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