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AVADA Group (ASX:AVD) Tax Rate % : 15.29% (As of Dec. 2023)


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What is AVADA Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. AVADA Group's Tax Expense for the six months ended in Dec. 2023 was A$0.7 Mil. AVADA Group's Pre-Tax Income for the six months ended in Dec. 2023 was A$4.9 Mil. Therefore, AVADA Group's Tax Rate % for the quarter that ended in Dec. 2023 was 15.29%.


AVADA Group Tax Rate % Historical Data

The historical data trend for AVADA 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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AVADA Group Tax Rate % Chart

AVADA Group Annual Data
Trend Jun21 Jun22 Jun23
Tax Rate %
- 10.21 4.98

AVADA Group Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Tax Rate % 16.19 1.87 4.94 5.13 15.29

AVADA Group Tax Rate % Calculation

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

AVADA Group's Tax Rate % for the fiscal year that ended in Jun. 2023 is calculated as

Tax Rate %=Tax Expense (A: Jun. 2023 )/Pre-Tax Income (A: Jun. 2023 )
=-0.295/-5.925
=4.98 %

AVADA Group's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2023 )/Pre-Tax Income (Q: Dec. 2023 )
=0.745/4.873
=15.29 %

* 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.


AVADA Group Tax Rate % Related Terms

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AVADA Group (ASX:AVD) Business Description

Traded in Other Exchanges
N/A
Address
116 Ipswich Road, Suite 1, Level 2, Woolloongabba, QLD, AUS, 4102
AVADA Group Ltd is an Australian traffic management operator and ancillary service provider with an established network throughout Queensland and New South Wales. The group has two reportable segments: Queensland Traffic Management and New South Wales Traffic Management. Queensland Traffic Management is the key revenue generator for the group. It provides services to government clients and major contractors in the civil infrastructure and maintenance sector.