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SMG European Recovery SPAC SE (XTER:RCVR) Tax Rate % : 1.29% (As of Jun. 2024)


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What is SMG European Recovery SPAC SE Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. SMG European Recovery SPAC SE's Tax Expense for the six months ended in Jun. 2024 was €0.07 Mil. SMG European Recovery SPAC SE's Pre-Tax Income for the six months ended in Jun. 2024 was €5.43 Mil. Therefore, SMG European Recovery SPAC SE's Tax Rate % for the quarter that ended in Jun. 2024 was 1.29%.

SMG European Recovery SPAC SE Tax Rate % Historical Data

The historical data trend for SMG European Recovery SPAC 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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SMG European Recovery SPAC SE Tax Rate % Chart

SMG European Recovery SPAC SE Annual Data
Trend Dec21 Dec22 Dec23
Tax Rate %
- -0.31 -9.74

SMG European Recovery SPAC SE Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Tax Rate % Get a 7-Day Free Trial - -0.39 -16.10 -4.32 1.29

SMG European Recovery SPAC SE Tax Rate % Calculation

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

SMG European Recovery SPAC 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 )
=0.28/-2.875
=-9.74 %

SMG European Recovery SPAC SE's Tax Rate % for the quarter that ended in Jun. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2024 )/Pre-Tax Income (Q: Jun. 2024 )
=0.07/5.431
=1.29 %

* 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.

SMG European Recovery SPAC SE Tax Rate % Related Terms

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SMG European Recovery SPAC SE Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » SMG European Recovery SPAC SE (XTER:RCVR) » Definitions » Tax Rate %
Comparable Companies
XTER:LRND AACT ANSC AAM GATE EQV NETD CCIX KFII CCIR GPAT ALF MBAV GIG BACQ HYAC VACH BEAG CUB SIMA
Traded in Other Exchanges
N/A
Address
9, rue de Bitbourg, Luxembourg, LUX, L-1273
Website
https://www.smg-spac.com
SMG European Recovery SPAC SE is a special-purpose acquisition company that intends to seek a suitable target for the Business Combination in the real estate-related hospitality sector with a focus on the sub-sector lodging and leisure.
Executives
Smg Spac Investment S.à R.l. PCA, person closely associated with Stefan Petrikovics, member of the management board (Vorstandsmitglied)

SMG European Recovery SPAC SE Headlines

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