RM (LSE:RM.) Tax Rate % : -8.19% (As of Nov. 2023)

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What is RM Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. RM's Tax Expense for the six months ended in Nov. 2023 was £3.0 Mil. RM's Pre-Tax Income for the six months ended in Nov. 2023 was £-36.8 Mil. Therefore, RM's Tax Rate % for the quarter that ended in Nov. 2023 was -8.19%.

RM Tax Rate % Historical Data

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

RM Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Tax Rate %

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17.72

19.87

39.36

22.60

-5.02

RM Semi-Annual Data
	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Tax Rate %	Get a 7-Day Free Trial															64.28	17.29	25.75	21.51	-8.19

RM Tax Rate % Calculation

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

RM's Tax Rate % for the fiscal year that ended in Nov. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Nov. 2023 )	/	Pre-Tax Income (A: Nov. 2023 )
	=	2.07	/	-41.238
	=	-5.02 %

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

Tax Rate %	=	Tax Expense (Q: Nov. 2023 )	/	Pre-Tax Income (Q: Nov. 2023 )
	=	3.017	/	-36.835
	=	-8.19 %

RM Tax Rate % Related Terms

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RM (LSE:RM.) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » RM PLC (LSE:RM.) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

RMl:UK RM.GB:UK RMP1:Germany

Address

142B Park Drive, Milton Park, Milton, Abingdon, Oxfordshire, GBR, OX14 4SE

Website

https://www.rmplc.com

RM PLC provides resources, software, and services to the education sector. The company is structured into three operating divisions: RM Resources, RM Assessment, and RM Technology. The RM Resources division consists of the operating business of TTS. TTS provides education resources used in schools through a predominantly direct marketing business model. The RM Assessment business provides IT software and services to exam boards and professional bodies to allow e-assessment. RM Technology division focuses on supplying IT software and services to schools and colleges. Its primary geographic markets are the United Kingdom, Europe, North America, Asia, the Middle East, and the Rest of the world.

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