AvidXchange Holdings, Inc. (AVDX)

NASDAQ: AVDX · IEX Real-Time Price · USD

12.41

+0.16 (1.31%)

At close: Jul 19, 2024, 4:00 PM

12.30

-0.11 (-0.89%)

Pre-market: Jul 20, 2024, 9:29 AM EDT

AvidXchange Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	399.5	380.72	316.35	248.41	185.93	149.58
Revenue Growth (YoY)	20.34%	20.35%	27.35%	33.60%	24.30%	-
Cost of Revenue	122.17	121.31	117.86	100.09	83.76	71.13
Gross Profit	277.33	259.41	198.49	148.32	102.17	78.45
Selling, General & Admin	180.69	179.45	169.12	159.76	104.31	91.68
Research & Development	100.34	97.56	83.91	65.15	44.5	33.59
Other Operating Expenses	36.8	35.91	32.84	32.15	28.44	30.23
Operating Expenses	317.82	312.91	285.86	257.05	177.24	155.51
Operating Income	-40.49	-53.5	-87.38	-108.73	-75.07	-77.06
Interest Expense / Income	13.54	13.52	20.75	20.11	20.08	17.26
Other Expense / Income	-22.94	-20.89	-7.16	75.47	5.86	-0.83
Pretax Income	-31.09	-46.13	-100.96	-204.31	-101.01	-93.49
Income Tax	1.25	1.2	0.32	-4.66	0.23	0.06
Net Income	-32.34	-47.33	-101.28	-199.65	-101.25	-93.55
Preferred Dividends	0	0	0	24.64	65.1	14.4
Net Income Common	-32.34	-47.33	-101.28	-224.29	-166.34	-107.95
Shares Outstanding (Basic)	205	202	198	85	50	43
Shares Outstanding (Diluted)	205	202	198	85	50	43
Shares Change	2.50%	1.94%	132.83%	71.02%	16.96%	-
EPS (Basic)	-0.15	-0.23	-0.51	-2.64	-3.34	-2.54
EPS (Diluted)	-0.15	-0.23	-0.51	-2.64	-3.34	-2.54
Free Cash Flow	25.28	6.2	-32.62	-84.11	-44.81	-63.74
Free Cash Flow Per Share	0.12	0.03	-0.17	-0.99	-0.90	-1.50
Gross Margin	69.42%	68.14%	62.74%	59.71%	54.95%	52.45%
Operating Margin	-10.14%	-14.05%	-27.62%	-43.77%	-40.38%	-51.51%
Profit Margin	-8.10%	-12.43%	-32.02%	-90.29%	-89.47%	-72.16%
Free Cash Flow Margin	6.33%	1.63%	-10.31%	-33.86%	-24.10%	-42.61%
EBITDA	19.08	3.3	-47.37	-153.46	-53.42	-53.89
EBITDA Margin	4.78%	0.87%	-14.97%	-61.78%	-28.73%	-36.02%
Depreciation & Amortization	36.63	35.91	32.84	30.74	27.51	22.34
EBIT	-17.55	-32.61	-80.21	-184.2	-80.93	-76.23
EBIT Margin	-4.39%	-8.57%	-25.36%	-74.15%	-43.53%	-50.96%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).