Modern Times Group MTG AB (STU:MRTA) Tax Rate % : 138.76% (As of Mar. 2024)

View and export this data going back to . Start your Free Trial

What is Modern Times Group MTG AB Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Modern Times Group MTG AB's Tax Expense for the three months ended in Mar. 2024 was €9.8 Mil. Modern Times Group MTG AB's Pre-Tax Income for the three months ended in Mar. 2024 was €7.1 Mil. Therefore, Modern Times Group MTG AB's Tax Rate % for the quarter that ended in Mar. 2024 was 138.76%.

Modern Times Group MTG AB Tax Rate % Historical Data

The historical data trend for Modern Times Group MTG AB'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.

* Premium members only.

Modern Times Group MTG AB Tax Rate % Chart

Modern Times Group MTG AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

Get a 7-Day Free Trial

-5.29

218.53

-474.37

49.40

70.77

Modern Times Group MTG AB 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															60.01	58.09	33.79	254.16	138.76

Modern Times Group MTG AB Tax Rate % Calculation

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

Modern Times Group MTG AB'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 )
	=	35.491	/	50.152
	=	70.77 %

Modern Times Group MTG AB'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 )
	=	9.809	/	7.069
	=	138.76 %

Modern Times Group MTG AB Tax Rate % Related Terms

Thank you for viewing the detailed overview of Modern Times Group MTG AB's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

Modern Times Group MTG AB (STU:MRTA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Modern Times Group MTG AB (STU:MRTA) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

MTG B:Sweden MTG A:Sweden 0GXJ:UK

Address

Skeppsbron 18, P.O. Box 2094, Stockholm, SWE, SE-103 13

Website

https://www.mtg.com

Modern Times Group MTG AB invests in esports, mobile games and other digital entertainment. The group's companies offer a wide range of games available to audiences all over the world. MTG's portfolio of IP spans across both the casual and mid-core segments of the gaming market. A vast majority of games are available to consumers on a free-to-play (F2P) basis, and the group primarily generates revenues from in-app purchases and in-app advertising. The Group operates in Europe, Singapore, USA, India and New Zealand.

Modern Times Group MTG AB (STU:MRTA) Headlines

No Headlines