AvidXchange Holdings Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	335.77	355.64	406.97	350.56	562.82	252.46
Short-Term Investments	71.46	33.66	44.65	110.99	-	-
Cash & Short-Term Investments	407.23	389.3	451.62	461.55	562.82	252.46
Cash Growth	-12.43%	-13.80%	-2.15%	-17.99%	122.93%	12.07%
Receivables	50.99	51.67	46.69	39.67	30.97	24.76
Prepaid Expenses	15.5	15.32	12.07	12.56	10.24	8.63
Other Current Assets	1,166	1,264	1,588	1,294	1,254	146.48
Total Current Assets	1,640	1,721	2,099	1,808	1,858	432.32
Property, Plant & Equipment	96.63	97.59	102.61	106.24	109.51	90.01
Goodwill	165.92	165.92	165.92	165.92	165.92	105.7
Other Intangible Assets	65.24	71.07	84.81	98.75	100.46	72.44
Long-Term Deferred Charges	30.55	29.86	28.27	28.67	28.44	24.38
Other Long-Term Assets	5.54	4.56	3.35	4.8	4.1	1.66
Total Assets	2,004	2,090	2,484	2,212	2,266	726.51
Accounts Payable	20.48	15.49	16.78	13.45	17.14	25.42
Accrued Expenses	1,193	1,297	1,635	1,357	1,298	178.09
Current Portion of Long-Term Debt	4.8	4.8	6.43	6.43	4.8	1
Current Portion of Leases	0.7	1.31	1.8	1.86	1.72	2.24
Current Unearned Revenue	12.75	13.97	12.85	12.06	9.53	6.31
Other Current Liabilities	-	-	-	-	0.69	-
Total Current Liabilities	1,232	1,333	1,673	1,391	1,332	213.06
Long-Term Debt	4.3	4.3	69.76	75.91	119.88	98.45
Long-Term Leases	65	64.99	65.74	66.63	64.62	76.89
Long-Term Unearned Revenue	10.64	11.86	14.74	17.49	20.35	1.66
Other Long-Term Liabilities	4.33	3.96	4.18	3.37	6.09	14.94
Total Liabilities	1,316	1,418	1,827	1,555	1,543	404.99
Common Stock	0.21	0.2	0.2	0.2	0.2	0.05
Additional Paid-In Capital	1,718	1,686	1,678	1,632	1,595	161.12
Retained Earnings	-1,031	-1,014	-1,022	-974.84	-871.92	-672.27
Total Common Equity	687.55	671.83	656.45	657.44	723.06	-511.11
Shareholders' Equity	687.55	671.83	656.45	657.44	723.06	321.52
Total Liabilities & Equity	2,004	2,090	2,484	2,212	2,266	726.51
Total Debt	74.8	75.4	143.72	150.83	191.02	178.57
Net Cash (Debt)	332.44	313.9	307.9	310.72	371.8	73.88
Net Cash Growth	3.10%	1.95%	-0.91%	-16.43%	403.22%	8.27%
Net Cash Per Share	1.61	1.50	1.53	1.57	4.37	1.49
Filing Date Shares Outstanding	207.7	204.44	204.32	199.47	196.84	50.05
Total Common Shares Outstanding	207.7	204.34	204.08	199.43	196.8	50.05
Working Capital	407.94	387.95	425.9	416.46	525.58	219.26
Book Value Per Share	3.31	3.29	3.22	3.30	3.67	-10.21
Tangible Book Value	456.39	434.84	405.72	392.77	456.68	-689.25
Tangible Book Value Per Share	2.20	2.13	1.99	1.97	2.32	-13.77
Land	-	37.36	37.36	37.36	37.36	12.67
Machinery	-	31.7	29.66	27.91	24.12	22.89
Leasehold Improvements	-	5.09	7.08	7.06	8.31	8.68

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q