Avalara, Inc. (AVLR) financial statements (2021 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)

12/31/2020
12/31/2019
12/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments  142
Cash and cash equivalents  142
Receivables  40
Prepaid expense  10
Deferred costs  1
Funds held for clients  13
Deposits current assets  0
Other current assets  1
Other undisclosed current assets  0
Total current assets:  207
Noncurrent Assets
Property, plant and equipment  33
Intangible assets, net (including goodwill)  81
Goodwill  61
Intangible assets, net (excluding goodwill)  19
Other undisclosed noncurrent assets  2
Total noncurrent assets:  116
TOTAL ASSETS:  323
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:  47
Accounts payable  5
Accrued liabilities  13
Employee-related liabilities  4
Taxes payable  2
Other undisclosed accounts payable and accrued liabilities  23
Other undisclosed current liabilities  139
Total current liabilities:  186
Noncurrent Liabilities
Liabilities, other than long-term debt  18
Deferred rent credit  17
Deferred tax liabilities, net1
Other liabilities  0
Other undisclosed noncurrent liabilities  9
Total noncurrent liabilities:  28
Total liabilities:  213
Stockholders' equity
Stockholders' equity attributable to parent  110
Common stock  0
Additional paid in capital  599
Accumulated other comprehensive loss  (2)
Accumulated deficit  (488)
Total stockholders' equity:  110
TOTAL LIABILITIES AND EQUITY:  323

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

12/31/2020
12/31/2019
12/31/2018
Revenues  272
Cost of revenue  (79)
Gross profit:  193
Operating expenses  (270)
Operating loss:  (76)
Nonoperating expense  (0)
Investment income, nonoperating  2
Other nonoperating income  1
Interest and debt expense  (3)
Loss from continuing operations before equity method investments, income taxes:  (79)
Other undisclosed income from continuing operations before income taxes  3
Loss from continuing operations before income taxes:  (77)
Income tax benefit  1
Net loss available to common stockholders, diluted:  (76)

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
Net loss:  (76)
Comprehensive loss:  (76)
Other undisclosed comprehensive loss, net of tax, attributable to parent  (3)
Comprehensive loss, net of tax, attributable to parent:  (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.

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