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AvidXchange Inc. (AVDX)

NASDAQ: AVDX · Real-Time Price · USD

8.18

0.28 (3.54%)

At close: Apr 29, 2025, 3:59 PM

7.90

-3.42%

After-hours: Apr 29, 2025, 06:17 PM EDT

AvidXchange Income Statement

Financials in USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
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 Expense	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
EBIT	-2.27M	-32.61M	-80.21M	-184.2M	-80.93M	-76.23M
Depreciation & Amortization	36.28M	35.91M	32.84M	30.74M	27.51M	22.34M