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FUFU (BitFuFu) Tax Rate % : 15.75% (As of Sep. 2024)


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What is BitFuFu Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. BitFuFu's Tax Expense for the three months ended in Sep. 2024 was $-0.9 Mil. BitFuFu's Pre-Tax Income for the three months ended in Sep. 2024 was $-5.9 Mil. Therefore, BitFuFu's Tax Rate % for the quarter that ended in Sep. 2024 was 15.75%.

BitFuFu Tax Rate % Historical Data

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

BitFuFu Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Tax Rate %
- 17.47 -37.48 17.22 12.44

BitFuFu Quarterly Data
Jun21 Dec21 Jun22 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 18.19 17.16 8.59 15.75 4.96

BitFuFu Tax Rate % Calculation

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

BitFuFu'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 )
=2.183/12.678
=17.22 %

BitFuFu's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2024 )/Pre-Tax Income (Q: Sep. 2024 )
=-0.936/-5.944
=15.75 %

* 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.

BitFuFu Tax Rate % Related Terms

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BitFuFu Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » BitFuFu Inc (NAS:FUFU) » Definitions » Tax Rate %
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Traded in Other Exchanges
N/A
Address
111 North Bridge Road, 15-01 Peninsula Plaza, Singapore, SGP, 179098
Website
https://www.bitfufu.com
BitFuFu Inc is a digital asset mining and cloud-mining service provider that fosters a secure, compliant, and transparent blockchain infrastructure. It provides stable and intelligent digital asset mining solutions, including one-stop cloud-mining services and miner hosting services to institutional customers and individual digital assets.