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.

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 Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Enlight Renewable Energy 11.89 Bn 10.73 Bn 117.49 Mn 24.69%
2 Ormat Technologies 6.96 Bn 6.31 Bn 68.70 Mn -56.33%
3 Brookfield Renewable Partners 4.63 Bn 2.13 Bn 623.00 Mn -7.00%
4 Clearway Energy 3.77 Bn 3.43 Bn 332.00 Mn -11.11%
5 ReNew Energy Global 2.48 Bn 2.06 Bn 269.00 Mn -
6 Fluence Energy 1.84 Bn 1.27 Bn 33.24 Mn -1.84%
7 XPLR Infrastructure 1.08 Bn 583.98 Mn - -550.00%
8 Energy Vault Holdings 685.75 Mn 617.00 Mn 4.79 Mn 0.00%
9 AXIA Energia 672.29 Mn -1.91 Bn 1.44 Bn -18.29%
10 Eco Wave Power Global AB (publ) 342.25 Mn 342.25 Mn - -

Historic Data

Download Data
DateValue
Jun 30, 2022 -1.91%
Jun 30, 2022 -1.91%
Jun 30, 2022 -1.91%
Dec 31, 2021 -758.41%
Dec 31, 2021 -758.41%
Dec 31, 2021 -758.41%
Sep 30, 2021 45.15%
Sep 30, 2021 45.15%
Sep 30, 2021 45.15%
Jun 30, 2021 -2.62%
Jun 30, 2021 -2.62%
Jun 30, 2021 -2.62%
Dec 31, 2020 106.95%
Dec 31, 2020 106.95%
Dec 31, 2020 106.95%
Sep 30, 2020 104.71%
Sep 30, 2020 104.71%
Sep 30, 2020 104.71%
Jun 30, 2020 118.29%
Jun 30, 2020 118.29%