Pretax income is the income that a company earns before paying income taxes. AvidXchange Holdings's pretax income for the
three
months ended in Mar. 2024 was $-0.9 Mil.
Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was $-31.1 Mil.
AvidXchange Holdings's pretax margin was -0.84%.
During the past 5 years, AvidXchange Holdings's highest Pretax Margin was -7.78%. The lowest was -82.25%. And the median was -54.33%.
AvidXchange Holdings Pre-Tax Income Historical Data
The historical data trend for AvidXchange Holdings's Pre-Tax Income 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.
Competitive Comparison of AvidXchange Holdings's Pre-Tax Income
For the Software - Infrastructure subindustry, AvidXchange Holdings's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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 Pre-Tax Income Distribution in the Software Industry
For the Software industry and Technology sector, AvidXchange Holdings's Pre-Tax Income distribution charts can be found below:
* The bar in red indicates where AvidXchange Holdings's Pre-Tax Income falls into.
AvidXchange Holdings Pre-Tax Income Calculation
This is the income that a company earns before paying income taxes.
AvidXchange Holdings's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as
Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-31.1 Mil.
* 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) Pre-Tax Income Explanation
AvidXchange Holdings's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as
During the past 5 years, AvidXchange Holdings's highest Pretax Margin was -7.78%. The lowest was -82.25%. And the median was -54.33%.
* 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 Pre-Tax Income Related Terms
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AvidXchange Holdings (AvidXchange Holdings) Business Description
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.
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