Humm Group (ASX:HUM) Tax Rate % : 31.82% (As of Dec. 2023)

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What is Humm Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Humm Group's Tax Expense for the six months ended in Dec. 2023 was A$-2.8 Mil. Humm Group's Pre-Tax Income for the six months ended in Dec. 2023 was A$-8.8 Mil. Therefore, Humm Group's Tax Rate % for the quarter that ended in Dec. 2023 was 31.82%.

Humm Group Tax Rate % Historical Data

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

Humm Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Tax Rate %

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32.12

13.36

26.62

7.34

-262.50

Humm Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Tax Rate %	Get a 7-Day Free Trial															-3.19	90.34	21.88	47.73	31.82

Humm Group Tax Rate % Calculation

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

Humm 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 )
	=	-2.1	/	0.8
	=	-262.50 %

Humm 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 )
	=	-2.8	/	-8.8
	=	31.82 %

Humm Group Tax Rate % Related Terms

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Humm Group (ASX:HUM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Humm Group Ltd (ASX:HUM) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

121 Harrington Street, Level 1, Sydney, NSW, AUS, 2000

Website

https://www.shophumm.com

Humm is a diversified finance provider with offerings centered on buy now pay later, or BNPL, credit cards and equipment finance. It facilitates purchases for over 2.7 million customers. Humm operates in Australia, New Zealand, Ireland, and Canada. While it caters for a diverse range of industries, its focus is on financing higher ticket items. Unlike the glut of new BNPL firms, Humm is established with a long operating history. Originally Flexigroup, Humm had a strategic refresh in 2019 where it has now consolidated to around four main brands in ANZ, from 20 before. In its earlier days, Humm focused on Visa and interest-free cards, lay-by, consumer leasing, commercial finance, and other payment solutions to consumers and small businesses.