %
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Traded in Other Exchanges
N/A
Address
23-25 Mangrove Lane, Taren Point, NSW, AUS, 2229
Website
https://www.gymdirect.com.au
Fitell Corp engages in primary operations of selling gym and fitness equipment in Australia through its indirectly held wholly owned subsidiaries. It operates in two segments: online fitness equipment distribution and licensing business to service the large and growing boutique fitness sector of the broader health and fitness club industry. The majority fitness equipment business is conducted in Australia via its own e-commerce platform and, through third-party sites. Licensing service offers a turnkey solution for personal training studios and commercial gym chains.