I-Remit (PHS:I) Tax Rate %: 19.49% (As of Sep. 2025)


What is I-Remit Tax Rate %?

I-Remit PHS:I Tax Rate % is 19.49% as of Sep. 2025. The stock has 7 warning signs investors should review.

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. 2025 was ₱-11.36 Mil. I-Remit's Pre-Tax Income for the three months ended in Sep. 2025 was ₱-58.28 Mil. Therefore, I-Remit's Tax Rate % for the quarter that ended in Sep. 2025 was 19.49%.


I-Remit Tax Rate % Related Terms


I-Remit Tax Rate % Historical Data

* Premium members only.

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.

I-Remit Tax Rate % Chart

I-Remit Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.19 7.88 15.60 16.74 19.85

I-Remit Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.55 13.99 12.21 19.69 19.49

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. 2024 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2024 )/Pre-Tax Income (A: Dec. 2024 )
=-89.969/-453.207
=19.85 %

I-Remit's Tax Rate % for the quarter that ended in Sep. 2025 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2025 )/Pre-Tax Income (Q: Sep. 2025 )
=-11.357/-58.276
=19.49 %

* 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 19.49% mean?
I-Remit (PHS:I) has a Tax Rate % of 19.49% as of Sep. 2025.
Is I-Remit's Tax Rate % too high?
I-Remit's current Tax Rate % is 19.49%.
How does I-Remit's Tax Rate % compare to MSFT and ORCL?
I-Remit's Tax Rate % of 19.49% can be compared against companies in the Software 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 Software company?
A good Tax Rate % depends on the Software 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. I-Remit's current Tax Rate % is 19.49%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is I-Remit stock overvalued right now?
I-Remit (PHS:I) has a current Tax Rate % of 19.49%. The stock's GF Value™ is ₱0.07, compared to a current price of ₱0.20 — trading 184.3% above its estimated fair value. The current Tax Rate % is 19.49%. 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 I-Remit (PHS:I), the current Tax Rate % is 19.49% as of Sep. 2025. 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.

I-Remit Business Description

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