AVDX RSI Chart
Last 7 days
-4.9%
Last 30 days
-6.8%
Last 90 days
-6.5%
Trailing 12 Months
36.7%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 399.5M | 0 | 0 | 0 |
2023 | 332.0M | 346.6M | 362.8M | 380.7M |
2022 | 264.4M | 282.2M | 299.4M | 316.4M |
2021 | 201.5M | 217.2M | 232.8M | 248.4M |
2020 | 0 | 0 | 167.8M | 185.9M |
2019 | 0 | 0 | 0 | 149.6M |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Mar 20, 2024 | drees daniel | sold | -229,142 | 13.0165 | -17,604 | president |
Mar 18, 2024 | stahl ryan | sold | -52,417 | 12.43 | -4,217 | see remarks |
Mar 15, 2024 | stahl ryan | sold | -386,083 | 12.3685 | -31,215 | see remarks |
Mar 15, 2024 | wilhite joel | sold | -1,672,020 | 12.28 | -136,158 | see remarks |
Mar 15, 2024 | drees daniel | sold | -160,535 | 12.3698 | -12,978 | president |
Mar 14, 2024 | praeger michael | acquired | 194,706 | 4.17 | 46,692 | chief executive officer |
Mar 14, 2024 | praeger michael | sold | -586,031 | 12.551 | -46,692 | chief executive officer |
Mar 12, 2024 | gibson angelic | sold | -520,000 | 13.00 | -40,000 | see remarks |
Mar 08, 2024 | cunningham todd alan | acquired | 14,518 | 0.27 | 53,772 | see remarks |
Mar 08, 2024 | praeger michael | sold | -1,348,620 | 12.797 | -105,386 | chief executive officer |
Which funds bought or sold AVDX recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 08, 2024 | Calamos Advisors LLC | sold off | -100 | -1,875,340 | - | -% |
May 08, 2024 | Bell Investment Advisors, Inc | sold off | -100 | -620 | - | -% |
May 08, 2024 | Hapanowicz & Associates Financial Services, Inc | unchanged | - | 149,653 | 2,589,390 | 1.48% |
May 08, 2024 | US BANCORP \DE\ | added | 714 | 4,454 | 5,036 | -% |
May 08, 2024 | Russell Investments Group, Ltd. | reduced | -96.9 | -2,804,450 | 95,561 | -% |
May 08, 2024 | BAILARD, INC. | added | 18.89 | 191,817 | 924,314 | 0.03% |
May 08, 2024 | STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM | reduced | -62.32 | -403,088 | 125,346 | -% |
May 08, 2024 | ProShare Advisors LLC | added | 9.69 | 50,308 | 356,825 | -% |
May 07, 2024 | TimesSquare Capital Management, LLC | added | 6.77 | 3,047,000 | 25,917,000 | 0.38% |
May 07, 2024 | Arizona State Retirement System | added | 5.38 | 62,219 | 587,332 | -% |
Unveiling AvidXchange Holdings, Inc.'s Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to AvidXchange Holdings, Inc.)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
MSFT | 3.1T | 236.6B | 35.56 | 12.95 | ||||
ADBE | 216.1B | 19.9B | 45.02 | 10.84 | ||||
CRWD | 75.9B | 3.1B | 849.48 | 24.83 | ||||
SQ | 45.1B | 22.9B | 90.57 | 1.97 | ||||
AKAM | 15.6B | 3.9B | 24.97 | 4.02 | ||||
FFIV | 10.0B | 2.8B | 20.11 | 3.6 | ||||
MID-CAP | ||||||||
ALTR | 7.1B | 619.6M | 737.94 | 11.41 | ||||
HCP | 6.4B | 583.1M | -33.31 | 10.89 | ||||
ACIW | 3.8B | 1.5B | 26.1 | 2.58 | ||||
APPN | 2.3B | 560.0M | -21.57 | 4.14 | ||||
SMALL-CAP | ||||||||
CSGS | 1.3B | 1.2B | 20.15 | 1.11 | ||||
ATEN | 1.2B | 254.7M | 25.23 | 4.53 | ||||
BAND | 569.6M | 634.3M | -19.52 | 0.9 | ||||
DTSS | 18.8M | 7.0M | -2.18 | 2.91 | ||||
BLIN | 13.4M | 15.6M | -1.35 | 0.86 |
AvidXchange Holdings, Inc. News
Income Statement (Quarterly) | |||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2019Q4 |
Revenue | 1.5% | 105,598,000 | 104,064,000 | 98,680,000 | 91,154,000 | 86,822,000 | 86,175,000 | 82,411,000 | 76,561,000 | 71,203,000 | 69,265,000 | 65,176,000 | 58,754,000 | 55,214,000 | 51,407,000 | 47,600,000 | - |
Operating Expenses | -0.1% | 79,374,000 | 79,492,000 | 77,542,000 | 81,410,000 | 74,470,000 | 78,672,000 | 74,645,000 | 68,830,000 | 63,717,000 | 101,246,000 | 55,518,000 | 51,604,000 | 48,685,000 | - | 40,128,000 | - |
S&GA Expenses | 6.3% | 19,741,000 | 18,577,000 | 18,735,000 | 20,076,000 | 20,135,000 | 19,805,000 | 20,241,000 | 20,448,000 | 17,239,000 | 19,763,000 | 16,118,000 | 14,547,000 | 13,511,000 | - | 11,763,000 | - |
R&D Expenses | 3.9% | 25,904,000 | 24,939,000 | 24,754,000 | 24,740,000 | 23,122,000 | 21,729,000 | 21,997,000 | 20,107,000 | 20,072,000 | 21,922,000 | 15,672,000 | 13,620,000 | 13,933,000 | - | 11,055,000 | - |
EBITDA Margin | 450.9% | 0.05 | 0.01 | -0.05 | -0.10 | -0.12 | -0.15 | -0.33 | -0.39 | -0.41 | -0.62 | -0.23 | -0.25 | -0.27 | - | - | - |
Interest Expenses | -2.2% | 3,337,000 | 3,413,000 | 3,428,000 | 3,363,000 | 3,315,000 | 5,488,000 | 5,209,000 | 5,075,000 | 4,977,000 | 5,123,000 | 4,874,000 | 5,086,000 | 5,025,000 | - | 5,039,000 | - |
Income Taxes | -85.4% | 125,000 | 856,000 | 134,000 | 135,000 | 70,000 | 114,000 | 69,000 | 69,000 | 69,000 | -4,863,000 | 2,000 | 133,000 | 68,000 | - | 58,000 | - |
Earnings Before Taxes | 75.6% | -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 Margin | 35.8% | -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 | - | - | - |
Net Income | 77.4% | -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 Margin | 34.9% | -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 | - | - | - |
Free Cashflow | -132.7% | -6,352,000 | 19,442,000 | 5,655,000 | 8,983,000 | -25,629,000 | 1,163,000 | 875,000 | -5,425,000 | -25,314,000 | -27,352,000 | -222,000 | -21,149,000 | -19,944,000 | - | - | - |
Balance Sheet | |||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2020Q4 |
Assets | -14.7% | 2,119 | 2,484 | 2,121 | 2,087 | 1,950 | 2,212 | 1,913 | 2,012 | 1,932 | 2,266 | 1,459 | 727 |
Current Assets | -17.2% | 1,738 | 2,099 | 1,731 | 1,693 | 1,551 | 1,808 | 1,502 | 1,599 | 1,516 | 1,858 | 1,076 | 432 |
Cash Equivalents | -15.6% | 344 | 407 | 340 | 337 | 368 | 351 | 411 | 363 | 295 | 563 | 151 | 252 |
Net PPE | -0.9% | 100 | 101 | 101 | 102 | 103 | 104 | 105 | 106 | 106 | 106 | 83.00 | 87.00 |
Goodwill | 0% | 166 | 166 | 166 | 166 | 166 | 166 | 166 | 166 | 166 | 166 | 161 | 106 |
Liabilities | -20.7% | 1,449 | 1,827 | 1,472 | 1,443 | 1,300 | 1,555 | 1,240 | 1,324 | 1,227 | 1,543 | 1,182 | 405 |
Current Liabilities | -22.5% | 1,296 | 1,673 | 1,313 | 1,281 | 1,137 | 1,391 | 1,029 | 1,112 | 1,016 | 1,332 | 960 | 213 |
Long Term Debt | -0.5% | 69.00 | 70.00 | 75.00 | 75.00 | 76.00 | 76.00 | 123 | 123 | 121 | 120 | 102 | 98.00 |
LT Debt, Current | 0% | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 5.00 | 5.00 | 5.00 | 5.00 | 1.00 | 1.00 |
LT Debt, Non Current | -100.0% | - | 70.00 | 75.00 | 75.00 | 76.00 | 76.00 | 123 | 123 | 121 | 120 | - | 98.00 |
Shareholder's Equity | 2.0% | 670 | 656 | 648 | 645 | 651 | 657 | 671 | 688 | 704 | 723 | - | - |
Retained Earnings | -0.1% | -1,023 | -1,022 | -1,017 | -1,009 | -990 | -974 | -948 | -923 | -897 | -871 | -799 | -672 |
Additional Paid-In Capital | 0.8% | 1,693 | 1,678 | 1,666 | 1,654 | 1,641 | 1,632 | 1,621 | 1,612 | 1,602 | 1,595 | 230 | 161 |
Shares Outstanding | 1.1% | 206 | 204 | 203 | 202 | 201 | 199 | 198 | 197 | 197 | 85.00 | 55.00 | - |
Float | - | - | - | - | 1,649 | - | - | - | 976 | - | - | - | - |
Cashflow (Quarterly) | |||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2019Q4 |
Cashflow From Operations | -132.7% | -6,352 | 19,442 | 5,655 | 8,983 | -25,629 | 1,163 | 875 | -5,425 | -25,314 | -27,352 | -222 | -21,149 | -19,944 | - | - | - |
Share Based Compensation | 13.3% | 10,959 | 9,675 | 11,229 | 11,021 | 8,931 | 8,071 | 8,718 | 8,258 | 6,791 | 13,100 | 1,157 | 1,105 | 847 | - | - | - |
Cashflow From Investing | -215.1% | -59,547 | 51,720 | -3,278 | -40,680 | 44,184 | -15,689 | 46,730 | 72,297 | -243,686 | -19,869 | -54,106 | -6,034 | -4,098 | - | - | - |
Cashflow From Financing | -202.1% | -355,612 | 348,320 | 36,732 | 139,375 | -233,581 | 310,089 | -95,997 | 93,446 | -309,265 | 830,667 | 192,286 | 156,113 | 388,793 | - | - | - |
Consolidated Statements of Operations - USD ($) $ in Thousands | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Income Statement [Abstract] | |||
Revenues | $ 380,720 | $ 316,350 | $ 248,409 |
Cost of revenues (exclusive of depreciation and amortization expense) | 121,307 | 117,864 | 100,090 |
Operating expenses | |||
Sales and marketing | 77,523 | 77,733 | 63,939 |
Research and development | 97,555 | 83,905 | 65,147 |
General and administrative | 101,924 | 91,384 | 95,817 |
Impairment and write-off of intangible assets | 1,412 | ||
Depreciation and amortization | 35,912 | 32,842 | 30,738 |
Total operating expenses | 312,914 | 285,864 | 257,053 |
Loss from operations | (53,501) | (87,378) | (108,734) |
Other income (expense) | |||
Interest income | 20,890 | 7,164 | 661 |
Interest expense | (13,519) | (20,749) | (20,108) |
Change in fair value of derivative instrument | (26,128) | ||
Charge for amending financing advisory engagement letter - related party | (50,000) | ||
Other income (expenses) | 7,371 | (13,585) | (95,575) |
Loss before income taxes | (46,130) | (100,963) | (204,309) |
Income tax expense (benefit) | 1,195 | 321 | (4,660) |
Net loss | (47,325) | (101,284) | (199,649) |
Deemed dividend on preferred stock | (9,500) | ||
Accretion of convertible preferred stock | (15,141) | ||
Net loss attributable to common stockholders | $ (47,325) | $ (101,284) | $ (224,290) |
Net loss per share attributable to common stockholders, basic | $ (0.23) | $ (0.51) | $ (2.64) |
Net loss per share attributable to common stockholders, diluted | $ (0.23) | $ (0.51) | $ (2.64) |
Weighted average number of common shares used to compute net loss per share attributable to common stockholders, basic | 201,887,669 | 198,045,805 | 85,061,417 |
Weighted average number of common shares used to compute net loss per share attributable to common stockholders, diluted | 201,887,669 | 198,045,805 | 85,061,417 |
Consolidated Balance Sheets - USD ($) $ in Thousands | Dec. 31, 2023 | Dec. 31, 2022 |
---|---|---|
Current assets | ||
Cash and cash equivalents | $ 406,974 | $ 350,563 |
Restricted funds held for customers | 1,578,656 | 1,283,824 |
Marketable securities | 44,645 | 110,986 |
Accounts receivable, net of allowances of $4,231 and $3,123, respectively | 46,689 | 39,668 |
Supplier advances receivable, net of allowances of $1,333 and $1,872, respectively | 9,744 | 10,016 |
Prepaid expenses and other current assets | 12,070 | 12,561 |
Total current assets | 2,098,778 | 1,807,618 |
Property and equipment, net | 100,985 | 103,892 |
Operating lease right-of-use assets | 1,628 | 2,343 |
Deferred customer origination costs, net | 27,663 | 28,284 |
Goodwill | 165,921 | 165,921 |
Intangible assets, net | 84,805 | 98,749 |
Other noncurrent assets and deposits | 3,957 | 5,189 |
Total assets | 2,483,737 | 2,211,996 |
Current liabilities | ||
Accounts payable | 16,777 | 13,453 |
Accrued expenses | 56,367 | 73,535 |
Payment service obligations | 1,578,656 | 1,283,824 |
Deferred revenue | 12,851 | 12,063 |
Current maturities of lease obligations under finance leases | 275 | 477 |
Current maturities of lease obligations under operating leases | 1,525 | 1,380 |
Current maturities of long-term debt | 6,425 | 6,425 |
Total current liabilities | 1,672,876 | 1,391,157 |
Long-term liabilities | ||
Deferred revenue, less current | 14,742 | 17,487 |
Contingent consideration, less current portion | 70 | |
Obligations under finance leases, less current maturities | 62,464 | 61,974 |
Obligations under operating leases, less current maturities | 3,275 | 4,657 |
Long-term debt | 69,760 | 75,912 |
Other long-term liabilities | 4,175 | 3,295 |
Total liabilities | 1,827,292 | 1,554,552 |
Commitments and contingencies | ||
Stockholders' deficit | ||
Preferred stock, $0.001 par value; 50,000,000 shares authorized, no shares issued and outstanding as of December 31, 2023 and 2022 | ||
Common stock, $0.001 par value; 1,600,000,000 shares authorized as of December 31, 2023 and 2022; 204,084,024 and 199,433,998 shares issued and outstanding as of December 31, 2023 and 2022, respectively | 204 | 199 |
Additional paid-in capital | 1,678,401 | 1,632,080 |
Accumulated deficit | (1,022,160) | (974,835) |
Total stockholders' equity | 656,445 | 657,444 |
Total liabilities and stockholders' equity | $ 2,483,737 | $ 2,211,996 |
 | Mr. Michael Praeger |
---|---|
 | avidxchange.com |
 | Software - Infra |
 | 1600 |