OMG (OMGL Holdings) Tax Rate %: 0.71% (As of Sep. 2024)

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What is OMGL Holdings Tax Rate %?

OMGL Holdings OMG Tax Rate % is 0.71% as of Sep. 2024.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. OMGL Holdings's Tax Expense for the three months ended in Sep. 2024 was $-0.02 Mil. OMGL Holdings's Pre-Tax Income for the three months ended in Sep. 2024 was $-2.55 Mil. Therefore, OMGL Holdings's Tax Rate % for the quarter that ended in Sep. 2024 was 0.71%.

OMGL Holdings Tax Rate % Related Terms

OMGL Holdings Tax Rate % Historical Data

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The historical data trend for OMGL Holdings'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.

OMGL Holdings Tax Rate % Chart

OMGL Holdings Annual Data
Trend Jun21 Jun22 Jun23 Jun24
Tax Rate %
0.00 11.91 0.00 0.69

OMGL Holdings Quarterly Data
Jun21 Jun22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Tax Rate % Get a 7-Day Free Trial Premium Member Only 0.70 0.72 0.63 0.70 0.71

OMGL Holdings Tax Rate % Calculation

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

OMGL Holdings'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 )
=-0.068/-9.87
=0.69 %

OMGL Holdings's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2024 )/Pre-Tax Income (Q: Sep. 2024 )
=-0.018/-2.552
=0.71 %

* 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 0.71% mean?
OMGL Holdings (OMG) has a Tax Rate % of 0.71% as of Sep. 2024.
Is OMGL Holdings' Tax Rate % too high?
OMGL Holdings' current Tax Rate % is 0.71%.
How does OMGL Holdings' Tax Rate % compare to ?
OMGL Holdings' Tax Rate % of 0.71% can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Tax Rate % depends on the Capital Markets 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. OMGL Holdings's current Tax Rate % is 0.71%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OMGL Holdings stock overvalued right now?
OMGL Holdings (OMG) has a current Tax Rate % of 0.71%. The current Tax Rate % is 0.71%. 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 OMGL Holdings (OMG), the current Tax Rate % is 0.71% as of Sep. 2024. 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.

OMGL Holdings Business Description

Comparable Companies
Address Level 28, 1 Market Street, Sydney, NSW, AUS, 2000
OMGL Holdings Ltd is an Australian financial services technology group powering its various client group including fintech's, dealer groups and private wealth advisers, traders and stockbrokers. Its suite of trading and market infrastructure are the foundations for a technology-focused broker dealer that connects investors with advice professionals and fintech's.