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QOMO (Qomolangma Acquisition) Tax Rate % : 114.29% (As of Mar. 2024)


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What is Qomolangma Acquisition Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Qomolangma Acquisition's Tax Expense for the three months ended in Mar. 2024 was $0.02 Mil. Qomolangma Acquisition's Pre-Tax Income for the three months ended in Mar. 2024 was $0.02 Mil. Therefore, Qomolangma Acquisition's Tax Rate % for the quarter that ended in Mar. 2024 was 114.29%.

Qomolangma Acquisition Tax Rate % Historical Data

The historical data trend for Qomolangma Acquisition'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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Qomolangma Acquisition Tax Rate % Chart

Qomolangma Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Tax Rate %
- 37.79 150.18

Qomolangma Acquisition Quarterly Data
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 -110.28 41.49 103.41 -260.71 114.29

Qomolangma Acquisition Tax Rate % Calculation

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

Qomolangma Acquisition'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 )
=0.416/0.277
=150.18 %

Qomolangma Acquisition'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 )
=0.024/0.021
=114.29 %

* 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.

Qomolangma Acquisition Tax Rate % Related Terms

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Qomolangma Acquisition Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Qomolangma Acquisition Corp (NAS:QOMO) » Definitions » Tax Rate %
Comparable Companies
AQU CNXX MDWK AASP BNIX MARX BBOE DIST ADCV FRLA AACT ANSC EQV AAM NETD CCIX GPAT ALF MBAV IPXX
Traded in Other Exchanges
N/A
Address
1178 Broadway, 3rd Floor, New York, NY, USA, 10001
Website
Qomolangma Acquisition Corp is a blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities.
Executives
Wolverine Asset Management Llc 10 percent owner 175 WEST JACKSON, SUITE 340, CHICAGO IL 60604
Hao Shen director, officer: Chief Financial Officer 1178 BROADWAY, 3RD FLOOR, NEW YORK NY 10001
Jonathan P Myers director, officer: President and CEO 1178 BROADWAY, 3RD FLOOR, NEW YORK NY 10001
Jialuan Ma director 1178 BROADWAY, 3RD FLOOR, NEW YORK NY 10001
Lin Shi director 1178 BROADWAY, 3RD FLOOR, NEW YORK NY 10001
Yong Seog Jung director 1178 BROADWAY, 3RD FLOOR, NEW YORK NY 10001
Qomolangma Investments Llc 10 percent owner 1178 BROADWAY, 3RD FLOOR, NEW YORK NY 10001
Guojian Zhang 10 percent owner 1178 BROADWAY, 3RD FLOOR, NEW YORK NY 10001