Technology -
Software - Infrastructure - NASDAQ - US
$ 9.74
-0.365 %
$ 1.99 B
Market Cap
205.0
P/E
INCOME STATEMENT
EFFICIENCY
Earnings Waterfall
AvidXchange Holdings, Inc.
| Revenue | 439 M |
| Cost Of Revenue | 122 M |
| Gross Profit | 317 M |
| Operating Expenses | 320 M |
| Operating Income | -2.58 M |
| Other Expenses | -10.7 M |
| Net Income | 8.14 M |
Income Statement
Millions
| Dec-2024 | Dec-2023 | Dec-2022 | Dec-2021 | Dec-2020 | Dec-2019 | |
|---|---|---|---|---|---|---|
| REVENUE | ||||||
| Revenue | 438.9 | 380.7 | 316.4 | 248.4 | 185.9 | 149.6 |
| GROSS PROFIT | ||||||
| Cost Of Revenue | 121.8 | 121.3 | 117.9 | 100.1 | 83.8 | 71.1 |
| Gross Profit | 317.2 | 259.4 | 198.5 | 148.3 | 102.2 | 78.5 |
| OPERATING INCOME | ||||||
| Operating Expenses | 319.7 | 312.9 | 285.9 | 255.6 | 176.3 | 147.6 |
| Selling, General and Administrative Expenses | 182.1 | 179.4 | 169.1 | 159.8 | 104.3 | 91.7 |
| Research and Development Expenses | 101.1 | 97.6 | 83.9 | 65.1 | 44.5 | 33.6 |
| Operating Income | (2.6) | (51.6) | (87.4) | (107.3) | (74.1) | (69.2) |
| PRE-TAX INCOME | ||||||
| Interest Income Expense | 11.3 | 13.5 | 20.7 | 20.1 | 20.1 | 17.3 |
| Total Other Income | 11.6 | 5.5 | (13.6) | (97.0) | (26.9) | (24.3) |
| Pre-Tax Income | 9.1 | (46.1) | (101.0) | (204.3) | (101.0) | (93.5) |
| NET INCOME | ||||||
| Tax Provision | 0.9 | 1.2 | 0.3 | (4.7) | 0.2 | 60 K |
| Net Income | 8.1 | (47.3) | (101.3) | (199.6) | (101.2) | (93.5) |
| EPS | 0.0395 | 0.23 | 0.51 | 1.01 | 0.52 | 0.48 |