AvidXchange Holdings Past Earnings Performance
Past criteria checks 0/6
AvidXchange Holdings has been growing earnings at an average annual rate of 21.9%, while the Diversified Financial industry saw earnings growing at 8.3% annually. Revenues have been growing at an average rate of 23.3% per year.
Key information
21.9%
Earnings growth rate
58.0%
EPS growth rate
| Diversified Financial Industry Growth | 6.1% |
| Revenue growth rate | 23.3% |
| Return on equity | -7.2% |
| Net Margin | -12.4% |
| Next Earnings Update | 08 May 2024 |
Recent past performance updates
Recent updates
AvidXchange Holdings: Meeting The Rule Of 40 Benchmark Is Key Catalyst
Mar 04Why Investors Shouldn't Be Surprised By AvidXchange Holdings, Inc.'s (NASDAQ:AVDX) P/S
Jan 08
Growth Investors: Industry Analysts Just Upgraded Their AvidXchange Holdings, Inc. (NASDAQ:AVDX) Revenue Forecasts By 10%
Aug 08AvidXchange Holdings, Inc. (NASDAQ:AVDX) Reported Earnings Last Week And Analysts Are Already Upgrading Their Estimates
Aug 06KeyCorp cuts AvidXchange PT to $10, maintains Overweight rating
Jul 07AvidXchange - Not An Avid Holder Here, Despite The Sell-Off
Jan 28AvidXchange Holdings - Not Too Compelled
Oct 17Revenue & Expenses BreakdownBeta
How AvidXchange Holdings makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 381 | -47 | 178 | 98 |
| 30 Sep 23 | 363 | -68 | 181 | 94 |
| 30 Jun 23 | 347 | -85 | 182 | 92 |
| 31 Mar 23 | 332 | -92 | 174 | 87 |
| 31 Dec 22 | 316 | -101 | 168 | 84 |
| 30 Sep 22 | 299 | -159 | 191 | 84 |
| 30 Jun 22 | 282 | -174 | 178 | 78 |
| 31 Mar 22 | 264 | -175 | 168 | 71 |
| 31 Dec 21 | 248 | -224 | 160 | 65 |
| 30 Sep 21 | 232 | -224 | 128 | 56 |
| 30 Jun 21 | 214 | -207 | 118 | 51 |
| 31 Mar 21 | 198 | -209 | 110 | 48 |
| 31 Dec 20 | 186 | -166 | 89 | 45 |
| 31 Dec 19 | 150 | -108 | 92 | 34 |
Quality Earnings: AVDX is currently unprofitable.
Growing Profit Margin: AVDX is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: AVDX is unprofitable, but has reduced losses over the past 5 years at a rate of 21.9% per year.
Accelerating Growth: Unable to compare AVDX's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: AVDX is unprofitable, making it difficult to compare its past year earnings growth to the Diversified Financial industry (9.9%).
Return on Equity
High ROE: AVDX has a negative Return on Equity (-7.21%), as it is currently unprofitable.