Avidxchange Holdings Inc
NASDAQ:AVDX

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Avidxchange Holdings Inc
NASDAQ:AVDX
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Price: 10.51 USD 0.48% Market Closed
Market Cap: 2.2B USD
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Avidxchange Holdings Inc
Cash Equivalents

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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Avidxchange Holdings Inc
Cash Equivalents Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Cash Equivalents CAGR 3Y CAGR 5Y CAGR 10Y
Avidxchange Holdings Inc
NASDAQ:AVDX
Cash Equivalents
$407m
CAGR 3-Years
17%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Salesforce Inc
NYSE:CRM
Cash Equivalents
$8B
CAGR 3-Years
19%
CAGR 5-Years
16%
CAGR 10-Years
25%
Palantir Technologies Inc
NYSE:PLTR
Cash Equivalents
$831m
CAGR 3-Years
-26%
CAGR 5-Years
-6%
CAGR 10-Years
N/A
Applovin Corp
NASDAQ:APP
Cash Equivalents
$502.2m
CAGR 3-Years
17%
CAGR 5-Years
13%
CAGR 10-Years
N/A
Intuit Inc
NASDAQ:INTU
Cash Equivalents
$2.9B
CAGR 3-Years
0%
CAGR 5-Years
12%
CAGR 10-Years
18%
Adobe Inc
NASDAQ:ADBE
Cash Equivalents
$7.6B
CAGR 3-Years
35%
CAGR 5-Years
28%
CAGR 10-Years
26%
No Stocks Found

Avidxchange Holdings Inc
Glance View

Market Cap
2.2B USD
Industry
Technology

In the bustling world of fintech, Avidxchange Holdings Inc. has carved out a niche, revolutionizing the way businesses handle accounts payable. Founded in 2000 and headquartered in Charlotte, North Carolina, Avidxchange emerged from the simple idea of streamlining the often cumbersome process of managing invoices and payments. The company's cloud-based platform automates accounts payable functions, removing the need for paper-based invoices and manual processing. Businesses that partner with Avidxchange can automate invoice receipt, approval workflows, and payment execution, thus optimizing efficiency and reducing processing time. By transforming these traditionally labor-intensive tasks, Avidxchange provides value to over 7,000 mid-market companies across diverse industries, helping them save time and reduce the costs associated with accounts payable. At the heart of Avidxchange's business model is its strategy to create a network of buyers and suppliers, allowing the company to benefit from transaction fees and subscription revenues. Avidxchange earns revenue primarily from software subscription fees, transaction fees on payments processed through its platform, and payment services offerings. Their strategy focuses on acquiring new customers continuously while expanding relationships with existing ones, ensuring recurring revenue streams. The synergy between automation software and payment processing gives Avidxchange a competitive edge, as it taps into the growing demand for efficient digital transaction solutions. As businesses increasingly turn toward digital transformation, Avidxchange stands positioned to capture a substantial share of this burgeoning market.

AVDX Intrinsic Value
6.65 USD
Overvaluation 37%
Intrinsic Value
Price

See Also

What is Avidxchange Holdings Inc's Cash Equivalents?
Cash Equivalents
407m USD

Based on the financial report for Dec 31, 2023, Avidxchange Holdings Inc's Cash Equivalents amounts to 407m USD.

What is Avidxchange Holdings Inc's Cash Equivalents growth rate?
Cash Equivalents CAGR 3Y
17%

Over the last year, the Cash Equivalents growth was 16%. The average annual Cash Equivalents growth rates for Avidxchange Holdings Inc have been 17% over the past three years .

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