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Avalara investor presentation dated May 2021.
MAY 27, 2021SAFE HARBOR STATEMENT:
This presentation contains “forward -looking ” statements –that is, statements related to future, not past,
events. In this context, forward -looking statements often address our expected future business and
financial performance and financial condition, and often contain words such as “expect,” “anticipate,”
“intend,” “may,” “might,” “plan,” “believe,” “continue,” “could,” “estimate,” “seek,” “see,” “likely,” “potential,” “predict,” “project,” “target,” “should,” “would,” “will,” or similar expressions. These forward -
looking statements involve risks, uncertainties, and assumptions that could cause actual performance or results to differ materially from those expressed or suggested by the forward -looking statements. If any
of these risks or uncertainties materialize, or if any of our assumptions prove incorrect, our actual results
could differ materially from the results expressed or implied by these forward -looking statements. These
risks and uncertainties include risks associated with: our ability to sustain our revenue growth rate, to
achieve or maintain profitability, and to effectively manage our anticipated growth; our ability to attract new customers on a cost -effective basis and the extent to which existing customers renew and upgrade
their subscriptions; the impact of the novel coronavirus (COVID -19) pandemic and any associated
economic downturn on our business operations, results, and financial position; the timing of our introduction of new solutions or updates to existing solutions; our ability to successfully diversify our
solutions by developing or introducing new solutions or acquiring and integrating additional businesses,
products, services, or content; our ability to maintain and expand our strategic relationships with third parties; our ability to deliver our solutions to customers without disruption or delay; our exposure to liability from errors, delays, fraud, or system failures, which may not be covered by insurance; our ability
to expand our international reach; and the other risk factors discussed in our most recent annual report
on Form 10- K filed with the SEC under the heading “Risk Factors.”
Forward -looking statements represent our management’s beliefs and assumptions only as of the date of
this presentation. Except as required by law, we assume no obligation to update these forward -looking
statements publicly, or to update the reasons why actual results could differ materially from those anticipated in the forward -looking statements, even if new information becomes available in the future.
This presentation includes certain non -GAAP financial measures as defined by the Securities and
Exchange Commission (the “SEC ”) rules. These non -GAAP financial measures are in addition to, and not
a substitute for or superior to measures of financial performance prepared in accordance with U.S. GAAP.
There are a number of limitations related to the use of these non -GAAP financial measures versus their
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