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Believe (XPAR:BLV) Tax Rate % : 47.87% (As of Jun. 2023)


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What is Believe Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Believe's Tax Expense for the six months ended in Jun. 2023 was €1.8 Mil. Believe's Pre-Tax Income for the six months ended in Jun. 2023 was €3.8 Mil. Therefore, Believe's Tax Rate % for the quarter that ended in Jun. 2023 was 47.87%.

Believe Tax Rate % Historical Data

The historical data trend for Believe'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.

Believe Tax Rate % Chart

Believe Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial 51.79 -35.70 -9.55 -79.89 -

Believe Semi-Annual Data
Dec18 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Tax Rate % Get a 7-Day Free Trial Premium Member Only -34.90 -455.92 -47.30 47.87 -

Believe Tax Rate % Calculation

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

Believe's Tax Rate % for the fiscal year that ended in Dec. 2022 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2022 )/Pre-Tax Income (A: Dec. 2022 )
=11.089/-13.881
=-79.89 %

Believe's Tax Rate % for the quarter that ended in Jun. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2023 )/Pre-Tax Income (Q: Jun. 2023 )
=1.82/3.802
=47.87 %

* 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.

Believe Tax Rate % Related Terms

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

Believe (XPAR:BLV) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Believe SA (XPAR:BLV) » Definitions » Tax Rate %
Comparable Companies
XPAR:GAM XPAR:DEEZR XPAR:ALECP XPAR:VANTI XPAR:TCHCS XPAR:XIL NFLX DIS XAMS:UMG WBD LYV SIRI WMG XPAR:BOL FWONA FOXA NWSA XPAR:VIV ROKU PARA
Traded in Other Exchanges
8T6:Germany
Address
24 rue Toulouse Lautrec, Paris, FRA, 75017
Website
https://www.believemusic.com
Believe SA specializes in the sale and promotion of audio and video content from artists and independent labels. The Company has identified two operating segments which is Premium Solutions and Automated Solutions. Premium solutions this consists mainly of the sale, promotion and delivery of digital content provided by artists and labels for which the Group is responsible for developing their catalog on digital platforms and social media, as appropriate, using a split revenue model. Automated Solutions whereby the Group enablesartists, via its TuneCore digital platform, to distribute their audio content in an automated manner to streaming and social media platforms in return for a subscription fee or margin. The company generated majority of its revenue from Premium Solutions.

Believe (XPAR:BLV) Headlines

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