Eco Wave Power Global AB (publ) (WAVE) Tax Rate (2020 - 2022)
Eco Wave Power Global AB (publ) (WAVE) posted quarterly Tax Rate of 1.91% for Q2 2022, up 71.0% year-over-year from 1.11% in Q2 2021, and up 99.75% quarter-over-quarter from 758.41% in Q4 2021.
Analysis
Eco Wave Power Global AB (publ) (WAVE) Tax Rate (2020 - 2022) Analysis & Trends
Eco Wave Power Global AB (publ) (WAVE) has reported Tax Rate for 3 consecutive years, with 1.91% the latest figure, recorded in Q2 2022.
- In Q2 2022, Tax Rate rose 71.0% year-over-year to 1.91%; the TTM figure through Jun 2022 stood at 118.67% (down 20144.0% YoY), while the FY2022 annual figure was 100.0%, changed 0.0% from the prior year.
- Tax Rate advanced to 1.91% in Q2 2022 per WAVE's latest filing, from 758.41% in the prior quarter.
- Across five years, Tax Rate topped out at 118.29% in Q2 2020 and bottomed at 758.41% in Q4 2021.
- Historically, Tax Rate has averaged 55.4% across 3 years, with a median of 45.15% in 2021.
- Annual changes were most pronounced in 2021 — Tax Rate tumbled 86536 bps — and 2022, when it jumped 71 bps.
- Eco Wave Power Global AB (publ)'s Tax Rate stood at 106.95% in 2020, then sank by 809 bps to 758.41% in 2021, then surged by 100 bps to 1.91% in 2022.
- Business Quant data shows WAVE's Tax Rate at 1.91% in Q2 2022, 758.41% in Q4 2021, and 45.15% in Q3 2021.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | AXIA Energia | 30.72 Bn | 28.40 Bn | 2.59 Bn | -10.80% |
| 2 | Enlight Renewable Energy | 9.46 Bn | 8.16 Bn | 117.49 Mn | -24.44% |
| 3 | Ormat Technologies | 6.42 Bn | 5.77 Bn | 68.70 Mn | -56.33% |
| 4 | Brookfield Renewable Partners | 4.65 Bn | 2.41 Bn | 927.00 Mn | 7.23% |
| 5 | Clearway Energy | 3.45 Bn | 3.11 Bn | 332.00 Mn | -11.11% |
| 6 | ReNew Energy Global | 2.48 Bn | 2.09 Bn | - | 28.41% |
| 7 | Fluence Energy | 1.46 Bn | 894.31 Mn | 33.24 Mn | -1.84% |
| 8 | XPLR Infrastructure | 1.12 Bn | 1.12 Bn | 219.00 Mn | -550.00% |
| 9 | Energy Vault Holdings | 621.58 Mn | 514.23 Mn | 5.38 Mn | -3.12% |
| 10 | Eco Wave Power Global AB (publ) | 283.14 Mn | 283.14 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2022 | -1.91% |
| Dec 31, 2021 | 109.24% |
| Sep 30, 2021 | 45.15% |
| Jun 30, 2021 | -2.57% |
| Dec 31, 2020 | 47.09% |
| Sep 30, 2020 | 98.21% |
| Jun 30, 2020 | 116.34% |