Google Australia advertising revenue dips

By AdNews | 9 May 2025
 

Google Australia reported a 1.3% drop in revenue to $1.981 billion in the year to December, according to filings to corporate regulator ASIC.

Income tax paid was $83 million, a rate of about 4%. 

The local entity, Google Australia Pty Ltd, acts as a reseller of advertising for a Singapore subsidiary, Google Asia Pacific Pte, of the US-based company.

Profit after tax was $341,039,000 up from $319,156,000.

Employee benefit expenses came in at $990.333 million. Of that $222.412 million was share-based payments.

Globally, revenue at Alphabet, Google’s parent, was up 12% to $US90.2 billion in the March quarter.

Services revenue increased 10% to $77.3 billion, reflecting strong performance across Google Search & other, Google subscriptions, platforms, and devices and YouTube ads.

Google Australia 2024 downloaded may 2025 via ASIC

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