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VERTF (Vertiqal Studios) Tax Rate % : 112.07% (As of Sep. 2024)


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What is Vertiqal Studios Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Vertiqal Studios's Tax Expense for the three months ended in Sep. 2024 was $0.36 Mil. Vertiqal Studios's Pre-Tax Income for the three months ended in Sep. 2024 was $0.32 Mil. Therefore, Vertiqal Studios's Tax Rate % for the quarter that ended in Sep. 2024 was 112.07%.

Vertiqal Studios Tax Rate % Historical Data

The historical data trend for Vertiqal Studios'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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Vertiqal Studios Tax Rate % Chart

Vertiqal Studios Annual Data
Trend Nov19 Nov20 Dec21 Dec22 Dec23
Tax Rate %
- - - 5.20 7.95

Vertiqal Studios Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 4.47 8.65 13.86 -3.73 112.07

Vertiqal Studios Tax Rate % Calculation

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

Vertiqal Studios'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 )
=-3.157/-39.694
=7.95 %

Vertiqal Studios's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2024 )/Pre-Tax Income (Q: Sep. 2024 )
=0.362/0.323
=112.07 %

* 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.

Vertiqal Studios Tax Rate % Related Terms

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Vertiqal Studios Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Vertiqal Studios Corp (OTCPK:VERTF) » Definitions » Tax Rate %
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Traded in Other Exchanges
VRTS:Canada
Address
120 Carlton Street, Suite 405, Toronto, ON, CAN, M5A 4K2
Website
https://www.vertiqalstudios.com
Vertiqal Studios Corp is an owned and operated digital-channel network and video-production studio. Specializing in the creation of viral videos, Vertiqal produces and distributes 100+ videos daily across 66 owned-and-operated channels, utilizing TV economics to monetize TikTok and Instagram, and revenue-share with OTT platforms such as Snapchat. Its strategic focus is producing high-performing organic (not paid) video across its channels in order to continue building its audience.