AvidXchange Inc.

NASDAQ: AVDX · Real-Time Price · USD
9.90
-0.01 (-0.10%)
At close: Aug 14, 2025, 3:59 PM
9.90
0.00%
After-hours: Aug 14, 2025, 06:47 PM EDT

AvidXchange Income Statement

Financials in USD. Fiscal year is January - December.
Fiscal Year FY 2024 FY 2023 FY 2022 FY 2021
Period Ending Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Revenue
438.94M 380.72M 316.35M 248.41M
Cost of Revenue
121.78M 121.31M 117.86M 100.09M
Gross Profit
317.16M 259.41M 198.49M 148.32M
Operating Income
-2.58M -51.62M -87.38M -107.32M
Interest Income
22.97M 20.89M 7.16M 661K
Pretax Income
9.07M -46.13M -100.96M -204.31M
Net Income
8.14M -47.33M -101.28M -199.65M
Selling & General & Admin
182.06M 179.45M 169.12M 159.76M
Research & Development
101.11M 97.56M 83.91M 65.15M
Other Expenses
36.57M n/a 32.84M 30.74M
Operating Expenses
280.63M 312.91M 285.86M 255.64M
Interest Expense
11.33M 13.52M 20.75M 20.11M
Selling & Marketing Expenses
82.53M 77.52M 77.73M 63.94M
Cost & Expenses
441.52M 434.22M 403.73M 355.73M
Income Tax Expense
921K 1.2M 321K -4.66M
Shares Outstanding (Basic)
206.1M 201.89M 198.05M 196.8M
Shares Outstanding (Diluted)
209.16M 201.89M 198.05M 196.8M
EPS (Basic)
0.04 -0.23 -0.51 -1.01
EPS (Diluted)
0.04 -0.23 -0.51 -1.01
EBITDA
34.02M 3.3M -47.37M -153.46M
EBIT
-2.27M -32.61M -80.21M -184.2M
Depreciation & Amortization
36.28M 35.91M 32.84M 30.74M