Pierce Group AB (OSTO:PIERCE) Tax Rate % : 125.00% (As of Dec. 2024)

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What is Pierce Group AB Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Pierce Group AB's Tax Expense for the three months ended in Dec. 2024 was kr5 Mil. Pierce Group AB's Pre-Tax Income for the three months ended in Dec. 2024 was kr4 Mil. Therefore, Pierce Group AB's Tax Rate % for the quarter that ended in Dec. 2024 was 125.00%.

Pierce Group AB Tax Rate % Historical Data

The historical data trend for Pierce Group 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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Pierce Group AB Tax Rate % Chart

Pierce Group AB Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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100.00

-11.54

2.04

14.29

Pierce Group 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															3.92	-	7.14	-100.00	125.00

Pierce Group AB Tax Rate % Calculation

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

Pierce Group 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 )
	=	6	/	42
	=	14.29 %

Pierce Group 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 )
	=	5	/	4
	=	125.00 %

Pierce Group AB Tax Rate % Related Terms

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Pierce Group AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Pierce Group AB (OSTO:PIERCE) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Elektravagen 22, Hagersten, SWE, 126 30

Website

https://www.piercegroup.com

Pierce Group AB is an e-commerce company. It sells motorcycle and snowmobile gear, parts, accessories, and streetwear to passionate customers through online stores such as 24MX, XLMOTO, and Sledstore. It has a local online presence in other European markets. It has two larger segments, the Offroad segment which includes sales to motocross and enduro riders; and the Onroad segment which includes sales to high-road riders. In addition, the company has a smaller segment, Other, which focuses on snowmobile riders in the Nordics.

Pierce Group AB Headlines

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