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AvidXchange Holdings (AvidXchange Holdings) Market Cap : $2,309.8 Mil (As of May. 20, 2024)


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What is AvidXchange Holdings Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). AvidXchange Holdings's share price for the quarter that ended in Mar. 2024 was $13.15. AvidXchange Holdings's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 206.3 Mil. Therefore, AvidXchange Holdings's market cap for the quarter that ended in Mar. 2024 was $2,713.0 Mil.

AvidXchange Holdings's quarterly market cap increased from Sep. 2023 ($1,923.5 Mil) to Dec. 2023 ($2,528.6 Mil) and increased from Dec. 2023 ($2,528.6 Mil) to Mar. 2024 ($2,713.0 Mil).

AvidXchange Holdings's annual market cap declined from Dec. 2021 ($2,963.9 Mil) to Dec. 2022 ($1,982.4 Mil) but then increased from Dec. 2022 ($1,982.4 Mil) to Dec. 2023 ($2,528.6 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. AvidXchange Holdings's Enterprise Value for Today is $2,032.3 Mil.


AvidXchange Holdings Market Cap Historical Data

The historical data trend for AvidXchange Holdings's Market Cap can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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AvidXchange Holdings Market Cap Chart

AvidXchange Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
- - 2,963.88 1,982.37 2,528.60

AvidXchange Holdings Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,568.03 2,097.94 1,923.45 2,528.60 2,713.04

Competitive Comparison of AvidXchange Holdings's Market Cap

For the Software - Infrastructure subindustry, AvidXchange Holdings's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


AvidXchange Holdings's Market Cap Distribution in the Software Industry

For the Software industry and Technology sector, AvidXchange Holdings's Market Cap distribution charts can be found below:

* The bar in red indicates where AvidXchange Holdings's Market Cap falls into.



AvidXchange Holdings Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

AvidXchange Holdings's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=$12.39*204.084
=$2,528.6

AvidXchange Holdings's Market Cap for the quarter that ended in Mar. 2024 is calculated as

Market Cap (Q: Mar. 2024 )=Share Price (Q: Mar. 2024 )*Shares Outstanding (EOP) (Q: Mar. 2024 )
=$13.15*206.315
=$2,713.0

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


AvidXchange Holdings  (NAS:AVDX) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


AvidXchange Holdings Market Cap Related Terms

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AvidXchange Holdings (AvidXchange Holdings) Business Description

Traded in Other Exchanges
N/A
Address
1210 AvidXchange Lane, Charlotte, NC, USA, 28206
AvidXchange Holdings Inc is a provider of AP automation software and payment solutions for middle-market businesses and their suppliers. It generates the majority of its sales from Payment revenue followed by Software revenue and Services revenue. The company generates revenue in the United States.
Executives
Joel Wilhite officer: See Remarks 1210 AVIDXCHANGE LANE, CHARLOTTE NC 28206
Ryan Stahl officer: See Remarks 1210 AVIDXCHANGE LANE, CHARLOTTE NC 28206
Todd Alan Cunningham officer: See Remarks 1210 AVIDXCHANGE LANE, CHARLOTTE NC 28206
Michael Praeger director, officer: See Remarks 1210 AVIDXCHANGE LANE, CHARLOTTE NC 28206
Daniel Drees officer: See Remarks 1210 AVIDXCHANGE LANE, CHARLOTTE NC 28206
Angelic Gibson officer: See Remarks 1210 AVIDXCHANGE LANE, CHARLOTTE NC 28206
Matthew C Harris director, 10 percent owner 1 BANK STREET, 2ND FLOOR, WILLIAMSTOWN MA 01267
James E Hausman director 1210 AVIDXCHANGE LANE, CHARLOTTE NC 28206
Sonali Sambhus director C/O AVIDXCHANGE HOLDINGS, INC., 1210 AVIDXCHANGE LANE, CHARLOTTE NC 28206
Asif Ramji director 3399 PEACHTREE ROAD NE, SUITE 1900, ATLANTA GA 30326
Bain Capital Venture Partners 2014, L.p. 10 percent owner 200 CLARENDON STREET, BOSTON MA 02116
Teresa Mackintosh director 1210 AVIDXCHANGE LANE, CHARLOTTE NC 28206
Bcv Ax Investors, L.p. 10 percent owner 200 CLARENDON ST, BOSTON MA 02116
Bain Capital Venture Coinvestment Partners, L.p. 10 percent owner 200 CLARENDON STREET, BOSTON MA 02116
Bain Capital Venture Coinvestment Fund, L.p. 10 percent owner JOHN HANCOCK TOWER, 200 CLARENDON STREET, BOSTON MA 02116