IPTK (AS-IP Tech) Tax Rate %: 0.00% (As of Mar. 2023)


What is AS-IP Tech Tax Rate %?

AS-IP Tech IPTK Tax Rate % is 0.00% as of Mar. 2023.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. AS-IP Tech's Tax Expense for the three months ended in Mar. 2023 was $0.00 Mil. AS-IP Tech's Pre-Tax Income for the three months ended in Mar. 2023 was $-0.24 Mil. Therefore, AS-IP Tech's Tax Rate % for the quarter that ended in Mar. 2023 was 0.00%.

AS-IP Tech Tax Rate % Related Terms

AS-IP Tech Tax Rate % Historical Data

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The historical data trend for AS-IP Tech'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.

AS-IP Tech Tax Rate % Chart

AS-IP Tech Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

AS-IP Tech Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 0.00 0.00 0.00 0.00 0.00

AS-IP Tech Tax Rate % Calculation

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

AS-IP Tech's Tax Rate % for the fiscal year that ended in Jun. 2022 is calculated as

Tax Rate %=Tax Expense (A: Jun. 2022 )/Pre-Tax Income (A: Jun. 2022 )
=0/-2.157
=0.00 %

AS-IP Tech's Tax Rate % for the quarter that ended in Mar. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2023 )/Pre-Tax Income (Q: Mar. 2023 )
=0/-0.241
=0.00 %

* 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 0.00% mean?
AS-IP Tech (IPTK) has a Tax Rate % of 0.00% as of Mar. 2023.
Is AS-IP Tech's Tax Rate % too high?
AS-IP Tech's current Tax Rate % is 0.00%.
How does AS-IP Tech's Tax Rate % compare to TCCO and MLRT?
AS-IP Tech's Tax Rate % of 0.00% can be compared against companies in the Hardware 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 a Hardware company?
A good Tax Rate % depends on the Hardware 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. AS-IP Tech's current Tax Rate % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AS-IP Tech stock overvalued right now?
AS-IP Tech (IPTK) has a current Tax Rate % of 0.00%. The current Tax Rate % is 0.00%. 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 AS-IP Tech (IPTK), the current Tax Rate % is 0.00% as of Mar. 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.

AS-IP Tech Business Description

Address 1/15 Castles Drive, Torquay, VIC, AUS, 3228
AS-IP Tech Inc is engaged in creating in-flight connectivity systems that utilize Bluetooth Smart technology as a low-cost alternative to the traditionally expensive Wi-Fi platform. The company's technology consists of two products BizjetMobile and fflya. BizjetMobile provides corporate jets with an alternative inflight connectivity solution and is marketed under the brand names CHiiMP and BizjetInternet. These are mobile apps that deliver optimized inflight text and email for passengers and crew; and fflya provides airlines with an inflight connectivity approach based on the latest mobile app technology, narrowband satellite links, and BlueTooth technology. The fflya platform reduces the installation, certification and equipment costs by up to 90% compared to inflight broadband.