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MFI (mF International) Tax Rate % : 13.82% (As of Jun. 2024)


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What is mF International Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. mF International's Tax Expense for the six months ended in Jun. 2024 was $-0.11 Mil. mF International's Pre-Tax Income for the six months ended in Jun. 2024 was $-0.83 Mil. Therefore, mF International's Tax Rate % for the quarter that ended in Jun. 2024 was 13.82%.

mF International Tax Rate % Historical Data

The historical data trend for mF International'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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mF International Tax Rate % Chart

mF International Annual Data
Trend Dec21 Dec22 Dec23
Tax Rate %
3.98 5.40 2.19

mF International Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Tax Rate % Get a 7-Day Free Trial 5.12 5.80 7.21 -0.53 13.82

mF International Tax Rate % Calculation

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

mF International'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 )
=0.019/0.868
=2.19 %

mF International'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 )
=-0.114/-0.825
=13.82 %

* 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.

mF International Tax Rate % Related Terms

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mF International Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » mF International Ltd (NAS:MFI) » Definitions » Tax Rate %
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Traded in Other Exchanges
N/A
Address
77-79 Gloucester Road, Unit 1801, Fortis Tower, Wan Chai, Hong Kong, HKG
Website
https://www.m-finance.com
mF International Ltd is a holding company and all of its operations are carried out by Operating Subsidiaries in Hong Kong. It is a financial trading solution provider principally engaged in the development and provision of financial trading solutions. It has experience in providing real-time mission-critical forex, bullion/commodities trading platform solutions, financial value-added services, mobile applications, and financial information for brokers and institutional clients via internet or platform as software as a service. The company has provided a wide range of top-notch services, including mF4 Trading Platform, Bridge and Plugins, CRM System, ECN System, Liquidity Solutions, Cross-platform Broker Plus Solution, Social Trading Applications and others.