RedFlow (FRA:2RF) Tax Rate %: -0.06% (As of Dec. 2023)


FRA:2RF RedFlow Ltd FRA:2RF
29 GF Score
Price €0.05
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What is RedFlow Tax Rate %?

RedFlow FRA:2RF 29 Tax Rate % is -0.06% as of Dec. 2023. GuruFocus rates FRA:2RF with a GF Score™ of 29/100.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. RedFlow's Tax Expense for the six months ended in Dec. 2023 was €0.01 Mil. RedFlow's Pre-Tax Income for the six months ended in Dec. 2023 was €-7.91 Mil. Therefore, RedFlow's Tax Rate % for the quarter that ended in Dec. 2023 was -0.06%.

RedFlow Tax Rate % Related Terms

RedFlow Tax Rate % Historical Data

* Premium members only.

The historical data trend for RedFlow'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.

RedFlow Tax Rate % Chart

RedFlow Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.62 -0.51 -0.26 -0.10 -0.28

RedFlow 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 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 Premium Member Only Premium Member Only Premium Member Only -0.06 -0.13 -0.20 -0.37 -0.06
FRA:2RF
29GF Score
RedFlow Ltd FRA:2RF
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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RedFlow Tax Rate % Calculation

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

RedFlow'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 )
=0.024/-8.44
=-0.28 %

RedFlow'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 )
=0.005/-7.905
=-0.06 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of -0.06% mean?
RedFlow (FRA:2RF) has a Tax Rate % of -0.06% as of Dec. 2023.
Is RedFlow's Tax Rate % too high?
RedFlow's current Tax Rate % is -0.06%. Overall, RedFlow has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does RedFlow's Tax Rate % compare to JFTH and SPEC?
RedFlow's Tax Rate % of -0.06% can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for an Industrial Products company?
A good Tax Rate % depends on the Industrial Products industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. RedFlow's current Tax Rate % is -0.06%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RedFlow stock overvalued right now?
RedFlow (FRA:2RF) has a current Tax Rate % of -0.06%. The current Tax Rate % is -0.06%. RedFlow's overall GF Score™ is 29/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For RedFlow (FRA:2RF), the current Tax Rate % is -0.06% as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

RedFlow Business Description

Address 1/27 Counihan Road, Seventeen Mile Rocks, Brisbane, QLD, AUS, 4073
RedFlow Ltd consists of the development, manufacture, and sale of its bromine flowing electrolyte battery module (ZBM). The company's batteries provide sustainable energy storage solutions for various applications, including telecommunications, renewables integration, on and off-grid remote power, microgrids and smart grids, and transmission and distribution deferral. Redflow batteries are designed for high cycle-rate, long time-base stationary energy storage applications in the residential, commercial and industrial, and telecommunications sectors, and are scalable from a single battery installation through to grid-scale deployments.
29GF Score

Get the complete analysis for FRA:2RF

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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