Blucora, Inc. is a leading provider of technology-enabled financial solutions for consumers, small business owners and tax professionals. Through our operating companies, TaxAct and HD Vest, we provide leading products in tax preparation and wealth advisory services and help millions of individuals manage their financial lives.

With more than 500 employees located primarily in Bellevue, WA, Irving, Texas and Cedar Rapids, Iowa. Blucora is led by experienced management teams with deep expertise in their respective markets.

Type
Public
HQ
Bellevue, US
Founded
1996
Size (employees)
476 (est)-38%
Blucora was founded in 1996 and is headquartered in Bellevue, US

Blucora Office Locations

Blucora has offices in Bellevue, Irving and Cedar Rapids
Bellevue, US (HQ)
800 10900 Ne 8th St

Blucora Data and Metrics

Blucora Financial Metrics

Blucora's revenue was reported to be $455.9 m in FY, 2016 which is a 287% increase from the previous period.
USD

Revenue (FY, 2016)

455.9 m

Revenue growth (FY, 2015 - FY, 2016), %

287%

Gross profit (FY, 2016)

232.7 m

Gross profit margin (FY, 2016), %

51%

Net income (FY, 2016)

(64.5 m)

EBIT (FY, 2016)

37.1 m

Market capitalization (20-Jul-2017)

938.1 m

Cash (31-Dec-2016)

51.7 m
Blucora's current market capitalization is $938.1 m.
USDFY, 2014FY, 2015FY, 2016

Revenue

580.7 m117.7 m455.9 m

Revenue growth, %

1%(80%)287%

Cost of goods sold

320.5 m13.7 m223.2 m

Gross profit

260.2 m104 m232.7 m

Gross profit Margin, %

45%88%51%

Sales and marketing expense

45.9 m89.4 m

General and administrative expense

43.6 m47.4 m

Operating expense total

589.2 m122.5 m418.8 m

EBIT

(8.4 m)(4.8 m)37.1 m

EBIT margin, %

(1%)(4%)8%

Pre tax profit

(23.2 m)(17.3 m)(2.7 m)

Income tax expense

(12.3 m)(4.6 m)1.3 m

Net Income

(35.5 m)(40.1 m)(64.5 m)
USDY, 2009Y, 2010Y, 2011Y, 2012Y, 2013FY, 2014FY, 2015FY, 2016

Cash

83.8 m155.6 m81.9 m68.3 m130.2 m46.4 m55.5 m51.7 m

Accounts Receivable

8.3 m3.3 m24.4 m4 m

Inventories

28.8 m29.2 m

Current Assets

428.7 m378.3 m340.7 m97.8 m

PP&E

16.1 m15.9 m11.3 m10.8 m

Goodwill

349 m

Total Assets

978 m872.7 m1.3 b1 b

Accounts Payable

61.3 m37.8 m4.7 m4.5 m

Current Liabilities

289.4 m75.1 m166.1 m54.4 m

Non-Current Liabilities

174.6 m318.6 m656.1 m535.6 m

Total Liabilities

464 m393.7 m822.2 m589.9 m

Additional Paid-in Capital

1.5 b1.5 b1.5 b1.5 b

Retained Earnings

(952 m)(987.5 m)(1 b)(1.1 b)

Total Equity

514.1 m462.3 m417 m

Financial Leverage

1.9 x2.8 x2.5 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

24.4 m(35.5 m)(40.1 m)(64.5 m)

Depreciation and Amortization

16.1 m23.6 m1.5 m3.9 m

Accounts Receivable

(9.9 m)17 m(1.9 m)(2.3 m)

Inventories

(1.3 m)(420 k)(493 k)3.7 m

Accounts Payable

12.3 m(23.5 m)369 k(153 k)

Cash From Operating Activities

95.1 m55.7 m13.5 m

Purchases of PP&E

(4.7 m)(5.2 m)(1.5 m)(3.8 m)

Cash From Investing Activities

(303.7 m)(101.9 m)

Long-term Borrowings

(10 m)

Cash From Financing Activities

270.6 m(37.6 m)

Interest Paid

11.2 m

Income Taxes Paid

2.7 m
USDY, 2016

Revenue/Employee

590.6 k

Financial Leverage

2.5 x

Blucora Operating Metrics

Q1, 2013FY, 2013Q1, 2014FY, 2014FY, 2014Q1, 2015Q2, 2015Q3, 2015Q4, 2015FY, 2015Q1, 2016May, 2016Q2, 2016Q3, 2016Q4, 2016FY, 2016Q1, 2017

E-files (Tax Preparation)

4.16 m5.47 m4.36 m5.47 m5.38 m5.01 m7 m4.42 m

Total Assets Under Administration (Wealth Management)

$37.13 b$37.79 b$37.84 b$35.63 b$36.57 b$36.57 b$36.51 b$37.23 b$38.48 b$38.66 b$38.66 b$40.42 b

Advisory Assets Under Management (Wealth Management)

$9.55 b$9.86 b$9.9 b$9.4 b$9.69 b$9.69 b$9.59 b$9.81 b$10.2 b$10.4 b$10.4 b$11.09 b

Advisors (Wealth Management)

4.52 k4.56 k4.58 k4.63 k4.6 k4.6 k4.58 k4.56 k4.57 k4.47 k4.47 k4.43 k

Tax Preparers (TaxAct)

20 k

Federal Returns (TaxAct)

65 m

Clients (HD Vest)

360 k

    Blucora Market Value History

    Blucora Revenue Breakdown

    Blucora Job Categories

    Blucora Online and Social Media Presence

    Blucora Company Life and Culture

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