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ContextLogic (MEX:LOGC) Tax Rate % : -11.32% (As of Mar. 2024)


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What is ContextLogic Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. ContextLogic's Tax Expense for the three months ended in Mar. 2024 was MXN100 Mil. ContextLogic's Pre-Tax Income for the three months ended in Mar. 2024 was MXN-880 Mil. Therefore, ContextLogic's Tax Rate % for the quarter that ended in Mar. 2024 was -11.32%.


ContextLogic Tax Rate % Historical Data

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

ContextLogic Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial -0.78 -0.27 -2.85 -0.26 -1.60

ContextLogic Quarterly Data
Dec18 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - -3.90 -3.90 1.45 -11.32

ContextLogic Tax Rate % Calculation

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

ContextLogic'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 )
=84.871/-5295.965
=-1.60 %

ContextLogic's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2024 )/Pre-Tax Income (Q: Mar. 2024 )
=99.578/-879.602
=-11.32 %

* 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.


ContextLogic Tax Rate % Related Terms

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ContextLogic (MEX:LOGC) Business Description

Traded in Other Exchanges
Address
One Sansome Street, 33rd Floor, San Francisco, CA, USA, 94104
ContextLogic Inc is an online shopping store. The store provides personalized products, clothing products, accessories, gaming products and equipment, cosmetics, plastic products, mobile covers, and other products. Geographically, it derives a majority of revenue from Europe and also has a presence in North America; South America, and other countries.

ContextLogic (MEX:LOGC) Headlines

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