The company has not filed an annual or quarterly report since its Q2 FY2022 10-Q, filed Aug 9, 2022. Its latest SEC filing is a 15-12G from Oct 31, 2022.
10-Q for Q2 FY2022, filed Aug 9, 2022
The sections below describe the company as of the FY2021 annual report.
Sells cloud software that helps businesses calculate sales and other transaction taxes, file returns, and manage tax documents and business licenses.
10-K for FY2021, filed Feb 24, 2022Avalara is a leading provider of tax compliance automation for businesses of all sizes. Every business, regardless of size, faces a…View ↗
Products and solutions for a broad array of compliance obligations. The Avalara Compliance Cloud includes a suite of compliance solutions…View ↗
Calculations. Avalara’s calculation products determine tax rates for transactions based on data and logic within our tax and product…View ↗
Returns and Reporting. Avalara’s tax returns and reporting products manage and automate the returns process, from form and data preparation…View ↗
Compliance Document Management. Avalara’s compliance document management products automate the creation, sending, receiving, storage, and…View ↗
Licensing and Registrations. Avalara’s licensing products and services support businesses of all sizes in the research, procurement, and…View ↗
Businesses mainly pay subscriptions for Avalara's compliance software, with prices tied to transaction volume. Avalara typically invoices subscription customers annually in advance.
$699M
10-K for FY2021, filed Feb 24, 2022
$699M ↗
Businesses from small companies to large enterprises buy directly, by phone or online; technology providers, systems integrators, accounting firms, and ecommerce platforms refer customers or include Avalara's tools in their offerings.
10-K for FY2021, filed Feb 24, 2022We sell our solutions primarily on a subscription basis with volume-based pricing. Our solutions are capable of addressing the transaction…View ↗
While we generally identify and engage directly with our prospective customers, we leverage the sales and referral resources of a broad…View ↗
In addition to reaching highly targeted enterprise and mid-market prospects, our marketing investments and activities generate interest…View ↗
Not on paper. It lost $125.2M in FY2021, but brought in more cash than it spent: $26.5M of free cash flow.
10-K for FY2021, filed Feb 24, 2022
−$106.6MView ↗
10-K for FY2021, filed Feb 24, 2022
−$125.2MView ↗
10-K for FY2021, filed Feb 24, 2022
$26.5MView ↗
10-Q for Q2 FY2022, filed Aug 8, 2022
−$55.8MView ↗
8-K, filed Oct 19, 2022
SEATTLE, October 19, 2022 – Avalara, Inc., a leading provider of tax compliance automation for businesses of all sizes, today announced the…View ↗
Grew. Revenue grew 3.3x in 4 years, from $213.2M in FY2017 to $699M in FY2021, about 35% a year.
Broader target market
Avalara's target market widened: the earlier report identifies mid-market customers as its primary target, while the latest describes efforts to reach enterprise and emerging small-business customers globally.
10-K for FY2018, filed Feb 28, 2019 10-K for FY2021, filed Feb 24, 2022Businesses across industries and of all sizes, ranging from small businesses to Fortune 100 companies, use our solutions. Mid-market…View ↗
Businesses across industries and of all sizes, ranging from small companies to Fortune 100 enterprises, use our solutions. While mid-market…View ↗
Competes with Sovos, TaxJar, Thomson Reuters, Vertex, and Wolters Kluwer
10-K for FY2021, filed Feb 24, 2022tax-specific solutions from vendors, including Avalara, but also Sovos, TPS Unlimited, Inc. d/b/a TaxJar (a Stripe, Inc. company), Thomson…View ↗
Loading...
