AvidXchange Holdings Inc. | Mid-cap | Technology
$9.92
0.10%
| AvidXchange Holdings Stock Comparison:
AvidXchange Holdings vs MicrosoftAvidXchange Holdings vs OracleAvidXchange Holdings vs AmdocsAvidXchange Holdings vs KlaviyoAvidXchange Holdings vs Shift4 PaymentsAvidXchange Holdings vs S&P 500 | Market
TL;DR Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Mar 2025

Income Metrics

Revenue 107.9M
Gross Profit 77.2M 71.48%
Operating Income -8.4M -7.74%
Net Income -7.3M -6.77%
EPS (Diluted) $-0.04

Balance Sheet Metrics

Total Assets 2.0B
Total Liabilities 1.3B
Shareholders Equity 679.2M
Debt to Equity 1.93

Cash Flow Metrics

Operating Cash Flow 17.5M
Free Cash Flow 2.3M

Revenue & Profitability Trend

AvidXchange Holdings Income Statement From 2020 to 2024

Metric20242023202220212020
Revenue i438.9M380.7M316.4M248.4M185.9M
Cost of Goods Sold i121.8M121.3M117.9M100.1M83.8M
Gross Profit i317.2M259.4M198.5M148.3M102.2M
Gross Margin % i72.3%68.1%62.7%59.7%55.0%
Operating Expenses
Research & Development i101.1M97.6M83.9M65.1M44.5M
Selling, General & Administrative i182.1M179.4M169.1M159.8M104.3M
Other Operating Expenses i-----
Total Operating Expenses i283.2M277.0M253.0M224.9M148.8M
Operating Income i-2.3M-53.5M-87.4M-107.3M-74.1M
Operating Margin % i-0.5%-14.1%-27.6%-43.2%-39.9%
Non-Operating Items
Interest Income i23.0M20.9M7.2M661.0K1.7M
Interest Expense i11.3M13.5M20.7M20.1M20.1M
Other Non-Operating Income-286.0K---77.5M-8.5M
Pre-tax Income i9.1M-46.1M-101.0M-204.3M-101.0M
Income Tax i921.0K1.2M321.0K-4.7M234.0K
Effective Tax Rate % i10.2%0.0%0.0%0.0%0.0%
Net Income i8.1M-47.3M-101.3M-199.6M-101.2M
Net Margin % i1.9%-12.4%-32.0%-80.4%-54.5%
Key Metrics
EBITDA i57.0M3.3M-47.4M-125.9M-45.0M
EPS (Basic) i$0.04$-0.23$-0.51$-2.64$-0.99
EPS (Diluted) i$0.04$-0.23$-0.51$-2.64$-0.99
Basic Shares Outstanding i20609650520188766919804580585061417168083683
Diluted Shares Outstanding i20609650520188766919804580585061417168083683

Income Statement Trend

AvidXchange Holdings Balance Sheet From 2020 to 2024

Metric20242023202220212020
Assets
Current Assets
Cash & Equivalents i355.6M407.0M350.6M562.8M252.5M
Short-term Investments i33.7M44.6M111.0M0-
Accounts Receivable i51.7M46.7M39.7M31.0M24.8M
Inventory i-----
Other Current Assets15.3M12.1M12.6M10.2M8.6M
Total Current Assets i1.7B2.1B1.8B1.9B432.3M
Non-Current Assets
Property, Plant & Equipment i01.6M2.3M3.3M3.1M
Goodwill i402.9M416.6M430.6M432.3M283.8M
Intangible Assets i71.1M84.8M98.7M100.5M72.4M
Long-term Investments-----
Other Non-Current Assets34.4M31.6M33.5M32.5M26.0M
Total Non-Current Assets i369.0M385.0M404.4M408.4M294.2M
Total Assets i2.1B2.5B2.2B2.3B726.5M
Liabilities
Current Liabilities
Accounts Payable i15.5M16.8M13.5M17.1M25.4M
Short-term Debt i6.1M8.2M8.3M6.5M3.2M
Current Portion of Long-term Debt-----
Other Current Liabilities1.3B1.6B1.3B1.2B137.6M
Total Current Liabilities i1.3B1.7B1.4B1.3B213.1M
Non-Current Liabilities
Long-term Debt i69.3M135.5M142.5M184.5M175.3M
Deferred Tax Liabilities i-----
Other Non-Current Liabilities4.0M4.2M3.4M6.1M14.9M
Total Non-Current Liabilities i85.1M154.4M163.4M210.9M1.0B
Total Liabilities i1.4B1.8B1.6B1.5B1.2B
Equity
Common Stock i204.0K204.0K199.0K197.0K50.0K
Retained Earnings i-1.0B-1.0B-974.8M-871.9M-672.3M
Treasury Stock i-----
Other Equity-----
Total Shareholders Equity i671.8M656.4M657.4M723.1M-511.1M
Key Metrics
Total Debt i75.4M143.7M150.8M191.0M178.6M
Working Capital i387.9M425.9M416.5M525.6M219.3M

Balance Sheet Composition

AvidXchange Holdings Cash Flow Statement From 2020 to 2024

Metric20242023202220212020
Operating Activities
Net Income i8.1M-47.3M-101.3M-199.6M-101.2M
Depreciation & Amortization i36.3M35.9M32.8M30.7M27.5M
Stock-Based Compensation i47.2M40.9M31.8M21.4M1.6M
Working Capital Changes i-11.7M-5.7M-14.9M-2.2M5.2M
Operating Cash Flow i83.1M27.3M-47.7M-98.2M-64.6M
Investing Activities
Capital Expenditures i-2.1M-2.3M-3.1M-1.4M-703.0K
Acquisitions i-00-47.4M-19.8M
Investment Purchases i-120.2M-274.0M-385.0M00
Investment Sales i135.3M345.7M276.1M00
Investing Cash Flow i6.2M68.0M-114.9M-53.1M-25.2M
Financing Activities
Share Repurchases i-50.1M00-169.0M-195.7M
Dividends Paid i-----
Debt Issuance i0067.4M3.5M4.5M
Debt Repayment i-68.5M-6.9M-112.0M-2.1M-2.6M
Financing Cash Flow i-440.3M288.6M-3.3M1.6B193.8M
Free Cash Flow i52.3M-9.9M-56.5M-87.0M-56.2M
Net Change in Cash i-351.0M383.9M-165.9M1.4B104.0M

Cash Flow Trend

AvidXchange Holdings Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 243.00
Forward P/E 29.18
Price to Book 3.00
Price to Sales 4.61
PEG Ratio -0.10

Profitability Ratios

Profit Margin -1.80%
Operating Margin -5.44%
Return on Equity -1.17%
Return on Assets -0.21%

Financial Health

Current Ratio 1.33
Debt to Equity 10.88
Beta 1.20

Per Share Data

EPS (TTM) $-0.04
Book Value per Share $3.31
Revenue per Share $2.17

Peer Financial Comparison

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
avdx2.1B243.003.00-1.17%-1.80%10.88
Microsoft 3.8T39.6711.8633.61%35.79%32.63
Oracle 654.9B53.7232.0082.38%21.68%519.59
Amdocs 9.5B17.532.7215.73%11.94%23.65
Klaviyo 9.8B-192.768.95-6.42%-6.19%9.04
Shift4 Payments 8.0B33.829.8418.28%6.11%186.68

Financial data is updated regularly. All figures are in the company's reporting currency.