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Financial Snapshot

Revenue
TTM
$789.4M
Gross Margin
TTM
70.21%
Net Income
TTM
-$166.4M
Current Assets
2022 Q2
Current Liabilities
2022 Q2
Current Ratio
2022 Q2
318.3%
Total Assets
2022 Q2
Total Liabilities
2022 Q2
Book Value
2022 Q2
1.026B
Cash
2022 Q2
P/E
Last 4 Quarters
N/A
Free Cash Flow
TTM
$36.84M

Stock Price

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Market Cap: $554.23 Million

About AVALARA, INC.

Avalara, Inc. engages in the provision of cloud-based solutions. The company is headquartered in Seattle, Washington and currently employs 4,465 full-time employees. The company went IPO on 2018-06-15. The firm offers a range of compliance solutions for transaction taxes and other product-related taxes, such as sales and use tax, value-added tax (VAT), fuel excise tax, beverage alcohol, cross-border taxes, lodging tax, communications tax, and insurance premium tax. These solutions enable customers to automate the process of determining taxability, identifying applicable tax rates, determining and collecting taxes, preparing and filing returns, remitting taxes, maintaining tax records, and managing compliance documents. Its multi-product platform, the Avalara Compliance Cloud, consists of calculation, returns, compliance document management, licensing and registration, fiscal representation, tax content, and insight solutions. Its platform enables customers to address the complexity of transaction tax and complementary compliance processes with advanced technologies and solutions.

Industry: Services-Prepackaged Software Peers: Zendesk, Inc. Applovin Corp Bentley Systems, Inc Dayforce, Inc. Dropbox Inc Dynatrace Inc Informatica Inc. Manhattan Associates Inc Procore Technologies Inc Salesforce Inc

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