This company has been acquired
AvidXchange Holdings Management
Management criteria checks 2/4
AvidXchange Holdings' CEO is Mike Praeger, appointed in Apr 2000, has a tenure of 25.5 years. total yearly compensation is $7.70M, comprised of 6.8% salary and 93.2% bonuses, including company stock and options. directly owns 6.6% of the company’s shares, worth $137.04M. The average tenure of the management team and the board of directors is 7.5 years and 4 years respectively.
Key information
Mike Praeger
Chief executive officer
US$7.7m
Total compensation
| CEO salary percentage | 6.75% |
| CEO tenure | 25.5yrs |
| CEO ownership | 6.6% |
| Management average tenure | 7.5yrs |
| Board average tenure | 4yrs |
Recent management updates
Recent updates
ERP Integrations And Digital Payments Will Unlock Opportunities
Expanded ERP integrations and digital payment migrations are expected to boost customer growth, revenue, and margin amid a broader B2B e-payment market shift.AvidXchange Holdings, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
There's been a notable change in appetite for AvidXchange Holdings, Inc. ( NASDAQ:AVDX ) shares in the week since its...What You Can Learn From AvidXchange Holdings, Inc.'s (NASDAQ:AVDX) P/S After Its 32% Share Price Crash
The AvidXchange Holdings, Inc. ( NASDAQ:AVDX ) share price has fared very poorly over the last month, falling by a...AvidXchange Holdings, Inc.'s (NASDAQ:AVDX) P/S Is Still On The Mark Following 26% Share Price Bounce
The AvidXchange Holdings, Inc. ( NASDAQ:AVDX ) share price has done very well over the last month, posting an excellent...What You Can Learn From AvidXchange Holdings, Inc.'s (NASDAQ:AVDX) P/S After Its 26% Share Price Crash
The AvidXchange Holdings, Inc. ( NASDAQ:AVDX ) share price has fared very poorly over the last month, falling by a...AvidXchange Holdings: Positive Outlook
Summary AvidXchange Holdings' disclosures at a recent investor conference indicate that the company has good long-term growth potential. AvidXchange's guidance points to a doubling of its EBITDA margin for full-year FY 2024. I stay bullish on AVDX stock, as the company's prospects are favorable. Read the full article on Seeking AlphaAvidXchange Holdings, Inc.'s (NASDAQ:AVDX) Earnings Haven't Escaped The Attention Of Investors
AvidXchange Holdings, Inc.'s ( NASDAQ:AVDX ) price-to-sales (or "P/S") ratio of 6.4x may look like a poor investment...AvidXchange Holdings: Meeting The Rule Of 40 Benchmark Is Key Catalyst
Summary AvidXchange's FY 2024 EBITDA guidance was +35% better than the sell side's earlier consensus estimate. AvidXchange aims to hit the rule of 40 benchmark next year, with expectations of an improvement in its operating profitability driven by the favorable impact of scale economies. The stock is still trading at a discount to its peers which I think is unjustified, and this translates into a Buy rating for AVDX. Read the full article on Seeking AlphaWhy Investors Shouldn't Be Surprised By AvidXchange Holdings, Inc.'s (NASDAQ:AVDX) P/S
When close to half the companies in the Diversified Financial industry in the United States have price-to-sales ratios...CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2025 | n/a | n/a | -US$8m |
| Mar 31 2025 | n/a | n/a | US$2m |
| Dec 31 2024 | US$8m | US$520k | US$8m |
| Sep 30 2024 | n/a | n/a | -US$999k |
| Jun 30 2024 | n/a | n/a | -US$13m |
| Mar 31 2024 | n/a | n/a | -US$32m |
| Dec 31 2023 | US$7m | US$500k | -US$47m |
| Sep 30 2023 | n/a | n/a | -US$68m |
| Jun 30 2023 | n/a | n/a | -US$85m |
| Mar 31 2023 | n/a | n/a | -US$92m |
| Dec 31 2022 | US$7m | US$498k | -US$101m |
| Sep 30 2022 | n/a | n/a | -US$159m |
| Jun 30 2022 | n/a | n/a | -US$174m |
| Mar 31 2022 | n/a | n/a | -US$175m |
| Dec 31 2021 | US$8m | US$474k | -US$224m |
| Sep 30 2021 | n/a | n/a | -US$224m |
| Jun 30 2021 | n/a | n/a | -US$207m |
| Mar 31 2021 | n/a | n/a | -US$209m |
| Dec 31 2020 | US$2m | US$404k | -US$166m |
Compensation vs Market: Mike's total compensation ($USD7.70M) is above average for companies of similar size in the US market ($USD5.55M).
Compensation vs Earnings: Mike's compensation has increased whilst the company is unprofitable.
CEO
Mike Praeger (60 yo)
Mr. Michael Praeger, also known as Mike, co-founded AvidXchange Holdings, Inc. (formerly known as AvidXchange, Inc.). in 2000 and serves as its Chairman, Chief Executive Officer since October 2021 and was...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 25.5yrs | US$7.70m | 6.6% $ 137.0m | |
| President | 2.8yrs | US$4.10m | 0.20% $ 4.1m | |
| Senior VP & CFO | 8.7yrs | US$3.89m | 0.068% $ 1.4m | |
| Chief Information Officer & Senior VP | 7yrs | US$3.18m | 0.086% $ 1.8m | |
| Senior VP | 7.9yrs | US$2.57m | 0.11% $ 2.4m | |
| Co-Founder & Senior Technology Advisor | 25.8yrs | no data | no data | |
| Chief Operating Officer | 2.2yrs | no data | no data | |
| Senior Vice President of Investor Relations | no data | no data | no data | |
| Vice President of Compliance | no data | no data | no data | |
| Chief People Officer & Senior VP | 5.6yrs | no data | 0.078% $ 1.6m | |
| Senior Vice President of Strategic Initiatives & Integration | no data | no data | no data | |
| Senior Vice President of Platform Delivery & Operations | no data | no data | no data |
Experienced Management: AVDX's management team is seasoned and experienced (7.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 25.5yrs | US$7.70m | 6.6% $ 137.0m | |
| Independent Director | 4yrs | US$234.78k | 0.030% $ 632.0k | |
| Independent Director | 4yrs | US$246.28k | 1.36% $ 28.3m | |
| Independent Director | 4yrs | US$246.28k | 0.032% $ 657.0k | |
| Independent Director | 1.6yrs | US$276.61k | 0.010% $ 213.5k | |
| Independent Director | 4yrs | US$247.18k | 0.023% $ 469.8k | |
| Lead Independent Director | 2.8yrs | US$249.78k | 0.020% $ 422.9k | |
| Independent Director | 2.8yrs | US$239.78k | 0.020% $ 422.9k | |
| Independent Director | 1.6yrs | US$278.11k | 0.010% $ 213.5k |
Experienced Board: AVDX's board of directors are considered experienced (4 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/10/14 08:58 |
| End of Day Share Price | 2025/10/14 00:00 |
| Earnings | 2025/06/30 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
| |
| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
AvidXchange Holdings, Inc. is covered by 6 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ramsey El-Assal | Barclays |
| Bryan Keane | Deutsche Bank |
| William Nance | Goldman Sachs |