MGPPF (Megaport) Tax Rate % : -143.35% (As of Jun. 2024)

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What is Megaport Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Megaport's Tax Expense for the six months ended in Jun. 2024 was $-2.0 Mil. Megaport's Pre-Tax Income for the six months ended in Jun. 2024 was $1.4 Mil. Therefore, Megaport's Tax Rate % for the quarter that ended in Jun. 2024 was -143.35%.

Megaport Tax Rate % Historical Data

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

Megaport Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Tax Rate %

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1.00

10.78

-27.03

1.59

-635.64

Megaport Semi-Annual Data
	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													-54.99	10.15	26.73	647.43	-143.35

Megaport Tax Rate % Calculation

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

Megaport's Tax Rate % for the fiscal year that ended in Jun. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Jun. 2024 )	/	Pre-Tax Income (A: Jun. 2024 )
	=	-5.511	/	0.867
	=	-635.64 %

Megaport'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 )
	=	-2.017	/	1.407
	=	-143.35 %

Megaport Tax Rate % Related Terms

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Megaport Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Megaport Ltd (OTCPK:MGPPF) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

92J:Germany MP1:Australia

Address

825 Ann Street, Level 3, Fortitude Valley, Brisbane, QLD, AUS, 4006

Website

https://www.megaport.com

Megaport is one of the world's largest software-defined network service providers, enabling over 2,800 enterprise customers to connect to over 800 data centers in over 150 cities throughout the world. Megaport's services mostly revolve around enabling enterprises to connect to cloud service providers, like Amazon Web Services, but it also offers services to enable businesses to connect across multiple data centers and to internet exchanges.