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X2M Connect (ASX:X2M) Tax Rate % : 0.00% (As of Dec. 2023)


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What is X2M Connect Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. X2M Connect's Tax Expense for the six months ended in Dec. 2023 was A$0.00 Mil. X2M Connect's Pre-Tax Income for the six months ended in Dec. 2023 was A$-3.28 Mil. Therefore, X2M Connect's Tax Rate % for the quarter that ended in Dec. 2023 was 0.00%.

X2M Connect Tax Rate % Historical Data

The historical data trend for X2M Connect'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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X2M Connect Tax Rate % Chart

X2M Connect Annual Data
Trend Jun22 Jun23
Tax Rate %
-0.15 -0.02

X2M Connect Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Tax Rate % Get a 7-Day Free Trial -0.23 - - -0.03 -

X2M Connect Tax Rate % Calculation

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

X2M Connect'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 )
=0.001/-6.513
=-0.02 %

X2M Connect'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/-3.277
=0.00 %

* 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.

X2M Connect Tax Rate % Related Terms

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X2M Connect (ASX:X2M) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » X2M Connect Ltd (ASX:X2M) » Definitions » Tax Rate %
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Traded in Other Exchanges
N/A
Address
18-24 Ricketts Road, Suite 1.01b, Building B, Mount Waverley, VIC, AUS, 3149
Website
https://www.x2mconnect.com
X2M Connect Ltd is an Internet of Things (IoT) technology company that uses the internet to deliver productivity improvements, cost savings, and improved public safety to enterprise and government customers. Its focus is servicing the utility sector in the Asia-Pacific utility market through the provision of technology that connects devices over the internet, such as water meters and gas pressure sensors, and which enables data exchange and control of these devices. The company's geographical segment includes South Korea; China; Taiwan and other countries. It derives a majority of revenue from South Korea.

X2M Connect (ASX:X2M) Headlines

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