Avantax
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Avantax's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 25% to $666,496,000. Profit margin reached 0%. Total operating expenses were $237,102,000.
Profit Margin
| 2013 | 573.98M | 24.39M | 4.25% |
|---|---|---|---|
| 2014 | 580.72M | -35.54M | -6.12% |
| 2015 | 117.70M | -40.07M | -34.05% |
| 2016 | 455.91M | -65.15M | -14.29% |
| 2017 | 509.55M | 27.03M | 5.31% |
| 2018 | 560.45M | 50.63M | 9.03% |
| 2019 | 717.94M | 48.14M | 6.71% |
| 2020 | 754.95M | -342.75M | -45.4% |
| 2021 | 885.2M | 7.75M | 0.88% |
| 2022 | 666.49M | 3.12M | 0.47% |
AVTA Income Statement (2013 – 2022)
| 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 666.49M | 885.2M | 754.95M | 717.94M | 560.45M | 509.55M | 455.91M | 117.70M | 580.72M | 573.98M |
Cost of revenue | 444.91M | 479.85M | 398.29M | 362.77M | 297.20M | 279.87M | 256.50M | 26.47M | 320.49M | 340.46M |
Gross profit | 221.57M | 405.34M | 356.66M | 355.17M | 263.25M | 229.67M | 199.40M | 91.23M | 260.22M | 233.52M |
Operating exp. | ||||||||||
Research and development | 8.70M | 30.70M | 27.25M | 30.93M | 19.33M | 19.61M | 17.78M | 5.10M | 20.67M | 11.68M |
Selling and marketing | 97.91M | 173.33M | 177.61M | 126.20M | 111.36M | 102.79M | 89.36M | 45.85M | 118.12M | 98.68M |
Total operating expenses | 237.10M | 341.93M | 324.07M | 278.50M | 195.28M | 178.54M | 158.41M | 96.04M | 205.84M | 159.07M |
Operating income | -15.52M | 61.29M | 26.2M | 75.74M | 67.67M | 48.03M | 37.11M | -4.80M | -8.44M | 74.44M |
Other income (expenses), net | 3.71M | -62.75M | -280.42M | -92.65M | -16.08M | -44.55M | -43.65M | -12.54M | -28.11M | -29.62M |
Income before tax | -11.81M | -1.46M | -300.42M | -16.90M | 51.88M | 3.48M | -2.66M | -17.34M | -23.20M | 44.82M |
Income tax expense | -14.93M | -9.21M | 42.33M | -65.05M | 311K | -25.89M | -1.28M | -4.62M | 12.34M | 20.42M |
Net income | 3.12M | 7.75M | -342.75M | 48.14M | 50.63M | 27.03M | -65.15M | -40.07M | -35.54M | 24.39M |
Earnings per share | ||||||||||
Basic EPS | 0.06 | 0.16 | -7.14 | 1 | 1.07 | 0.61 | -1.6 | -0.98 | -0.86 | 0.59 |
Diluted EPS | 0.06 | 0.16 | -7.14 | 0.98 | 1.03 | 0.57 | -1.57 | -0.98 | -0.86 | 0.56 |
| Data source |