Change Financial (Change Financial) Tax Rate % : -6.31% (As of Dec. 2023)

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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 Dec. 2023 was $0.09 Mil. Change Financial's Pre-Tax Income for the six months ended in Dec. 2023 was $-1.44 Mil. Therefore, Change Financial's Tax Rate % for the quarter that ended in Dec. 2023 was -6.31%.

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.

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Change Financial Tax Rate % Chart

Change Financial Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Tax Rate %

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-5.75

-1.48

-11.20

Change Financial Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Tax Rate %	Get a 7-Day Free Trial											-	-3.68	-12.36	-8.90	-6.31

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. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Jun. 2023 )	/	Pre-Tax Income (A: Jun. 2023 )
	=	0.294	/	-2.624
	=	-11.20 %

Change Financial'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 )
	=	0.091	/	-1.442
	=	-6.31 %

Change Financial Tax Rate % Related Terms

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Change Financial (Change Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Change Financial Ltd (OTCPK:CNGFF) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

CCA:Australia

Address

82 Eagle Street, Level 11, 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 (Change Financial) Headlines

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