Avalara, Inc. (AVLR) financial statements (2020 and earlier)

Company profile

Business Address 255 S. KING ST.
SEATTLE, WA 98104
State of Incorp. WA
Fiscal Year End December 31
SIC 7372 - Prepackaged Software (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
12/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments467142
Cash and cash equivalents467142
Receivables5240
Prepaid expense1110
Capitalized contract cost9 
Deferred costs 1
Funds held for clients2413
Deposits current assets00
Other current assets21
Other undisclosed current assets10
Total current assets:567207
Noncurrent Assets
Operating lease, right-of-use asset49
Property, plant and equipment3533
Intangible assets, net (including goodwill)12481
Goodwill10161
Intangible assets, net (excluding goodwill)2319
Capitalized contract cost, net29 
Other undisclosed noncurrent assets32
Total noncurrent assets:240116
TOTAL ASSETS:807323
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:7447
Accounts payable125
Accrued liabilities6213
Employee-related liabilities 4
Taxes payable 2
Other undisclosed accounts payable and accrued liabilities 23
Deferred revenue160
Debt9 
Business combination, contingent consideration, liability4 
Other undisclosed current liabilities25139
Total current liabilities:272186
Noncurrent Liabilities
Long-term debt and lease obligation58 
Operating lease, liability58
Liabilities, other than long-term debt1318
Deferred revenue1
Deferred rent credit 17
Deferred tax liabilities, net1
Other liabilities20
Business combination, contingent consideration, liability10 
Other undisclosed noncurrent liabilities09
Total noncurrent liabilities:7228
Total liabilities:344213
Stockholders' equity
Stockholders' equity attributable to parent464110
Common stock00
Additional paid in capital977599
Accumulated other comprehensive loss(3)(2)
Accumulated deficit(510)(488)
Total stockholders' equity:464110
TOTAL LIABILITIES AND EQUITY:807323

Income statement (P&L) ($ in millions)

12/31/2019
12/31/2018
Revenues382272
Cost of revenue(115)(79)
Gross profit:267193
Operating expenses(323)(270)
Operating loss:(56)(76)
Nonoperating income (expense)7(0)
Investment income, nonoperating62
Other nonoperating income11
Interest and debt expense(0)(3)
Loss from continuing operations before equity method investments, income taxes:(50)(79)
Other undisclosed income from continuing operations before income taxes03
Loss from continuing operations before income taxes:(49)(77)
Income tax expense (benefit)(1)1
Net loss available to common stockholders, diluted:(50)(76)

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
Net loss:(50)(76)
Comprehensive loss:(50)(76)
Other undisclosed comprehensive loss, net of tax, attributable to parent(0)(3)
Comprehensive loss, net of tax, attributable to parent:(51)(78)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: