AVDX
Income statement / Annual
Last year (2024), AvidXchange Holdings, Inc.'s total revenue was $438.94 M,
an increase of 15.29% from the previous year.
In 2024, AvidXchange Holdings, Inc.'s net income was $8.15 M.
See AvidXchange Holdings, Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
| Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
| Operating Revenue |
$438.94 M |
$380.72 M |
$316.35 M |
$248.41 M |
$185.93 M |
$149.58 M |
| Cost of Revenue |
$121.78 M
|
$121.31 M
|
$117.86 M
|
$100.09 M
|
$83.75 M
|
$71.13 M
|
| Gross Profit |
$317.16 M
|
$259.41 M
|
$198.49 M
|
$148.32 M
|
$102.17 M
|
$78.45 M
|
| Gross Profit Ratio |
0.72
|
0.68
|
0.63
|
0.6
|
0.55
|
0.52
|
| Research and Development Expenses |
$101.11 M
|
$97.56 M
|
$83.91 M
|
$65.15 M
|
$44.50 M
|
$33.59 M
|
| General & Administrative Expenses |
$99.53 M
|
$101.92 M
|
$91.38 M
|
$95.82 M
|
$56.40 M
|
$52.10 M
|
| Selling & Marketing Expenses |
$82.53 M
|
$77.52 M
|
$77.73 M
|
$63.94 M
|
$47.91 M
|
$39.58 M
|
| Selling, General & Administrative Expenses |
$182.06 M
|
$179.45 M
|
$169.12 M
|
$159.76 M
|
$104.31 M
|
$91.68 M
|
| Other Expenses |
$36.57 M
|
$0.00
|
$32.84 M
|
$30.74 M
|
$27.51 M
|
$22.34 M
|
| Operating Expenses |
$319.74 M
|
$312.91 M
|
$285.86 M
|
$255.64 M
|
$176.32 M
|
$147.62 M
|
| Cost And Expenses |
$441.52 M
|
$434.22 M
|
$403.73 M
|
$355.73 M
|
$260.07 M
|
$218.75 M
|
| Interest Income |
$22.97 M
|
$20.89 M
|
$7.16 M
|
$661,000.00
|
$1.68 M
|
$1.38 M
|
| Interest Expense |
$11.33 M
|
$13.52 M
|
$20.75 M
|
$20.11 M
|
$20.08 M
|
$17.26 M
|
| Depreciation & Amortization |
$36.28 M
|
$35.91 M
|
$32.84 M
|
$30.74 M
|
$27.51 M
|
$22.34 M
|
| EBITDA |
$34.02 M |
$3.30 M |
-$47.37 M |
-$153.46 M |
-$53.42 M |
-$53.89 M |
| EBITDA Ratio |
0.08
|
0.01
|
-0.15
|
-0.51
|
-0.24
|
-0.3
|
| Operating Income Ratio |
-0.01
|
-0.14
|
-0.28
|
-0.43
|
-0.4
|
-0.46
|
| Total Other Income/Expenses Net |
$11.64 M
|
$5.49 M
|
-$13.59 M
|
-$96.99 M
|
-$26.87 M
|
-$24.32 M
|
| Income Before Tax |
$9.07 M
|
-$46.13 M
|
-$100.96 M
|
-$204.31 M
|
-$101.01 M
|
-$93.49 M
|
| Income Before Tax Ratio |
0.02
|
-0.12
|
-0.32
|
-0.82
|
-0.54
|
-0.62
|
| Income Tax Expense |
$921,000.00
|
$1.20 M
|
$321,000.00
|
-$4.66 M
|
$234,406.00
|
$60,000.00
|
| Net Income |
$8.15 M
|
-$47.33 M
|
-$101.28 M
|
-$199.65 M
|
-$101.25 M
|
-$93.55 M
|
| Net Income Ratio |
0.02
|
-0.12
|
-0.32
|
-0.8
|
-0.54
|
-0.63
|
| EPS |
0.0395 |
-0.23 |
-0.51 |
-1.01 |
-0.52 |
-0.48 |
| EPS Diluted |
0.0389 |
-0.23 |
-0.51 |
-1.01 |
-0.52 |
-0.48 |
| Weighted Average Shares Out |
$206.10 M
|
$201.89 M
|
$198.05 M
|
$196.80 M
|
$196.21 M
|
$196.21 M
|
| Weighted Average Shares Out Diluted |
$209.16 M
|
$201.89 M
|
$198.05 M
|
$196.80 M
|
$196.21 M
|
$196.21 M
|
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