AvidXchange Holdings Inc (NAS:AVDX)
$ 12.3 0.23 (1.91%) Market Cap: 2.54 Bil Enterprise Value: 2.24 Bil PE Ratio: 0 PB Ratio: 3.79 GF Score: 38/100

Avidxchange Holdings Inc at Goldman Sachs Communacopia + Technology Conference Transcript

Sep 12, 2022 / 05:00PM GMT
Release Date Price: $9 (+4.77%)
Unidentified Analyst

All right. I think we're going to get started here. We are very pleased to have Mike Praeger here, CEO of AvidXchange. Mike co-founded AvidXchange over 20 years ago with the goal of transforming the way that middle-market companies pay their bills. And since their successful IPO in 2021, Avid has grown payment volume by nearly 40%, I believe. So everyone, please join me in welcoming Mike to talk about the business today.

Michael Praeger
AvidXchange Holdings, Inc. - Co-Founder, Chairman, President & CEO

Yes. Excited to be here, and we're just starting. It's great getting back to these in-person conferences, and the energy here is great. So hats off to you guys leading the charge.

Unidentified Analyst;Michael Praeger

Yes. No, it feels great. It feels lively. All right. So maybe we'll kick it off. For those in the room who are maybe a little more -- a little newer to the story, could you provide a bit of background on the company maybe before we dive into some Q&A?

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