FTWS (Flitways Technology) Tax Rate %: 0.00% (As of Mar. 2019)

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What is Flitways Technology Tax Rate %?

Flitways Technology FTWS -90.00% Tax Rate % is 0.00% as of Mar. 2019.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Flitways Technology's Tax Expense for the three months ended in Mar. 2019 was $0.00 Mil. Flitways Technology's Pre-Tax Income for the three months ended in Mar. 2019 was $-2.04 Mil. Therefore, Flitways Technology's Tax Rate % for the quarter that ended in Mar. 2019 was 0.00%.

Flitways Technology Tax Rate % Related Terms

Flitways Technology Tax Rate % Historical Data

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The historical data trend for Flitways Technology'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.

Flitways Technology Tax Rate % Chart

Flitways Technology Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Tax Rate %
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Flitways Technology Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Sep19
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 0.00 0.00 0.00 0.00 0.00

Flitways Technology Tax Rate % Calculation

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

Flitways Technology's Tax Rate % for the fiscal year that ended in Dec. 2018 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2018 )/Pre-Tax Income (A: Dec. 2018 )
=0/-57.53
=0.00 %

Flitways Technology's Tax Rate % for the quarter that ended in Mar. 2019 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2019 )/Pre-Tax Income (Q: Mar. 2019 )
=0/-2.037
=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?
Flitways Technology (FTWS) has a Tax Rate % of 0.00% as of Mar. 2019.
Is Flitways Technology's Tax Rate % too high?
Flitways Technology's current Tax Rate % is 0.00%.
How does Flitways Technology's Tax Rate % compare to MPAY and YPPN?
Flitways Technology'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. Flitways Technology'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 Flitways Technology stock overvalued right now?
Flitways Technology (FTWS) 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 Flitways Technology (FTWS), the current Tax Rate % is 0.00% as of Mar. 2019. 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.

Flitways Technology Business Description

Address 600 Corporate Pointe, Suite 5500, Culver City, CA, USA, 90230
Flitways Technology Inc is engaged in the business of transportation. Its main mission is to provide both corporate enterprises and their employees and travel resellers and their customers with a complete offering of fully integrated ground transportation solutions for any budget or need. Further, the company has created a software platform to give customers enterprise suite and app-based booking, billing, expense management and real-time monitoring for a simple to use ground transportation offering. It has one operating segment that is on-demand transportation business.