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| Date | Value |
|---|---|
| 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 |