AvidXchange Holdings (AvidXchange Holdings) Net Margin % : -0.96% (As of Mar. 2024)

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What is AvidXchange Holdings Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. AvidXchange Holdings's Net Income for the three months ended in Mar. 2024 was $-1.0 Mil. AvidXchange Holdings's Revenue for the three months ended in Mar. 2024 was $105.6 Mil. Therefore, AvidXchange Holdings's net margin for the quarter that ended in Mar. 2024 was -0.96%.

The historical rank and industry rank for AvidXchange Holdings's Net Margin % or its related term are showing as below:

AVDX' s Net Margin % Range Over the Past 10 Years
Min: -80.37 Med: -54.45 Max: -12.43
Current: -12.43

AVDX's Net Margin % is ranked worse than
69.89% of 2760 companies
in the Software industry
Industry Median: 1.695 vs AVDX: -12.43

AvidXchange Holdings Net Margin % Historical Data

The historical data trend for AvidXchange Holdings's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

AvidXchange Holdings Net Margin % Chart

AvidXchange Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

-62.54

-54.45

-80.37

-32.02

-12.43

AvidXchange Holdings Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Net Margin %	Get a 7-Day Free Trial												-18.42	-20.59	-8.20	-4.30	-0.96

Competitive Comparison of AvidXchange Holdings's Net Margin %

For the Software - Infrastructure subindustry, AvidXchange Holdings's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

AvidXchange Holdings's Net Margin % Distribution in the Software Industry

For the Software industry and Technology sector, AvidXchange Holdings's Net Margin % distribution charts can be found below:

* The bar in red indicates where AvidXchange Holdings's Net Margin % falls into.

AvidXchange Holdings Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

AvidXchange Holdings's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	-47.325	/	380.72
	=	-12.43 %

AvidXchange Holdings's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin	=	Net Income (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	-1.009	/	105.598
	=	-0.96 %

AvidXchange Holdings (NAS:AVDX) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

AvidXchange Holdings Net Margin % Related Terms

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AvidXchange Holdings (AvidXchange Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » AvidXchange Holdings Inc (NAS:AVDX) » Definitions » Net Margin %

Comparable Companies

DOCN EVCM PAY RAMP NTCT SWI CSGS ODD PAYO EVTC MSFT ORCL ADBE PANW SNPS VMW FTNT CRWD PLTR SQ

Traded in Other Exchanges

N/A

Address

1210 AvidXchange Lane, Charlotte, NC, USA, 28206

Website

https://www.avidxchange.com

AvidXchange Holdings Inc is a provider of AP automation software and payment solutions for middle-market businesses and their suppliers. It generates the majority of its sales from Payment revenue followed by Software revenue and Services revenue. The company generates revenue in the United States.

Executives

Joel Wilhite	officer: See Remarks	1210 AVIDXCHANGE LANE, CHARLOTTE NC 28206
Ryan Stahl	officer: See Remarks	1210 AVIDXCHANGE LANE, CHARLOTTE NC 28206
Todd Alan Cunningham	officer: See Remarks	1210 AVIDXCHANGE LANE, CHARLOTTE NC 28206
Michael Praeger	director, officer: See Remarks	1210 AVIDXCHANGE LANE, CHARLOTTE NC 28206
Daniel Drees	officer: See Remarks	1210 AVIDXCHANGE LANE, CHARLOTTE NC 28206
Angelic Gibson	officer: See Remarks	1210 AVIDXCHANGE LANE, CHARLOTTE NC 28206
Matthew C Harris	director, 10 percent owner	1 BANK STREET, 2ND FLOOR, WILLIAMSTOWN MA 01267
James E Hausman	director	1210 AVIDXCHANGE LANE, CHARLOTTE NC 28206
Sonali Sambhus	director	C/O AVIDXCHANGE HOLDINGS, INC., 1210 AVIDXCHANGE LANE, CHARLOTTE NC 28206
Asif Ramji	director	3399 PEACHTREE ROAD NE, SUITE 1900, ATLANTA GA 30326
Bain Capital Venture Partners 2014, L.p.	10 percent owner	200 CLARENDON STREET, BOSTON MA 02116
Teresa Mackintosh	director	1210 AVIDXCHANGE LANE, CHARLOTTE NC 28206
Bcv Ax Investors, L.p.	10 percent owner	200 CLARENDON ST, BOSTON MA 02116
Bain Capital Venture Coinvestment Partners, L.p.	10 percent owner	200 CLARENDON STREET, BOSTON MA 02116
Bain Capital Venture Coinvestment Fund, L.p.	10 percent owner	JOHN HANCOCK TOWER, 200 CLARENDON STREET, BOSTON MA 02116