Avalara, inc. (AVLR)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16
Revenue:
Revenues

382,421

272,098

213,159

167,426

Cost of revenue:
Cost of revenues

115,299

78,649

57,977

48,513

Gross profit

267,122

193,449

155,182

118,913

Operating expenses:
Research and development

82,442

51,909

41,264

32,848

Sales and marketing

168,634

168,817

133,794

103,483

General and administrative

71,918

39,603

34,286

36,875

Restructuring charges

0

0

752

0

Goodwill impairment

0

9,174

8,418

0

Total operating expenses

322,994

269,503

218,514

173,206

Operating loss

-55,872

-76,054

-63,332

-54,293

Other (income) expense:
Interest income

6,037

1,553

77

18

Interest expense

289

2,608

2,585

2,301

Other (income) expense, net

865

583

495

-672

Total other (income) expense, net

6,613

-472

-2,013

-2,955

Loss before income taxes

-49,259

-76,526

-65,345

-57,248

Provision for (benefit from) income taxes

955

-976

-1,219

640

Net loss

-50,214

-75,550

-64,126

-57,888

Net loss per share attributable to common shareholders, basic and diluted

-0.68

-1.95

-11.39

-10.15

Weighted average shares of common stock outstanding, basic and diluted

73,345

38,692

5,632

5,706

Subscription and Returns
Revenues

355,181

254,056

199,942

154,967

Cost of revenues

97,824

66,556

48,849

41,307

Professional Services
Revenues

27,240

18,042

13,217

12,459

Cost of revenues

17,475

12,093

9,128

7,206