AvidXchange Holdings, Inc. Annual Amortization of Intangible Assets in USD from 2019 to 2024

Taxonomy & unit
us-gaap: USD
Description
The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method.
Summary
AvidXchange Holdings, Inc. quarterly/annual Amortization of Intangible Assets history and growth rate from 2019 to 2024.
  • AvidXchange Holdings, Inc. Amortization of Intangible Assets for the quarter ending December 31, 2024 was $7.43M, a 6.27% decline year-over-year.
  • AvidXchange Holdings, Inc. Amortization of Intangible Assets for the twelve months ending December 31, 2024 was $31M, a 3.29% increase year-over-year.
  • AvidXchange Holdings, Inc. annual Amortization of Intangible Assets for 2024 was $31M, a 3.29% increase from 2023.
  • AvidXchange Holdings, Inc. annual Amortization of Intangible Assets for 2023 was $30M, a 12.1% increase from 2022.
  • AvidXchange Holdings, Inc. annual Amortization of Intangible Assets for 2022 was $26.8M, a 11% increase from 2021.
Amortization of Intangible Assets, Trailing 12 Months (USD)
Amortization of Intangible Assets, Annual (USD)
Amortization of Intangible Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2024 $31M +$988K +3.29% Jan 1, 2024 Dec 31, 2024 10-K 2025-02-28
2023 $30M +$3.23M +12.1% Jan 1, 2023 Dec 31, 2023 10-K 2025-02-28
2022 $26.8M +$2.66M +11% Jan 1, 2022 Dec 31, 2022 10-K 2025-02-28
2021 $24.1M +$3.94M +19.5% Jan 1, 2021 Dec 31, 2021 10-K 2024-02-29
2020 $20.2M +$4.64M +29.8% Jan 1, 2020 Dec 31, 2020 10-K 2023-03-01
2019 $15.5M Jan 1, 2019 Dec 31, 2019 10-K 2022-03-14
* An asterisk sign (*) next to the value indicates that the value is likely invalid.