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 refund transfer products, refund-based loans, 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 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 Ta...
1716 Corporate Landing Parkway
Virginia Beach, VA 23454
Founded in 1996
Liberty Tax, Inc. Appoints Robert M. Howard as Director
Sep 24 15
On September 18, 2015, Mr. Robert M. Howard was appointed as a director of the company by John T. Hewitt, chief executive officer of Liberty Tax, Inc. (the company"). Mr. Howard has been elected by the board's nominating and corporate governance committee to serve on the company's audit and nominating and corporate governance committees. Since 2010, Mr. Howard has served as chief investment officer of GoldKey/PHR Hotels & Resorts. Mr. Howard joined GoldKey/PHR in 1990 as Controller and subsequently served as executive vice president of finance and accounting and as chief financial officer.
Liberty Tax, Inc. Approves Quarterly Dividend, Payable on October 22, 2015
Aug 28 15
Dividend On August 27, 2015, the Board of Directors of Liberty Tax, Inc. approved a quarterly dividend to shareholders of $0.16 per share. The dividend will be paid on October 22, 2015 to holders of record of common stock and common stock equivalents on the close of business on October 15, 2015.
Liberty Tax, Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended July 31, 2015
Aug 28 15
Liberty Tax, Inc. reported unaudited consolidated earnings results for the first quarter ended July 31, 2015. For the quarter, the company’s total revenue was $7,523,000 compared to $7,839,000 a year ago. Loss from operations was $13,874,000 compared to $14,203,000 in the same period last year. Loss before income taxes was $14,300,000 compared to $14,325,000 in the same period last year. Net loss was $8,536,000 or $0.67 per basic and diluted Class A and Class B basic and diluted compared to $8,644,000 or $0.67 per basic and diluted Class A and Class B common stock a year ago. Net cash used in operating activities was $15,460,000 compared to $22,743,000 in the same period last year. Purchase of property and equipment was $2,686,000 compared to $2,814,000 in the same period last year. LBITDA was $12,229,000 against $11,725,000 a year ago. For the quarter, on adjusted basis, the company reported revenues of $7.5 million, loss before taxes of $13.9 million, and net loss of $8.3 million or $0.65 per basic and diluted share against revenues of $7.8 million, loss before taxes of $13.8 million, and net loss of $8.4 million or $0.65 per basic and diluted share a year ago.