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1CM (STU:IQ70) Tax Rate % : 57.14% (As of May. 2024)


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What is 1CM Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. 1CM's Tax Expense for the three months ended in May. 2024 was €-0.02 Mil. 1CM's Pre-Tax Income for the three months ended in May. 2024 was €-0.03 Mil. Therefore, 1CM's Tax Rate % for the quarter that ended in May. 2024 was 57.14%.

1CM Tax Rate % Historical Data

The historical data trend for 1CM'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.

1CM Tax Rate % Chart

1CM Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -62.57

1CM Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
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 3.39 136.19 5.54 64.00 57.14

1CM Tax Rate % Calculation

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

1CM's Tax Rate % for the fiscal year that ended in Aug. 2023 is calculated as

Tax Rate %=Tax Expense (A: Aug. 2023 )/Pre-Tax Income (A: Aug. 2023 )
=0.239/-0.382
=-62.57 %

1CM's Tax Rate % for the quarter that ended in May. 2024 is calculated as

Tax Rate %=Tax Expense (Q: May. 2024 )/Pre-Tax Income (Q: May. 2024 )
=-0.016/-0.028
=57.14 %

* 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.

1CM Tax Rate % Related Terms

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1CM Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » 1CM Inc (STU:IQ70) » Definitions » Tax Rate %
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MILFF:USA EPIC:Canada
Address
625 Cochrane Drive, Suite 802, Markham, ON, CAN, L3R9R9
Website
https://www.1cminc.com
1CM Inc is a multi-jurisdictional cannabis company focused on it's retail customers and technology to democratize cannabis markets. The Company is focuses on expanding its current operations through organic growth and by way of merger and acquisition transactions.

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