AvidXchange Historical Income Statement
| AVDX Stock | USD 11.46 0.15 1.33% |
Historical analysis of AvidXchange Holdings income statement accounts such as Tax Provision of 475.6 K, Net Interest Income of 3.7 M or Interest Income of 20 M can show how well AvidXchange Holdings performed in making a profits. Evaluating AvidXchange Holdings income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of AvidXchange Holdings's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining AvidXchange Holdings latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether AvidXchange Holdings is a good buy for the upcoming year.
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About AvidXchange Income Statement Analysis
AvidXchange Holdings Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to AvidXchange Holdings shareholders. The income statement also shows AvidXchange investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
AvidXchange Holdings Income Statement Chart
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Total Revenue
Total revenue comprises all receipts AvidXchange Holdings generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of AvidXchange Holdings minus its cost of goods sold. It is profit before AvidXchange Holdings operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Most accounts from AvidXchange Holdings' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into AvidXchange Holdings current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AvidXchange Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For more information on how to buy AvidXchange Stock please use our How to Invest in AvidXchange Holdings guide.At this time, AvidXchange Holdings' Tax Provision is fairly stable compared to the past year. Net Interest Income is likely to rise to about 3.7 M in 2024, whereas Interest Expense is likely to drop slightly above 11.2 M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 30.7M | 32.8M | 35.9M | 33.2M | Interest Income | 661K | 7.2M | 19.1M | 20.0M |
AvidXchange Holdings income statement Correlations
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AvidXchange Holdings Account Relationship Matchups
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AvidXchange Holdings income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 17.3M | 20.1M | 20.1M | 20.7M | 13.5M | 11.2M | |
| Ebit | (69.2M) | (80.9M) | (184.2M) | (80.2M) | (32.6M) | (34.2M) | |
| Net Income Applicable To Common Shares | (107.9M) | (166.3M) | (224.3M) | (101.3M) | (91.2M) | (95.7M) |
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When running AvidXchange Holdings' price analysis, check to measure AvidXchange Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AvidXchange Holdings is operating at the current time. Most of AvidXchange Holdings' value examination focuses on studying past and present price action to predict the probability of AvidXchange Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AvidXchange Holdings' price. Additionally, you may evaluate how the addition of AvidXchange Holdings to your portfolios can decrease your overall portfolio volatility.