Quartix Technologies (LSE:QTX) Tax Rate % : 19.32% (As of Jun. 2024)

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What is Quartix Technologies Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Quartix Technologies's Tax Expense for the six months ended in Jun. 2024 was £0.52 Mil. Quartix Technologies's Pre-Tax Income for the six months ended in Jun. 2024 was £2.70 Mil. Therefore, Quartix Technologies's Tax Rate % for the quarter that ended in Jun. 2024 was 19.32%.

Quartix Technologies Tax Rate % Historical Data

The historical data trend for Quartix Technologies'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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Quartix Technologies Tax Rate % Chart

Quartix Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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16.14

16.45

7.74

8.79

15.69

Quartix Technologies Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Tax Rate %	Get a 7-Day Free Trial															11.22	6.67	15.48	15.55	19.32

Quartix Technologies Tax Rate % Calculation

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

Quartix Technologies'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 )
	=	-0.169	/	-1.077
	=	15.69 %

Quartix Technologies's Tax Rate % for the quarter that ended in Jun. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Jun. 2024 )	/	Pre-Tax Income (Q: Jun. 2024 )
	=	0.521	/	2.696
	=	19.32 %

Quartix Technologies Tax Rate % Related Terms

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Quartix Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Quartix Technologies PLC (LSE:QTX) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Castle Park, Sheraton House, Cambridge, GBR, CB3 0AX

Website

https://www.quartix.net

Quartix Technologies PLC is a supplier of vehicle telematics services. It has two reportable segments: Insurance and Total Fleet operations. The Total Fleet segment has been sub-divided into two further categories. Customer Acquisition includes sales and marketing costs of acquiring new fleet customers and the cost associated with units installed for those customers. Fleet Telematics Services includes recurring revenue associated with the group's active subscription base and the cost of servicing that subscription base. The main source of revenue for all segments is from the provision of vehicle telematics services. The group's revenue by geographical markets is highest in the UK, followed by France, the US, and other European territories.

Quartix Technologies Headlines

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