AvidXchange Holdings, Inc. (AVDX)

USD 10.64

(-4.83%)

Annual Income Statements

(In USD)
Breakdown 2023 2022 2021 2020 2019
Revenue 380.72 Million 316.35 Million 248.4 Million 185.92 Million 149.58 Million
Cost of Revenue 121.3 Million 117.86 Million 100.09 Million 83.75 Million 71.13 Million
Gross Profit 259.41 Million 198.48 Million 148.31 Million 102.17 Million 78.45 Million
Operating Expenses 312.91 Million 285.86 Million 255.64 Million 176.31 Million 147.61 Million
Selling, General and Administrative Expenses 179.44 Million 169.11 Million 159.75 Million 104.3 Million 91.68 Million
Research and Development Expenses 97.55 Million 83.9 Million 65.14 Million 44.5 Million 33.59 Million
Other Expenses - 32.84 Million 30.73 Million 27.51 Million 22.34 Million
Cost and Expenses 434.22 Million 403.72 Million 355.73 Million 260.07 Million 218.74 Million
Operating Income -51.62 Million -87.37 Million -107.32 Million -74.14 Million -69.16 Million
Interest Expense 13.51 Million 20.74 Million 20.1 Million 20.08 Million 17.25 Million
Income Tax Expense 1.19 Million 321 Thousand -4.66 Million 234.4 Thousand 60 Thousand
Earnings before Tax -46.13 Million -100.96 Million -204.3 Million -101.01 Million -93.48 Million
Net Income -47.32 Million -101.28 Million -199.64 Million -101.24 Million -93.54 Million
Earnings Per Share Basic -0.23 -0.51 -1.01 -0.52 -0.48
Earnings Per Share Diluted -0.23 -0.51 -1.01 -0.52 -0.48
Weighted Average Shares Outstanding 201.88 Million 198.04 Million 196.8 Million 196.21 Million 196.21 Million
Weighted Average Shares Outstanding (Diluted) 201.88 Million 198.04 Million 196.8 Million 196.21 Million 196.21 Million
Gross Margin 0.68 0.63 0.60 0.55 0.52
EBIT Margin 0.01 -0.15 -0.51 -0.24 -0.30
Profit Margin -0.12 -0.32 -0.80 -0.54 -0.63
EBITDA 3.3 Million -47.37 Million -153.46 Million -53.41 Million -53.88 Million
Earnings Before Tax Margin -0.14 -0.28 -0.43 -0.40 -0.46

Income Statement Charts