GFT Technologies SE (XTER:GFT) Tax Rate % : 29.20% (As of Mar. 2024)

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What is GFT Technologies SE Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. GFT Technologies SE's Tax Expense for the three months ended in Mar. 2024 was €4.4 Mil. GFT Technologies SE's Pre-Tax Income for the three months ended in Mar. 2024 was €15.0 Mil. Therefore, GFT Technologies SE's Tax Rate % for the quarter that ended in Mar. 2024 was 29.20%.

GFT Technologies SE Tax Rate % Historical Data

The historical data trend for GFT Technologies 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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GFT Technologies SE Tax Rate % Chart

GFT Technologies SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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27.08

29.51

25.34

29.97

28.88

GFT Technologies 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															29.89	30.46	28.29	27.39	29.20

GFT Technologies SE Tax Rate % Calculation

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

GFT Technologies 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 )
	=	19.638	/	68.002
	=	28.88 %

GFT Technologies 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 )
	=	4.381	/	15.003
	=	29.20 %

GFT Technologies SE Tax Rate % Related Terms

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GFT Technologies SE (XTER:GFT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » GFT Technologies SE (XTER:GFT) » Definitions » Tax Rate %

Comparable Companies

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GFT:Austria

Address

Schelmenwasenstrasse 34, Stuttgart, BW, DEU, 70567

Website

https://www.gft.com/int/en

GFT Technologies SE is engaged in shaping the digital transformation of companies in the financial and insurance sectors, as well as in the manufacturing industry. As an IT service provider and developer of digital solutions, It offers consulting, development, and implementation skills across all aspects of pioneering technologies from cloud engineering to artificial intelligence and blockchain/DLT. The company has two operating segments; The Americas, UK & APAC comprises operating companies in the following countries: Brazil Costa Rica, Singapore, Hong Kong, the United Kingdom, the United States of America, Canada, Vietnam, and Mexico, and Continental Europe comprises operating companies in the following countries: Belgium, Poland, Germany, Switzerland, France, Spain, and Italy.

Executives

Dr. Jochen Ruetz

Managing Director (CFO) and Member of the Administrative Board

GFT Technologies SE (XTER:GFT) Headlines

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