iFAST (SGX:AIY) Tax Expense: S$19.4 Mil (TTM As of Mar. 2026)


SGX:AIY iFAST Corp Ltd SGX:AIY
93 GF Score
Price S$9.07
GF Value S$12.40
Valuation Modestly Undervalued
! 6 Warning Signs
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What is iFAST Tax Expense?

iFAST SGX:AIY -1.52% 93 Tax Expense is S$19.4 Mil as of Mar. 2026. GuruFocus rates SGX:AIY with a GF Score™ of 93/100 and a GF Value™ of S$12.40 (Modestly Undervalued). The stock has 6 warning signs investors should review.

iFAST's tax expense for the months ended in Mar. 2026 was S$5.5 Mil. Its tax expense for the trailing twelve months (TTM) ended in Mar. 2026 was S$19.4 Mil.


iFAST  (SGX:AIY) 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.


iFAST Tax Expense Related Terms


iFAST Tax Expense Historical Data

* Premium members only.

The historical data trend for iFAST'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.

iFAST Tax Expense Chart

iFAST Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.41 5.41 9.57 17.20 18.28

iFAST Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 Premium Member Only Premium Member Only 4.34 4.94 5.52 3.49 5.50
SGX:AIY
93GF Score
iFAST Corp Ltd SGX:AIY
Tax Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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iFAST 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was S$19.4 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 S$19.4 Mil mean?
iFAST (SGX:AIY) has a Tax Expense of S$19.4 Mil as of Mar. 2026. Tax expense is the amount of tax the company pays in an accounting period. View historical data on iFAST and its competitors.
Is iFAST's Tax Expense too high?
iFAST's current Tax Expense is S$19.4 Mil. Overall, iFAST has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does iFAST's Tax Expense compare to UBER and SHOP?
iFAST's Tax Expense of S$19.4 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 iFAST and its competitors. iFAST's current Tax Expense is S$19.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is iFAST stock overvalued right now?
Based on GuruFocus' analysis, iFAST (SGX:AIY) is currently considered Modestly Undervalued. The stock's GF Value™ is S$12.40, compared to a current price of S$9.07 — trading 26.9% below its estimated fair value. The current Tax Expense is S$19.4 Mil. iFAST's overall GF Score™ is 93/100 with 6 warning signs to review. 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 iFAST (SGX:AIY), the current Tax Expense is S$19.4 Mil as of Mar. 2026. 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.

Is iFAST (SGX:AIY) Overvalued in 2026?

Based on GuruFocus' analysis, iFAST stock appears to be undervalued. The current stock price of S$9.07 is trading 26.9% below its estimated GF Value™ of S$12.40. GuruFocus considers iFAST to be Modestly Undervalued.

Key valuation signals for SGX:AIY:

  • Tax Expense: S$19.4 Mil
  • GF Value™: S$12.40 vs. price of S$9.07 (26.9% below fair value)
  • GF Score™: 93/100 with 6 warning signs

No single metric tells the full story. See the SGX:AIY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


iFAST Business Description

Address 10 Collyer Quay, No. 26-01, Ocean Financial Centre, Singapore, SGP, 049315
iFAST Corp Ltd is an investment holding company. It is engaged in the development of software, marketing of unit trusts, exchange-traded funds, listed stocks, debt securities, and Singapore government securities through websites and acting as an investment advisor, dealer, and custodian in the securities, portfolio management, pension administrative services, trust services, and banking services. The company operates through geographic segments: Singapore, Hong Kong, Malaysia, the United Kingdom, and China. The Hong Kong region generates maximum revenue for the company. The company receives the majority of revenue in the form of commissions and fees.
93GF Score

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Tax Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

S$9.07
Price
S$12.40
GF Value