OverviewSuggest Edit

Avalara is a cloud-based software provider that delivers compliance solutions related to sales tax. The Company provides full-service sales tax management tools utilizing automation of statutory transactional tax compliance and helps businesses of all sizes achieve compliance with transactional taxes, including VAT, sales and use, excise, communications, and other tax types.

TypePublic
Founded2004
HQSeattle, US
Websiteavalara.com
Employee Ratings3.4

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Latest Updates

Employees (est.) (Feb 2019)1,495
Job Openings179
Revenue (FY, 2017)$213.2 M(+28%)
Share Price (Mar 2019)$54 (-1%)

Key People/Management at Avalara

Scott McFarlane

Scott McFarlane

Founder & CEO
Bill Ingram

Bill Ingram

CFO
Peter Horadan

Peter Horadan

EVP, Engineering
Pascal Van Dooren

Pascal Van Dooren

CRO
Richard Asquith

Richard Asquith

VP, Global Indirect Tax
Karen Sherwood

Karen Sherwood

VP, Corporate Experience
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Avalara Office Locations

Avalara has offices in Seattle, Green Bay, Greenwood Village, Rocklin and in 10 other locations
Seattle, US (HQ)
1100 2nd Ave #300
Bainbridge Island, US
100 Ravine Ln NE #220
Durham, US
512 S Mangum St #100
Green Bay, US
360 Ams Ct
Greenwood Village, US
6465 Greenwood Plaza Blvd #760
Houston, US
24 Greenway Plaza #2020
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Avalara Financials and Metrics

Avalara Revenue

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Avalara's revenue was reported to be $213.16 m in FY, 2017 which is a 27.3% increase from the previous period.
USD

Revenue (Q2, 2018)

63.7m

Gross profit (Q2, 2018)

45.1m

Gross profit margin (Q2, 2018), %

70.8%

Net income (Q2, 2018)

(17.8m)

EBIT (Q2, 2018)

(17.3m)

Market capitalization (15-Mar-2019)

3.7b

Closing stock price (15-Mar-2019)

54.0

Cash (30-Jun-2018)

173.1m

EV

3.6b
Avalara's current market capitalization is $3.7 b.
Annual
USDFY, 2015FY, 2016FY, 2017

Revenue

123.2m167.4m213.2m

Revenue growth, %

36%27%

Cost of goods sold

40.5m48.5m58.0m

Gross profit

82.7m118.9m155.2m
Quarterly
USDQ1, 2018Q2, 2018

Revenue

61.4m63.7m

Cost of goods sold

17.5m18.6m

Gross profit

43.9m45.1m

Gross profit Margin, %

71%71%
Annual
USDFY, 2016FY, 2017

Cash

20.2m14.1m

Accounts Receivable

26.7m26.6m

Prepaid Expenses

4.4m7.0m

Current Assets

62.4m61.1m
Quarterly
USDQ1, 2018Q2, 2018

Cash

12.6m173.1m

Accounts Receivable

32.9m28.7m

Prepaid Expenses

9.4m6.4m

Current Assets

86.9m226.2m
Annual
USDFY, 2015FY, 2016FY, 2017

Net Income

(77.8m)(57.9m)(64.1m)

Depreciation and Amortization

9.1m10.4m10.9m

Accounts Payable

2.9m2.9m(112.0k)

Cash From Operating Activities

(47.0m)(21.7m)(3.5m)
Quarterly
USDQ1, 2018Q2, 2018

Net Income

(15.2m)(33.0m)

Depreciation and Amortization

3.0m6.0m

Accounts Payable

(1.7m)(2.2m)

Cash From Operating Activities

(13.4m)(11.3m)
USDY, 2018

EV/EBIT

-208.4 x

EV/CFO

-319.7 x

Revenue/Employee

42.2k

Debt/Equity

0.2 x

Debt/Assets

0.1 x

Financial Leverage

2.5 x
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Avalara Operating Metrics

Avalara's Customers was reported to be 20 k in Apr, 2017.
Jan, 2013Y, 2016Apr, 2017Aug, 2017Dec, 2017

Average Tax Calculations per Second

1.20 k

UPCs

10 m15 m

Customers

20 k

Integrations

580 600
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Avalara Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
VAT ApplicationsJune 16, 2015
EZtaxJune 02, 2015
HotSpot TaxMarch 04, 2015
VATliveDecember 12, 2014

Avalara Revenue Breakdown

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Avalara revenue breakdown by business segment: 15.7% from Professional services and other and 84.3% from Subscription and returns

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Avalara Online and Social Media Presence

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Avalara News and Updates

Avalara announces new executive appointments

American tax compliance automation service provider Avalara said on Wednesday it has appointed Amit Mathradas as the company's President and Chief Operating officer (COO).

US-based Avalara acquires AI start-up Indix

Seattle-headquartered Avalara, a provider of tax compliance automation software for businesses, on Friday said it had acquired Indix's Artificial Intelligence (AI)technology and the team that created it for an undisclosed sum.
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Avalara Frequently Asked Questions

  • When was Avalara founded?

    Avalara was founded in 2004.

  • Who are Avalara key executives?

    Avalara's key executives are Scott McFarlane, Bill Ingram and Peter Horadan.

  • How many employees does Avalara have?

    Avalara has 1,495 employees.

  • What is Avalara revenue?

    Latest Avalara annual revenue is $213.2 m.

  • What is Avalara revenue per employee?

    Latest Avalara revenue per employee is $142.6 k.

  • Who are Avalara competitors?

    Competitors of Avalara include Vertex, H&R Block and TaxJar.

  • Where is Avalara headquarters?

    Avalara headquarters is located at 1100 2nd Ave #300, Seattle.

  • Where are Avalara offices?

    Avalara has offices in Seattle, Green Bay, Greenwood Village, Rocklin and in 10 other locations.

  • How many offices does Avalara have?

    Avalara has 15 offices.