Avidxchange Holdings Inc
NASDAQ:AVDX
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Gross Margin
Avidxchange Holdings Inc
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 Across Competitors
Country | US |
Market Cap | 2.3B USD |
Gross Margin |
71%
|
Country | US |
Market Cap | 327.7B USD |
Gross Margin |
76%
|
Country | DE |
Market Cap | 263.5B EUR |
Gross Margin |
73%
|
Country | US |
Market Cap | 230B USD |
Gross Margin |
89%
|
Country | US |
Market Cap | 192.7B USD |
Gross Margin |
23%
|
Country | US |
Market Cap | 179.3B USD |
Gross Margin |
79%
|
Country | US |
Market Cap | 146.1B USD |
Gross Margin |
81%
|
Country | US |
Market Cap | 111.8B USD |
Gross Margin |
74%
|
Country | US |
Market Cap | 85.5B USD |
Gross Margin |
74%
|
Country | US |
Market Cap | 86.8B USD |
Gross Margin |
80%
|
Country | US |
Market Cap | 85.5B USD |
Gross Margin |
88%
|
Avidxchange Holdings Inc
Glance View
AvidXchange Holdings, Inc. engages in the provision of account payable (AP) automation software and payment solutions. The company is headquartered in Charlotte, North Carolina and currently employs 1,600 full-time employees. The company went IPO on 2021-10-13. The firm provides end to end software-as a service (SaaS) and payment platform that digitizes and automates the AP workflows. The company has developed a technology platform which provides solutions to buyers’ market workflow. The Company’s operating business is through paper-intensive back offices, particularly in their AP workflows. The Company’s platform automates the end-to-end AP workflows for buyers and enhances the payment experience for suppliers through products and features such as AP Automation Software, The AvidPay Network and Cash Flow Manager.
See Also
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.
Based on Avidxchange Holdings Inc's most recent financial statements, the company has Gross Margin of 71.5%.