Avidxchange Holdings Inc
NASDAQ:AVDX

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Avidxchange Holdings Inc
NASDAQ:AVDX
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Price: 10.46 USD 1.06%
Market Cap: 2.2B USD
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Gross Margin
Avidxchange Holdings Inc

71.5%
Current
65%
Average
46.6%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
71.5%
=
Gross Profit
305.5m
/
Revenue
427.6m

Gross Margin Across Competitors

Country Company Market Cap Gross
Margin
US
Avidxchange Holdings Inc
NASDAQ:AVDX
2.1B USD
71%
US
Ezenia! Inc
OTC:EZEN
567B USD
62%
US
Salesforce Inc
NYSE:CRM
327.7B USD
77%
DE
SAP SE
XETRA:SAP
275.7B EUR
73%
US
Adobe Inc
NASDAQ:ADBE
197.1B USD
89%
US
Palantir Technologies Inc
NYSE:PLTR
186.7B USD
81%
US
NCR Corp
LSE:0K45
189.2B USD
23%
US
Intuit Inc
NASDAQ:INTU
179.7B USD
79%
US
Applovin Corp
NASDAQ:APP
116.2B USD
74%
US
Cadence Design Systems Inc
NASDAQ:CDNS
84.4B USD
88%
US
Synopsys Inc
NASDAQ:SNPS
76.7B USD
80%
Country US
Market Cap 2.1B USD
Gross Margin
71%
Country US
Market Cap 567B USD
Gross Margin
62%
Country US
Market Cap 327.7B USD
Gross Margin
77%
Country DE
Market Cap 275.7B EUR
Gross Margin
73%
Country US
Market Cap 197.1B USD
Gross Margin
89%
Country US
Market Cap 186.7B USD
Gross Margin
81%
Country US
Market Cap 189.2B USD
Gross Margin
23%
Country US
Market Cap 179.7B USD
Gross Margin
79%
Country US
Market Cap 116.2B USD
Gross Margin
74%
Country US
Market Cap 84.4B USD
Gross Margin
88%
Country US
Market Cap 76.7B USD
Gross Margin
80%
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Avidxchange Holdings Inc
Glance View

Market Cap
2.1B 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
6.66 USD
Overvaluation 36%
Intrinsic Value
Price

See Also

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
71.5%
=
Gross Profit
305.5m
/
Revenue
427.6m
What is the Gross Margin of Avidxchange Holdings Inc?

Based on Avidxchange Holdings Inc's most recent financial statements, the company has Gross Margin of 71.5%.