Banxa Holdings (TSXV:BNXA) Tax Rate % : -3.47% (As of Dec. 2023)

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What is Banxa Holdings Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Banxa Holdings's Tax Expense for the three months ended in Dec. 2023 was C$0.0 Mil. Banxa Holdings's Pre-Tax Income for the three months ended in Dec. 2023 was C$-0.8 Mil. Therefore, Banxa Holdings's Tax Rate % for the quarter that ended in Dec. 2023 was -3.47%.

Banxa Holdings Tax Rate % Historical Data

The historical data trend for Banxa Holdings'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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Banxa Holdings Tax Rate % Chart

Banxa Holdings Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Tax Rate %

-9.18

-2.47

-1.34

3.25

Banxa Holdings Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Tax Rate %	Get a 7-Day Free Trial												-0.07	-	4.31	-0.65	-3.47

Banxa Holdings Tax Rate % Calculation

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

Banxa Holdings'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 )
	=	-0.28	/	-8.626
	=	3.25 %

Banxa Holdings'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 )
	=	0.027	/	-0.779
	=	-3.47 %

Banxa Holdings Tax Rate % Related Terms

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Banxa Holdings (TSXV:BNXA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Banxa Holdings Inc (TSXV:BNXA) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

BNXAF:USA AC00:Germany

Address

2-6 Gwynne Street, Level 2, Melbourne, VIC, AUS, 3121

Website

https://www.banxa.com

Banxa Holdings Inc is a payments service provider for the digital asset space. It offers a cryptocurrency gateway platform to other businesses in the industry. The company's goal is to onboard the general public to digital currency by building a fully compliant payment infrastructure that enables simple and secure conversion of fiat currency to digital currency. Geographically, it operates in Australia, North America and Europe and derives a majority of its revenue from Europe.

Executives

Holger Roman Arians	Senior Officer
Zafer Alam Qureshi	Director

Banxa Holdings (TSXV:BNXA) Headlines

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