PRST (Presto Automation) Tax Rate %: -0.25% (As of Mar. 2024)


What is Presto Automation Tax Rate %?

Presto Automation PRST -99.00% Tax Rate % is -0.25% as of Mar. 2024.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Presto Automation's Tax Expense for the three months ended in Mar. 2024 was $0.05 Mil. Presto Automation's Pre-Tax Income for the three months ended in Mar. 2024 was $-18.05 Mil. Therefore, Presto Automation's Tax Rate % for the quarter that ended in Mar. 2024 was -0.25%.

Presto Automation Tax Rate % Related Terms

Presto Automation Tax Rate % Historical Data

* Premium members only.

The historical data trend for Presto Automation'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.

Presto Automation Tax Rate % Chart

Presto Automation Annual Data
Trend Jun20 Jun21 Jun22 Jun23
Tax Rate %
0.00 -0.05 0.41 -0.03

Presto Automation Quarterly Data
Jun20 Mar21 Jun21 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 Premium Member Only -0.02 0.00 -0.07 0.00 -0.25

Presto Automation Tax Rate % Calculation

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

Presto Automation's Tax Rate % for the fiscal year that ended in Jun. 2023 is calculated as

Tax Rate %=Tax Expense (A: Jun. 2023 )/Pre-Tax Income (A: Jun. 2023 )
=0.009/-34.471
=-0.03 %

Presto Automation'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 )
=0.045/-18.05
=-0.25 %

* 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 -0.25% mean?
Presto Automation (PRST) has a Tax Rate % of -0.25% as of Mar. 2024.
Is Presto Automation's Tax Rate % too high?
Presto Automation's current Tax Rate % is -0.25%.
How does Presto Automation's Tax Rate % compare to BOMO and CRM?
Presto Automation's Tax Rate % of -0.25% 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. Presto Automation's current Tax Rate % is -0.25%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Presto Automation stock overvalued right now?
Presto Automation (PRST) has a current Tax Rate % of -0.25%. The current Tax Rate % is -0.25%. 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 Presto Automation (PRST), the current Tax Rate % is -0.25% as of Mar. 2024. 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.

Presto Automation Business Description

Address 985 Industrial Road, San Carlos, CA, USA, 94070
Presto Automation Inc overlays next-gen digital solutions onto the physical world. It provides an accurate, next-gen solution that uses artificial intelligence to automate speech recognition for restaurant drive-thru. The Company earns substantially all of its revenue in the United States.