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.

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 Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Enlight Renewable Energy 11.86 Bn 10.69 Bn 117.49 Mn 10.22 Mn
2 Ormat Technologies 6.97 Bn 6.31 Bn 68.70 Mn -9.67 Mn
3 Brookfield Renewable Partners 4.63 Bn 2.13 Bn 623.00 Mn -42.00 Mn
4 Clearway Energy 3.79 Bn 3.45 Bn 332.00 Mn -3.00 Mn
5 ReNew Energy Global 2.48 Bn 2.06 Bn 269.00 Mn -
6 Fluence Energy 1.83 Bn 1.27 Bn 33.24 Mn 800,000.00
7 XPLR Infrastructure 1.08 Bn 584.55 Mn - -11.00 Mn
8 AXIA Energia 672.29 Mn -1.91 Bn 1.44 Bn -106.66 Mn
9 Energy Vault Holdings 671.14 Mn 602.39 Mn 4.79 Mn 1,000.00
10 Eco Wave Power Global AB (publ) 342.25 Mn 342.25 Mn - -

Historic Data

Download Data
DateValue
Jun 30, 2022 13,000.00
Dec 31, 2021 4.10 Mn
Sep 30, 2021 -515,000.00
Jun 30, 2021 19,000.00
Dec 31, 2020 -1.97 Mn
Sep 30, 2020 -430,000.00
Jun 30, 2020 -283,000.00