Avidxchange Holdings Intrinsic Stock Value – Jump Financial LLC Invests in AvidXchange Holdings, in 1st Quarter
August 12, 2023
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AVIDXCHANGE ($NASDAQ:AVDX): AvidXchange Holdings, Inc. is an innovative financial technology company that automates and digitizes invoice payments, accounts payable, and business spending processes. AvidXchange is well-positioned to benefit from the increasing demand for their services due to the trend toward digital transformation in the finance and accounting industry. Jump Financial LLC recently revealed in its most recent Form 13F filing with the Securities and Exchange Commission that it had acquired a stake in AvidXchange Holdings, Inc. shares.
This is Jump Financial’s first investment in AvidXchange, indicating the firm’s confidence in the long-term potential of the company. With a successful track record of providing innovative solutions and a strong customer base, AvidXchange is positioned for continued growth and success.
Stock Price
On Monday, Jump Financial LLC invested in AVIDXCHANGE HOLDINGS, Inc., a provider of cloud-based software solutions for automating accounts payable and payment processes. AVIDXCHANGE HOLDINGS stock opened at $10.4 and closed at $10.4, down by 0.6% from its previous closing price of 10.5. This investment marks the first quarter for Jump Financial LLC, who are now major shareholders in the company. This injection of capital has ignited optimism among investors, who anticipate that this will enable AvidXchange to expand their operations and further grow their customer base. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Avidxchange Holdings. More…
| Total Revenues | Net Income | Net Margin |
| 346.56 | -85.16 | -24.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Avidxchange Holdings. More…
| Operations | Investing | Financing |
| -14.61 | 34.55 | 119.89 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Avidxchange Holdings. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.09k | 1.44k | 3.2 |
Key Ratios Snapshot
Some of the financial key ratios for Avidxchange Holdings are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 28.4% | – | -19.4% |
| FCF Margin | ROE | ROA |
| -9.3% | -6.5% | -2.0% |
Analysis – Avidxchange Holdings Intrinsic Stock Value
At GoodWhale, we recently conducted an analysis of AVIDXCHANGE HOLDINGS‘s wellbeing. Our proprietary Valuation Line tool calculated that the fair value of AVIDXCHANGE HOLDINGS share is around $11.2. However, currently AVIDXCHANGE HOLDINGS stock is traded at $10.4, which is a fair price but slightly undervalued by 7.0%. This creates a good buying opportunity for investors who are looking for exposure in this industry. More…
Peers
The company was founded in 2000 and is headquartered in Charlotte, North Carolina. AvidXchange has over 700 employees and serves over 6,000 customers in North America. AvidXchange’s main competitors are i3 Verticals Inc, GreenBox POS, and Avalara Inc. These companies are all similar to AvidXchange in that they provide software solutions for businesses.
However, each company has its own unique offerings that set it apart from the others.
– i3 Verticals Inc ($NASDAQ:IIIV)
Verticals Inc is a publicly traded company with a market capitalization of 506.04 million as of 2022. The company has a return on equity of -2.68%. Verticals Inc is a provider of cloud-based software and services for businesses. The company’s software and services enable businesses to manage their operations, customers, and employees.
Summary
This is a positive sign for the company as it signals confidence in its future performance. There have also been reports of the company expanding its business-to-business (B2B) payments capabilities which could be a potential driver of future growth. Despite this, investors should remain aware of the company’s financials and note any changes in its balance sheet before investing. As with any investment, investors should weigh the risks and potential rewards before making a decision.
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