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GIFT (Giftify) Tax Rate % : 15.00% (As of Dec. 2024)


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What is Giftify Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Giftify's Tax Expense for the three months ended in Dec. 2024 was $-0.68 Mil. Giftify's Pre-Tax Income for the three months ended in Dec. 2024 was $-4.51 Mil. Therefore, Giftify's Tax Rate % for the quarter that ended in Dec. 2024 was 15.00%.

Giftify Tax Rate % Historical Data

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

Giftify Annual Data
Trend Aug04 Aug05 May16 May17 May18 Dec19 Dec21 Dec22 Dec23 Dec24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -0.01 -31.58 3.47

Giftify Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 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 3.61 - - - 15.00

Giftify Tax Rate % Calculation

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

Giftify'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 )
=-0.677/-19.509
=3.47 %

Giftify'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 )
=-0.677/-4.513
=15.00 %

* 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.

Giftify Tax Rate % Related Terms

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Giftify Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Giftify Inc (NAS:GIFT) » Definitions » Tax Rate %
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Traded in Other Exchanges
N/A
Address
1100 Woodfield Road, Suite 510, Schaumberg, IL, USA, 60173
Website
https://www.giftifyinc.com
Giftify Inc through its wholly-owned subsidiary, has been in the business of connecting digital consumers, businesses and communities with dining and merchant deal options throughout the United States. The company connects digital consumers, businesses, and communities offering dining and merchant deal options nationwide restaurants, and retailers to customers. The Company buys merchant gift cards from the general public and distributors at a discount and then resells them at a markup.