Akazoo (Akazoo) Tax Rate % : 0.11% (As of Sep. 2019)

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What is Akazoo Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Akazoo's Tax Expense for the three months ended in Sep. 2019 was $0.00 Mil. Akazoo's Pre-Tax Income for the three months ended in Sep. 2019 was $1.81 Mil. Therefore, Akazoo's Tax Rate % for the quarter that ended in Sep. 2019 was 0.11%.

Akazoo Tax Rate % Historical Data

The historical data trend for Akazoo'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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Akazoo Tax Rate % Chart

Akazoo Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Tax Rate %

48.99

Akazoo Quarterly Data
	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Tax Rate %	Get a 7-Day Free Trial										23.69	24.05	-28.04	51.82	0.11

Akazoo Tax Rate % Calculation

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

Akazoo's Tax Rate % for the fiscal year that ended in Mar. 2018 is calculated as

Tax Rate %	=	Tax Expense (A: Mar. 2018 )	/	Pre-Tax Income (A: Mar. 2018 )
	=	0.435	/	0.888
	=	48.99 %

Akazoo's Tax Rate % for the quarter that ended in Sep. 2019 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2019 )	/	Pre-Tax Income (Q: Sep. 2019 )
	=	0.002	/	1.814
	=	0.11 %

Akazoo Tax Rate % Related Terms

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Akazoo (Akazoo) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Akazoo SA (NAS:SONG) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

19 Rue de Bitbourg, Luxembourg, LUX, L-1273

Website

https://www.akazoo.com

Akazoo SA operates as a technology company. It offers on-demand music and audio streaming, media and AI technology. The Firm provides its subscribers unlimited online and offline music streaming access to a catalogue of songs on an ad-free basis. The company uses patented AI technology for music recommendations and offers online and offline listening.