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CNGFF (Change Financial) Tax Rate % : -26.62% (As of Jun. 2024)


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What is Change Financial Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Change Financial's Tax Expense for the six months ended in Jun. 2024 was $0.22 Mil. Change Financial's Pre-Tax Income for the six months ended in Jun. 2024 was $-0.82 Mil. Therefore, Change Financial's Tax Rate % for the quarter that ended in Jun. 2024 was -26.62%.

Change Financial Tax Rate % Historical Data

The historical data trend for Change Financial'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.

* Premium members only.

Change Financial Tax Rate % Chart

Change Financial Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only - -5.75 -1.48 -11.20 -13.67

Change Financial Semi-Annual Data
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.68 -12.36 -8.90 -6.31 -26.62

Change Financial Tax Rate % Calculation

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

Change Financial's Tax Rate % for the fiscal year that ended in Jun. 2024 is calculated as

Tax Rate %=Tax Expense (A: Jun. 2024 )/Pre-Tax Income (A: Jun. 2024 )
=0.309/-2.261
=-13.67 %

Change Financial'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 )
=0.218/-0.819
=-26.62 %

* 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.

Change Financial Tax Rate % Related Terms

Thank you for viewing the detailed overview of Change Financial's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

Change Financial Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Change Financial Ltd (OTCPK:CNGFF) » Definitions » Tax Rate %
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Traded in Other Exchanges
CCA:Australia
Address
340 Adelaide Street, Suite 3E, Level 3, Brisbane, QLD, AUS, 4000
Website
https://www.changefinancial.com
Change Financial Ltd is a fintech company. It develops payment processors and provides mobile banking services through its mobile application. The company operates in a single segment that is the development and provision of card payments software and services. The company serves business and financial institutions.

Change Financial Headlines

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