Avalara AVLR
Application Software B2B SaaS Enterprise Software Fintech High Growth SaaS Acquired

Avalara trades at 8.0x EV/NTM revenue on a $7.72B enterprise value. Revenue grew 23.4% year over year to $208.6M in the quarter ending June 2022, an annual run rate of $834.0M. Avalara reports net dollar retention of 113%, a 70.2% gross margin, and 33.3-month CAC payback.

ARR ($M)
759
Net Dollar Retention
113%
ARR Growth
24.6%
EV / NTM Revenue
8.0x
Payback Period
33.3
EV / Run Rate
9.3x
Price & Key Metrics
Price Performance
Company Details
Share Price: 93.48
Last Filing Date: 2022-06-30
Fiscal Year End: 12-31
Last Filing: Form
Founding Year: 1999
IPO Year: 2018
Description
Avalara is SaaS for businesses to get tax compliance right. Avalara’s customers face demanding tax obligations imposed by state, local, and other taxing authorities around the world, and rely on Avalara to provide efficient and accurate solutions to manage those requirements
Reporting Notes
Publishes full-time employee count in 10-K under Human Capital Management. ARR derived from Subscription Revenue * 4 (SR published in 10-Q). Customer count and NDR are both published in 10-Qs under Key Business Metrics.
Categories
Application Software B2B SaaS Enterprise Software Fintech High Growth SaaS Acquired
Valuation
Market Cap: 8,213.126
Enterprise Value: 7,715.561
EV / Revenue Run Rate: 9.3x
EV / NTM Revenue: 8.0x
EV / 2026 Revenue Estimates: 4.0x
EV / 2027 Revenue Estimates: 3.3x
EV / 2028 Revenue Estimates: --
Key Business Metrics
Net Dollar Retention: 113%
Customers: 20110
ARR: 759
ARR Growth %: 25%
ARR/Customer ($K): 37
ARR/Employee ($K): 169
Revenue
Revenue Run Rate: 834
ARR: 759
2026 Revenue Estimates: 1,936
2027 Revenue Estimates: 2,322
2028 Revenue Estimates: --
LTM Revenue: 789
Last Year Run Rate: 676
Growth
Revenue Growth: 23%
ARR Growth: 25%
Growth Persistence: 52%
2026 Revenue Growth Estimates: 21%
2027 Revenue Growth Estimates: 20%
2028 Revenue Growth Estimates: --
High Growth SaaS Matrix
Annual Run Rate ($) Revenue Growth Gross Margin Net Dollar Retention LTM CAC Payback Period (months) Rule of 40 (LTM FCF)
Best-in-class
90th Percentile 		 
12,008.0
  		 
74%
  		 
84%
  		 
129%
  		 
10.23
  		 
92%
 
Great
75th Percentile 		 
4,485.0
  		 
48%
  		 
76%
  		 
125%
  		 
14.1
  		 
66%
 
Average
50th Percentile 		 
1,709.0
  		 
37%
  		✓
69%
  		 
119%
  		 
24.24
  		 
56%
 
Below Average
25th Percentile 		 
851.0
✓ 		 
33%
✓ 		 
64%
  		 
114%
✓ 		 
28.86
✓ 		 
46%
✓
✓  
Avalara 		 
834 		 
23% 		 
70% 		 
113% 		 
33.33 		 
24%
Financials
Quarterly
Calendar Year
Frequently Asked Questions

How fast is Avalara growing?

Avalara grew revenue 23.4% year over year, reaching $208.6M in the quarter ending June 2022.

What multiple does Avalara trade at?

Avalara trades at 8.0x EV/NTM revenue and 9.3x EV/run-rate, on an enterprise value of $7.72B.

Is Avalara profitable?

For Avalara, operating income was -$56.0M last quarter and LTM free cash flow margin is 0.3%.

What is Avalara's net dollar retention?

Avalara reports net dollar retention of 113%, measuring revenue expansion within its existing customer base.

How long does it take Avalara to pay back CAC?

Avalara recovers customer acquisition cost in about 33.3 months.

What sector is Avalara in?

Public Comps classifies Avalara under Application Software, B2B SaaS, Enterprise Software, Fintech, High Growth SaaS, and Acquired.

Where does Public Comps get Avalara's data?

Figures come from Avalara's own SEC filings, normalised into a consistent quarterly format and refreshed after each earnings release.