BioInvent International AB (OSTO:BINV) Tax Rate % : -0.04% (As of Dec. 2024)

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What is BioInvent International AB Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. BioInvent International AB's Tax Expense for the three months ended in Dec. 2024 was kr0.05 Mil. BioInvent International AB's Pre-Tax Income for the three months ended in Dec. 2024 was kr-116.83 Mil. Therefore, BioInvent International AB's Tax Rate % for the quarter that ended in Dec. 2024 was -0.04%.

BioInvent International AB Tax Rate % Historical Data

The historical data trend for BioInvent International AB'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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BioInvent International AB Tax Rate % Chart

BioInvent International AB Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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-0.06

-0.03

BioInvent International AB Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Tax Rate %	Get a 7-Day Free Trial															-0.21	-0.04	-0.02	-0.03	-0.04

BioInvent International AB Tax Rate % Calculation

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

BioInvent International AB's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2024 )	/	Pre-Tax Income (A: Dec. 2024 )
	=	0.135	/	-429.24
	=	-0.03 %

BioInvent International AB's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2024 )	/	Pre-Tax Income (Q: Dec. 2024 )
	=	0.048	/	-116.832
	=	-0.04 %

BioInvent International AB Tax Rate % Related Terms

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BioInvent International AB Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » BioInvent International AB (OSTO:BINV) » Definitions » Tax Rate %

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0H22:UK BIX0:Germany

Address

Ideongatan 1, Lund, SWE, SE-223 70

Website

https://www.bioinvent.com

BioInvent International AB is a clinical-stage biotech company. It discovers and develops novel and first-in-class immuno-modulatory antibodies for cancer therapy, with currently four drug candidates in five ongoing clinical programs in Phase 1/2 trials for the treatment of hematological cancer and solid tumors, respectively. The company's validated, proprietary F.I.R.S.T technology platform identifies both targets and the antibodies that bind to them, generating many new drug candidates to fuel the company's own clinical development pipeline and providing licensing and partnering opportunities. The company's pipeline portfolio comprises BI-1206, an antagonistic blocking antibody for the treatment of non-Hodgkin's lymphoma, and BI-1808 and BI-1910 (anti-TNFR2) for solid cancers.

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