Last $32.81 USD
Change Today -0.57 / -1.71%
Volume 66.4K
TAX On Other Exchanges
Symbol
Exchange
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As of 8:10 PM 09/19/14 All times are local (Market data is delayed by at least 15 minutes).

liberty tax inc (TAX) Snapshot

Open
$33.34
Previous Close
$33.38
Day High
$33.68
Day Low
$32.81
52 Week High
08/6/14 - $35.98
52 Week Low
09/26/13 - $17.32
Market Cap
417.1M
Average Volume 10 Days
33.8K
EPS TTM
$1.12
Shares Outstanding
11.8M
EX-Date
--
P/E TM
29.4x
Dividend
--
Dividend Yield
--
Current Stock Chart for LIBERTY TAX INC (TAX)

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liberty tax inc (TAX) Details

Liberty Tax, Inc., together with its subsidiaries, provides tax preparation services and products. It operates through U.S. Operations and Canadian Operations segments. The company also facilitates refund-based tax settlement financial products, such as instant cash advances, refund transfer products, and personal income tax refund discounting, as well as offers online tax preparation services. Its customers include taxpayers, who for reasons of complexity, convenience, or the need for prompt tax refunds, seek the assistance of assisted tax preparation services. Liberty Tax, Inc. offers its products and services through a network of company-owned offices and franchised locations under the Liberty Tax, Liberty Tax Service, Liberty Income Tax, and Liberty Canada brand names. The company was formerly known as JTH Holding, Inc. and changed its name to Liberty Tax, Inc. in July 2014. Liberty Tax, Inc. was founded in 1996 and is headquartered in Virginia Beach, Virginia.

645 Employees
Last Reported Date: 06/26/14
Founded in 1996

liberty tax inc (TAX) Top Compensated Officers

Founder, Chairman, Chief Executive Officer an...
Total Annual Compensation: $469.6K
Chief Financial Officer and Vice President
Total Annual Compensation: $114.4K
Vice President of Legal & Governmental Affair...
Total Annual Compensation: $342.7K
Compensation as of Fiscal Year 2014.

liberty tax inc (TAX) Key Developments

Liberty Tax, Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended July 31, 2014

Liberty Tax, Inc. reported unaudited consolidated earnings results for the first quarter ended July 31, 2014. For the quarter, the company’s total revenue was $7,839,000 compared to $8,065,000 a year ago. Loss from operations was $14,203,000 compared to $9,380,000 in the same period last year. Loss before income taxes was $14,325,000 compared to $9,632,000 in the same period last year. Net loss was $8,644,000 or $0.67 per basic and diluted Class A and Class B basic and diluted compared to $5,927,000 or $0.46 per basic and diluted Class A and Class B common stock a year ago. Net cash used in operating activities was $22,743,000 compared to $14,545,000 in the same period last year. Purchase of property and equipment was $2,814,000 compared to $2,904,000 in the same period last year. For the quarter, on adjusted basis, revenues were $7,835,000, loss from operations was $13,050,000, LBITDA was $10,751,000, pretax loss was $13,351,000, net loss was $8,056,000. The company reported an adjusted non-GAAP net loss of $0.63 per share compared to an adjusted non-GAAP net loss of $0.49 per share in the prior period.

Liberty Tax Launches Cloud Bookkeeping Service, Liberty Accounting

Liberty Tax, Inc. has launched Liberty Accounting. The offering will help Liberty Tax franchisees provide a more expansive suite of financial services to their clients, in addition to tax preparation and filing. The integration of this product will help customers keep more accurate records, making the tax preparation process much easier. Liberty Accounting is simple, fully featured double-entry accounting, designed to strengthen the collaborative relationship between Liberty Tax franchisees and their small business-owning customers. Because the offering is cloud-based, Liberty Tax franchisees will be able to serve their clients as truly trusted business advisors. Liberty Accounting is powered by Kashoo, makers of simple cloud accounting software for small business -- on the App Store's most downloaded iPad accounting app, the iPhone and the web. Kashoo currently helps nearly 200,000 small businesses spread throughout more than 180 countries take control of their business finances from anywhere, anytime.

Liberty Tax, Inc. Announces the Upcoming Departure of Mark Baumgartner

Liberty Tax, Inc. announced the upcoming departure of Mark Baumgartner, the Company's Chief Investment Officer and CEO of JTH Financial. Mr. Baumgartner has been with the Company since 2003 and was the visionary behind JTH Financial.

 

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