Avecho Biotechnology (ASX:AVE) Tax Rate % : 0.00% (As of Jun. 2024)

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What is Avecho Biotechnology Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Avecho Biotechnology's Tax Expense for the six months ended in Jun. 2024 was A$0.00 Mil. Avecho Biotechnology's Pre-Tax Income for the six months ended in Jun. 2024 was A$-2.18 Mil. Therefore, Avecho Biotechnology's Tax Rate % for the quarter that ended in Jun. 2024 was 0.00%.

Avecho Biotechnology Tax Rate % Historical Data

The historical data trend for Avecho Biotechnology'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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Avecho Biotechnology Tax Rate % Chart

Avecho Biotechnology Annual Data

Trend

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Tax Rate %

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Avecho Biotechnology Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Tax Rate %	Get a 7-Day Free Trial															-	-	-	-	-

Avecho Biotechnology Tax Rate % Calculation

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

Avecho Biotechnology'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 )
	=	0	/	-3.437
	=	0.00 %

Avecho Biotechnology's Tax Rate % for the quarter that ended in Jun. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Jun. 2024 )	/	Pre-Tax Income (Q: Jun. 2024 )
	=	0	/	-2.175
	=	0.00 %

Avecho Biotechnology Tax Rate % Related Terms

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Avecho Biotechnology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Avecho Biotechnology Ltd (ASX:AVE) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

OEZ:Germany

Address

Unit A8, 2A Westall Road, Clayton, Melbourne, VIC, AUS, 3168

Website

https://www.avecho.com.au

Avecho Biotechnology Ltd is a research-based biotechnology company engaged in the development, production, sales, and licensing of products incorporating its patented platform technology TPM, for the pharmaceutical, skincare and animal health and nutrition industries. Its segments include Production, Human Health, and other segments. The Production segment, which is the key revenue driver, manufactures and sells TPM and Vital ET for use in drug delivery and cosmetic formulations. The Human Health segment's portfolio covers the delivery of drugs through gels, injectables, and patches including the conduct of research and development activities. It focuses on the development of patches, including TPM/Oxymorphone and TPM/Oxycodone.

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