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.
Research context
Avalara Inc appears in PyInvesting’s US Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
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- Technology
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- Software - Application
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5 years, 6 months ago
Avalara, Inc is currently in a long term uptrend where the price is trading 9.5% above its 200 day moving average.
From a valuation standpoint, the stock is 11.4% cheaper than other stocks from the Technology sector with a price to sales ratio of 22.4.
Avalara, Inc's total revenue rose by 34.5% to $145M since the same quarter in the previous year.
Its net income has increased by 28.6% to $-11M since the same quarter in the previous year.
Finally, its free cash flow grew by 90.4% to $27M since the same quarter in the previous year.
Based on the above factors, Avalara, Inc gets an overall score of 5/5.