AvidXchange Holdings, Inc. (AVDX)
NASDAQ: AVDX · Real-Time Price · USD
10.71
+0.07 (0.66%)
Nov 20, 2024, 4:00 PM EST - Market closed
AvidXchange Holdings Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
Period Ending | Sep '24 Sep 30, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | Dec '19 Dec 31, 2019 |
| Revenue | 427.57 | 380.72 | 316.35 | 248.41 | 185.93 | 149.58 |
| Revenue Growth (YoY) | 17.84% | 20.35% | 27.35% | 33.60% | 24.30% | - |
| Cost of Revenue | 122.03 | 121.31 | 117.86 | 100.09 | 83.76 | 71.13 |
| Gross Profit | 305.53 | 259.41 | 198.49 | 148.32 | 102.17 | 78.45 |
| Selling, General & Admin | 176.48 | 177.57 | 167.59 | 159.76 | 88.51 | 91.68 |
| Research & Development | 100.98 | 97.56 | 83.91 | 65.15 | 44.5 | 33.59 |
| Operating Expenses | 314.46 | 311.03 | 284.34 | 255.64 | 160.52 | 147.62 |
| Operating Income | -8.93 | -51.62 | -85.85 | -107.32 | -58.35 | -69.16 |
| Interest Expense | -12.69 | -13.52 | -20.75 | -20.11 | -20.08 | -17.26 |
| Interest & Investment Income | 24.45 | 20.89 | 7.16 | 0.66 | 1.68 | 1.38 |
| Other Non Operating Income (Expenses) | - | - | - | -26.13 | -7.54 | -0.56 |
| EBT Excluding Unusual Items | 2.83 | -44.25 | -99.44 | -152.9 | -84.29 | -85.6 |
| Merger & Restructuring Charges | -3.04 | -1.88 | -1.53 | - | - | - |
| Asset Writedown | -0.16 | - | - | -1.41 | -0.92 | -7.89 |
| Other Unusual Items | - | - | - | -50 | -15.8 | - |
| Pretax Income | 0.53 | -46.13 | -100.96 | -204.31 | -101.01 | -93.49 |
| Income Tax Expense | 1.53 | 1.2 | 0.32 | -4.66 | 0.23 | 0.06 |
| Net Income | -1 | -47.33 | -101.28 | -199.65 | -101.25 | -93.55 |
| Preferred Dividends & Other Adjustments | - | - | - | 24.64 | 65.1 | 14.4 |
| Net Income to Common | -1 | -47.33 | -101.28 | -224.29 | -166.34 | -107.95 |
| Shares Outstanding (Basic) | 206 | 202 | 198 | 85 | 50 | 43 |
| Shares Outstanding (Diluted) | 206 | 202 | 198 | 85 | 50 | 43 |
| Shares Change (YoY) | 2.45% | 1.94% | 132.83% | 71.02% | 16.96% | - |
| EPS (Basic) | -0.00 | -0.23 | -0.51 | -2.64 | -3.34 | -2.54 |
| EPS (Diluted) | -0.00 | -0.23 | -0.51 | -2.64 | -3.34 | -2.54 |
| Free Cash Flow | 60.17 | 6.2 | -31.85 | -70.06 | -44.83 | -63.7 |
| Free Cash Flow Per Share | 0.29 | 0.03 | -0.16 | -0.82 | -0.90 | -1.50 |
| Gross Margin | 71.46% | 68.14% | 62.74% | 59.71% | 54.95% | 52.45% |
| Operating Margin | -2.09% | -13.56% | -27.14% | -43.20% | -31.38% | -46.24% |
| Profit Margin | -0.23% | -12.43% | -32.02% | -90.29% | -89.47% | -72.16% |
| Free Cash Flow Margin | 14.07% | 1.63% | -10.07% | -28.20% | -24.11% | -42.58% |
| EBITDA | 28.07 | -15.71 | -53.01 | -76.58 | -30.83 | -46.82 |
| EBITDA Margin | 6.57% | -4.13% | -16.76% | -30.83% | -16.58% | -31.30% |
| D&A For EBITDA | 37 | 35.91 | 32.84 | 30.74 | 27.51 | 22.34 |
| EBIT | -8.93 | -51.62 | -85.85 | -107.32 | -58.35 | -69.16 |
| EBIT Margin | -2.09% | -13.56% | -27.14% | -43.20% | -31.38% | -46.24% |
Source: S&P Capital IQ. Standard template. Financial Sources.