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Merit Group (LSE:MRIT) Tax Rate % : -35.71% (As of Sep. 2024)


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What is Merit Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Merit Group's Tax Expense for the six months ended in Sep. 2024 was £0.08 Mil. Merit Group's Pre-Tax Income for the six months ended in Sep. 2024 was £-0.22 Mil. Therefore, Merit Group's Tax Rate % for the quarter that ended in Sep. 2024 was -35.71%.


Merit Group Tax Rate % Historical Data

The historical data trend for Merit Group'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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Merit Group Tax Rate % Chart

Merit Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.04 12.50 -7.69 2.41 38.01

Merit Group Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 -71.94 7.93 33.27 45.07 -35.71

Merit Group Tax Rate % Calculation

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

Merit Group's Tax Rate % for the fiscal year that ended in Mar. 2024 is calculated as

Tax Rate %=Tax Expense (A: Mar. 2024 )/Pre-Tax Income (A: Mar. 2024 )
=0.336/0.884
=38.01 %

Merit Group'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 )
=0.08/-0.224
=-35.71 %

* 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.


Merit Group Tax Rate % Related Terms

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Merit Group Business Description

Traded in Other Exchanges
N/A
Address
32 London Bridge Street, 9th Floor, The Shard, London, GBR, SE1 9SG
Merit Group PLC provides data, business, and political intelligence. The group operates through two operating segments namely, Dods and Merit Data and Technology. Dods business segment concentrates on the provision of key information and insights into the political and public policy environments around the UK and the European Union. The Merit Data and Technology segment focuses on the fields of data engineering, machine learning, and artificial intelligence. The company generates the majority of its revenue from the Merit Data & Technology segment. Geographically it operates in the UK, USA, Belgium, Germany, France, and the rest of the world, and the majority of its revenue is generated from the UK.

Merit Group Headlines

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