AvidXchange Holdings, Inc.

NasdaqGS AVDX

AvidXchange Holdings, Inc. Receivables for the quarter ending September 30, 2024: USD 70.07 M

AvidXchange Holdings, Inc. Receivables is USD 70.07 M for the quarter ending September 30, 2024, a 37.13% change year over year. Receivables are the amounts owed to the company by customers for goods sold or services rendered.
  • AvidXchange Holdings, Inc. Receivables for the quarter ending September 30, 2023 was USD 51.09 M, a -3.46% change year over year.
  • AvidXchange Holdings, Inc. Receivables for the quarter ending September 30, 2022 was USD 52.93 M, a 26.96% change year over year.
  • AvidXchange Holdings, Inc. Receivables for the quarter ending September 30, 2021 was USD 41.69 M.
Key data
Date Receivables Inventory Goodwill Total Assets
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NasdaqGS: AVDX

AvidXchange Holdings, Inc.

CEO Mr. Michael Praeger
IPO Date Oct. 13, 2021
Location United States
Headquarters 1210 AvidXchange Lane
Employees 1,600
Sector Technology
Industries
Description

AvidXchange Holdings, Inc. provides accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers in North America. The company offers AP automation software, a SaaS-based solution that automates and digitizes capture, review, approval, and payment of invoices for buyers; the AvidPay network that connects two-sided payments with buyers and suppliers; and cash flow manager that provides cash management solutions. Its platform offers electronic invoice capture, workflow routing, and automated payments solutions. The company markets its solutions through direct salesforces; strategic channel partnerships; and software and technology business partners. It serves real estate, homeowners associations, construction, financial services, healthcare facilities, social services, education, and media sectors. The company was incorporated in 2000 and is headquartered in Charlotte, North Carolina.

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StockViz Staff

January 16, 2025

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