OtherLevels Holdings (ASX:OLV) Tax Expense: A$-0.50 Mil (TTM As of Dec. 2019)


What is OtherLevels Holdings Tax Expense?

OtherLevels Holdings ASX:OLV Tax Expense is A$-0.50 Mil as of Dec. 2019. The stock has 4 warning signs investors should review.

OtherLevels Holdings's tax expense for the months ended in Dec. 2019 was A$0.00 Mil. Its tax expense for the trailing twelve months (TTM) ended in Dec. 2019 was A$-0.50 Mil.

OtherLevels Holdings  (ASX:OLV) Tax Expense Explanation

In the long run, income before tax and taxable income will likely be more similar than they are in any given period. If the one is less in earlier years, then it will be greater in later years. Deferred taxes will reverse themselves in the long run and in total will zero out, unless there is something like a change in tax rates in the intervening period. A deferred tax payable results from a tax break in the early years and will reverse itself in later years; a deferred tax receivable results from more taxes being paid in early years than the tax expense reported to shareholders and will again reverse itself in later years. The deferred tax amount is computed by estimating the amount and the timing of the reversal and multiplying that by the appropriate tax rates.

OtherLevels Holdings Tax Expense Related Terms

OtherLevels Holdings Tax Expense Historical Data

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The historical data trend for OtherLevels Holdings's Tax Expense 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.

OtherLevels Holdings Tax Expense Chart

OtherLevels Holdings Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19
Tax Expense
0.00 -0.96 -0.71 -1.07 -0.50

OtherLevels Holdings Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19
Tax Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 -1.07 0.00 -0.50 0.00

OtherLevels Holdings Tax Expense Calculation

Tax paid by the company. It is computed in by multiplying the income before tax number, as reported to shareholders, by the appropriate tax rate. In reality, the computation is typically considerably more complex due to things such as expenses considered not deductible by taxing authorities ("add backs"), the range of tax rates applicable to various levels of income, different tax rates in different jurisdictions, multiple layers of tax on income, and other issues.

Tax Expense for the trailing twelve months (TTM) ended in Dec. 2019 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-0.50 Mil.

* 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 Expense →
What does a Tax Expense of A$-0.50 Mil mean?
OtherLevels Holdings (ASX:OLV) has a Tax Expense of A$-0.50 Mil as of Dec. 2019. Tax expense is the amount of tax the company pays in an accounting period. View historical data on OtherLevels Holdings and its competitors.
Is OtherLevels Holdings' Tax Expense too high?
OtherLevels Holdings' current Tax Expense is A$-0.50 Mil.
How does OtherLevels Holdings' Tax Expense compare to MSFT and ADBE?
OtherLevels Holdings' Tax Expense of A$-0.50 Mil 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 Expense for a Software company?
A good Tax Expense depends on the Software industry context. However, Tax Expense 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 Expense mean?
A high Tax Expense can signal that a stock is expensive relative to its fundamentals. Tax expense is the amount of tax the company pays in an accounting period. View historical data on OtherLevels Holdings and its competitors. OtherLevels Holdings's current Tax Expense is A$-0.50 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OtherLevels Holdings stock overvalued right now?
Based on GuruFocus' analysis, OtherLevels Holdings (ASX:OLV) is currently considered Possible Value Trap. The current Tax Expense is A$-0.50 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Expense calculated?
Tax Expense is calculated from a company's financial statements. For OtherLevels Holdings (ASX:OLV), the current Tax Expense is A$-0.50 Mil as of Dec. 2019. 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.

OtherLevels Holdings Business Description

Address 235 Edward Street, Level 1, Brisbane, QLD, AUS, 4000
OtherLevels Holdings Ltd provides mobile marketing solutions. It operates a digital marketing Software-as-a-Service business that enables enterprises to communicate with its users on mobile and smart devices. Geographically, it derives a majority of revenue from the United Kingdom and also has a presence in Australia and the United States. The company generates revenue from Licences; Managed Services; Professional Services and Other income. It provides platforms such as Web and App Messaging, Location Messaging, Event Messaging, Intelligent Messaging, and In-Play Messaging.