AvidXchange Inc.

8.37
-0.18 (-2.11%)
At close: Mar 28, 2025, 3:59 PM
8.37
0.00%
After-hours: Mar 28, 2025, 05:42 PM EDT

AvidXchange Income Statement

Year FY24 FY23 FY22 FY21 FY20 FY19
Revenue 438.94M 380.72M 316.35M 248.41M 185.93M 149.58M
Cost of Revenue 121.78M 121.31M 117.86M 100.09M 83.75M 71.13M
Gross Profit 317.16M 259.41M 198.49M 148.32M 102.17M 78.45M
Operating Income -2.58M -51.62M -87.38M -107.32M -74.15M -69.16M
Interest Income 22.97M 20.89M 7.16M 661K 1.68M 1.38M
Pretax Income 9.07M -46.13M -100.96M -204.31M -101.01M -93.49M
Net Income 8.14M -47.33M -101.28M -199.65M -101.25M -93.55M
Selling & General & Admin 182.06M 179.45M 169.12M 159.76M 104.31M 91.68M
Research & Development 101.11M 97.56M 83.91M 65.15M 44.5M 33.59M
Other Expenses 36.57M n/a 32.84M 30.74M 27.51M 22.34M
Operating Expenses 319.74M 312.91M 285.86M 255.64M 176.32M 147.62M
Interest Expense 11.33M 13.52M 20.75M 20.11M 20.08M 17.26M
Selling & Marketing Expenses 82.53M 77.52M 77.73M 63.94M 47.91M 39.58M
Cost & Expenses 441.52M 434.22M 403.73M 355.73M 260.07M 218.75M
Income Tax 921K 1.2M 321K -4.66M 234.41K 60K
Shares Outstanding (Basic) 206.1M 201.89M 198.05M 196.8M 196.21M 196.21M
Shares Outstanding (Diluted) 209.16M 201.89M 198.05M 196.8M 196.21M 196.21M
EPS (Basic) 0.04 -0.23 -0.51 -1.01 -0.52 -0.48
EPS (Diluted) 0.04 -0.23 -0.51 -1.01 -0.52 -0.48
EBITDA 34.02M 3.3M -47.37M -153.46M -53.42M -53.89M
Depreciation & Amortization 36.28M 35.91M 32.84M 30.74M 27.51M 22.34M