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Finanza.tech SpA (MIL:FTC) Tax Rate % : -55.08% (As of Dec. 2023)


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What is Finanza.tech SpA Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Finanza.tech SpA's Tax Expense for the six months ended in Dec. 2023 was €0.07 Mil. Finanza.tech SpA's Pre-Tax Income for the six months ended in Dec. 2023 was €-0.12 Mil. Therefore, Finanza.tech SpA's Tax Rate % for the quarter that ended in Dec. 2023 was -55.08%.


Finanza.tech SpA Tax Rate % Historical Data

The historical data trend for Finanza.tech SpA'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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Finanza.tech SpA Tax Rate % Chart

Finanza.tech SpA Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
31.73 25.52 0.43 35.22 38.84

Finanza.tech SpA Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Tax Rate % Get a 7-Day Free Trial Premium Member Only 151.72 34.46 34.10 29.07 -55.08

Finanza.tech SpA Tax Rate % Calculation

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

Finanza.tech SpA'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 )
=0.395/1.017
=38.84 %

Finanza.tech SpA'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 )
=0.065/-0.118
=-55.08 %

* 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.


Finanza.tech SpA Tax Rate % Related Terms

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Finanza.tech SpA (MIL:FTC) Business Description

Traded in Other Exchanges
N/A
Address
Via Santa Maria Fulcorina, 19, Milan, ITA, 20123
Finanza.tech SpA is a fintech operator. It provides consultancy activities in extraordinary finance operations and support for ordinary corporate financial management.