Avantax Past Earnings Performance

Past criteria checks 2/6

Avantaxhan disminuido a un ritmo medio anual de -2.9%, mientras que en la industria Capital Markets los ingresos han sido de growing a 12.1% anuales. Los ingresos han sido growing a un ritmo medio de 0.8% al año. Avantax La rentabilidad de los fondos propios de la empresa es de 0.06% y sus márgenes netos son de 0.03%.

Key information

-2.9%

Earnings growth rate

-3.0%

EPS growth rate

Capital Markets Industry Growth	10.3%
Revenue growth rate	0.8%
Return on equity	0.06%
Net Margin	0.03%
Last Earnings Update	30 Sep 2023

Recent past performance updates

Recent updates

Shareholders Are Thrilled That The Blucora (NASDAQ:BCOR) Share Price Increased 154%

Feb 19

Read This Before Selling Blucora, Inc. (NASDAQ:BCOR) Shares

Nov 30

Revenue & Expenses Breakdown
Beta

How Avantax makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NasdaqGS:AVTA Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses	R&D Expenses
30 Sep 23	730	0	199	9
30 Jun 23	702	2	210	9
31 Mar 23	678	-1	203	10
31 Dec 22	666	3	191	9
30 Sep 22	445	-70	94	-7
30 Jun 22	455	-98	98	-2
31 Mar 22	546	-68	110	3
31 Dec 21	658	-44	166	8
30 Sep 21	862	-19	257	28
30 Jun 21	863	-18	255	26
31 Mar 21	770	0	256	26
31 Dec 20	546	-368	136	6
30 Sep 20	749	-275	248	31
30 Jun 20	723	-311	239	33
31 Mar 20	755	-330	227	33
31 Dec 19	718	48	205	31
30 Sep 19	670	12	193	27
30 Jun 19	616	57	183	23
31 Mar 19	580	61	174	21
31 Dec 18	560	45	171	19
30 Sep 18	557	73	170	20
30 Jun 18	552	74	167	21
31 Mar 18	533	42	163	20
31 Dec 17	510	27	155	20
30 Sep 17	499	3	150	19
30 Jun 17	492	6	147	19
31 Mar 17	473	8	142	18
31 Dec 16	456	-2	136	18
30 Sep 16	372	-10	121	14
30 Jun 16	292	-9	109	11
31 Mar 16	202	-12	93	8
31 Dec 15	118	-13	77	5
30 Sep 15	-254	-28	11	-8
30 Jun 15	-142	-18	28	-3
31 Mar 15	-31	-12	43	1
31 Dec 14	104	-6	68	4
30 Sep 14	640	31	159	19
30 Jun 14	649	27	157	16
31 Mar 14	625	27	147	13
31 Dec 13	91	-26	63	3
30 Sep 13	504	29	104	10
30 Jun 13	473	33	93	10
31 Mar 13	457	35	86	10
31 Dec 12	407	23	67	10

Beneficios de calidad: AVTA tiene un gran one-off loss de $23.6M impacto en sus últimos 12 meses de resultados financieros a 30th September, 2023.

Creciente margen de beneficios: AVTA fueron rentables en el pasado.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Tendencia de beneficios: AVTA se ha vuelto rentable en los últimos 5 años, con un crecimiento de los beneficios de -2.9% al año.

Acelerando crecimiento: AVTA ha pasado a ser rentable en el último año, lo que dificulta la comparación de la tasa de crecimiento de los beneficios con su media de 5 años.

Beneficios vs. Industria: AVTA ha pasado a ser rentable en el último año, lo que hace difícil comparar el crecimiento de sus beneficios en el último año con el del sector Capital Markets (2.4%).

Return on Equity

Alto ROE: El Retorno sobre el capital de AVTA (0.06%) se considera bajo.

Return on Assets

Return on Capital Employed

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Avantax Past Earnings Performance

Past criteria checks 2/6

Key information

Recent past performance updates

Third quarter 2023 earnings: EPS misses analyst expectations

Second quarter 2023 earnings: EPS misses analyst expectations

Avantax, Inc. to Report Q2, 2023 Results on Aug 09, 2023

First quarter 2023 earnings: EPS and revenues miss analyst expectations

Full year 2022 earnings released: EPS: US$0.065 (vs US$0.16 in FY 2021)

Avantax, Inc. to Report Q4, 2022 Results on Feb 15, 2023

Recent updates

Avantax, Inc. Files Form 15

Avantax, Inc.(NasdaqGS:AVTA) dropped from S&P Composite 1500

Aretec Group, Inc. completed the acquisition of Avantax, Inc. (NasdaqGS:AVTA) from a group of shareholders.

Aretec Group, Inc. completed the acquisition of Avantax, Inc. (NasdaqGS:AVTA) from a group of shareholders.

Consensus EPS estimates fall by 43%

New major risk - Financial position

Third quarter 2023 earnings: EPS misses analyst expectations

Price target decreased by 8.0% to US$28.67

Aretec Group, Inc. entered into an agreement to acquire Avantax, Inc. (NasdaqGS:AVTA) for $960 million.

New major risk - Financial position

Second quarter 2023 earnings: EPS misses analyst expectations

Avantax, Inc. to Report Q2, 2023 Results on Aug 09, 2023

Avantax Reportedly Working with Adviser to Explore Possible Sale

President exercised options and sold US$128k worth of stock

Avantax Promotes Jennifer Hutchins to Co-Chief Investment Officer

Avantax, Inc. Appoints Bruce Tuckey and Dave Renko as Regional Recruiting Director

Avantax, Inc. Provides Earnings Guidance for the Full Year 2023

First quarter 2023 earnings: EPS and revenues miss analyst expectations

Insider recently sold US$247k worth of stock

Avantax, Inc. Provides Earnings Guidance for the Full Year 2023

Full year 2022 earnings released: EPS: US$0.065 (vs US$0.16 in FY 2021)

Avantax, Inc. Appoints Melissa Loner as Chief Compliance Officer

Avantax, Inc. to Report Q4, 2022 Results on Feb 15, 2023

Avantax, Inc. Announces Executive Changes

DS Admiral Bidco, LLC acquired TaxACT Holdings, Inc. from Blucora, Inc. (NasdaqGS:BCOR).

Blucora, Inc. (NasdaqGS:BCOR) announces an Equity Buyback for $450 million worth of its shares.

Independent Director recently bought US$119k worth of stock

Price target increased to US$29.00

High number of new directors

Price target increased to US$28.00

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

DS Admiral Bidco, LLC entered into a Stock Purchase Agreement to acquire TaxACT Holdings, Inc. from Blucora, Inc. (NasdaqGS:BCOR) for approximately $720 million.

Consensus forecasts updated

Blucora, Inc. Provides Earnings Guidance for the Year Ending December 31, 2022

Second quarter 2022 earnings: EPS exceeds analyst expectations

Blucora, Inc. to Report Q2, 2022 Results on Aug 08, 2022

Blucora, Inc.(NasdaqGS:BCOR) dropped from Russell 2000 Value Index

Consensus forecasts updated

Consensus forecasts updated

First quarter 2022 earnings: EPS and revenues miss analyst expectations

Blucora, Inc. Provides Earnings Guidance for the Full Year of Fiscal Year 2022

High number of new directors

Blucora, Inc. to Report Q1, 2022 Results on May 04, 2022

High number of new directors

President of Wealth Management exercised options to buy US$253k worth of stock.

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

Blucora, Inc. Provides Earnings Guidance for the First Quarter Ending March 31, 2022

Blucora, Inc. to Report Q4, 2021 Results on Feb 16, 2022

Independent Director recently bought US$825k worth of stock

Third quarter 2021 earnings released: US$0.57 loss per share (vs US$0.55 loss in 3Q 2020)

Price target increased to US$25.33

Independent Director John MacIlwaine has left the company

Independent Director John MacIlwaine has left the company

Ancora Holdings Issues Letter to the Board of Directors of Blucora

Second quarter 2021 earnings released: EPS US$0.65 (vs US$1.04 in 2Q 2020)

Blucora, Inc. Provides Earnings Guidance for the Third Quarter and Full Year 2021

Blucora: Investor Day Highlights Improved Medium-Term Outlook

Price target increased to US$23.00

Consensus EPS estimates increase to -US$0.10

Blucora, Inc. Updates Earnings Outlook for the Second Quarter and Full Year 2021

Blucora forecasts Q2 and FY21 EPS above estimates

First quarter 2021 earnings released: EPS US$0.57 (vs US$6.60 loss in 1Q 2020)

Blucora, Inc. Provides Earnings Guidance for the Second Quarter and Full Year of Fiscal Year 2021

Blucora EPS beats by $0.08, misses on revenue

Blucora, Inc., Annual General Meeting, Apr 21, 2021

New 90-day high: US$17.97

Blucora Announces Appointment of Tina Perry to the Board of Directors

Shareholders Are Thrilled That The Blucora (NASDAQ:BCOR) Share Price Increased 154%

Full year 2020 earnings released: US$7.14 loss per share (vs US$1.00 profit in FY 2019)

Revenue & Expenses Breakdown
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