AvidXchange Holdings, Inc. (AVDX)

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Company Performance

Current Price

as of Sep 17, 2024

$7.44

P/E Ratio

N/A

Market Cap

$1.55B

Description

AvidXchange Holdings, Inc. engages in the provision of accounts payable automation software and payment solutions. Its cloud-based software and payment platform digitizes and automates the AP workflows for middle market businesses and their suppliers. The firm provides solutions and services throughout North America spanning multiple industries including real estate, homeowner's associations, construction, financial services, healthcare facilities, social services, education, and media. The company was founded by Michael S. Praeger in 2000 and is headquartered in Charlotte, NC.

Metrics

Overview

  • HQCharlotte, NC
  • SectorTechnology Services
  • IndustryPackaged Software
  • TickerAVDX
  • Price$7.44-1.85%

Trading Information

  • Market Cap$1.55B
  • Float76.88%
  • Average Daily Volume (1m)1,894,331
  • Average Daily Volume (3m)2,586,948
  • EPS-$0.06

Company

  • Revenue$413.47M
  • Rev Growth (1yr)15.33%
  • Net Income$0.44M
  • Gross Margin62.30%
  • EBITDA Margin6.76%
  • EBITDA$7.11M
  • EV$2.21B
  • EV/Revenue5.36
  • P/EN/A
  • P/S3.79