GURUFOCUS.COM » STOCK LIST » Technology » Software » Mdf Commerce Inc (OTCPK:MECVF) » Definitions » Tax Rate %

Mdf Commerce (Mdf Commerce) Tax Rate % : 10.54% (As of Dec. 2023)


View and export this data going back to . Start your Free Trial

What is Mdf Commerce Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Mdf Commerce's Tax Expense for the three months ended in Dec. 2023 was $-0.37 Mil. Mdf Commerce's Pre-Tax Income for the three months ended in Dec. 2023 was $-3.48 Mil. Therefore, Mdf Commerce's Tax Rate % for the quarter that ended in Dec. 2023 was 10.54%.

Mdf Commerce Tax Rate % Historical Data

The historical data trend for Mdf Commerce'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.

* Premium members only.

Mdf Commerce Tax Rate % Chart

Mdf Commerce Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.56 20.84 17.57 10.86 0.49

Mdf Commerce Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 7.34 23.64 5.27 20.44 10.54

Mdf Commerce Tax Rate % Calculation

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

Mdf Commerce's Tax Rate % for the fiscal year that ended in Mar. 2023 is calculated as

Tax Rate %=Tax Expense (A: Mar. 2023 )/Pre-Tax Income (A: Mar. 2023 )
=-0.306/-62.431
=0.49 %

Mdf Commerce's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2023 )/Pre-Tax Income (Q: Dec. 2023 )
=-0.367/-3.482
=10.54 %

* 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.

Mdf Commerce Tax Rate % Related Terms

Thank you for viewing the detailed overview of Mdf Commerce's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

Mdf Commerce (Mdf Commerce) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Mdf Commerce Inc (OTCPK:MECVF) » Definitions » Tax Rate %
Comparable Companies
TSX:STC TSX:PAY TSX:HAI TSX:GIVX NEOE:VERS XCNQ:SCPE TSX:MOGO NEOE:BTQ TSX:OPT TSXV:NBVA MSFT ORCL ADBE PANW SNPS CRWD PLTR FTNT SQ XAMS:ADYEN
Traded in Other Exchanges
MDF:Canada
Address
1111 St-Charles Street West, East Tower, Suite 255, Longueuil, QC, CAN, J4K 5G4
Website
https://www.mdfcommerce.com
Mdf Commerce Inc enables the flow of commerce by providing a broad set of SaaS solutions that optimize and accelerate commercial interactions between buyers and sellers. Its platforms and services empower businesses around the world, allowing them to generate billions of dollars in transactions on an annual basis. The company's procurement, e-commerce and e-marketplace platforms are supported by a strong and dedicated team based in Canada, the United States, Denmark, Ukraine, and China.