AvidXchange Holdings Balance Sheet

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
Cash & Equivalents	315.32	406.97	350.56	562.82	252.46	225.27
Short-Term Investments	78.96	44.65	110.99	-	-	-
Cash & Short-Term Investments	394.28	451.62	461.55	562.82	252.46	225.27
Cash Growth	-10.51%	-2.15%	-17.99%	122.93%	12.07%	-
Receivables	56.1	46.69	39.67	30.97	24.76	18.82
Prepaid Expenses	12.68	12.07	12.56	10.24	8.63	7.35
Other Current Assets	1,168	1,588	1,294	1,254	146.48	56.89
Total Current Assets	1,631	2,099	1,808	1,858	432.32	308.33
Property, Plant & Equipment	99.71	102.61	106.24	109.51	90.01	82.09
Goodwill	165.92	165.92	165.92	165.92	105.7	89.52
Other Intangible Assets	74.03	84.81	98.75	100.46	72.44	70.29
Long-Term Deferred Charges	29.51	28.27	28.67	28.44	24.38	21.51
Other Long-Term Assets	4.57	3.35	4.8	4.1	1.66	2.12
Total Assets	2,005	2,484	2,212	2,266	726.51	573.86
Accounts Payable	15.99	16.78	13.45	17.14	25.42	10.93
Accrued Expenses	1,202	1,635	1,357	1,298	178.09	82.9
Current Portion of Long-Term Debt	4.8	6.43	6.43	4.8	1	1
Current Portion of Leases	1.83	1.8	1.86	1.72	2.24	1.35
Current Unearned Revenue	13.08	12.85	12.06	9.53	6.31	3.49
Other Current Liabilities	-	-	-	0.69	-	-
Total Current Liabilities	1,237	1,673	1,391	1,332	213.06	99.68
Long-Term Debt	9.1	69.76	75.91	119.88	98.45	93.89
Long-Term Leases	65.15	65.74	66.63	64.62	76.89	60.79
Long-Term Unearned Revenue	12.4	14.74	17.49	20.35	1.66	1.69
Other Long-Term Liabilities	4.15	4.18	3.37	6.09	14.94	8.76
Total Liabilities	1,328	1,827	1,555	1,543	404.99	264.8
Common Stock	0.21	0.2	0.2	0.2	0.05	0.01
Additional Paid-In Capital	1,695	1,678	1,632	1,595	161.12	11.83
Retained Earnings	-1,019	-1,022	-974.84	-871.92	-672.27	-423.63
Total Common Equity	676.8	656.45	657.44	723.06	-511.11	-411.78
Shareholders' Equity	676.8	656.45	657.44	723.06	321.52	309.05
Total Liabilities & Equity	2,005	2,484	2,212	2,266	726.51	573.86
Total Debt	80.88	143.72	150.83	191.02	178.57	157.03
Net Cash (Debt)	313.4	307.9	310.72	371.8	73.88	68.24
Net Cash Growth	7.55%	-0.91%	-16.43%	403.22%	8.27%	-
Net Cash Per Share	1.52	1.53	1.57	4.37	1.49	1.60
Filing Date Shares Outstanding	205.73	204.32	199.47	196.84	50.05	42.53
Total Common Shares Outstanding	205.52	204.08	199.43	196.8	50.05	42.53
Working Capital	393.86	425.9	416.46	525.58	219.26	208.65
Book Value Per Share	3.29	3.22	3.30	3.67	-10.21	-9.68
Tangible Book Value	436.84	405.72	392.77	456.68	-689.25	-571.59
Tangible Book Value Per Share	2.13	1.99	1.97	2.32	-13.77	-13.44
Land	-	37.36	37.36	37.36	12.67	12.69
Machinery	-	29.66	27.91	24.12	22.89	21.99
Leasehold Improvements	-	7.08	7.06	8.31	8.68	8.67

Source: S&P Capital IQ. Standard template. Financial Sources.