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AvePoint, Inc. provides cloud-native data management software platform in North America, Europe, the Middle East, Africa, and the Asia Pacific. It also provides platform-as-a-service architecture to address critical operational challenges and the management of data to organizations that leverage third-party cloud vendors, including Microsoft, Salesforce, Google, AWS, Box, DropBox, and others; license and support; and maintenance services. Further, it provides AvePoint confidence platform including control suite, automates data governance, enforces policies, and optimizes SaaS investments, enables expense management and reduction, and provides insight into access, risk, and entitlements across collaborative platforms; resilience suite, that supports business continuity and compliance through Backup-as-a-Service, ransomware recovery, lifecycle management, and classification-driven protection; and modernization suite, that modernizes legacy systems and processes into AI-ready, SaaS-based experiences to accelerate employee engagement, digital transformation, and productivity. AvePoint, Inc. was incorporated in 2001 and is headquartered in Jersey City, New Jersey.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $419M | $39M | $35M | $80M | 7.3% | 26.9% | - |
| 2024 | $330M | $13M | $-29M | $85M | -10.7% | 21.6% | - |
| 2023 | $272M | $-11M | $-22M | $31M | -9.7% | 17.0% | - |
| 2022 | $232M | $-30M | $-42M | $-6M | -17.1% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total Revenue | 232.34 | 271.82 | 330.48 | 419.50 |
| Cost Of Revenue | 66.28 | 77.46 | 82.53 | 108.80 |
| Gross Profit | 166.06 | 194.37 | 247.96 | 310.70 |
| Operating Expense | 207.13 | 209.72 | 240.79 | 277.66 |
| Operating Income | -41.07 | -15.35 | 7.17 | 33.03 |
| EBITDA | -30.12 | -10.66 | 12.55 | 39.24 |
| EBIT | -33.61 | -15.35 | 7.17 | 33.03 |
| Pretax Income | -33.65 | -18.61 | -24.40 | 40.50 |
| Tax Provision | 5.04 | 2.89 | 4.74 | 5.38 |
| Net Income | -41.63 | -21.73 | -29.09 | 34.80 |
| Net Income Common Stockholders | -41.63 | -21.73 | -29.09 | 34.80 |
| Total Expenses | 273.40 | 287.18 | 323.32 | 386.46 |
| Interest Expense | 0.04 | 0 | 0 | 0 |
| Interest Income | 0 | 0.03 | 0.17 | 4.57 |
| Research And Development | 31.36 | 36.34 | 48.70 | 52.59 |
| Selling General And Administration | 175.77 | 173.38 | 192.09 | 225.08 |
| Normalized EBITDA | -37.54 | -7.33 | 41.24 | 36.61 |
| Normalized Income | -47.49 | -19.09 | -6.42 | 32.52 |
| Basic EPS | -0.23 | -0.12 | -0.16 | 0.17 |
| Diluted EPS | -0.23 | -0.12 | -0.16 | 0.15 |
| Tax Effect Of Unusual Items | 1.56 | -0.70 | -6.03 | 0.35 |
| Tax Rate For Calcs | 0.21 | 0.21 | 0.21 | 0.13 |
| Total Unusual Items | 7.42 | -3.34 | -28.70 | 2.63 |
| Total Unusual Items Excluding Goodwill | 7.42 | -3.34 | -28.70 | 2.63 |
| Net Income From Continuing Operation Net Minority Interest | -41.63 | -21.73 | -29.09 | 34.80 |
| Reconciled Depreciation | 3.49 | 4.69 | 5.38 | 6.21 |
| Reconciled Cost Of Revenue | 66.28 | 77.46 | 82.53 | 108.80 |
| Net Interest Income | -0.04 | 0.03 | 0.17 | 4.57 |
| Net Income From Continuing And Discontinued Operation | -41.63 | -21.73 | -29.09 | 34.80 |
| Total Operating Income As Reported | -41.07 | -15.35 | 7.17 | 33.03 |
| Diluted Average Shares | 181.96 | 182.26 | 183.72 | 229.29 |
| Basic Average Shares | 181.96 | 182.26 | 183.72 | 207.59 |
| Diluted NI Availto Com Stockholders | -41.63 | -21.73 | -29.09 | 34.80 |
| Preferred Stock Dividends | 0 | 0 | 0 | 0 |
| Minority Interests | -2.94 | -0.22 | 0.05 | -0.32 |
| Net Income Including Noncontrolling Interests | -38.69 | -21.50 | -29.14 | 35.12 |
| Net Income Continuous Operations | -38.69 | -21.50 | -29.14 | 35.12 |
| Other Income Expense | 7.46 | -3.29 | -31.73 | 2.90 |
| Other Non Operating Income Expenses | 0.04 | 0.05 | -3.04 | 0.27 |
| Special Income Charges | 4.50 | -11.45 | -37.28 | 0.41 |
| Restructuring And Mergern Acquisition | -4.50 | 11.45 | 37.28 | -0.41 |
| Gain On Sale Of Security | 2.92 | 8.12 | 8.58 | 2.22 |
| Net Non Operating Interest Income Expense | -0.04 | 0.03 | 0.17 | 4.57 |
| Total Other Finance Cost | 0.04 | 0 | 0 | 0 |
| Interest Expense Non Operating | 0.04 | 0 | 0 | 0 |
| Interest Income Non Operating | 0 | 0.03 | 0.17 | 4.57 |
| Depreciation Amortization Depletion Income Statement | 3.08 | 0 | 0 | 0 |
| Depreciation And Amortization In Income Statement | 3.08 | 0 | 0 | 0 |
| Selling And Marketing Expense | 110.64 | 112.11 | 122.87 | 144.03 |
| General And Administrative Expense | 65.13 | 61.27 | 69.22 | 81.05 |
| Other Gand A | 65.13 | 61.27 | 69.22 | 81.05 |
| Operating Revenue | 232.34 | 271.82 | 330.48 | 419.50 |
Technology sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| AvePoint, Inc.this co. | AVPT | $2.1B | 66.13↑ premium | 4.46 | 7.3% | 42.12 |
| Vistance Networks, Inc. | VISN | $2.4B | 9.43 | -2.33 | 831.6% | 26.95 |
| Freshworks Inc. | FRSH | $2.3B | 13.10 | 2.26 | 17.8% | 50.08 |
| EverCommerce Inc. | EVCM | $2.1B | 116.00 | 2.88 | 2.5% | 22.51 |
| ZoomInfo Technologies Inc. | GTM | $2.0B | 15.07 |
| 1.24 |
| 8.2% |
| 10.02 |
| A10 Networks, Inc. | ATEN | $2.0B | 46.91 | 9.34 | 19.9% | 28.97 |
| Vertex, Inc. | VERX | $2.0B | 306.75 | 7.55 | 2.8% | 174.36 |
| BlackLine, Inc. | BL | $1.9B | 74.43 | 5.49 | 7.4% | 22.45 |
| EVERTEC, Inc. | EVTC | $1.9B | 12.84 | 2.93 | 22.8% | 7.67 |
| Peer Median | - | 30.99 | 2.90 | 13.0% | 24.73 | |