New Work SE (New Work SE) Tax Rate % : 27.27% (As of Mar. 2024)

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What is New Work SE Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. New Work SE's Tax Expense for the three months ended in Mar. 2024 was $-6.9 Mil. New Work SE's Pre-Tax Income for the three months ended in Mar. 2024 was $-25.3 Mil. Therefore, New Work SE's Tax Rate % for the quarter that ended in Mar. 2024 was 27.27%.

New Work SE Tax Rate % Historical Data

The historical data trend for New Work 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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New Work SE Tax Rate % Chart

New Work SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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27.11

36.05

24.70

27.29

27.77

New Work 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															18.95	30.94	28.79	29.00	27.27

New Work SE Tax Rate % Calculation

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

New Work 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 )
	=	15.454	/	55.655
	=	27.77 %

New Work 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 )
	=	-6.89	/	-25.264
	=	27.27 %

New Work SE Tax Rate % Related Terms

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New Work SE (New Work SE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » New Work SE (OTCPK:XINXF) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

0OR4:UK NWO:Germany

Address

Am Strandkai 1, Hamburg, DEU, 20457

Website

https://www.new-work.se

New Work SE is a German technology company offering online business platforms for professionals to network and share ideas, and jobs opportunities, among others. The company organizes itself into three business segments: B2C, B2B e-recruiting and B2B marketing solutions. The B2C segment serves the members of social networking websites such as kunnu.com or xing.com to network with professionals and find suitable jobs, the B2B e-recruiting segment serves customers who want to access the talent pool, B2B marketing solutions & events cater to advertising and events clients, and the kunnu International segment includes business activities outside Germany, Austria and Switzerland. The B2B e-recruiting segments generate the majority of the company's revenue.