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AvidXchange Holdings Inc

Technology US AVDX

11.83USD
-0.04(0.34%)

Last update at 2024-04-25T20:00:00Z

Day Range

11.6311.84
LowHigh

52 Week Range

6.8812.75
LowHigh

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax -100.96300M -204.30900M -101.01202M -93.48600M -
Minority interest - - - - -
Net income -101.28400M -199.64900M -101.24642M -93.54600M -
Selling general administrative 91.38M 95.82M 56.40M 52.10M -
Selling and marketing expenses 77.73M 63.94M 47.91M 39.58M -
Gross profit 198.49M 148.32M 102.17M 78.45M -
Reconciled depreciation 32.84M 30.74M 27.51M 22.34M -
Ebit -87.37800M -107.32200M -74.14564M -69.16400M -2.31164M
Ebitda -47.37200M -125.92300M -44.95660M -45.44100M -
Depreciation and amortization 40.01M -18.60100M 29.19M 23.72M -
Non operating income net other -13.58500M -95.57500M - - -
Operating income -87.37800M -107.32200M -74.14564M -69.16400M -
Other operating expenses 403.73M 355.73M 260.07M 218.75M -
Interest expense 20.75M 20.11M 20.08M 17.26M 0.00000M
Tax provision 0.32M -4.66000M 0.23M 0.06M -
Interest income 7.16M 0.66M 1.68M 1.38M -
Net interest income -13.58500M -19.44700M -18.40470M -15.87639M -
Extraordinary items - - - - -
Non recurring - 1.41M - - -
Other items - - - - -
Income tax expense 0.32M -4.66000M 0.23M 0.06M -
Total revenue 316.35M 248.41M 185.93M 149.58M -
Total operating expenses 285.86M 255.64M 176.32M 147.62M -
Cost of revenue 117.86M 100.09M 83.75M 71.13M -
Total other income expense net -13.58500M -96.98700M -26.86638M -24.32200M -
Discontinued operations - - - - -
Net income from continuing ops -101.28400M -199.64900M -101.24642M -93.54616M -
Net income applicable to common shares -101.28400M -224.29000M -166.34182M -107.94574M -2.37180M
Preferred stock and other adjustments - 9.50M - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 2212.00M 2266.30M 726.51M 573.86M -
Intangible assets 98.75M 100.45M 72.44M 70.29M -
Earning assets - - - - -
Other current assets 12.56M 1264.10M 8.63M 7.35M -
Total liab 1554.55M 1543.25M 404.99M 264.80M -
Total stockholder equity 657.44M 723.05M 321.52M 309.05M -
Deferred long term liab 17.49M 28.28M 24.33M 21.51M -
Other current liab 1357.36M 1299.12M 178.09M 82.90M 0.47M
Common stock 0.20M 0.20M 0.05M 0.04M 0.00337M
Capital stock 0.20M 0.20M 832.67M 720.88M -
Retained earnings -974.83500M -871.92200M -672.27260M -423.62504M -33.53085M
Other liab 20.85M 26.44M 16.60M 10.45M -0.00000M
Good will 165.92M 165.92M 105.70M 89.52M -
Other assets 33.47M 32.54M 26.05M 23.62M 0.04M
Cash 350.56M 562.82M 252.46M 225.27M -
Cash and equivalents - - - - -
Total current liabilities 1391.16M 1332.31M 213.06M 99.68M 2.75M
Current deferred revenue 12.06M 9.53M 6.31M 3.49M -
Net debt -199.73800M -371.79900M -73.88487M -68.23935M -
Short term debt 8.28M 6.52M 3.24M 2.35M -
Short long term debt 6.42M 4.80M 1.00M 1.00M -
Short long term debt total 150.82M 191.02M 178.57M 157.03M -
Other stockholder equity 1632.08M 1594.78M 161.12M 11.80M 0.00007M
Property plant equipment 103.89M 109.50M 90.01M 82.09M 0.02M
Total current assets 1807.62M 1857.88M 432.32M 308.33M 0.03M
Long term investments - - - - -
Net tangible assets 392.77M 456.68M -689.24439M -571.59126M -2.69077M
Short term investments 110.99M - - - -
Net receivables 49.68M 42.48M 33.61M 24.00M -
Long term debt 75.91M 119.88M 98.45M 93.89M -
Inventory 1283.82M -11.52000M 137.62M 51.71M -
Accounts payable 13.45M 17.14M 25.42M 10.93M 1.53M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income - -2266.30300M - - -
Additional paid in capital - - - - -
Common stock total equity 0.20M 0.20M - - -
Preferred stock total equity - - - - -
Retained earnings total equity -974.83500M -871.92200M - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 33.47M 32.54M 26.05M 23.62M -
Deferred long term asset charges - - - - -
Non current assets total 404.38M 408.42M 294.19M 265.53M -
Capital lease obligations 68.49M 66.34M 79.13M 62.14M -
Long term debt total 75.91M 119.88M - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -140.34800M -84.10700M -36.55995M -116.85538M -
Change to liabilities -3.71500M 9.53M 14.44M 3.90M 0.42M
Total cashflows from investing activities -140.34800M -84.10700M -36.55995M -116.85538M -0.00670M
Net borrowings -40.23500M 1.33M 1.89M 22.52M -0.34374M
Total cash from financing activities -1.72700M 1567.86M 193.79M 308.26M 3.06M
Change to operating activities 10.77M -7.25800M 6.88M -1.97976M -0.14742M
Net income -101.28400M -199.64900M -101.24642M -93.54600M -2.37180M
Change in cash -170.77600M 1415.09M 113.11M 129.61M 0.03M
Begin period cash flow 1805.16M 390.08M 276.97M 147.36M -
End period cash flow 1634.39M 1805.16M 390.08M 276.97M 147.36M
Total cash from operating activities -28.70100M -68.66700M -44.12934M -61.79100M -3.02588M
Issuance of capital stock 1.45M 630.80M 322.29M 260.49M -
Depreciation 32.84M 30.74M 27.51M 22.34M 0.46M
Other cashflows from investing activities -137.19900M -5.64700M -4.70679M -1.72794M 0.00843M
Dividends paid - 6.29M - - -
Change to inventory - -3.10600M 9.76M 2.29M -
Change to account receivables -10.28900M -4.71300M -5.71159M -2.32800M -
Sale purchase of stock 1.57M -169.00000M -195.74249M -11.18400M -
Other cashflows from financing activities 108.86M 1117.31M 392.12M 393.00M -
Change to netincome 72.58M 101.33M 12.82M 8.64M -1.39496M
Capital expenditures 27.80M 18.33M 12.05M 9.25M 0.00000M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes -170.77600M 1415.09M - - -
Change in working capital -3.23100M -2.43800M 15.61M -0.40800M -
Stock based compensation 31.84M 21.43M 1.63M 1.38M -
Other non cash items 10.92M 85.98M 12.19M 8.38M -
Free cash flow -56.50500M -86.99300M -56.17883M -71.04500M -

Fundamentals

  • Previous Close 11.87
  • Market Cap2521.07M
  • Volume803475
  • P/E Ratio-
  • Dividend Yield-%
  • EBITDA-34.41300M
  • Revenue TTM362.83M
  • Revenue Per Share TTM1.81
  • Gross Profit TTM 198.49M
  • Diluted EPS TTM-0.33

Peer Comparison

Sector: Technology Industry: Software - Infrastructure

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
AVDX
AvidXchange Holdings Inc
-0.04 0.34% 11.83 - 86.96 6.71 3.76 5.92 -127.2987
MSFT
Microsoft Corporation
-10.02 2.45% 399.04 36.23 33.11 12.62 12.48 12.35 24.07
ORCL
Oracle Corporation
-0.47 0.41% 114.87 29.34 18.66 5.55 74.06 7.10 18.13
ADBE
Adobe Systems Incorporated
-3.68 0.77% 473.44 50.49 33.22 13.98 16.43 13.79 34.38
PANW
Palo Alto Networks Inc
-5.03 1.71% 288.79 166.60 58.48 13.17 44.82 12.93 84.16

Reports Covered

Stock Research & News

Profile

AvidXchange Holdings, Inc. provides accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers in North America. The company offers AP automation software, a SaaS-based solution that automates and digitizes capture, review, approval, and payment of invoices for buyers; the AvidPay network that connects two-sided payments with buyers and suppliers; and Cashflow manager that provides cash management solutions. Its platform offers electronic invoice capture, workflow routing, and automated payments solutions. The company markets its solutions through direct salesforces; strategic channel partnerships; and software and technology business partners. It serves real estate, homeowners associations, construction, financial services, healthcare facilities, social services, education, and media sectors. The company was incorporated in 2000 and is headquartered in Charlotte, North Carolina.

AvidXchange Holdings Inc

1210 AvidXchange Lane, Charlotte, NC, United States, 28206

Key Executives

Name Title Year Born
Mr. Michael Praeger Co-Founder, Chairman, Pres & CEO 1965
Mr. Joel Wilhite Sr. VP & CFO 1970
Mr. Daniel Drees Chief Growth Officer & Sr. VP 1968
Mr. Chris Tinsley Co-Founder & Sr. Technology Advisor NA
Ms. Melissa Spitzer-Johnson VP of Operations NA
Ms. Angelic Gibson Chief Information Officer & Sr. VP 1977
Subhaash Kumar Head of Investor Relations NA
Mr. Ryan Stahl Sr. VP, Gen. Counsel & Sec. 1975
Mr. Al McMillian Jr. VP of Compliance NA
Ms. Jess Antle VP of Brand Marketing & Communications NA

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