Eco Wave Power Global AB (publ) (WAVE) Tax Provisions (2020 - 2022)
Eco Wave Power Global AB (publ) (WAVE) posted quarterly Tax Provisions of $13000.0 for Q2 2022, down 31.58% year-over-year from $19000.0 in Q2 2021, and down 99.68% quarter-over-quarter from $4.1 million in Q4 2021.
Analysis
Eco Wave Power Global AB (publ) (WAVE) Tax Provisions (2020 - 2022) Analysis & Trends
Eco Wave Power Global AB (publ) (WAVE) has reported Tax Provisions for 3 consecutive years, with $13000.0 the latest figure, recorded in Q2 2022.
- In Q2 2022, Tax Provisions fell 31.58% year-over-year to $13000.0; the TTM figure through Jun 2022 stood at $3.6 million (up 235.94% YoY), while the FY2022 annual figure was $2.9 million, up 23.6% from the prior year.
- Tax Provisions declined to $13000.0 in Q2 2022 per WAVE's latest filing, from $4.1 million in the prior quarter.
- Across five years, Tax Provisions topped out at $4.1 million in Q4 2021 and bottomed at -$2.0 million in Q4 2020.
- Historically, Tax Provisions has averaged $134000.0 across 3 years, with a median of -$283000.0 in 2020.
- Annual changes were most pronounced in 2021 — Tax Provisions jumped 308.38% — and 2022, when it plunged 31.58%.
- Eco Wave Power Global AB (publ)'s Tax Provisions stood at -$2.0 million in 2020, then surged by 308.38% to $4.1 million in 2021, then plunged by 99.68% to $13000.0 in 2022.
- Business Quant data shows WAVE's Tax Provisions at $13000.0 in Q2 2022, $4.1 million in Q4 2021, and -$515000.0 in Q3 2021.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | AXIA Energia | 30.72 Bn | 28.40 Bn | 2.59 Bn | -90.41 Mn |
| 2 | Enlight Renewable Energy | 9.46 Bn | 8.16 Bn | 117.49 Mn | -10.22 Mn |
| 3 | Ormat Technologies | 6.42 Bn | 5.77 Bn | 68.70 Mn | -9.67 Mn |
| 4 | Brookfield Renewable Partners | 4.65 Bn | 2.41 Bn | 927.00 Mn | 78.00 Mn |
| 5 | Clearway Energy | 3.45 Bn | 3.11 Bn | 332.00 Mn | -3.00 Mn |
| 6 | ReNew Energy Global | 2.48 Bn | 2.09 Bn | - | 25.00 Mn |
| 7 | Fluence Energy | 1.46 Bn | 894.31 Mn | 33.24 Mn | 800,000.00 |
| 8 | XPLR Infrastructure | 1.12 Bn | 1.12 Bn | 219.00 Mn | -11.00 Mn |
| 9 | Energy Vault Holdings | 621.58 Mn | 514.23 Mn | 5.38 Mn | 900,000.00 |
| 10 | Eco Wave Power Global AB (publ) | 283.14 Mn | 283.14 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2022 | 13,000.00 |
| Dec 31, 2021 | -591,000.00 |
| Sep 30, 2021 | -515,000.00 |
| Jun 30, 2021 | 19,000.00 |
| Dec 31, 2020 | -785,000.00 |
| Sep 30, 2020 | -430,000.00 |
| Jun 30, 2020 | -283,000.00 |