Avantax
Provider of Internet-related services that operates a diverse group of internet businesses.
Launch date
Employees
Market cap
€870m
Enterprise valuation
€1.0b (Public information from Nov 2023)
Share price
$25.99 AVTA
Bellevue Washington (HQ)
Financials
Estimates*
USD | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|---|---|---|
Revenues | 560m | 718m | 755m | 885m | 666m | 754m | 823m |
% growth | 10 % | 28 % | 5 % | 17 % | (25 %) | 13 % | 9 % |
EBITDA | 106m | 120m | 66.1m | 105m | 22.2m | - | - |
% EBITDA margin | 19 % | 17 % | 9 % | 12 % | 3 % | - | - |
Profit | 50.6m | 48.1m | (343m) | 7.8m | 420m | - | - |
% profit margin | 9 % | 7 % | (45 %) | 1 % | 63 % | - | - |
R&D budget | 19.3m | 30.9m | 27.3m | 30.7m | 8.7m | - | - |
R&D % of revenue | 3 % | 4 % | 4 % | 3 % | 1 % | - | - |
Date | Investors | Amount | Round |
---|---|---|---|
N/A | N/A | IPO | |
* | N/A | $270m | Post IPO Debt |
* | $1.2b Valuation: $1.2b 1.8x EV/LTM Revenues 54.0x EV/LTM EBITDA | Acquisition | |
Total Funding | - |
Recent News about Avantax
EditTech stack
Tech stackLearn more about the technologies and tools that this company uses.
Investments by Avantax
EditACQUISITION by Avantax Aug 2013
ACQUISITION by iHeartMedia Sep 2018
ACQUISITION by Avantax Oct 2015
ACQUISITION by Avantax Jan 2002
ACQUISITION by Avantax Apr 2020
ACQUISITION by Avantax Aug 2023
ACQUISITION by Avantax May 2024