WEJOF (Wejo Group) Tax Rate %: -0.12% (As of Mar. 2023)


What is Wejo Group Tax Rate %?

Wejo Group WEJOF Tax Rate % is -0.12% as of Mar. 2023.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Wejo Group's Tax Expense for the three months ended in Mar. 2023 was $0.04 Mil. Wejo Group's Pre-Tax Income for the three months ended in Mar. 2023 was $-30.96 Mil. Therefore, Wejo Group's Tax Rate % for the quarter that ended in Mar. 2023 was -0.12%.

Wejo Group Tax Rate % Related Terms

Wejo Group Tax Rate % Historical Data

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The historical data trend for Wejo 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.

Wejo Group Tax Rate % Chart

Wejo Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Tax Rate %
0.00 0.00 -0.16 -0.26

Wejo Group Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.24 -0.17 -0.49 -0.22 -0.12

Wejo Group Tax Rate % Calculation

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

Wejo Group's Tax Rate % for the fiscal year that ended in Dec. 2022 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2022 )/Pre-Tax Income (A: Dec. 2022 )
=0.413/-158.84
=-0.26 %

Wejo Group's Tax Rate % for the quarter that ended in Mar. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2023 )/Pre-Tax Income (Q: Mar. 2023 )
=0.038/-30.96
=-0.12 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of -0.12% mean?
Wejo Group (WEJOF) has a Tax Rate % of -0.12% as of Mar. 2023.
Is Wejo Group's Tax Rate % too high?
Wejo Group's current Tax Rate % is -0.12%.
How does Wejo Group's Tax Rate % compare to SOLS and BTOW?
Wejo Group's Tax Rate % of -0.12% can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Software company?
A good Tax Rate % depends on the Software industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Wejo Group's current Tax Rate % is -0.12%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wejo Group stock overvalued right now?
Wejo Group (WEJOF) has a current Tax Rate % of -0.12%. The current Tax Rate % is -0.12%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Wejo Group (WEJOF), the current Tax Rate % is -0.12% as of Mar. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Wejo Group Business Description

Address 22 Victoria Street, Canon’s Court, Hamilton, BMU, HM12
Wejo Group Ltd provides software and technology solutions to various market verticals in combination with services that utilize ingested and standardized connected vehicle and other high volume, high value datasets through its proprietary cloud software and analytics platform, Wejo Neural Edge (which includes Wejo ADEPT platform). The Company's sector solutions, delivered at this time in North America and Europe, provide valuable insights to its customers in public and private organizations, including, but not limited to, OEMs, first-tier (Tier 1) automotive suppliers, fleet management companies (Fleets), departments of transportation, retailers, mapping companies, universities, insurance companies, advertising firms, construction firms and research departments.