AVALARA, INC.

Delisted

CIK 1348036fmd_1X26WNSMM5G1H7AMH1V9ADPMMMServices · Services-Prepackaged SoftwareTemplate: Standard

Coverage: Jan 01, 2016 to Jun 30, 2022, 22 periods

Income Statement · Annual · Millions · USD
Line item	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021
Total revenues	167	213	272	382	501	699
Cost of revenue	49	58	79	116	144	206
Gross profit	119	155	193	267	357	493
Research and development	33	41	52	83	122	171
Selling, general and administrative	140	168	208	242	303	439
Total operating expenses	173	219	270	325	425	610
Operating income	(54)	(63)	(76)	(58)	(68)	(117)
Interest expense	2	3	3	0	–	2
Interest and investment income	0	0	2	6	2	0
Other non-operating income (expense)	(3)	(2)	(0)	7	4	(15)
Income before taxes	(57)	(65)	(77)	(51)	(64)	(132)
Income tax expense	1	(1)	(1)	1	(8)	3
Net income from continuing operations	(58)	(64)	(76)	(52)	(55)	(136)
Net income	(58)	(64)	(76)	(52)	(55)	(136)