Avalara, Inc., together with its subsidiaries, provides cloud-based solutions for transaction tax compliance worldwide. The company offers a suite of compliance solutions that enable businesses to address the complexity of transaction tax compliance; process transactions in real time; produce detailed records of transaction tax determinations; and reduce errors, audit exposure, and total transaction tax compliance costs. The company's solutions include AvaTax, a solution for determining sales tax in the United States; Avalara Compliance Cloud Returns for tax return preparation, filing, and remittance; which creates, validates, stores, and manages sales tax exemption. It also provides professional services, including nexus studies and back filing services, voluntary compliance initiatives, tax registrations, reverse audits, audit defense, and specialized tax research. The company was formerly known as Advantage Solutions, Inc. and changed its name to Avalara, Inc. in December 2005. Avalara, Inc. was incorporated in 1999 and is headquartered in Seattle, Washington.

Jared Vogt

Rory Rawlings

Scott McFarlane

Avalara, Inc.

LEAFIO AI provides retail automation software that optimizes inventory management, assortment performance, shelf efficiency, and customer loyalty through AI-driven solutions. The service is described as self-described as a provider of cutting-edge technology for operational excellence in retail.

LEAFIO AI

MasterTax provides payroll tax technology that helps automate payroll tax compliance processes to minimize compliance risk and avoid penalties.

MasterTax

Safety Tax provides support for business formation and offshore tax expertise, ensuring compliance and facilitating business expansion worldwide. Self-described as a trusted global partner.

Safety Tax

Avalara Brasil

Avalara Europe

Avalara India

Avalara Partners

Avalara makes tax compliance faster, easier, more accurate, and more reliable for 30,000+ business and government customers in over 90 countries. Tax compliance automation software solutions from Avalara leverage 1,200+ signed partner integrations across leading ecommerce, ERP, and other billing systems to power tax calculations, document management, tax return filing, and tax content access. Visit avalara.com to improve your compliance journey. 

Sixth Street Specialty Lending

Warburg Pincus

Pioneer Venture Partners

Arthur Ventures

Battery Ventures

Sageview Capital

Avalara

In our first company meeting of the year, Megan Higgins, SVP of Global Partners made her AvaChat debut as we talked about the importance of Avalara Partners and our new Partner Program.

Today’s launch is the beginning of a multiyear vision for partners to drive sustainable growth and opportunity, make it easier to do business with Avalara, and deliver peace of mind to their customers who are leveraging a leading tax compliance platform. 

Get full details for our new partner program here:
https://lnkd.in/g98ewHcV

#AvalaraPartner #Avaculture

Our Avalara Partners are a part of what makes us great—from collaborating at industry events to innovating tax solutions for customers, we exemplify teamwork.

That’s why we’re excited to unveil the new Avalara Partner Program designed to help our partners elevate their game with more valuable opportunities for growth.

Hear from our executive leadership team Megan Higgins, Frank D. Hanzlik, Karine Elsen, Mark Wilhelm, and Jeff Roth to get full program details and an overview of the new partner portal.  

📆: January 31, 2024
🕘: 9 a.m. PT

Register here: 
https://lnkd.in/gHJajTV8

#AvalaraPartners #TaxCompliance #Automation #TaxAutomation


Countless teams and countless hours go into creating a product with as big an impact as our Avalara Tax Changes report. 

But here are a few things the report has that we can quantify:

- 160+ pages of sales tax information
- 7 major industries represented
- 100+ visuals 

Prepare yourself for the year with our free guide on tax changes and trends: https://lnkd.in/ducuCT2W

It may be 2024, but we're seeing 20/20! We are proud to share that we have  been recognized as a market leader in G2’s Winter 2024 Grid for Sales Tax and VAT Compliance Software, making this our 20th consecutive quarter as a leader. 🎉

As the world’s largest and most trusted software marketplace, G2 is visited by 90 million software buyers each year. Products recognized in the leader quadrant are rated highly by G2 users and have substantial Market Presence scores. 

#Avaculture

What should you expect this year in the world of tax? We asked experts from Avalara to provide their predictions for 2024.

The biggest topics were #AI, #automation, and the accounting labor shortage.

Check out the full 2024 predictions from Avalara's Vsu Subramanian, George Trantas, Scott Peterson, Alex Baulf, Sona B Akmakjian, CPA, and Kael Kelly, and tax and accounting professionals Diane Yetter, Michelle River, Irfan Dossani, Randy Johnston, Rick Telberg, Gail Perry, CPA, S. Yvonne Scott, Blake Oliver, CPA, and Geni Whitehouse.

https://lnkd.in/g9zHDCKD 

#Tax #Accounting

Metric
Company Name	Avalara, Inc.	LEAFIO AI	MasterTax	Safety Tax
Symbol	AVLR
MSH ID	COM:AVALARA	AI:LEAFIO	COM:MASTERTAX	COM:SAFETYTAX
Market	STOCKS	PRIVATE	PRIVATE	PRIVATE
Sector	Technology	Technology	Commercial & Professional Services	Commercial & Professional Services
Industry	Software - Application	Software & IT Services	Financial Services	Financial Services
Country	US	US	US	US
Stage
Employee Count	4.46K
Website	avalara.com	leafio.ai	mastertax.com	safetytax.com
LinkedIn	avalara	leafio		safety-tax
Founders

Metric
Market Cap
Enterprise Value
Monthly Web Traffic	75.96K	1.08K	13.18K
Web Traffic Growth	1.82		-0.53
Valuation
Raised Capital

Metric
Revenue	698.98M
Revenue (LTM)
Revenue (NTM)
Gross Profit	494.14M
EBITDA	-83.09M
Operating Income	-119.61M
Net Income	-125.23M
EPS	-1.45
Diluted EPS	-1.45
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin	0.71
Operating Profit Margin	-0.17
EBITDA Margin	-0.12
Net Profit Margin	-0.18
Return on Equity	-0.12
Return on Assets	-0.05
Return on Capital Employed	-0.06

COM:AVALARA

Avalara Inc

Last Close

93.45

18/10 20:00

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Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio	-93.04
P/B Ratio	8.01
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio
EV Multiple	-5.97

Metric
Days Sales Outstanding	103.74
Days Payables Outstanding	57.31
Days Inventory Outstanding
Operating Cycle	60.43
Cash Conversion Cycle	30.70
Asset Turnover	0.26

Metric
Operating Cash Flow	34.12M
Free Cash Flow	10.79M
Cash Flow to Debt	0.03
Operating Cash Flow/Sales	0.05
Free Cash Flow Yield

Metric
Cash & Equivalents	1.51B
Accounts Receivable	-36.05M
Inventory
Goodwill	672.38M
Debt to Capitalization	0.50
Debt to Assets	0.39
Current Ratio	3.18
Quick Ratio	2.87

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue	0.19
R&D to Revenue	0.26
SG&A to Revenue	0.21