AYO Technology Solutions (JSE:AYO) Tax Rate % : -14.05% (As of Aug. 2024)

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What is AYO Technology Solutions Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. AYO Technology Solutions's Tax Expense for the six months ended in Aug. 2024 was R18 Mil. AYO Technology Solutions's Pre-Tax Income for the six months ended in Aug. 2024 was R-131 Mil. Therefore, AYO Technology Solutions's Tax Rate % for the quarter that ended in Aug. 2024 was -14.05%.

AYO Technology Solutions Tax Rate % Historical Data

The historical data trend for AYO Technology Solutions'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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AYO Technology Solutions Tax Rate % Chart

AYO Technology Solutions Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

Tax Rate %

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68.37

-28.71

-14.11

1.92

-11.24

AYO Technology Solutions Semi-Annual Data
	Aug15	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24	Aug24
Tax Rate %	Get a 7-Day Free Trial													-1.71	-4.13	5.88	-7.45	-14.05

AYO Technology Solutions Tax Rate % Calculation

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

AYO Technology Solutions's Tax Rate % for the fiscal year that ended in Aug. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Aug. 2024 )	/	Pre-Tax Income (A: Aug. 2024 )
	=	25.728	/	-228.973
	=	-11.24 %

AYO Technology Solutions's Tax Rate % for the quarter that ended in Aug. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Aug. 2024 )	/	Pre-Tax Income (Q: Aug. 2024 )
	=	18.462	/	-131.436
	=	-14.05 %

AYO Technology Solutions Tax Rate % Related Terms

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AYO Technology Solutions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » AYO Technology Solutions Ltd (JSE:AYO) » Definitions » Tax Rate %

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Traded in Other Exchanges

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Address

Cnr Heerengracht & Walter Sisulu Avenue, 10th Floor, Convention Tower, Foreshore, Cape Town, WC, ZAF, 8001

Website

https://www.ayotsl.com

AYO Technology Solutions Ltd is engaged in the provision of technology-related solutions. The company through its subsidiaries provides solutions to both the public and private sectors within South Africa and overseas countries. It offers a diversified portfolio of services such as data analytics, systems integration, and business process management, software development, security, cloud solutions, and digital transformation. The company's operating segment includes Software and consulting; Security solutions; Unified communications; Health care service; Tracking solutions and Managed Services. It generates maximum revenue from the Managed services segment.

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