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Lumine Group (TSXV:LMN) Tax Rate % : -1.45% (As of Mar. 2024)


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What is Lumine Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Lumine Group's Tax Expense for the three months ended in Mar. 2024 was C$5.9 Mil. Lumine Group's Pre-Tax Income for the three months ended in Mar. 2024 was C$-406.1 Mil. Therefore, Lumine Group's Tax Rate % for the quarter that ended in Mar. 2024 was -1.45%.


Lumine Group Tax Rate % Historical Data

The historical data trend for Lumine Group'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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Lumine Group Tax Rate % Chart

Lumine Group Annual Data
Trend Dec21 Dec22 Dec23
Tax Rate %
26.83 23.63 -0.27

Lumine Group Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.28 -0.66 -2.24 0.09 -1.45

Lumine Group Tax Rate % Calculation

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

Lumine Group'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 )
=10.262/-3781.44
=-0.27 %

Lumine Group'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 )
=5.885/-406.065
=-1.45 %

* 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.


Lumine Group Tax Rate % Related Terms

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Lumine Group (TSXV:LMN) Business Description

Traded in Other Exchanges
Address
5060 Spectrum Way, Suite 100, Mississauga, ON, CAN, L4W 5N5
Lumine Group Inc acquires, strengthens, and grows vertical market software businesses in the Communications and Media industry. The company's software solutions are designed to enable customers to boost productivity and operate more cost effectively, innovate more rapidly to address rapidly changing market needs and opportunities, grow top-line sales, improve customer service, and reduce customer churn.

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