AvidXchange Inc. (AVDX)
AvidXchange Statistics
Share Statistics
AvidXchange has 204.44M shares outstanding. The number of shares has increased by -1.05% in one year.
| Shares Outstanding | 204.44M |
| Shares Change (YoY) | -1.05% |
| Shares Change (QoQ) | -0.62% |
| Owned by Institutions (%) | 75.58% |
| Shares Floating | 160.73M |
| Failed to Deliver (FTD) Shares | 32 |
| FTD / Avg. Volume | < 0.01% |
Short Selling Information
The latest short interest is 4.42M, so 2.15% of the outstanding shares have been sold short.
| Short Interest | 4.42M |
| Short % of Shares Out | 2.15% |
| Short % of Float | 2.4% |
| Short Ratio (days to cover) | 2.81 |
Valuation Ratios
The PE ratio is 261.64 and the forward PE ratio is 21.11. AvidXchange's PEG ratio is -2.23.
| PE Ratio | 261.64 |
| Forward PE | 21.11 |
| PS Ratio | 4.85 |
| Forward PS | 1.9 |
| PB Ratio | 3.17 |
| P/FCF Ratio | 29.62 |
| PEG Ratio | -2.23 |
Enterprise Valuation
AvidXchange has an Enterprise Value (EV) of 1.85B.
| EV / Sales | 4.22 |
| EV / EBITDA | 54.41 |
| EV / EBIT | 25.73 |
| EV / FCF | 25.73 |
Financial Position
The company has a current ratio of 1.29, with a Debt / Equity ratio of 0.11.
| Current Ratio | 1.29 |
| Quick Ratio | 1.29 |
| Debt / Equity | 0.11 |
| Debt / EBITDA | 2.22 |
| Debt / FCF | 1.05 |
| Interest Coverage | -0.23 |
Financial Efficiency
Return on Equity is 1.21% and Return on Invested Capital is -0.3%.
| Return on Equity | 1.21% |
| Return on Assets | 0.39% |
| Return on Invested Capital | -0.3% |
| Revenue Per Employee | $274.34K |
| Profits Per Employee | $5.09K |
| Employee Count | 1,600 |
| Asset Turnover | 0.21 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 921K |
| Effective Tax Rate | 10.16% |
Stock Price Statistics
The stock price has increased by -36.7% in the last 52 weeks. The beta is 1.14, so AvidXchange's price volatility has been higher than the market average.
| Beta | 1.14 |
| 52-Week Price Change | -36.7% |
| 50-Day Moving Average | 8.29 |
| 200-Day Moving Average | 9.33 |
| Relative Strength Index (RSI) | 39.83 |
| Average Volume (20 Days) | 1.86M |
Income Statement
In the last 12 months, AvidXchange had revenue of 438.94M and earned 8.14M in profits. Earnings per share was 0.04.
| Revenue | 438.94M |
| Gross Profit | 317.16M |
| Operating Income | -2.58M |
| Net Income | 8.14M |
| EBITDA | 34.02M |
| EBIT | -2.27M |
| Earnings Per Share (EPS) | 0.04 |
Balance Sheet
The company has 355.64M in cash and 75.4M in debt, giving a net cash position of 280.23M.
| Cash & Cash Equivalents | 355.64M |
| Total Debt | 75.4M |
| Net Cash | 280.23M |
| Retained Earnings | -1.01B |
| Total Assets | 2.09B |
| Working Capital | 387.95M |
Cash Flow
In the last 12 months, operating cash flow was 71.93M and capital expenditures 0, giving a free cash flow of 71.93M.
| Operating Cash Flow | 71.93M |
| Capital Expenditures | 0 |
| Free Cash Flow | 71.93M |
| FCF Per Share | 0.35 |
Margins
Gross margin is 72.26%, with operating and profit margins of -0.59% and 1.86%.
| Gross Margin | 72.26% |
| Operating Margin | -0.59% |
| Pretax Margin | 2.07% |
| Profit Margin | 1.86% |
| EBITDA Margin | 7.75% |
| EBIT Margin | -0.59% |
| FCF Margin | 16.39% |
Dividends & Yields
AVDX does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | n/a |
| Earnings Yield | 0.38% |
| FCF Yield | 3.38% |
Analyst Forecast
The average price target for AVDX is $8, which is 7.4% higher than the current price. The consensus rating is "Hold".
| Price Target | $8 |
| Price Target Difference | 7.4% |
| Analyst Consensus | Hold |
| Analyst Count | 14 |
Scores
| Altman Z-Score | 0.44 |
| Piotroski F-Score | 8 |