IRESS (IRSMF) Tax Provision : $-6.97 Mil (TTM As of Dec. 2023)

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What is IRESS Tax Provision?

IRESS's tax provision for the six months ended in Dec. 2023 was $-9.43 Mil. Its tax provision for the trailing twelve months (TTM) ended in Dec. 2023 was $-6.97 Mil.

IRESS Tax Provision Historical Data

The historical data trend for IRESS's Tax Provision 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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IRESS Tax Provision Chart

IRESS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Provision

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-16.06

-14.37

-13.64

-10.29

-6.97

IRESS Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Tax Provision	Get a 7-Day Free Trial															-6.85	-6.85	-3.71	2.47	-9.43

IRESS Tax Provision Calculation

Tax to be paid.

Tax Provision for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-6.97 Mil.

IRESS (IRSMF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » IRESS Ltd (OTCPK:IRSMF) » Definitions » Tax Provision

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Traded in Other Exchanges

IRE:Australia

Address

385 Bourke Street, Level 16, Melbourne, VIC, AUS, 3000

Website

https://www.iress.com

Iress develops software for the financial-services industry, operating in multiple regions and servicing clients ranging from small retail to large institutional businesses. Its core business unit, mainly in Australia, generates most of the company's earnings and free cash flows. Iress expanded into noncore markets through acquisitions, ultimately eroding returns and margins, with free cash flows from the core business invested in the noncore businesses. Its recent strategy includes reprioritizing growth in the core APAC business and divesting/monetizing noncore businesses. We view this renewed focus on its core business as a positive, as it will help maintain Iress' economic moat.