{ "docId": "019de515-e503-71fb-ac71-cbf254e985a0", "docSlug": "edf9e888bdca8a341859ad4a38f7c940", "documentTitle": "AvidXchange | Investor Day Presentation Deck | 100 slides", "authorId": "avidxchange", "authorName": "AvidXchange", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "investor_relations", "sourceTypeLabel": "Investor relations", "presentationDate": "2023-06-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.2938006, "pageNumber": 3, "pageCount": 100, "prevPage": 2, "nextPage": 4, "slideType": "disclaimer", "function": "front_matter", "density": "overcrowded", "nDataPoints": 0, "notes": null, "elementsJson": null, "metadataConfidence": 1, "imagePath": null, "slideHref": "/slides/019de515-e503-71fb-ac71-cbf254e985a0/3", "deckHref": "/decks/019de515-e503-71fb-ac71-cbf254e985a0", "deckJsonHref": "/decks/019de515-e503-71fb-ac71-cbf254e985a0.json", "deckAnchorHref": "/decks/019de515-e503-71fb-ac71-cbf254e985a0#slide-3", "components": [ { "bbox": { "h": 0.02, "w": 0.11, "x": 0.857, "y": 0.802 }, "kind": "image", "text": null, "attrs": null, "subkind": "logo", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "ef01944a-177b-4e80-96d8-da23dc4b3c45", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.07, "w": 0.934, "x": 0.034, "y": 0.589 }, "kind": "paragraph", "text": "This Presentation contains estimates, projections and other information concerning the Company's industry and its business, as well as data regarding market research, estimates and forecasts prepared by the Company's management. Information that is based on estimates, forecasts, projections, market research or similar methodologies is inherently subject to uncertainties and actual events or circumstances may differ materially from events and circumstances that are assumed in this information.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "3eccd118-8b9a-4b45-a9f6-fc1e3a949562", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.03, "w": 0.934, "x": 0.034, "y": 0.22 }, "kind": "paragraph", "text": "The material in this presentation (this \"Presentation\") has been made available to you with the consent of AvidXchange Holdings, Inc. (the \"Company\") for informational purposes only.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "4b21d9c4-a4c0-4eb9-987a-0fa7ffb70e37", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.16, "w": 0.934, "x": 0.034, "y": 0.26 }, "kind": "paragraph", "text": "Forward-Looking Statements\nThis Presentation contains \"forward-looking statements\" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. In this context, forward-looking statements generally relate to future events or our future financial or operating performance and prospects, including our guidance and 3 and 5 year milestones, targets and objectives, and often contain words such as: \"anticipate,\" \"strive to achieve,\" \"intend,\" \"plan,\" \"goal,\" \"objectives,\" \"outlook,\" \"seek,\" \"believe,\" \"project,\" \"estimate,\" \"expect,\" \"future,\" \"likely,\" \"may,\" \"should,\" \"will\" and similar words and phrases indicating future results. The information presented in this Presentation related to our expectations of future performance and other statements that are not purely statements of historical fact, are forward-looking in nature. These forward-looking statements are made on the basis of management's current expectations, assumptions, estimates and projections and are subject to significant risks and uncertainties that could cause actual results to differ materially from those anticipated in such forward-looking statements. We therefore cannot guarantee future results, performance or achievements.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "e7f8ce55-1208-411c-bf79-90105ae30ef7", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.14, "w": 0.934, "x": 0.034, "y": 0.435 }, "kind": "paragraph", "text": "Factors which could cause actual results or effects to differ materially from those reflected in forward-looking statements include, but are not limited to, the risk factors and other cautionary statements described, from time to time, in the Company's filings with the Securities and Exchange Commission (\"SEC\"), including, without limitation, the Company's Annual Report on Form 10-K, Quarterly Report on Form 10-Q filed for the period ended March 31, 2023, and other documents filed with the SEC, which may be obtained on the investor relations section of our website (https://ir.avidxchange.com/) and on the SEC website at www.sec.gov. Any forward-looking statements made by us in this Presentation are based only on information currently available to us and speak only as of the date they are made, and we assume no obligation to update any of these statements in light of new information, future events or otherwise unless required under the federal securities laws.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "f0edfb2b-a90b-40bc-99ec-6721ee24d817", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.11, "w": 0.934, "x": 0.034, "y": 0.68 }, "kind": "paragraph", "text": "Non-GAAP Measures and Other Performance Metrics\nThis presentation contains certain non-GAAP measures, including free cash flow, non-GAAP gross profit and non-GAAP gross margin, Adjusted EBITDA, non-GAAP Adjusted EBITDA gross margin, which are provided to assist in an understanding of the business, performance and projections of AvidXchange. These measures should only be considered as supplemental to, and not as superior to, financial measures prepared in accordance with GAAP. Please refer to the Appendix and footnotes of this presentation for a reconciliation of the non-GAAP financial measures included in this presentation to the most directly comparable financial measures prepared in accordance with GAAP.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "f46cd3c3-734e-4302-9077-5596e492f92b", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.013, "w": 0.007, "x": 0.034, "y": 0.809 }, "kind": "source-note", "text": "3", "attrs": null, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "74f9396d-00e5-40f7-ba08-eb0ee52e0c1b", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.013, "w": 0.18, "x": 0.079, "y": 0.809 }, "kind": "source-note", "text": "AvidXchange Holdings, Inc. 2023", "attrs": null, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "a6a15e75-4c7c-4dbb-98ac-1798050c1497", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.03, "w": 0.187, "x": 0.034, "y": 0.176 }, "kind": "title", "text": "Disclaimer", "attrs": null, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "695a04c0-18c9-47dd-ae0a-f5af05bd9981", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [], "frameworks": [], "arcBeats": [], "loops": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }