Veritone (STU:VEK) Tax Rate % : 3.98% (As of Mar. 2024)

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What is Veritone Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Veritone's Tax Expense for the three months ended in Mar. 2024 was €-1.0 Mil. Veritone's Pre-Tax Income for the three months ended in Mar. 2024 was €-24.1 Mil. Therefore, Veritone's Tax Rate % for the quarter that ended in Mar. 2024 was 3.98%.

Veritone Tax Rate % Historical Data

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

Veritone Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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2.29

-0.16

-4.36

-9.93

4.94

Veritone 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															1.17	5.57	3.83	-3.63	3.98

Veritone Tax Rate % Calculation

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

Veritone'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 )
	=	-2.795	/	-56.554
	=	4.94 %

Veritone'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 )
	=	-0.961	/	-24.144
	=	3.98 %

Veritone Tax Rate % Related Terms

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Veritone (STU:VEK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Veritone Inc (STU:VEK) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

VERI:USA VEK:Germany

Address

2420 17th Street, Office 3002, Denver, CO, USA, 80202

Website

https://www.veritone.com

Veritone Inc is a provider of artificial intelligence (AI) computing solutions and services. The company generates revenue through the delivery of its 1) Software Products and Services which consists of revenues generated from Commercial Enterprise and Government and Regulated Industries customers using the company's aiWARE platform and hiring solutions, any related support and maintenance services, and any related professional services associated with the deployment and/or implementation of such solutions, 2) Managed Services which consist of revenues generated from Commercial Enterprise customers using company's content licensing services, advertising agency, influencer management and related services. The company has a presence in the United States and Israel.

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