Avantax Inc
NASDAQ:AVTA
Income Statement
Earnings Waterfall
Avantax Inc
Revenue
|
729.6m
USD
|
Cost of Revenue
|
-440.2m
USD
|
Gross Profit
|
289.4m
USD
|
Operating Expenses
|
-271.4m
USD
|
Operating Income
|
18m
USD
|
Other Expenses
|
353.8m
USD
|
Net Income
|
371.8m
USD
|
Income Statement
Avantax Inc
Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
504
N/A
|
574
+14%
|
625
+9%
|
649
+4%
|
640
-1%
|
104
-84%
|
(31)
N/A
|
(142)
-354%
|
(254)
-79%
|
118
N/A
|
203
+72%
|
292
+44%
|
372
+28%
|
456
+23%
|
473
+4%
|
492
+4%
|
499
+1%
|
510
+2%
|
533
+5%
|
552
+3%
|
557
+1%
|
561
+1%
|
580
+4%
|
616
+6%
|
670
+9%
|
718
+7%
|
755
+5%
|
723
-4%
|
749
+4%
|
546
-27%
|
561
+3%
|
655
+17%
|
653
0%
|
658
+1%
|
546
-17%
|
455
-17%
|
445
-2%
|
667
+50%
|
678
+2%
|
702
+4%
|
730
+4%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(302)
|
(341)
|
(360)
|
(370)
|
(362)
|
(13)
|
79
|
155
|
227
|
(14)
|
(66)
|
(116)
|
(169)
|
(223)
|
(227)
|
(233)
|
(238)
|
(246)
|
(254)
|
(259)
|
(262)
|
(264)
|
(262)
|
(288)
|
(328)
|
(363)
|
(404)
|
(400)
|
(395)
|
(388)
|
(396)
|
(427)
|
(452)
|
(467)
|
(474)
|
(470)
|
(452)
|
(445)
|
(432)
|
(428)
|
(440)
|
|
Gross Profit |
202
N/A
|
234
+16%
|
265
+14%
|
280
+5%
|
278
0%
|
90
-68%
|
48
-47%
|
13
-72%
|
(27)
N/A
|
104
N/A
|
137
+31%
|
176
+29%
|
203
+15%
|
233
+15%
|
246
+6%
|
258
+5%
|
261
+1%
|
264
+1%
|
279
+6%
|
293
+5%
|
295
+1%
|
297
+0%
|
318
+7%
|
328
+3%
|
342
+4%
|
355
+4%
|
352
-1%
|
323
-8%
|
354
+10%
|
158
-55%
|
165
+5%
|
227
+37%
|
202
-11%
|
192
-5%
|
73
-62%
|
(15)
N/A
|
(7)
+53%
|
222
N/A
|
246
+11%
|
274
+11%
|
289
+6%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(134)
|
(159)
|
(189)
|
(206)
|
(207)
|
(86)
|
(56)
|
(31)
|
(6)
|
(109)
|
(134)
|
(159)
|
(181)
|
(192)
|
(198)
|
(203)
|
(206)
|
(212)
|
(221)
|
(226)
|
(228)
|
(229)
|
(233)
|
(245)
|
(263)
|
(279)
|
(313)
|
(323)
|
(328)
|
(178)
|
(175)
|
(175)
|
(179)
|
(212)
|
(150)
|
(132)
|
(123)
|
(237)
|
(252)
|
(259)
|
(272)
|
|
Selling, General & Administrative |
(108)
|
(129)
|
(148)
|
(160)
|
(161)
|
(68)
|
(44)
|
(26)
|
(10)
|
(89)
|
(106)
|
(122)
|
(135)
|
(137)
|
(143)
|
(147)
|
(150)
|
(156)
|
(163)
|
(167)
|
(170)
|
(172)
|
(176)
|
(185)
|
(195)
|
(205)
|
(237)
|
(249)
|
(259)
|
(136)
|
(134)
|
(132)
|
(134)
|
(167)
|
(110)
|
(98)
|
(94)
|
(191)
|
(203)
|
(211)
|
(222)
|
|
Research & Development |
(10)
|
(12)
|
(13)
|
(16)
|
(19)
|
(4)
|
(1)
|
3
|
8
|
(5)
|
(8)
|
(11)
|
(15)
|
(18)
|
(18)
|
(18)
|
(19)
|
(20)
|
(20)
|
(21)
|
(20)
|
(19)
|
(21)
|
(23)
|
(27)
|
(31)
|
(33)
|
(33)
|
(31)
|
(6)
|
(4)
|
(4)
|
(6)
|
(8)
|
(3)
|
2
|
7
|
(9)
|
(10)
|
(10)
|
(9)
|
|
Depreciation & Amortization |
(16)
|
(19)
|
(22)
|
(25)
|
(27)
|
(14)
|
(11)
|
(8)
|
(4)
|
(14)
|
(20)
|
(26)
|
(32)
|
(37)
|
(37)
|
(37)
|
(37)
|
(37)
|
(38)
|
(39)
|
(39)
|
(38)
|
(37)
|
(38)
|
(40)
|
(43)
|
(43)
|
(41)
|
(39)
|
(37)
|
(37)
|
(39)
|
(39)
|
(37)
|
(37)
|
(36)
|
(36)
|
(38)
|
(39)
|
(39)
|
(40)
|
|
Other Operating Expenses |
0
|
0
|
(5)
|
(5)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
68
N/A
|
74
+10%
|
77
+3%
|
74
-3%
|
72
-3%
|
5
-94%
|
(8)
N/A
|
(18)
-126%
|
(33)
-80%
|
(5)
+85%
|
2
N/A
|
17
+617%
|
23
+33%
|
41
+80%
|
48
+17%
|
56
+17%
|
55
-1%
|
51
-7%
|
58
+14%
|
67
+15%
|
67
+1%
|
68
+1%
|
85
+25%
|
83
-2%
|
79
-5%
|
77
-3%
|
39
-49%
|
0
-99%
|
26
+12 900%
|
(20)
N/A
|
(9)
+55%
|
53
N/A
|
23
-56%
|
(20)
N/A
|
(77)
-283%
|
(147)
-90%
|
(130)
+12%
|
(16)
+88%
|
(5)
+65%
|
15
N/A
|
18
+22%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(11)
|
(21)
|
(23)
|
(20)
|
(16)
|
(9)
|
(8)
|
(7)
|
(6)
|
(8)
|
(16)
|
(22)
|
(28)
|
(32)
|
(29)
|
(27)
|
(24)
|
(21)
|
(19)
|
(16)
|
(15)
|
(13)
|
(13)
|
(16)
|
(18)
|
(20)
|
(22)
|
(22)
|
(29)
|
(0)
|
(2)
|
(4)
|
0
|
(0)
|
7
|
15
|
22
|
(1)
|
(1)
|
(7)
|
(12)
|
|
Non-Reccuring Items |
(5)
|
(5)
|
0
|
0
|
1
|
0
|
1
|
2
|
1
|
1
|
5
|
3
|
0
|
(5)
|
(13)
|
(30)
|
(28)
|
(23)
|
(20)
|
(3)
|
(3)
|
(1)
|
(1)
|
(9)
|
(64)
|
(73)
|
(348)
|
(342)
|
(297)
|
(302)
|
(34)
|
(49)
|
(41)
|
(33)
|
(26)
|
(1)
|
0
|
4
|
6
|
(1)
|
(1)
|
|
Total Other Income |
(3)
|
(4)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
(5)
|
(6)
|
(5)
|
(5)
|
(7)
|
(6)
|
(5)
|
(4)
|
(3)
|
(2)
|
(1)
|
(0)
|
(2)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(5)
|
(5)
|
(5)
|
(5)
|
0
|
(1)
|
(0)
|
0
|
0
|
2
|
3
|
3
|
|
Pre-Tax Income |
48
N/A
|
45
-7%
|
49
+10%
|
49
N/A
|
52
+5%
|
(9)
N/A
|
(20)
-126%
|
(30)
-47%
|
(44)
-49%
|
(17)
+61%
|
(15)
+15%
|
(8)
+46%
|
(11)
-37%
|
(3)
+75%
|
(1)
+81%
|
(6)
-1 120%
|
(1)
+89%
|
4
N/A
|
17
+380%
|
47
+182%
|
49
+4%
|
52
+5%
|
71
+36%
|
57
-19%
|
(3)
N/A
|
(17)
-463%
|
(331)
-1 859%
|
(364)
-10%
|
(300)
+18%
|
(326)
-9%
|
(49)
+85%
|
(6)
+88%
|
(23)
-309%
|
(54)
-130%
|
(96)
-80%
|
(133)
-38%
|
(106)
+21%
|
(12)
+89%
|
1
N/A
|
10
+989%
|
8
-14%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(19)
|
(20)
|
(22)
|
(22)
|
(20)
|
3
|
8
|
11
|
16
|
5
|
3
|
(1)
|
1
|
1
|
9
|
13
|
4
|
5
|
6
|
7
|
8
|
(0)
|
(2)
|
7
|
18
|
65
|
2
|
53
|
25
|
(42)
|
24
|
(37)
|
(21)
|
10
|
29
|
35
|
36
|
15
|
(2)
|
(8)
|
(8)
|
|
Income from Continuing Operations |
29
|
24
|
27
|
27
|
31
|
(6)
|
(12)
|
(18)
|
(28)
|
(13)
|
(12)
|
(9)
|
(10)
|
(1)
|
9
|
7
|
4
|
8
|
23
|
55
|
58
|
52
|
68
|
64
|
15
|
48
|
(330)
|
(311)
|
(275)
|
(368)
|
(25)
|
(43)
|
(45)
|
(44)
|
(68)
|
(98)
|
(70)
|
3
|
(1)
|
2
|
0
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(3)
|
(3)
|
(3)
|
(1)
|
(1)
|
(1)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
29
N/A
|
24
-17%
|
27
+10%
|
27
+1%
|
31
+16%
|
(36)
N/A
|
(38)
-8%
|
(43)
-11%
|
(51)
-20%
|
(40)
+22%
|
(40)
-1%
|
(59)
-46%
|
(103)
-74%
|
(65)
+36%
|
(57)
+12%
|
(40)
+31%
|
(2)
+94%
|
27
N/A
|
42
+54%
|
74
+76%
|
77
+4%
|
51
-34%
|
67
+33%
|
63
-6%
|
15
-77%
|
48
+225%
|
(330)
N/A
|
(311)
+6%
|
(275)
+12%
|
(343)
-25%
|
0
N/A
|
(18)
N/A
|
(19)
-9%
|
8
N/A
|
15
+88%
|
23
+53%
|
29
+27%
|
420
+1 374%
|
387
-8%
|
352
-9%
|
372
+6%
|
|
EPS (Diluted) |
0.71
N/A
|
0.56
-21%
|
0.59
+5%
|
0.62
+5%
|
0.76
+23%
|
-0.85
N/A
|
-0.91
-7%
|
-1.02
-12%
|
-1.24
-22%
|
-0.97
+22%
|
-0.97
N/A
|
-1.42
-46%
|
-2.46
-73%
|
-1.57
+36%
|
-1.25
+20%
|
-0.84
+33%
|
-0.05
+94%
|
0.57
N/A
|
0.85
+49%
|
1.48
+74%
|
1.6
+8%
|
1.03
-36%
|
1.36
+32%
|
1.26
-7%
|
0.3
-76%
|
0.98
+227%
|
-6.9
N/A
|
-6.46
+6%
|
-5.72
+11%
|
-7.14
-25%
|
0
N/A
|
-0.35
N/A
|
-0.39
-11%
|
0.16
N/A
|
0.29
+81%
|
0.46
+59%
|
0.59
+28%
|
8.54
+1 347%
|
8.68
+2%
|
8.96
+3%
|
10.07
+12%
|