Liberty Tax provides tax preparation services and solutions in the United States and Canada. The Company also facilitates refund-based tax settlement financial products, such as refund transfer products, refund-based loans, and personal income tax refund discounting, as well as provides an online digital Do-It-Yourself tax program in the United States. Its customers include taxpayers who, for reasons of complexity, convenience, or the need for prompt tax refunds, seek assisted tax preparation services. Liberty Tax offers its products and services through a network of company-owned offices and franchised locations under the Liberty Tax, Liberty Tax Service, Liberty Income Tax, Liberty Canada, and SiempreTax+ brand names.
Type
Public
HQ
Virginia Beach, US
Founded
1997
Size (employees)
1,498 (est)+13%
Liberty Tax was founded in 1997 and is headquartered in Virginia Beach, US
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Key People/Management at Liberty Tax

Nicole Ossenfort

Nicole Ossenfort

President and Chief Executive Officer

Liberty Tax Office Locations

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

Liberty Tax Financials

Liberty Tax's revenue was reported to be $173.99 m in FY, 2017 which is a 0.3% increase from the previous period.
USD

Revenue (Q1, 2018)

8.2 m

Net income (Q1, 2018)

(9.8 m)

EBIT (Q1, 2018)

(15.9 m)

Market capitalization (14-Jun-2018)

106.8 m

Closing share price (14-Jun-2018)

8.2

Cash (31-Jul-2017)

6.3 m
Liberty Tax's current market capitalization is $106.8 m.
Annual
usdFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

117.9 m131.2 m147.6 m159.7 m162.2 m173.4 m174 m

Revenue growth, %

11%12%8%2%7%0%

Sales and marketing expense

44.6 m

General and administrative expense

58.2 m
Quarterly
USDQ1, 2014Q2, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Revenue

8.1 m7.3 m7.8 m7.7 m47.7 m7.5 m7.9 m53.6 m7.1 m7.2 m48.4 m8.2 m

Sales and marketing expense

6.1 m8.2 m8.4 m9.7 m10.5 m8.6 m8.2 m11.6 m9.7 m8.9 m11.2 m10 m

General and administrative expense

6.3 m7.7 m7.5 m10.4 m13 m7.8 m8.8 m12.6 m8.3 m9.2 m18.2 m

Operating expense total

17.4 m20.9 m21.9 m26 m43.4 m21.4 m21.9 m44.7 m22.4 m22 m43.3 m24.1 m
Annual
usdY, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015Y, 2016FY, 2017

Cash

2.1 m1.7 m19.8 m19 m46.1 m21.4 m9.9 m16.4 m

Accounts Receivable

46.1 m49.9 m54.7 m

Inventories

Current Assets

125.5 m105.9 m100.8 m115.7 m
Quarterly
USDQ1, 2014Q2, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Cash

8.6 m2.6 m8.6 m4.6 m3.2 m4.4 m4 m1.8 m4.9 m3.7 m3.5 m6.3 m

Accounts Receivable

33.5 m30.6 m59.9 m38.6 m38 m63 m43.2 m

Current Assets

76.2 m95.8 m91 m105 m176.6 m92.4 m108.6 m203.7 m103.8 m122.7 m199.6 m96.2 m

Goodwill

7 m7.2 m3 m3 m3.2 m3.3 m3.2 m4.1 m4.2 m4.1 m4.8 m7.6 m
Annual
usdFY, 2014FY, 2015FY, 2016FY, 2017

Net Income

22 m8.7 m19.4 m13 m

Depreciation and Amortization

7.8 m8.5 m6.9 m8.3 m

Inventories

Accounts Payable

2.6 m2.7 m(6.2 m)556 k
Quarterly
USDQ1, 2014Q2, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Net Income

(5.9 m)(8.5 m)(8.6 m)(11.3 m)(8.5 m)(9.1 m)(12.9 m)(9.4 m)(18.8 m)(16.3 m)(9.8 m)

Accounts Payable

9 m11.8 m27.8 m16.8 m9.2 m15.5 m9.6 m8.5 m22.3 m

Cash From Operating Activities

(68.3 m)(21.9 m)(39 m)(62 m)(14.5 m)

Cash From Investing Activities

(92.8 m)(8 m)(24.8 m)(65.7 m)(11.1 m)
USDY, 2017

Financial Leverage

1.7 x
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Liberty Tax Online and Social Media Presence

Embed Graph
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Liberty Tax News and Updates

Liberty Tax Founder John Hewitt Faces Ouster Amid Sex Scandal Allegations

A pension fund is asking a judge to order Hewitt to relinquish his controlling stake
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