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AVDX

AVDX - AvidXchange Holdings, Inc. Stock Price, Fair Value and News

10.76USD-0.06 (-0.55%)Delayed as of 14 Jun 2024, 11:00 am ET

Market Summary

AVDX
USD10.76-0.06
Delayedas of 14 Jun 2024, 11:00 am
-0.55%

AVDX Alerts

  • 6 major insider sales recently.
  • Big jump in Earnings (Y/Y)
  • Losses in recent quarter

AVDX Stock Price

View Fullscreen

AVDX RSI Chart

AVDX Valuation

Market Cap

2.2B

Price/Earnings (Trailing)

-69.11

Price/Sales (Trailing)

5.6

EV/EBITDA

102.79

Price/Free Cashflow

80.62

AVDX Price/Sales (Trailing)

AVDX Profitability

EBT Margin

-7.78%

Return on Equity

-4.83%

Return on Assets

-1.53%

Free Cashflow Yield

1.24%

AVDX Fundamentals

AVDX Revenue

Revenue (TTM)

399.5M

Rev. Growth (Yr)

21.63%

Rev. Growth (Qtr)

1.47%

AVDX Earnings

Earnings (TTM)

-32.3M

Earnings Growth (Yr)

93.69%

Earnings Growth (Qtr)

77.44%

Breaking Down AVDX Revenue

52 Week Range

8.7412.75
(Low)(High)

Last 7 days

0.8%

Last 30 days

-3.6%

Last 90 days

-12.9%

Trailing 12 Months

-0.8%

How does AVDX drawdown profile look like?

AVDX Financial Health

Current Ratio

1.34

Debt/Equity

0.1

Debt/Cashflow

0.4

AVDX Investor Care

Shares Dilution (1Y)

2.66%

Diluted EPS (TTM)

-0.15

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2024399.5M000
2023332.0M346.6M362.8M380.7M
2022264.4M282.2M299.4M316.4M
2021201.5M217.2M232.8M248.4M
202000167.8M185.9M
2019000149.6M
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Tracking the Latest Insider Buys and Sells of AvidXchange Holdings, Inc.

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Jun 11, 2024
praeger michael
acquired
121,731
4.17
29,192
chief executive officer
Jun 11, 2024
praeger michael
sold
-316,675
10.848
-29,192
chief executive officer
May 23, 2024
cunningham todd alan
sold
-313,289
11.022
-28,424
see remarks
May 20, 2024
praeger michael
sold
-486,117
11.1143
-43,738
chief executive officer
May 16, 2024
wilhite joel
sold
-123,187
11.207
-10,992
see remarks
May 16, 2024
gibson angelic
sold
-81,273
11.207
-7,252
see remarks
May 16, 2024
drees daniel
sold
-137,129
11.207
-12,236
president
May 16, 2024
cunningham todd alan
sold
-35,100
11.207
-3,132
see remarks

1–10 of 50

Which funds bought or sold AVDX recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Jun 07, 2024
SG Capital Management LLC
sold off
-100
-1,975,440
-
-%
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
added
1.04
143,100
2,120,990
-%
May 16, 2024
JANE STREET GROUP, LLC
reduced
-21.52
-247,457
1,233,710
-%
May 15, 2024
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP
new
-
11,291,000
11,291,000
0.01%
May 15, 2024
PAR CAPITAL MANAGEMENT INC
reduced
-7.27
-540,000
33,532,500
1.04%
May 15, 2024
Point72 Asset Management, L.P.
sold off
-100
-6,228,450
-
-%
May 15, 2024
Voya Investment Management LLC
reduced
-17.5
-92,005
647,690
-%
May 15, 2024
Cubist Systematic Strategies, LLC
new
-
5,778,170
5,778,170
0.03%
May 15, 2024
Greenhouse Funds LLLP
added
69.25
26,045,500
58,753,600
3.55%
May 15, 2024
Brevan Howard Capital Management LP
sold off
-100
-230,838
-
-%

1–10 of 44

Are Funds Buying or Selling AVDX?

Are funds buying AVDX calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own AVDX
No. of Funds

Unveiling AvidXchange Holdings, Inc.'s Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
May 30, 2024
senvest management, llc
5.0%
10,384,164
SC 13G
Feb 13, 2024
bain capital venture fund 2014, l.p.
2.2%
4,446,071
SC 13G/A
Feb 13, 2024
vanguard group inc
8.81%
17,890,929
SC 13G/A
Feb 09, 2024
senvest management, llc
4.8%
9,675,695
SC 13G/A
Jan 29, 2024
blackrock inc.
5.7%
11,665,960
SC 13G
Aug 07, 2023
senvest management, llc
5.5%
11,089,340
SC 13G
May 05, 2023
blackrock inc.
4.6%
9,305,585
SC 13G/A
Feb 14, 2023
bain capital venture fund 2014, l.p.
3.6%
7,230,388
SC 13G/A
Feb 14, 2023
caisse de depot et placement du quebec
0%
0
SC 13G/A
Feb 13, 2023
capital research global investors
3.5%
6,999,655
SC 13G/A

Recent SEC filings of AvidXchange Holdings, Inc.

View All Filings
Date Filed Form Type Document
Jun 13, 2024
4
Insider Trading
Jun 11, 2024
144
Notice of Insider Sale Intent
May 30, 2024
SC 13G
Major Ownership Report
May 28, 2024
4
Insider Trading
May 23, 2024
144
Notice of Insider Sale Intent
May 22, 2024
4
Insider Trading
May 20, 2024
144
Notice of Insider Sale Intent
May 17, 2024
4
Insider Trading
May 17, 2024
4
Insider Trading
May 17, 2024
4
Insider Trading

Peers (Alternatives to AvidXchange Holdings, Inc.)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
3.3T
236.6B
5.96% 30.85%
38.07
13.87
13.97% 24.86%
205.5B
19.9B
-3.64% -4.36%
42.81
10.31
10.76% 1.35%
92.8B
3.3B
16.14% 148.59%
704.78
28.25
34.26% 187.06%
38.5B
22.9B
-12.39% -2.06%
87.51
1.68
23.28% 285.17%
13.5B
3.9B
-5.13% -3.96%
21.5
3.47
7.01% 28.42%
MID-CAP
9.8B
2.8B
-2.35% 12.14%
19.75
3.54
0.20% 52.82%
8.0B
619.6M
11.75% 26.82%
835.7
12.92
7.11% 116.83%
6.7B
605.7M
2.56% 16.28%
-35.71
11.11
18.08% 24.38%
3.7B
1.5B
-2.98% 54.76%
25.6
2.53
6.51% 54.77%
2.1B
560.0M
-14.72% -45.39%
-19.25
3.7
14.52% 34.67%
SMALL-CAP
1.2B
1.2B
-5.76% -17.54%
18.41
1.04
3.70% 27.53%
1.0B
254.7M
-12.68% -7.71%
22.43
4.03
-7.51% 2.74%
490.1M
634.3M
-15.15% 36.73%
-16.79
0.77
9.43% -197.31%
14.1M
26.4M
-36.02% -72.26%
-1.22
0.53
212.19% -94.63%
11.0M
15.3M
-15.87% -10.17%
-1.1
0.72
-7.99% -1417.41%

AvidXchange Holdings, Inc. News

Latest updates
MarketBeat6 hours ago
Seeking Alpha31 May 202410:42 am
Zacks Investment Research20 May 202407:00 am

AvidXchange Holdings, Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
Income Statement (Quarterly)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32019Q4
Revenue1.5%105,598,000104,064,00098,680,00091,154,00086,822,00086,175,00082,411,00076,561,00071,203,00069,265,00065,176,00058,754,00055,214,00051,407,00047,600,000-
Operating Expenses-0.1%79,374,00079,492,00077,542,00081,410,00074,470,00078,672,00074,645,00068,830,00063,717,000101,246,00055,518,00051,604,00048,685,000-40,128,000-
  S&GA Expenses6.3%19,741,00018,577,00018,735,00020,076,00020,135,00019,805,00020,241,00020,448,00017,239,00019,763,00016,118,00014,547,00013,511,000-11,763,000-
  R&D Expenses3.9%25,904,00024,939,00024,754,00024,740,00023,122,00021,729,00021,997,00020,107,00020,072,00021,922,00015,672,00013,620,00013,933,000-11,055,000-
EBITDA Margin450.9%0.050.01-0.05-0.10-0.12-0.15-0.33-0.39-0.41-0.62-0.23-0.25-0.27-0.29--
Interest Expenses-2.2%3,337,0003,413,0003,428,0003,363,0003,315,0005,488,0005,209,0005,075,0004,977,0005,123,0004,874,0005,086,0005,025,000-5,039,000-
Income Taxes-85.4%125,000856,000134,000135,00070,000114,00069,00069,00069,000-4,863,0002,000133,00068,000-58,000-
Earnings Before Taxes75.6%-884,000-3,617,000-7,957,000-18,636,000-15,920,000-24,915,000-25,302,000-25,668,000-25,078,000-76,960,000-35,525,000-21,866,000-69,958,000--17,926,000-
EBT Margin35.8%-0.08-0.12-0.19-0.24-0.28-0.32-0.51-0.58-0.60-0.82-0.43-0.47-0.50-0.54--
Net Income77.4%-1,009,000-4,473,000-8,091,000-18,771,000-15,990,000-25,029,000-25,371,000-25,737,000-25,147,000-72,097,000-35,527,000-21,999,000-70,026,000-32,622,000-17,984,000-
Net Income Margin34.9%-0.08-0.12-0.19-0.25-0.28-0.32-0.50-0.56-0.59-0.80-0.69-0.66-0.72-0.54--
Free Cashflow-132.7%-6,352,00019,442,0005,655,0008,983,000-25,629,0001,163,000875,000-5,425,000-25,314,000-27,352,000-222,000-21,149,000-19,944,000---
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32020Q4
Assets-14.7%2,1192,4842,1212,0871,9502,2121,9132,0121,9322,2661,459727
  Current Assets-17.2%1,7382,0991,7311,6931,5511,8081,5021,5991,5161,8581,076432
    Cash Equivalents-15.6%344407340337368351411363295563151252
  Net PPE-0.9%10010110110210310410510610610683.0087.00
  Goodwill0%166166166166166166166166166166161106
Liabilities-20.7%1,4491,8271,4721,4431,3001,5551,2401,3241,2271,5431,182405
  Current Liabilities-22.5%1,2961,6731,3131,2811,1371,3911,0291,1121,0161,332960213
  Long Term Debt-0.5%69.0070.0075.0075.0076.0076.0012312312112010298.00
    LT Debt, Current0%6.006.006.006.006.006.005.005.005.005.001.001.00
    LT Debt, Non Current-0.5%69.0070.0075.0075.0076.0076.00123123121120-98.00
Shareholder's Equity2.0%670656648645651657671688704723--
  Retained Earnings-0.1%-1,023-1,022-1,017-1,009-990-974-948-923-897-871-799-672
  Additional Paid-In Capital0.8%1,6931,6781,6661,6541,6411,6321,6211,6121,6021,595230161
Shares Outstanding1.1%20620420320220019919819819785.0055.00-
Float----1,649---976----
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32019Q4
Cashflow From Operations-132.7%-6,35219,4425,6558,983-25,6291,163875-5,425-25,314-27,352-222-21,149-19,944---
  Share Based Compensation13.3%10,9599,67511,22911,0218,9318,0718,7188,2586,79113,1001,1571,105847---
Cashflow From Investing-215.1%-59,54751,720-3,278-40,68044,184-15,68946,73072,297-243,686-19,869-54,106-6,034-4,098---
Cashflow From Financing-202.1%-355,612348,32036,732139,375-233,581310,089-95,99793,446-309,265830,667192,286156,113388,793---
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AVDX Income Statement

2024-03-31
Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]  
Revenues$ 105,598$ 86,822
Cost of revenues (exclusive of depreciation and amortization expense)30,33329,473
Operating expenses  
Sales and marketing19,74120,135
Research and development25,90423,122
General and administrative24,26022,627
Impairment and write-off of intangible assets162 
Depreciation and amortization9,3078,586
Total operating expenses79,37474,470
Loss from operations(4,109)(17,121)
Other income (expense)  
Interest income6,5624,516
Interest expense(3,337)(3,315)
Other income3,2251,201
Loss before income taxes(884)(15,920)
Income tax expense12570
Net loss$ (1,009)$ (15,990)
Net loss per share attributable to common stockholders, basic$ (0)$ (0.08)
Net loss per share attributable to common stockholders, diluted$ (0)$ (0.08)
Weighted average number of common shares used to compute net loss per share attributable to common stockholders, basic204,896,718199,900,920
Weighted average number of common shares used to compute net loss per share attributable to common stockholders, diluted204,896,718199,900,920

AVDX Balance Sheet

2024-03-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets  
Cash and cash equivalents$ 343,660$ 406,974
Restricted funds held for customers1,220,4591,578,656
Marketable securities99,88844,645
Accounts receivable, net of allowances of $4,271 and $4,231, respectively48,87746,689
Supplier advances receivable, net of allowances of $1,291 and $1,333 respectively9,9679,744
Prepaid expenses and other current assets15,32212,070
Total current assets1,738,1732,098,778
Property and equipment, net100,114100,985
Operating lease right-of-use assets1,5851,628
Deferred customer origination costs, net27,21627,663
Goodwill165,921165,921
Intangible assets, net80,85284,805
Other noncurrent assets and deposits4,6423,957
Total assets2,118,5032,483,737
Current liabilities  
Accounts payable15,43316,777
Accrued expenses39,55856,367
Payment service obligations1,220,4591,578,656
Deferred revenue12,45512,851
Current maturities of lease obligations under finance leases251275
Current maturities of lease obligations under operating leases1,6911,525
Current maturities of long-term debt6,4256,425
Total current liabilities1,296,2721,672,876
Long-term liabilities  
Deferred revenue, less current portion13,80814,742
Obligations under finance leases, less current maturities62,59562,464
Obligations under operating leases, less current maturities2,9093,275
Long-term debt69,42269,760
Other long-term liabilities3,9344,175
Total liabilities1,448,9401,827,292
Commitments and contingencies
Stockholders' equity  
Preferred stock, $0.001 par value; 50,000,000 shares authorized, no shares issued and outstanding as of March 31, 2024 and December 31, 2023
Common stock, $0.001 par value; 1,600,000,000 shares authorized as of March 31, 2024 and December 31, 2023; 206,315,368 and 204,084,024 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively206204
Additional paid-in capital1,692,5261,678,401
Accumulated deficit(1,023,169)(1,022,160)
Total stockholders' equity669,563656,445
Total liabilities and stockholders' equity$ 2,118,503$ 2,483,737
AVDX
AvidXchange Holdings, Inc. provides accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers in North America. The company offers AP automation software, a SaaS-based solution that automates and digitizes capture, review, approval, and payment of invoices for buyers; the AvidPay network that connects two-sided payments with buyers and suppliers; and Cashflow manager that provides cash management solutions. Its platform offers electronic invoice capture, workflow routing, and automated payments solutions. The company markets its solutions through direct salesforces; strategic channel partnerships; and software and technology business partners. It serves real estate, homeowners associations, construction, financial services, healthcare facilities, social services, education, and media sectors. The company was incorporated in 2000 and is headquartered in Charlotte, North Carolina.
 CEO
 WEBSITEavidxchange.com
 INDUSTRYSoftware - Infra
 EMPLOYEES1600

AvidXchange Holdings, Inc. Frequently Asked Questions


What is the ticker symbol for AvidXchange Holdings, Inc.? What does AVDX stand for in stocks?

AVDX is the stock ticker symbol of AvidXchange Holdings, Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of AvidXchange Holdings, Inc. (AVDX)?

As of Thu Jun 13 2024, market cap of AvidXchange Holdings, Inc. is 2.24 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of AVDX stock?

You can check AVDX's fair value in chart for subscribers.

What is the fair value of AVDX stock?

You can check AVDX's fair value in chart for subscribers. The fair value of AvidXchange Holdings, Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of AvidXchange Holdings, Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for AVDX so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is AvidXchange Holdings, Inc. a good stock to buy?

The fair value guage provides a quick view whether AVDX is over valued or under valued. Whether AvidXchange Holdings, Inc. is cheap or expensive depends on the assumptions which impact AvidXchange Holdings, Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for AVDX.

What is AvidXchange Holdings, Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Jun 13 2024, AVDX's PE ratio (Price to Earnings) is -69.11 and Price to Sales (PS) ratio is 5.6. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. AVDX PE ratio will change depending on the future growth rate expectations of investors.