AvidXchange Holdings
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of AvidXchange Holdings generated cash of $8,451,000, which is more than the previous year. Cash used in financing activities reached the amount of $290,846,000 last year. Net change in cash is therefore $351,243,000.
Cash Flow
| 2019 | -61.79M | -116.85M | 308.25M |
|---|---|---|---|
| 2020 | -44.12M | -36.55M | 193.79M |
| 2021 | -68.66M | -84.10M | 1.56B |
| 2022 | -28.70M | -140.34M | -1.72M |
| 2023 | 8.45M | 51.94M | 290.84M |
AVDX Cash Flow Statement (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Cash at beginning of period | 1.63B | 1.80B | 390.07M | 276.97M | 147.36M |
Operating activities | |||||
Net income | -47.32M | -101.28M | -199.64M | -101.24M | -93.54M |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||
Depreciation and amortization | 35.91M | 32.84M | 30.73M | 27.51M | 22.34M |
Stock-based compensation expense | 40.85M | 31.83M | 21.42M | 1.63M | 1.37M |
| Deferred income tax benefit | 40.85M | 31.83M | 21.42M | 1.63M | 1.37M |
| Changes in operating assets and liabilities: | |||||
Accounts receivable, net | 0 | -10.28M | -4.71M | -5.71M | -2.32M |
Inventories | 0 | 0 | -3.10M | 9.75M | 2.28M |
Accounts payable | 2.86M | -3.38M | -12.37M | 14.14M | 3.66M |
Cash generated by operating activities | 8.45M | -28.70M | -68.66M | -44.12M | -61.79M |
Investing activities | |||||
Purchases Of Investments | -273.99M | -385.02M | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -18.30M | -27.80M | -18.32M | -12.04M | -9.25M |
Acquisitions Net | 0 | 0 | -46.08M | -19.82M | -105.83M |
Cash generated by investing activities | 51.94M | -140.34M | -84.10M | -36.55M | -116.85M |
Financing activities | |||||
Common Stock Issued | 1.57M | 1.44M | 627.98M | 301.73M | 247.81M |
Payments for dividends | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | -169M | -195.74M | -11.18M |
Repayments of term debt | -6.94M | -45.87M | -2.13M | -2.58M | 22.52M |
Cash used in financing activities | 290.84M | -1.72M | 1.56B | 193.79M | 308.25M |
Net Change In Cash | 351.24M | -170.77M | 1.41B | 113.10M | 129.61M |
Cash at end of period | 1.98B | 1.63B | 1.80B | 390.07M | 276.97M |
| Data source | Data source | Data source |