I-Remit (PHS:I) Tax Rate % : 22.55% (As of Sep. 2024)

View and export this data going back to 2007. Start your Free Trial

What is I-Remit Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. I-Remit's Tax Expense for the three months ended in Sep. 2024 was ₱-17.89 Mil. I-Remit's Pre-Tax Income for the three months ended in Sep. 2024 was ₱-79.31 Mil. Therefore, I-Remit's Tax Rate % for the quarter that ended in Sep. 2024 was 22.55%.

I-Remit Tax Rate % Historical Data

The historical data trend for I-Remit'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.

* Premium members only.

I-Remit Tax Rate % Chart

I-Remit Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

Get a 7-Day Free Trial

77.99

13.19

7.88

15.60

16.74

I-Remit Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Tax Rate %	Get a 7-Day Free Trial															12.07	16.18	16.72	29.87	22.55

I-Remit Tax Rate % Calculation

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

I-Remit'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 )
	=	-74.516	/	-445.206
	=	16.74 %

I-Remit's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2024 )	/	Pre-Tax Income (Q: Sep. 2024 )
	=	-17.888	/	-79.309
	=	22.55 %

I-Remit Tax Rate % Related Terms

Thank you for viewing the detailed overview of I-Remit's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

I-Remit Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » I-Remit Inc (PHS:I) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 25 ADB Avenue, 26th Floor, Discovery Centre, Ortigas Center, Metro Manila, Pasig, QUE, PHL, 1605

Website

https://www.iremitx.com

I-Remit Inc is a Philippine-based firm. The company with its subsidiaries provides fund transfer and remittance services to overseas Filipino workers and other migrant workers. It offers the bank-to-bank facility for online crediting to a bank account, delivers cash remittances to designated beneficiaries, and provides a visa card, a debit, and an automated teller machine card for sending money to their beneficiaries. The company operates in four geographical segments namely, the Philippines which contributes a majority of revenue, Asia Pacific, North America, and Europe segment.

I-Remit Headlines

No Headlines