AvidXchange Financial Statements From 2010 to 2024

AVDX Stock  USD 13.13  0.31  2.42%   
AvidXchange Holdings financial statements provide useful quarterly and yearly information to potential AvidXchange Holdings investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on AvidXchange Holdings financial statements helps investors assess AvidXchange Holdings' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting AvidXchange Holdings' valuation are summarized below:
Gross Profit
198.5 M
Profit Margin
(0.12)
Market Capitalization
2.6 B
Enterprise Value Revenue
6.0769
Revenue
380.7 M
We have found one hundred twenty available fundamental signals for AvidXchange Holdings, which can be analyzed and compared to other ratios and to its rivals. All investors should make sure to validate all of AvidXchange Holdings prevailing market performance against the performance between 2010 and 2024 to make sure the company can sustain itself down the road.
Check AvidXchange Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among AvidXchange main balance sheet or income statement drivers, such as Interest Expense of 11.2 M, Tax Provision of 475.6 K or Net Interest Income of 3.7 M, as well as many exotic indicators such as Short Term Coverage Ratios of 1.08, Price To Sales Ratio of 6.24 or Dividend Yield of 0.0027. AvidXchange financial statements analysis is a perfect complement when working with AvidXchange Holdings Valuation or Volatility modules.
  
This module can also supplement AvidXchange Holdings' financial leverage analysis and stock options assessment as well as various AvidXchange Holdings Technical models . Check out the analysis of AvidXchange Holdings Correlation against competitors.
For more information on how to buy AvidXchange Stock please use our How to Invest in AvidXchange Holdings guide.

AvidXchange Holdings Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Current Liabilities1.8 B1.7 B431.9 M
Slightly volatile
Accounts Payable10.6 M16.8 M6.6 M
Slightly volatile
Total Current Assets2.2 B2.1 B580.6 M
Slightly volatile
Common Stock214.2 K204 K61.5 K
Slightly volatile
Other Current Liabilities1.7 B1.6 B418.2 M
Slightly volatile
Other Assets0.951.07.7 M
Slightly volatile
Net Receivables37.8 M56.4 M19.5 M
Slightly volatile
Other Stockholder Equity931 M1.7 B400.6 M
Slightly volatile
Property Plant Equipment84.8 M119.5 M39.3 M
Slightly volatile
Total Assets1.8 B2.5 BB
Slightly volatile
Short and Long Term Debt Total131.4 M143.7 M157.7 M
Very volatile
Total Stockholder Equity586.9 M656.4 M402.4 M
Slightly volatile
Property Plant And Equipment Net107.9 M102.6 M89.1 M
Slightly volatile
Current Deferred Revenue9.7 M12.9 M5.7 M
Slightly volatile
Cash395.6 M407 M281.4 M
Slightly volatile
Non Current Assets Total386.6 M385 M302.3 M
Slightly volatile
Non Currrent Assets Other32.4 M31.6 M26.2 M
Slightly volatile
Long Term Debt73.3 M69.8 M91.7 M
Slightly volatile
Cash And Short Term Investments429.8 M451.6 M294.1 M
Slightly volatile
Good Will152.5 M190.8 M111.7 M
Slightly volatile
Common Stock Shares Outstanding197.8 M201.9 M171.8 M
Slightly volatile
Liabilities And Stockholders Equity1.8 B2.5 BB
Slightly volatile
Non Current Liabilities Total141.7 M154.4 M167.6 M
Very volatile
Capital Lease Obligations75.6 M67.5 M65.2 M
Slightly volatile
Other Current Assets1.7 B1.6 B308 M
Slightly volatile
Total Liabilities1.2 B1.8 B613.9 M
Slightly volatile
Deferred Long Term Liabilities18.3 M15.7 M21.3 M
Pretty Stable
Property Plant And Equipment Gross128.8 M147.2 M109.8 M
Slightly volatile
Short and Long Term Debt4.3 M7.4 M2.3 M
Slightly volatile
Capital Stock193.8 K204 K536.2 M
Slightly volatile
Non Current Liabilities OtherM4.2 M14.1 M
Slightly volatile
Net Working Capital395.1 M425.9 M271.3 M
Slightly volatile
Short Term Debt6.3 M8.2 M3.7 M
Slightly volatile
Intangible Assets93.9 M84.8 M76.9 M
Slightly volatile
Common Stock Total Equity217.8 K228.8 K200.6 K
Slightly volatile
Long Term Debt Total78.3 M68.3 M110.7 M
Slightly volatile
Capital Surpluse1.8 B1.9 B1.6 B
Slightly volatile

AvidXchange Holdings Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Interest Income20 M19.1 M4.2 M
Slightly volatile
Selling General Administrative87.5 M101.9 M63.6 M
Slightly volatile
Selling And Marketing Expenses67.5 M77.5 M48.7 M
Slightly volatile
Total Revenue281.8 M380.7 M193.9 M
Slightly volatile
Gross Profit165.2 M223.5 M108.1 M
Slightly volatile
Other Operating Expenses366.4 M427.4 M266.7 M
Slightly volatile
Research Development71.4 M97.6 M46.6 M
Slightly volatile
Cost Of Revenue116.6 M157.2 M85.8 M
Slightly volatile
Total Operating Expenses249.8 M270.2 M180.9 M
Slightly volatile
Reconciled Depreciation32.6 M35 M25.5 M
Slightly volatile
Preferred Stock And Other Adjustments7.6 M8.6 M9.3 M
Slightly volatile
Non Recurring1.1 M1.3 M1.4 M
Slightly volatile

AvidXchange Holdings Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation18.4 M35.9 M11.4 M
Slightly volatile
End Period Cash Flow386.6 M407 M415.1 M
Slightly volatile
Stock Based Compensation21.4 M40.9 M8.7 M
Slightly volatile
Begin Period Cash Flow653.4 M350.6 M330 M
Slightly volatile
Other Cashflows From Financing Activities368.8 M294 M414.1 M
Very volatile
Other Non Cash Items434.1 K457 K12.9 M
Pretty Stable
Dividends Paid5.4 M5.7 M186.9 M
Slightly volatile
Issuance Of Capital StockM2.1 M237.6 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio6.246.570221.7127
Slightly volatile
Dividend Yield0.00270.00280.0459
Slightly volatile
Operating Cycle51.454.1029538
Pretty Stable
Price Book Value Ratio3.623.810510.6321
Slightly volatile
Days Of Payables Outstanding68.238.949558.874
Very volatile
Ebt Per Ebit1.490.98851.3611
Very volatile
Payables Turnover5.49.37116.5151
Very volatile
Company Equity Multiplier2.33.78362.2274
Slightly volatile
Long Term Debt To Capitalization0.09130.09610.2838
Slightly volatile
Cash Per Share1.862.2371.72
Slightly volatile
Total Debt To Capitalization0.10.10620.2885
Slightly volatile
Debt Equity Ratio0.110.11880.4239
Slightly volatile
Quick Ratio0.290.30371.8941
Slightly volatile
Net Income Per E B T0.81.02590.9877
Slightly volatile
Cash Ratio0.230.24331.6621
Slightly volatile
Days Of Sales Outstanding65.6554.102959.4112
Pretty Stable
Price To Book Ratio3.623.810510.6321
Slightly volatile
Current Ratio1.991.25462.5933
Slightly volatile
Fixed Asset Turnover2.063.71032.0869
Slightly volatile
Debt Ratio0.02980.03140.2131
Slightly volatile
Price Sales Ratio6.246.570221.7127
Slightly volatile
Receivables Turnover4.916.74646.1149
Slightly volatile
Asset Turnover0.20.15330.2312
Slightly volatile
Gross Profit Margin0.460.5870.5377
Slightly volatile
Price Fair Value3.623.810510.6321
Slightly volatile

AvidXchange Fundamental Market Drivers

Forward Price Earnings47.8469
Cash And Short Term Investments451.6 M

AvidXchange Upcoming Events

28th of February 2024
Upcoming Quarterly Report
View
1st of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
28th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About AvidXchange Holdings Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include AvidXchange Holdings income statement, its balance sheet, and the statement of cash flows. AvidXchange Holdings investors use historical funamental indicators, such as AvidXchange Holdings's revenue or net income, to determine how well the company is positioned to perform in the future. Although AvidXchange Holdings investors may use each financial statement separately, they are all related. The changes in AvidXchange Holdings's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on AvidXchange Holdings's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on AvidXchange Holdings Financial Statements. Understanding these patterns can help to make the right decision on long term investment in AvidXchange Holdings. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Current Deferred Revenue12.9 M9.7 M
Total Revenue380.7 M281.8 M
Cost Of Revenue157.2 M116.6 M
Ebit Per Revenue(0.12)(0.13)

AvidXchange Holdings Investors Sentiment

The influence of AvidXchange Holdings' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in AvidXchange. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to AvidXchange Holdings' public news can be used to forecast risks associated with an investment in AvidXchange. The trend in average sentiment can be used to explain how an investor holding AvidXchange can time the market purely based on public headlines and social activities around AvidXchange Holdings. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
AvidXchange Holdings' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for AvidXchange Holdings' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average AvidXchange Holdings' news discussions. The higher the estimated score, the more favorable is the investor's outlook on AvidXchange Holdings.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards AvidXchange Holdings in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, AvidXchange Holdings' short interest history, or implied volatility extrapolated from AvidXchange Holdings options trading.

Pair Trading with AvidXchange Holdings

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if AvidXchange Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in AvidXchange Holdings will appreciate offsetting losses from the drop in the long position's value.

Moving against AvidXchange Stock

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The ability to find closely correlated positions to AvidXchange Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AvidXchange Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back AvidXchange Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling AvidXchange Holdings to buy it.
The correlation of AvidXchange Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as AvidXchange Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AvidXchange Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for AvidXchange Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether AvidXchange Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AvidXchange Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Avidxchange Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Avidxchange Holdings Stock:
Check out the analysis of AvidXchange Holdings Correlation against competitors.
For more information on how to buy AvidXchange Stock please use our How to Invest in AvidXchange Holdings guide.
Note that the AvidXchange Holdings information on this page should be used as a complementary analysis to other AvidXchange Holdings' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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When running AvidXchange Holdings' price analysis, check to measure AvidXchange Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AvidXchange Holdings is operating at the current time. Most of AvidXchange Holdings' value examination focuses on studying past and present price action to predict the probability of AvidXchange Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AvidXchange Holdings' price. Additionally, you may evaluate how the addition of AvidXchange Holdings to your portfolios can decrease your overall portfolio volatility.
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Is AvidXchange Holdings' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of AvidXchange Holdings. If investors know AvidXchange will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about AvidXchange Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.23)
Revenue Per Share
1.886
Quarterly Revenue Growth
0.208
Return On Assets
(0.01)
Return On Equity
(0.07)
The market value of AvidXchange Holdings is measured differently than its book value, which is the value of AvidXchange that is recorded on the company's balance sheet. Investors also form their own opinion of AvidXchange Holdings' value that differs from its market value or its book value, called intrinsic value, which is AvidXchange Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because AvidXchange Holdings' market value can be influenced by many factors that don't directly affect AvidXchange Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between AvidXchange Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if AvidXchange Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AvidXchange Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.