Liberty Tax

Liberty Tax is income tax preparation at its best: friendly, accurate, and with a money back guarantee. In addition to consulting services, Liberty Tax offers e-file and do-it-yourself preparation. Joining our Talent Network will enhance your job search and application process. Whether you choose to apply or just leave your information, we look forward to staying connected with you. Receive alerts with new job opportunities that match your interests Receive relevant communications and updates from our organization Founded in 1997 by CEO & tax industry expert John Hewitt, Liberty Tax is the fastest-growing tax preparation franchise ever. From its start as Canadian company U&R Tax Depot, Liberty Tax has become an industry leader with a network of over 30,000 tax preparers and almost 16 million individual tax returns prepared. In just 16 years, Liberty Tax has grown to more than 4,500 offices operating in the U.S. and Canada. What makes Liberty Tax unique? We highly support our franchisees and firmly stand by our mission statement. Known for our Liberty wavers, roadside parties, and fun company culture, Liberty Tax has been recognized as raising the bar for all franchises, not just personal income tax-based businesses. Liberty Tax has been ranked as a top franchise opportunity by Entrepreneur magazine for 4 consecutive years and a top tax firm by Accounting Today in 2010 and 2011. We have been awarded a top spot among franchises by magazines such as Black Enterprise, Poder/Hispanic Enterprise, and Military Times Edge. Liberty Tax went public in 2012 and is traded on the NASDAQ stock exchange (TAX). The company is headquartered in Virginia Beach, VA.
Type
Public
HQ
Virginia Beach, US
Founded
1997
Size (employees)
1,332 (est)+30%
Liberty Tax was founded in 1997 and is headquartered in Virginia Beach, US

Liberty Tax Office Locations

Liberty Tax has an office in Virginia Beach
Virginia Beach, US (HQ)
1716 Corporate Landing Pkwy

Liberty Tax Metrics

Liberty Tax Financial Metrics

Liberty Tax's revenue was reported to be $173.4 m in FY, 2016 which is a 7% increase from the previous period.

Revenue (FY, 2016)

$173.4 m

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

7%

Net income (FY, 2016)

$19.4 m

EBIT (FY, 2016)

$32.6 m

Market capitalization (22-May-2017)

$205.4 m

Closing share price (22-May-2017)

$14.5

Cash (31-Dec-2016)

$9.9 m
Liberty Tax's current market capitalization is $205.4 m.
FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

$117.9 m$131.2 m$147.6 m$159.7 m$162.2 m$173.4 m

Revenue growth, %

11%12%8%2%7%

Operating expense total

$124.9 m$146.8 m$140.9 m

EBIT

$35 m$15.6 m$32.6 m

EBIT margin, %

22%10%19%

Interest expense

$2 m$1.9 m$2 m$1.4 m$1.9 m$2 m

Interest income

$14.7 m$13.6 m

Pre tax profit

$13.5 m$30.5 m

Income tax expense

$10.1 m$9.7 m$11.2 m$13.7 m$4.8 m$11.1 m

Net Income

$22 m$8.7 m$19.4 m
Y, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015Y, 2016

Cash

$2.1 m$1.7 m$19.8 m$19 m$46.1 m$21.4 m$9.9 m

Accounts Receivable

$46.1 m$49.9 m

Inventories

Current Assets

$125.5 m$105.9 m$100.8 m

Goodwill

$3 m$3.4 m$4.2 m

Total Assets

$198.8 m$184.1 m$193.3 m

Accounts Payable

$15 m$17.3 m$11.7 m

Total Debt

$24.3 m

Current Liabilities

$55.8 m$53.8 m$50.9 m

Common Stock

$124 k$119 k$120 k

Preferred Stock

Additional Paid-in Capital

$9.4 m$4.1 m$7.2 m

Retained Earnings

$100.6 m$95.3 m$105.9 m

Total Equity

$110.2 m$98.9 m$111.5 m

Financial Leverage

1.8 x1.9 x1.7 x
FY, 2014FY, 2015FY, 2016

Net Income

$22 m$8.7 m$19.4 m

Depreciation and Amortization

$7.8 m$8.5 m$6.9 m

Accounts Receivable

Inventories

Accounts Payable

$2.6 m$2.7 m($6.2 m)

Cash From Operating Activities

$43.5 m$24.5 m$29.8 m

Purchases of PP&E

($9.1 m)($11.5 m)($10.7 m)

Cash From Investing Activities

($14 m)($20.6 m)($29.3 m)

Long-term Borrowings

($3.4 m)

Dividends Paid

($8.9 m)

Cash From Financing Activities

($2.2 m)($28.5 m)($11.8 m)

Income Taxes Paid

$3.8 m($7.5 m)$1.8 m
Y, 2016

Revenue/Employee

$169 k

Financial Leverage

1.7 x

Liberty Tax Market Value History

Liberty Tax Online Presence

Liberty Tax News

Liberty Tax Company Life

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