Reason is short term is because it's mainly due to losses made internationally (US mostly). This can last another 12-18 months depending on when they break even in US. As per the report:
"NPAT reflects high effective tax rate due to international tax losses not tax effected, and non-deductibility of employee share scheme costs "
A2M Income Tax, page-4
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$6.85 |
Change
-0.035(0.51%) |
Mkt cap ! $4.915B | |||
| Open | High | Low | Value | Volume |
| $6.90 | $6.90 | $6.80 | $4.294M | 627.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 20606 | $6.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.85 | 12680 | 18 |
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| A2M (ASX) Chart |