AVALARA, INC.
Technology · Services-Prepackaged Software · WA · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | |
|---|---|---|---|---|---|---|
| Revenue | $699.0M | $500.6M | $382.4M | $272.1M | $213.2M | $167.4M |
| Operating income | −$106.6M | −$62.0M | −$55.9M | −$76.1M | −$63.3M | −$54.3M |
| Net income | −$125.2M | −$49.2M | −$50.2M | −$75.5M | −$64.1M | −$57.9M |
| Total assets | $2.70B | $1.60B | $807.3M | $322.9M | $178.8M | — |
| Total liabilities | $1.67B | $522.2M | $343.5M | $213.4M | $201.5M | — |
| Equity | $1.03B | $1.08B | $463.7M | $109.6M | −$393.6M | −$343.2M |
| EPS (diluted) | — | — | — | — | — | — |
| Shares out. | 85.4M | 78.0M | 69.5M | 66.8M | 6.0M | 5.7M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2021- Operating margin
- −15.2%
- Net margin
- −17.9%
- Return on equity
- −12.2%
- Return on assets
- −4.6%
- Return on capital (ROCE)
- −5.0%
- Liabilities / assets
- 62.0%
- Debt / equity
- 1.63×
- Book value / share
- $12.02
- Revenue growth (YoY)
- 39.6%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2021- Altman Z″ (distress)
- 2.49grey zone
- Accruals / assets
- −5.9%clean
- Beneish M-Score
- -2.76normal
- Piotroski F-Score
- 3/9weak
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 3 warning● 3 good- Operating losses (negative operating margin)
- Reported a net loss
- Altman Z″ in the grey zone
- Revenue is growing year-over-year
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Material events
SEC Form 8-K · most recent- Entered a material agreement · Terminated a material agreement · Completed an acquisition or disposition · New financial obligation · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylaws · Other material eventOct 19, 2022
- Shareholder vote · Other material eventOct 14, 2022
- Other material eventOct 4, 2022
- Other material eventSep 26, 2022
- Other material eventSep 23, 2022
- Other material eventSep 22, 2022
- Entered a material agreementAug 9, 2022
- Results of operationsAug 8, 2022
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- 15-12GOct 31, 2022
- 4FORM 4 SUBMISSIONOct 19, 2022
- 4FORM 4 SUBMISSIONOct 19, 2022
- 4FORM 4 SUBMISSIONOct 19, 2022
- 4FORM 4 SUBMISSIONOct 19, 2022
- 4FORM 4 SUBMISSIONOct 19, 2022
- 4FORM 4 SUBMISSIONOct 19, 2022
- 4FORM 4 SUBMISSIONOct 19, 2022
- 4FORM 4 SUBMISSIONOct 19, 2022
- 4FORM 4 SUBMISSIONOct 19, 2022
- 4FORM 4 SUBMISSIONOct 19, 2022
- 4FORM 4 SUBMISSIONOct 19, 2022
- 4FORM 4 SUBMISSIONOct 19, 2022
- 4FORM 4 SUBMISSIONOct 19, 2022
- S-8 POSOct 19, 2022
Event-driven situations (1)
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