Avantax, Inc. provides wealth management solutions to consumers, small business owners, tax professionals, financial professionals, and certified public accounting firms in the United States. The company offers an integrated platform of technical, practice, compliance, operations, sales, and product support tools that enable to offer tax-advantaged planning, investing, and wealth management services. It also provides financial planning and advisory services, and retirement plan solutions. The company was formerly known as Blucora, Inc. and changed its name to Avantax, Inc. in January 2023. Avantax, Inc. was founded in 1983 and is headquartered in Dallas, Texas.
Revenue of Avantax, Inc. (AVTA)
Revenue in 2022 (TTM): $666.5 M
According to Avantax, Inc.'s latest financial reports the company's current revenue (TTM) is $666.5 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Avantax, Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2022 | $666.5 M | $221.58 M | $22.21 M | $-11,813,000 | $3.12 M |
| 2021 | $885.2 M | $405.35 M | $104.72 M | $-1,461,000 | $7.76 M |
| 2020 | $754.95 M | $356.66 M | $-269,120,000 | $-300,424,000 | $-342,755,000 |
| 2019 | $717.95 M | $355.17 M | $119.95 M | $-16,906,000 | $48.15 M |
| 2018 | $560.46 M | $263.25 M | $106.84 M | $51.88 M | $50.63 M |
| 2017 | $509.56 M | $229.68 M | $88.18 M | $3.49 M | $27.04 M |
| 2016 | $455.91 M | $199.4 M | $78.25 M | $-2,664,000 | $-65,158,000 |
| 2015 | $117.71 M | $91.24 M | $17.78 M | $-17,349,000 | $-40,074,000 |
| 2014 | $580.72 M | $260.22 M | $19.42 M | $-23,207,000 | $-35,547,000 |
| 2013 | $573.98 M | $233.52 M | $102.71 M | $44.83 M | $24.4 M |
| 2012 | $406.92 M | $139.47 M | $72.62 M | $37.53 M | $22.53 M |
| 2011 | $228.81 M | $73.85 M | $27.69 M | $20.23 M | $22.33 M |
| 2010 | $246.84 M | $88.29 M | $13.7 M | $21.11 M | $13.7 M |
| 2009 | $207.65 M | $71.45 M | $9.62 M | $7.58 M | $9.76 M |
| 2008 | $156.73 M | $69.22 M | $5.72 M | $-15,876,000 | $-18,699,000 |
| 2007 | $140.54 M | $68.97 M | $-63,616,000 | $-71,066,000 | $14.58 M |
| 2006 | $371.74 M | $162.19 M | $80.17 M | $-53,626,000 | $-15,088,000 |
| 2005 | $339.97 M | $173.24 M | $-7,483,000 | $135.89 M | $159.37 M |
| 2004 | $249.35 M | $142.45 M | $54.7 M | $50.97 M | $82.4 M |
| 2003 | $160.05 M | $130.8 M | $48.27 M | $-5,443,000 | $-6,319,000 |
| 2002 | $136.14 M | $99.36 M | $8.99 M | $-138,201,000 | $-345,250,000 |
| 2001 | $161.92 M | $120.08 M | $205.68 M | $-498,244,000 | $-502,079,000 |
| 2000 | $214.53 M | $191.09 M | $144.28 M | $-280,219,758 | $-282,412,396 |
| 1999 | $36.9 M | $34 M | $10.9 M | $-21,700,000 | $-21,700,000 |
| 1998 | $9.4 M | $10 M | $7.4 M | $-9,100,000 | $-9,100,000 |