August 25, 2016 12:55 AM ET

Diversified Consumer Services

Company Overview of Liberty Tax, Inc.

Company Overview

Liberty Tax, Inc., together with its subsidiaries, provides tax preparation services and solutions in the United States and Canada. 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 provides an online digital Do-It-Yourself tax program in the United States. 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 Tax...

1716 Corporate Landing Parkway

Virginia Beach, VA 23454

United States

Founded in 1996

1,332 Employees

Phone:

757-493-8855

Key Executives for Liberty Tax, Inc.

Founder, Chairman, Chief Executive Officer and President
Age: 67
Total Annual Compensation: $1.0
Chief Financial Officer and Vice President
Age: 55
Total Annual Compensation: $335.0K
Chief Information Officer and Vice President
Age: 49
Total Annual Compensation: $208.0K
General Counsel and Vice President
Age: 35
Total Annual Compensation: $166.7K
Vice President of Financial Products
Age: 53
Total Annual Compensation: $282.8K
Compensation as of Fiscal Year 2016.

Liberty Tax, Inc. Key Developments

Liberty Tax, Inc. Approves Cash Dividend Payable on July 22, 2016

On June 14, 2016, Liberty Tax, Inc. announced that its Board of Directors approved a cash dividend to its stockholders. The quarterly dividend of $0.16 per share will be paid on July 22, 2016 to stockholders of record at the close of business on July 12, 2016.

Liberty Tax, Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended April 30, 2016

Liberty Tax, Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended April 30, 2016. For the quarter, the company reported total revenues of $104,414,000 against $98,919,000 a year ago. Income from operations was $51,442,000 against $43,337,000 a year ago. Income before income taxes was $51,063,000 against $43,041,000 a year ago. Net income was $32,288,000 against $26,743,000 a year ago. Net income attributable to common stockholders Class A and Class B was $29,961,000 against $24,795,000 a year ago. Diluted net income per share of Class A and Class B was $2.31 against $1.89 a year ago. For the year, the company reported total revenues of $173,429,000 against $162,172,000 a year ago. Income from operations was $32,488,000 against $15,392,000 a year ago. Income before income taxes was $30,478,000 against $13,501,000 a year ago. Net income was $19,420,000 against $8,690,000 a year ago. Net income attributable to common stockholders Class A and Class B was $18,014,000 against $8,057,000 a year ago. Diluted net income per share of Class A and Class B was $1.38 against $0.61 a year ago. Net cash provided by operating activities was $29,817,000 against $24,517,000 a year ago. Purchases of property, equipment, and software were $10,692,000 against $11,463,000 a year ago. Non – GAAP income before taxes was $31,143,000 against $30,998,000 a year ago. Non-GAAP diluted earnings per share were $1.41 against $1.36 a year ago.

Liberty Tax, Inc. to Report Q4, 2016 Results on Jun 14, 2016

Liberty Tax, Inc. announced that they will report Q4, 2016 results at 4:30 PM, US Eastern Standard Time on Jun 14, 2016

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