Ucloudlink Group (Ucloudlink Group) Tax Rate % : 4.49% (As of Mar. 2024)

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What is Ucloudlink Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Ucloudlink Group's Tax Expense for the three months ended in Mar. 2024 was $0.02 Mil. Ucloudlink Group's Pre-Tax Income for the three months ended in Mar. 2024 was $0.47 Mil. Therefore, Ucloudlink Group's Tax Rate % for the quarter that ended in Mar. 2024 was 4.49%.

Ucloudlink Group Tax Rate % Historical Data

The historical data trend for Ucloudlink Group'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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Ucloudlink Group Tax Rate % Chart

Ucloudlink Group Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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1.08

-0.29

-0.53

-0.81

2.77

Ucloudlink Group 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															0.64	-3.27	0.70	-0.16	4.49

Ucloudlink Group Tax Rate % Calculation

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

Ucloudlink Group'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 )
	=	0.07	/	2.524
	=	2.77 %

Ucloudlink Group'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 )
	=	0.021	/	0.468
	=	4.49 %

Ucloudlink Group Tax Rate % Related Terms

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Ucloudlink Group (Ucloudlink Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Ucloudlink Group Inc (NAS:UCL) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

132 Nathan Road, Tsim Sha Tsui, Unit 2214-Rm1, 22 Floor, Mira Place Tower A, Kowloon, Hong Kong, HKG

Website

https://www.ucloudlink.com

Ucloudlink Group Inc provides mobile data connectivity and portable WiFi services. The business operates under uCloudlink 1.0, which focuses on cross-border travelers that need mobile data connectivity services across different countries. Under uCloudlink 2.0, provides mobile data connectivity services to local users across different MNOs in a single country. It generates revenue from the provision of data connectivity services, and the sales of terminals and sales of data related products.