POSaBIT Systems (XCNQ:PBIT) Tax Rate % : 0.00% (As of Sep. 2024)

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What is POSaBIT Systems Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. POSaBIT Systems's Tax Expense for the three months ended in Sep. 2024 was C$0.00 Mil. POSaBIT Systems's Pre-Tax Income for the three months ended in Sep. 2024 was C$-2.82 Mil. Therefore, POSaBIT Systems's Tax Rate % for the quarter that ended in Sep. 2024 was 0.00%.

POSaBIT Systems Tax Rate % Historical Data

The historical data trend for POSaBIT Systems'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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POSaBIT Systems Tax Rate % Chart

POSaBIT Systems Annual Data

Trend

Oct17

Oct18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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4.75

-1.74

POSaBIT Systems Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Tax Rate %	Get a 7-Day Free Trial															-	-2.45	-	-	-

POSaBIT Systems Tax Rate % Calculation

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

POSaBIT Systems'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 )
	=	0.315	/	-18.145
	=	-1.74 %

POSaBIT Systems'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	/	-2.823
	=	0.00 %

POSaBIT Systems Tax Rate % Related Terms

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POSaBIT Systems Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » POSaBIT Systems Corp (XCNQ:PBIT) » Definitions » Tax Rate %

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Traded in Other Exchanges

POSAF:USA

Address

15 Lake Bellevue Drive, Suite 101, Bellevue, WA, USA, 98005

Website

https://www.posabit.com

POSaBIT Systems Corp is a financial technology company. The company involves the point-of-sale arrangements designed to offer consumers an easy way to purchase goods and services. The company offers Payment Services and Point-of-Sale (POS) Services. The company earns revenue from i) Payment services, Point-of-Sale (POS) Services, License of technology, and Support services related to its sale of license. The Company also earns revenue from rental and sale of hardware related to its payment and POS services. Its geographical segments are Canada and the United States, of which all of its revenues come from the United States.

Executives

Ryan Richard Hamlin	10% Security Holder, Director, Senior Officer
Bruce Alan Jaffe	Director
Alex Sharp	10% Security Holder
Stephen Mark Gledhill	Senior Officer
Jeffrey John Dossett	Director
Andrew Paul Sweet	Senior Officer

POSaBIT Systems Headlines

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