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Loungers (LSE:LGRS) Tax Rate % : 30.44% (As of Oct. 2023)


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What is Loungers Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Loungers's Tax Expense for the six months ended in Oct. 2023 was £1.2 Mil. Loungers's Pre-Tax Income for the six months ended in Oct. 2023 was £3.9 Mil. Therefore, Loungers's Tax Rate % for the quarter that ended in Oct. 2023 was 30.44%.


Loungers Tax Rate % Historical Data

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

Loungers Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22
Tax Rate %
Get a 7-Day Free Trial -9.04 -6.87 13.26 24.32 17.25

Loungers Semi-Annual Data
Apr16 Apr17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 15.22 20.21 13.00 0.82 30.44

Loungers Tax Rate % Calculation

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

Loungers's Tax Rate % for the fiscal year that ended in Apr. 2022 is calculated as

Tax Rate %=Tax Expense (A: Apr. 2022 )/Pre-Tax Income (A: Apr. 2022 )
=3.727/21.605
=17.25 %

Loungers's Tax Rate % for the quarter that ended in Oct. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Oct. 2023 )/Pre-Tax Income (Q: Oct. 2023 )
=1.198/3.936
=30.44 %

* 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.


Loungers Tax Rate % Related Terms

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Loungers (LSE:LGRS) Business Description

Traded in Other Exchanges
Address
26 Baldwin Street, Bristol, GBR, BS1 1SE
Loungers PLC is an operator of cafe bars and restaurants. Geographically, it operates only in the United Kingdom. It generates revenue from the sale of food and drink.

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