AvidXchange Holdings, Inc.
AVDXTechnology · Services-Prepackaged Software · DE · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | |
|---|---|---|---|---|---|---|
| Revenue | $438.9M | $380.7M | $316.4M | $248.4M | $185.9M | $149.6M |
| Operating income | −$2.6M | −$53.5M | −$87.4M | −$108.7M | −$75.1M | −$77.1M |
| Net income | $8.1M | −$47.3M | −$101.3M | −$199.6M | −$101.2M | −$93.5M |
| Total assets | $2.09B | $2.48B | $2.21B | $2.27B | $726.5M | — |
| Total liabilities | $1.42B | $1.83B | $1.55B | $1.54B | $405.0M | — |
| Equity | $671.8M | $656.4M | $657.4M | $723.1M | −$511.1M | −$411.8M |
| EPS (diluted) | $0.04 | $-0.23 | $-0.51 | $-2.64 | $-3.34 | — |
| Shares out. | 204.3M | 199.5M | 196.8M | 196.8M | 50.1M | — |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2024- Operating margin
- −0.6%
- Net margin
- 1.9%
- Return on equity
- 1.2%
- Return on assets
- 0.4%
- Return on capital (ROCE)
- −0.3%
- Liabilities / assets
- 67.9%
- Debt / equity
- 2.11×
- Book value / share
- $3.29
- Revenue growth (YoY)
- 15.3%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2024- Altman Z″ (distress)
- 0.13distress
- Accruals / assets
- −3.1%clean
- Piotroski F-Score
- 8/9strong
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 1 severe● 1 warning● 3 good- Altman Z″ in the distress zone
- Operating losses (negative operating margin)
- Revenue is growing year-over-year
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Praeger MichaelPassive (13G)Oct 15, 2025
- Glazer Capital, LlcPassive (13G)Oct 10, 2025
- Greenhouse Funds LllpPassive (13G)Aug 13, 2025
- Fmr LlcPassive (13G)Aug 6, 2025
- Senvest Management, LlcPassive (13G)Feb 13, 2025
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Mackintosh TeresaDirector | Oct 15, 2025 | D | 65,904 | — |
| Drees DanielOfficer — President | Oct 15, 2025 | J | 232,377 | — |
| Hausman James EDirector | Oct 15, 2025 | D | 2.1M | — |
| Rubado Arthur J IiiDirector | Oct 15, 2025 | D | 40,276 | — |
| Ramji AsifDirector | Oct 15, 2025 | D | 61,213 | — |
| Sambhus SonaliDirector | Oct 15, 2025 | D | 61,213 | — |
| Drummond Lance F.Director | Oct 15, 2025 | D | 82,120 | — |
| Chukwu OniDirector | Oct 15, 2025 | D | 40,276 | — |
| Cunningham Todd AlanOfficer — See Remarks | Oct 15, 2025 | D | 491,075 | — |
| Praeger MichaelOfficer — Chief Executive Officer | Oct 15, 2025 | J | 9.7M | — |
| Stahl RyanOfficer — See Remarks | Oct 15, 2025 | J | 134,652 | — |
| Gibson AngelicOfficer — See Remarks | Oct 15, 2025 | D | 716,036 | — |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| Oct 15, 2025 | 4.9M | 1.9 | +6.1% |
| Sep 30, 2025 | 4.7M | 3.0 | +0.1% |
| Sep 15, 2025 | 4.7M | 3.0 | +10.2% |
| Aug 29, 2025 | 4.2M | 2.6 | +10.4% |
| Aug 15, 2025 | 3.8M | 1.6 | +7.7% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Entered a material agreement · Terminated a material agreement · Completed an acquisition or disposition · New financial obligation · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylaws · Other material eventOct 15, 2025
- Shareholder voteSep 16, 2025
- Results of operationsAug 7, 2025
- Shareholder voteJun 30, 2025
- Entered a material agreement · Regulation FD disclosureMay 7, 2025
- Results of operationsMay 7, 2025
- Regulation FD disclosureMay 6, 2025
- Results of operationsFeb 26, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.