Financials in USD. Standardized financial statements.
A compact view of how AvidXchange Holdings, Inc. turns revenue into operating income and net income.
| Metric | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| Revenue? | $438.94M | $380.72M | $316.35M | $248.41M | $185.93M | $149.58M |
| Revenue Growth? | +15.3% | +20.3% | +27.4% | +33.6% | +24.3% | 0.0% |
| 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 |
| Gross Margin? | +72.3% | +68.1% | +62.7% | +59.7% | +55.0% | +52.4% |
| Operating Expenses? | $319.74M | $312.91M | $285.86M | $255.64M | $176.32M | $147.62M |
| Operating Income? | -$2.58M | -$53.50M | -$87.38M | -$107.32M | -$74.15M | -$69.16M |
| EBITDA? | $34.02M | $3.30M | -$47.37M | -$153.46M | -$53.42M | -$53.89M |
| Income Before Tax | $9.07M | -$46.13M | -$100.96M | -$204.31M | -$101.01M | -$93.49M |
| Income Tax Expense | $921,000 | $1.20M | $321,000 | -$4.66M | $234,406 | $60,000 |
| Net Income? | $8.14M | -$47.33M | -$101.28M | -$199.65M | -$101.25M | -$93.55M |
| EPS? | $0.04 | $-0.23 | $-0.51 | $-1.14 | $-0.85 | $-2.12 |
| Diluted EPS? | $0.04 | $-0.23 | $-0.51 | $-1.14 | $-0.85 | $-2.12 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality