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KTYCF (Kits Eyecare) Tax Rate % : 26.51% (As of Dec. 2024)


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What is Kits Eyecare Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Kits Eyecare's Tax Expense for the three months ended in Dec. 2024 was $0.7 Mil. Kits Eyecare's Pre-Tax Income for the three months ended in Dec. 2024 was $2.6 Mil. Therefore, Kits Eyecare's Tax Rate % for the quarter that ended in Dec. 2024 was 26.51%.

Kits Eyecare Tax Rate % Historical Data

The historical data trend for Kits Eyecare'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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Kits Eyecare Tax Rate % Chart

Kits Eyecare Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Tax Rate %
Get a 7-Day Free Trial 7.12 22.43 22.54 23.39 29.99

Kits Eyecare Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 29.75 21.31 52.61 48.68 26.51

Kits Eyecare Tax Rate % Calculation

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

Kits Eyecare'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 )
=0.937/3.124
=29.99 %

Kits Eyecare'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 )
=0.692/2.61
=26.51 %

* 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.

Kits Eyecare Tax Rate % Related Terms

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Kits Eyecare Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Kits Eyecare Ltd (OTCPK:KTYCF) » Definitions » Tax Rate %
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Traded in Other Exchanges
0P3:Germany KITS:Canada
Address
510 Seymour Street, Suite 1020, Vancouver, BC, CAN, V6B 3J5
Website
https://www.kits.com
Kits Eyecare Ltd is a vertically integrated, digitally native eyecare platform that offers its customers access to a vast selection of the highest quality contact lenses and eyeglasses, including its exclusive KITS-designed products, and a suite of online vision tools. It operates a network of optical e-commerce websites, including KITS.com, KITS.ca, OptiContacts.com, and ContactsExpress.ca. The company's contact lens partners include Alcon, Bausch & Lomb, CooperVision, and Johnson & Johnson, and its glasses partners include Gucci, Oakley, Prive Revaux, Ray-Ban and Tom Ford. Its geographic locations are the United States and Canada which generates the majority of its revenue from the United States.