Avalara, Inc. / Estimates

Fiscal Year	Revenue	Net income	Net margin	Free cash flow	FCF margin
2021	€603.24M +39.6%	-€108.08M +154.6%	-17.9% -0.081 pp	€49.57M +9.5%	8.2% -0.023 pp
2020	€432.01M +30.9%	-€42.45M -2.1%	-9.8% +0.033 pp	€45.29M +60.5%	10.5% +0.019 pp
2019	€330.04M +40.5%	-€43.34M -33.5%	-13.1% +0.15 pp	€28.23M +87.7%	8.6% +0.021 pp
2018	€234.83M +27.7%	-€65.20M +17.8%	-27.8% +0.023 pp	€15.04M +67.3%	6.4% +0.015 pp
2017	€183.96M +27.3%	-€55.34M +10.8%	-30.1% +0.045 pp	€8.99M -169.3%	4.9% +0.14 pp
2016	€144.49M	-€49.96M	-34.6%	-€12.98M	-9.0%