Blucora operates two leading Internet businesses. Our InfoSpace business provides online search and monetization solutions to a network of over 100 global partners. Through TaxACT, we provide online tax preparation solutions to consumers and professional preparers.
The Blucora leadership team brings decades of experience in managing and investing in online businesses. We take a practical approach that is guided by the following general framework:GROWING BUSINESSES
Our businesses participate in secular growth markets driven by the continued migration of consumers to digital. InfoSpace and TaxACT are led by experienced management teams with deep expertise in their respective markets. We believe in the growth potential in our businesses. Our strategies focus on adapting to changes to maintain and build upon our momentum.FINANCIAL SOUNDNESS
Blucora is a financially stable company. Our businesses have sustained track records of profitability. We invest to grow while staying committed to core principles and financial disciplines. Our continued ability to generate free cash flow from our operations benefits our shareholders and provides flexibility going forward.DISCIPLINED CAPITAL ALLOCATION
Our management team has deep experience investing in online businesses. We invest for organic growth and, in select circumstances, will consider allocating our capital in pursuit of acquisitions that can complement or broaden our scope of operations. We evaluate capital allocation within established guidelines focused on building long-term value.COMMITMENT TO GOVERNANCE
At Blucora, governance is a broad-based, continuous effort that guides our everyday actions. We prioritize our relationships with our consumers and business partners and seek to strengthen the trust we have built with these stakeholders over the years. We value our employees and strive to make their working lives fulfilling, challenging and rewarding. We focus on our shareholders and evaluate key decisions with them in mind.