It's very heavily taxed. On racing you've got turnover tax of about 2%, plus GST at 10% of revenue point of consumption tax at 10-15% of revenue. That's about 1/3 of potential profit going in fees/taxes, before the 30% NPAT is imposed on whatever profit remains after marketing costs, wages and IT expenditure.
. Reaper
It's very heavily taxed. On racing you've got turnover tax of...
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Last
23.3¢ |
Change
-0.003(1.06%) |
Mkt cap ! $58.99M | |||
| Open | High | Low | Value | Volume |
| 23.5¢ | 23.5¢ | 23.0¢ | $10.10K | 43.27K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 76236 | 23.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.5¢ | 24352 | 4 |
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| Last trade - 11.13am 01/05/2024 (20 minute delay) ? |
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Last
23.5¢ |
Change
-0.003 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 23.0¢ | 23.5¢ | 23.0¢ | 37474 | ||
| Last updated 11.18am 01/05/2024 ? | |||||
| BBT (ASX) Chart |