Verve Group SE (STU:M8G) Tax Rate % : 132.62% (As of Mar. 2024)

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What is Verve Group SE Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Verve Group SE's Tax Expense for the three months ended in Mar. 2024 was €-2.5 Mil. Verve Group SE's Pre-Tax Income for the three months ended in Mar. 2024 was €-1.9 Mil. Therefore, Verve Group SE's Tax Rate % for the quarter that ended in Mar. 2024 was 132.62%.

Verve Group SE Tax Rate % Historical Data

The historical data trend for Verve Group SE'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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Verve Group SE Tax Rate % Chart

Verve Group SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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265.09

30.61

-7.85

-79.92

5.55

Verve Group SE Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															2.72	-1,825.64	7.99	12.77	132.62

Verve Group SE Tax Rate % Calculation

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

Verve Group SE'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 )
	=	2.718	/	48.936
	=	5.55 %

Verve Group SE'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 )
	=	-2.468	/	-1.861
	=	132.62 %

Verve Group SE Tax Rate % Related Terms

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Verve Group SE (STU:M8G) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Verve Group SE (STU:M8G) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

M8G:Sweden M8G:Germany M8G:Germany

Address

Stureplan 6, Stockholm, SWE, 114 35

Website

https://www.mgi-se.com

MGI - Media and Games Invest SE is an advertising software platform with first-party games content with a main operational presence in Europe and North America. It helps advertisers acquire customers through smartphones, computers, connected TV, or digital-out-of-home media (DOOH) as well as publishers to efficiently and optimally monetize their advertising space. The company's software platform uses first-party data from its own games to match global advertiser demand with publisher advertisement supply and also offers a one-stop shop for programmatic advertising, enabling companies to buy and sell ad space on all digital devices.

Verve Group SE (STU:M8G) Headlines

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