ZPAS (Zoompass Holdings) Tax Rate %: 0.00% (As of Dec. 2020)


What is Zoompass Holdings Tax Rate %?

Zoompass Holdings ZPAS Tax Rate % is 0.00% as of Dec. 2020.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Zoompass Holdings's Tax Expense for the three months ended in Dec. 2020 was $0.00 Mil. Zoompass Holdings's Pre-Tax Income for the three months ended in Dec. 2020 was $-2.96 Mil. Therefore, Zoompass Holdings's Tax Rate % for the quarter that ended in Dec. 2020 was 0.00%.

Zoompass Holdings Tax Rate % Related Terms

Zoompass Holdings Tax Rate % Historical Data

* Premium members only.

The historical data trend for Zoompass 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.

Zoompass Holdings Tax Rate % Chart

Zoompass Holdings Annual Data
Trend Mar15 Mar16 Dec17 Dec18 Dec19 Dec20
Tax Rate %
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Zoompass Holdings Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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

Zoompass Holdings Tax Rate % Calculation

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

Zoompass Holdings's Tax Rate % for the fiscal year that ended in Dec. 2020 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2020 )/Pre-Tax Income (A: Dec. 2020 )
=0/-19.215
=0.00 %

Zoompass Holdings's Tax Rate % for the quarter that ended in Dec. 2020 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2020 )/Pre-Tax Income (Q: Dec. 2020 )
=0/-2.963
=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?
Zoompass Holdings (ZPAS) has a Tax Rate % of 0.00% as of Dec. 2020.
Is Zoompass Holdings' Tax Rate % too high?
Zoompass Holdings' current Tax Rate % is 0.00%.
How does Zoompass Holdings' Tax Rate % compare to GVP and BSQR?
Zoompass Holdings' Tax Rate % of 0.00% can be compared against companies in the Software 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 Software company?
A good Tax Rate % depends on the Software 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. Zoompass Holdings'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 Zoompass Holdings stock overvalued right now?
Zoompass Holdings (ZPAS) 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 Zoompass Holdings (ZPAS), the current Tax Rate % is 0.00% as of Dec. 2020. 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.

Zoompass Holdings Business Description

Address 2455 Cawthra Road, Suite 75, Mississauga, ON, CAN, L5A3P1
Zoompass Holdings Inc is a Fintech company that develops and acquires software platforms and services. The firm offers Prepaid cards, Mobility solutions, cryptocurrency platform operations, research, development, strategical planning solutions and others. The business operating segment includes the rendering of professional services. Main Business assets consist of technology IP related to cryptocurrency exchange/wallet, certain strategic partnerships and customer contracts. Substantial revenue accrues from time basis billing for IT professional services to customers.