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Promimic AB (OSTO:PRO) Tax Rate % : -10.09% (As of Mar. 2024)


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What is Promimic AB Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Promimic AB's Tax Expense for the three months ended in Mar. 2024 was kr0.32 Mil. Promimic AB's Pre-Tax Income for the three months ended in Mar. 2024 was kr-3.18 Mil. Therefore, Promimic AB's Tax Rate % for the quarter that ended in Mar. 2024 was -10.09%.


Promimic AB Tax Rate % Historical Data

The historical data trend for Promimic 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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Promimic AB Tax Rate % Chart

Promimic AB Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
- - -0.91 -3.24 -17.96

Promimic AB Quarterly Data
Dec19 Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -9.39 -29.05 -78.40 -12.38 -10.09

Promimic AB Tax Rate % Calculation

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

Promimic AB'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 )
=1.404/-7.819
=-17.96 %

Promimic AB's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2024 )/Pre-Tax Income (Q: Mar. 2024 )
=0.321/-3.18
=-10.09 %

* 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.


Promimic AB Tax Rate % Related Terms

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Promimic AB (OSTO:PRO) Business Description

Traded in Other Exchanges
N/A
Address
c/o AstraZeneca R&D Mölndal, AZ BioVentureHub, Molndal, SWE, 431 83
Promimic AB is a biomaterial company producing a nano-thin surface for all implant materials for faster osseointegration.