AvidXchange Holdings, Inc. financial data

Symbol
AVDX on Nasdaq
Industry
Services-Prepackaged Software
Location
1210 Avidxchange Lane, Charlotte, NC
State of incorporation
DE
Fiscal year end
December 31
Latest financial report
10-K - Q4 2024 - Feb 28, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 133 % +1.41%
Debt-to-equity 208 % -10.5%
Return On Equity -1.98 % +84.8%
Return On Assets -0.59 % +85.8%
Operating Margin -5.35 % +77.8%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 204M shares +0.06%
Common Stock, Shares, Outstanding 204M shares +0.12%
Entity Public Float 1.65B USD 0%
Common Stock, Value, Issued 204K USD 0%
Weighted Average Number of Shares Outstanding, Basic 206M shares +2.09%
Weighted Average Number of Shares Outstanding, Diluted 209M shares +3.6%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 439M USD +15.3%
Revenue from Contract with Customer, Excluding Assessed Tax 439M USD +15.3%
Research and Development Expense 101M USD +3.64%
Selling and Marketing Expense 82.5M USD +6.46%
General and Administrative Expense 99.5M USD -2.35%
Operating Income (Loss) -22.1M USD +73.5%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 9.07M USD
Income Tax Expense (Benefit) 921K USD -22.9%
Net Income (Loss) Attributable to Parent -13.1M USD +84.6%
Earnings Per Share, Basic 0.04 USD/shares
Earnings Per Share, Diluted 0.04 USD/shares

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 356M USD -12.6%
Marketable Securities, Current 33.7M USD -24.6%
Accounts Receivable, after Allowance for Credit Loss, Current 51.7M USD +10.7%
Assets, Current 1.72B USD -18%
Property, Plant and Equipment, Net 97.6M USD -3.36%
Operating Lease, Right-of-Use Asset 0 USD -100%
Intangible Assets, Net (Excluding Goodwill) 71.1M USD -16.2%
Goodwill 166M USD 0%
Other Assets, Noncurrent 6.3M USD +59.1%
Assets 2.09B USD -15.9%
Accounts Payable, Current 15.5M USD -7.65%
Accrued Liabilities, Current 46.8M USD -16.9%
Liabilities, Current 1.33B USD -20.3%
Operating Lease, Liability, Noncurrent 1.97M USD -39.9%
Other Liabilities, Noncurrent 3.96M USD -5.1%
Liabilities 1.42B USD -22.4%
Retained Earnings (Accumulated Deficit) -1.01B USD +0.8%
Stockholders' Equity Attributable to Parent 672M USD +2.34%
Liabilities and Equity 2.09B USD -15.9%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -6.35M USD +75.2%
Net Cash Provided by (Used in) Financing Activities -356M USD -52.2%
Net Cash Provided by (Used in) Investing Activities -59.5M USD -235%
Common Stock, Shares Authorized 1.6B shares 0%
Common Stock, Shares, Issued 204M shares +0.12%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -422M USD -96%
Deferred Tax Assets, Valuation Allowance 161M USD -2.83%
Deferred Tax Assets, Gross 183M USD -3.44%
Operating Lease, Liability 3.18M USD -33.8%
Lessee, Operating Lease, Liability, to be Paid 3.89M USD -35.2%
Property, Plant and Equipment, Gross 146M USD +0.04%
Operating Lease, Liability, Current 1.21M USD -20.9%
Lessee, Operating Lease, Liability, to be Paid, Year Two 811K USD -49.7%
Lessee, Operating Lease, Liability, to be Paid, Year One 1.5M USD -24.8%
Operating Lease, Weighted Average Discount Rate, Percent 0.12 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 709K USD -40.5%
Lessee, Operating Lease, Liability, to be Paid, Year Three 659K USD -18.7%
Deferred Tax Assets, Operating Loss Carryforwards 76.7M USD -17.8%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 50M shares 0%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 606K USD -7.9%
Operating Lease, Payments 2.5M USD +12.2%
Additional Paid in Capital 1.69B USD +0.43%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 31M USD +3.29%
Depreciation, Depletion and Amortization 9.31M USD +8.4%
Deferred Tax Assets, Net of Valuation Allowance 22M USD -7.65%
Share-based Payment Arrangement, Expense 46.4M USD +15.9%
Interest Expense 11.3M USD -16.2%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%