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AVLR - Avalara: Not Enough Growth To Sustain Heightened Valuation
January, 25 2021 09:21 AM
Avalara Inc.
In 2020, shares of Avalara approximately doubled, taking the stock to a vaunted >20x forward revenue multiple. Revenue growth has slowed to a ~30% y/y pace, down from ~40% y/y pre-pandemic. Avalara has also been engaging in frequent bolt-on acquisitions, a potential signal that organic growth may be slowing down. Customer counts are no longer building up as quickly as in the past, either. For further details see:
Avalara: Not Enough Growth To Sustain Heightened Valuation
Stock Information
Company Name:
Avalara Inc.
Stock Symbol:
AVLR
Market:
NYSE
Website:
avalara.com
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