MMVVF (MultiMetaVerse Holdings) Tax Rate %: 0.00% (As of Dec. 2023)

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What is MultiMetaVerse Holdings Tax Rate %?

MultiMetaVerse Holdings MMVVF +1,300.00% Tax Rate % is 0.00% as of Dec. 2023.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. MultiMetaVerse Holdings's Tax Expense for the six months ended in Dec. 2023 was $0.00 Mil. MultiMetaVerse Holdings's Pre-Tax Income for the six months ended in Dec. 2023 was $-4.99 Mil. Therefore, MultiMetaVerse Holdings's Tax Rate % for the quarter that ended in Dec. 2023 was 0.00%.

MultiMetaVerse Holdings Tax Rate % Related Terms

MultiMetaVerse Holdings Tax Rate % Historical Data

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The historical data trend for MultiMetaVerse Holdings'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.

MultiMetaVerse Holdings Tax Rate % Chart

MultiMetaVerse Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Tax Rate %
0.00 0.00 0.00 0.00

MultiMetaVerse Holdings Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Tax Rate % Get a 7-Day Free Trial 0.56 0.00 0.00 0.00 0.00

MultiMetaVerse Holdings Tax Rate % Calculation

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

MultiMetaVerse Holdings'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/-28.956
=0.00 %

MultiMetaVerse Holdings'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/-4.992
=0.00 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 0.00% mean?
MultiMetaVerse Holdings (MMVVF) has a Tax Rate % of 0.00% as of Dec. 2023.
Is MultiMetaVerse Holdings' Tax Rate % too high?
MultiMetaVerse Holdings' current Tax Rate % is 0.00%.
How does MultiMetaVerse Holdings' Tax Rate % compare to VRHI and LDSN?
MultiMetaVerse Holdings' Tax Rate % of 0.00% can be compared against companies in the Media - Diversified industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Media - Diversified company?
A good Tax Rate % depends on the Media - Diversified industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. MultiMetaVerse Holdings's current Tax Rate % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MultiMetaVerse Holdings stock overvalued right now?
MultiMetaVerse Holdings (MMVVF) has a current Tax Rate % of 0.00%. The current Tax Rate % is 0.00%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For MultiMetaVerse Holdings (MMVVF), the current Tax Rate % is 0.00% as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

MultiMetaVerse Holdings Business Description

Address 785 Hutai Road, Room 7033, 7th Floor, Tower B, Jingan District, Shanghai, CHN, 200065
MultiMetaVerse Holdings Ltd is an animation and entertainment company. It is devoted to establishing an open community for its global users comprised of animation viewers, game players, and content creators and to providing high-quality and immersive entertainment experiences by way of original content, user-generated content, and professional user-generated content.