Infant Bacterial Therapeutics AB (Infant Bacterial Therapeutics AB) Tax Rate % : 0.00% (As of Mar. 2024)

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What is Infant Bacterial Therapeutics AB Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Infant Bacterial Therapeutics AB's Tax Expense for the three months ended in Mar. 2024 was $0.00 Mil. Infant Bacterial Therapeutics AB's Pre-Tax Income for the three months ended in Mar. 2024 was $-2.67 Mil. Therefore, Infant Bacterial Therapeutics AB's Tax Rate % for the quarter that ended in Mar. 2024 was 0.00%.

Infant Bacterial Therapeutics AB Tax Rate % Historical Data

The historical data trend for Infant Bacterial Therapeutics AB'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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Infant Bacterial Therapeutics AB Tax Rate % Chart

Infant Bacterial Therapeutics AB Annual Data

Trend

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Tax Rate %

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Infant Bacterial Therapeutics AB Quarterly Data
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Infant Bacterial Therapeutics AB Tax Rate % Calculation

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

Infant Bacterial Therapeutics AB'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 )
	=	0	/	-11.998
	=	0.00 %

Infant Bacterial Therapeutics AB'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 )
	=	0	/	-2.672
	=	0.00 %

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Infant Bacterial Therapeutics AB (Infant Bacterial Therapeutics AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Infant Bacterial Therapeutics AB (GREY:IFTBF) » Definitions » Tax Rate %

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IBT B:Sweden 9IB:Germany

Address

Bryggargatan 10, Stockholm, SWE, 111 21

Website

https://www.ibtherapeutics.com

Infant Bacterial Therapeutics AB is a pharmaceutical company that develops drugs influencing the human infant microbiome, and thereby prevents or treats rare diseases affecting premature infants. It is currently developing its lead drug candidate IBP-9414, to prevent NEC and improve feeding tolerance in premature infants. IBP-9414 contains the active compound Lactobacillus reuteri, which is a human bacterial strain naturally present in breast milk. IBT is further pursuing a second rare disease program IBP-1016 for the treatment of an unmet medical need in gastroschisis, a severe disease in infants.

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