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Upturn AI SWOT - About
AvidXchange Holdings Inc (AVDX)
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Upturn Advisory Summary
03/27/2025: AVDX (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Analysis of Past Performance
Type Stock | Historic Profit -47.7% | Avg. Invested days 27 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 03/27/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.71B USD | Price to earnings Ratio 209.25 | 1Y Target Price 9.3 |
Price to earnings Ratio 209.25 | 1Y Target Price 9.3 | ||
Volume (30-day avg) 2258060 | Beta 1.28 | 52 Weeks Range 6.61 - 13.27 | Updated Date 03/30/2025 |
52 Weeks Range 6.61 - 13.27 | Updated Date 03/30/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 0.04 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 1.86% | Operating Margin (TTM) 1.98% |
Management Effectiveness
Return on Assets (TTM) -0.06% | Return on Equity (TTM) 1.23% |
Valuation
Trailing PE 209.25 | Forward PE 31.75 | Enterprise Value 1397277270 | Price to Sales(TTM) 3.9 |
Enterprise Value 1397277270 | Price to Sales(TTM) 3.9 | ||
Enterprise Value to Revenue 3.18 | Enterprise Value to EBITDA 24.65 | Shares Outstanding 204440992 | Shares Floating 186156026 |
Shares Outstanding 204440992 | Shares Floating 186156026 | ||
Percent Insiders 16.27 | Percent Institutions 78.16 |
Analyst Ratings
Rating 3.76 | Target Price 12 | Buy 1 | Strong Buy 7 |
Buy 1 | Strong Buy 7 | ||
Hold 7 | Sell 2 | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
AvidXchange Holdings Inc
Company Overview
History and Background
AvidXchange was founded in 2000 and is headquartered in Charlotte, North Carolina. It began as a provider of accounts payable (AP) automation software and services, evolving into a leading fintech company specializing in automating invoice processing and payment solutions for middle-market businesses. Significant milestones include achieving substantial customer growth, expanding its product offerings, and going public in 2021.
Core Business Areas
- Accounts Payable Automation: AvidXchange provides a comprehensive cloud-based platform that automates the entire AP process, from invoice capture and approval to payment execution and reconciliation.
- Invoice Processing: The platform streamlines invoice receipt, coding, and routing, reducing manual data entry and improving accuracy.
- Payment Automation: AvidXchange facilitates electronic payments to suppliers, eliminating paper checks and accelerating payment cycles.
- Supplier Network: A vast supplier network enables seamless electronic payment adoption, enhancing efficiency and reducing friction for both buyers and suppliers.
Leadership and Structure
Michael Praeger is the Co-Founder and CEO. The organizational structure includes functional departments like Sales, Marketing, Product Development, Technology, and Customer Success, reporting to executive leadership.
Top Products and Market Share
Key Offerings
- AvidXchange Invoice Accelerator: Automates invoice data capture and workflow. Limited market share data available. Competitors include Tipalti, Bill.com and Coupa.
- AvidPay Direct: Facilitates electronic payments to suppliers. Limited market share data available. Competitors include Tipalti, Bill.com and Coupa.
Market Dynamics
Industry Overview
The accounts payable automation market is experiencing significant growth due to increasing demand for efficiency, cost reduction, and improved visibility in financial processes. Cloud-based solutions are gaining traction as businesses seek to streamline operations and enhance collaboration.
Positioning
AvidXchange is a leader in the middle-market AP automation space, offering a comprehensive platform with a large supplier network. Its competitive advantages include its focus on specific industry verticals, integrated solutions, and strong customer support.
Total Addressable Market (TAM)
The total addressable market for AP automation is estimated to be in the tens of billions of dollars globally. AvidXchange is positioned to capture a significant portion of this market by targeting middle-market businesses and expanding its product offerings.
Upturn SWOT Analysis
Strengths
- Comprehensive AP automation platform
- Large supplier network
- Strong customer relationships
- Focus on middle-market businesses
- Experienced management team
Weaknesses
- Dependence on supplier adoption
- Integration complexity with existing systems
- Profitability challenges
- Competition from larger players
- Slower growth compared to some competitors
Opportunities
- Expanding into new industry verticals
- Developing new product features and integrations
- Acquiring complementary businesses
- Capitalizing on increasing demand for AP automation
- Growing international presence
Threats
- Intense competition
- Economic downturn impacting customer spending
- Data security breaches
- Changes in regulatory requirements
- Technological advancements disrupting the market
Competitors and Market Share
Key Competitors
- BILL
- COUP
- ADP
Competitive Landscape
AvidXchange competes with both established players and emerging startups in the AP automation market. Its competitive advantages include its focus on the middle market and its comprehensive platform. However, it faces challenges from larger competitors with greater resources and broader product portfolios.
Major Acquisitions
Core Associates
- Year: 2020
- Acquisition Price (USD millions): 143
- Strategic Rationale: Expanded AvidXchange's presence in the construction industry.
Growth Trajectory and Initiatives
Historical Growth: AvidXchange has experienced substantial revenue growth over the past few years, driven by increasing adoption of AP automation solutions. However, profitability has lagged due to ongoing investments.
Future Projections: Analyst estimates suggest continued revenue growth in the coming years, but profitability improvements are contingent on achieving scale and operating efficiencies.
Recent Initiatives: Recent initiatives include expanding partnerships with software vendors, launching new product features, and focusing on customer retention.
Summary
AvidXchange is a leading AP automation provider for middle-market businesses, experiencing revenue growth but struggling with profitability. Its strength lies in its comprehensive platform and supplier network. It needs to improve operating efficiencies and navigate competitive pressures. The company's future success depends on its ability to achieve scale and capitalize on the growing demand for AP automation.
Similar Companies
- BILL
- COUP
- WDAY
Sources and Disclaimers
Data Sources:
- AvidXchange Investor Relations, SEC Filings, Market Research Reports, Analyst Estimates
Disclaimers:
This analysis is based on publicly available information and represents an assessment of AvidXchange's business and financial performance. It is not financial advice and should not be used as the sole basis for making investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About AvidXchange Holdings Inc
Exchange NASDAQ | Headquaters Charlotte, NC, United States | ||
IPO Launch date 2021-10-13 | Co-Founder, Chairman & CEO Mr. Michael Praeger | ||
Sector Technology | Industry Software - Infrastructure | Full time employees 1600 | Website https://www.avidxchange.com |
Full time employees 1600 | Website https://www.avidxchange.com | ||
AvidXchange Holdings, Inc. provides accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers in the United States. The company offers AP automation software, a SaaS-based solution that automates and digitizes capture, review, approval, and payment of invoices for buyers; the AvidPay network that connects two-sided payments with buyers and suppliers; and the AvidXchange Supplier Hub, which provides supplier insights to cash flow, tools for in-network invoices and payments, and early payment feature. Its platform offers electronic invoice capture, workflow routing, and automated payments solutions. It serves real estate, community association management, construction, financial services, healthcare facilities, social services, education, hospitality, and media sectors through direct salesforces; strategic channel partnerships; and software and technology business partners. AvidXchange Holdings, Inc. was incorporated in 2000 and is headquartered in Charlotte, North Carolina.
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