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Huddlestock Fintech AS (OSL:HUDL) Tax Expense : kr-0.45 Mil (TTM As of Jun. 2024)


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What is Huddlestock Fintech AS Tax Expense?

Huddlestock Fintech AS's tax expense for the months ended in Jun. 2024 was kr0.23 Mil. Its tax expense for the trailing twelve months (TTM) ended in Jun. 2024 was kr-0.45 Mil.


Huddlestock Fintech AS Tax Expense Historical Data

The historical data trend for Huddlestock Fintech AS'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.

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Huddlestock Fintech AS Tax Expense Chart

Huddlestock Fintech AS Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Tax Expense
- - -0.66 -1.82 -0.81

Huddlestock Fintech AS Quarterly Data
Jun19 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Tax Expense 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 0.41 -0.67 -0.06 0.05 0.23

Huddlestock Fintech AS 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-0.45 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.


Huddlestock Fintech AS  (OSL:HUDL) 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.


Huddlestock Fintech AS Tax Expense Related Terms

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Huddlestock Fintech AS Business Description

Traded in Other Exchanges
Address
Kanalsletta 2, Stavanger, NOR, 4033
Huddlestock Fintech AS is a wealth and asset management technology company. The company develops software as a service solution for digitizing work processes for custody banks, asset managers, and retail trading venues. The data-centric platform offers customers a differentiated real-time product that reduces cost and increases efficiency. Its Fintech technology enables end-to-end digital services such as onboarding, client communication, reporting, order execution, and portfolio management, all executed on the same platform.

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