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Asset logo for symbol AVDX
AvidXchange Holdings
AVDX73
$12.41arrow_drop_up1.30%$0.16
High Growth
Asset logo for symbol AVDX
AVDX73

$12.41

arrow_drop_up1.30%

Income Statement (AVDX)

itemMar 2024Dec 2023Sep 2023Jun 2023Mar 2023
EBIT-$3.94M-$4.97M-$4.52M-$15.27M-$17.12M
EBITDA$5.36M$4.42M$4.52M-$6.39M-$4.01M
gross Profit$65.95M$63.82M$67.91M$60.93M$57.34M
NET Income-$1.00M-$4.47M-$8.09M-$18.77M-$15.99M
total Revenue$105.59M$104.06M$98.68M$91.15M$86.82M

Balance Sheet (AVDX)

itemMar 2024Dec 2023Sep 2023Jun 2023Mar 2023
cash Equivalents-----
net Debt-$200.36M-$263.25M-$190.74M-$187.45M-$217.67M
stockholders Equity$669.56M$656.44M$648.40M$644.51M$650.75M
total Assets$2.11B$2.48B$2.12B$2.08B$1.95B
total Debt$143.29M$143.72M$149.18M$149.88M$150.51M
total Liabilities$1.44B$1.82B$1.47B$1.44B$1.29B

Cash Flow (AVDX)

itemMar 2024Dec 2023Sep 2023Jun 2023Mar 2023
financing Cash Flow-$355.61M$347.57M$36.73M$139.37M-$233.58M
free Cash Flow-$10.91M$14.78M$1.01M$4.91M-$29.81M
investing Cash Flow----$44.18M
operating Cash Flow-$6.35M$20.18M$5.65M$8.98M-$25.62M

AvidXchange Holdings (AVDX) Financials

The income statement for AvidXchange Holdings, Inc. (AVDX) provides a detailed overview of the company's financial performance. It shows the revenues, expenses, and net income generated during a specific period. This statement helps investors and analysts assess the company's profitability and efficiency.

One significant aspect of the income statement is the EBIT (Earnings Before Interest and Taxes). It represents the company's operating profit before considering interest expenses and income taxes. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) is another important metric that provides insight into a company's operating performance without accounting for non-cash expenses like depreciation and amortization.

The gross profit of AvidXchange Holdings, Inc. (AVDX) indicates the amount of money left after subtracting the direct costs of producing goods or services from the total revenue. It demonstrates the company's ability to generate revenue above its production costs. Net income from stockholders represents the profit remaining for stockholders after deducting all expenses, taxes, and dividends.

Total revenue reflects the overall amount of money generated by AvidXchange Holdings, Inc. It includes sales, services, and other sources of income. Looking at the balance sheet, we can see the company's assets, liabilities, and stockholders' equity. Total assets represent the company's resources, while total liabilities reflect its obligations and debts.

Cash equivalents on the balance sheet refer to highly liquid investments that can be easily converted into cash. Net debt indicates the company's total borrowings, including long-term debt and subtracting the cash and cash equivalents. Stockholders' equity represents the company's net worth and is calculated by subtracting total liabilities from total assets.

Analyzing the cash flow statement of AvidXchange Holdings, Inc. provides insights into the company's cash inflows and outflows. The statement categorizes cash flows into operating, financing, and investing activities. Operating cash flow represents the money generated or used in core business operations. Financing cash flow reflects the company's cash flows related to borrowing, issuing stock, or paying dividends. Investing cash flow accounts for the purchase or sale of assets, such as equipment or investments.

Lastly, free cash flow measures the cash generated by AvidXchange Holdings, Inc. that is available for distribution to investors or for reinvestment. It is calculated by subtracting capital expenditures from operating cash flow. This metric indicates the company's ability to generate excess cash and is often used to assess its financial flexibility and potential for growth.

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