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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% | -219.6% |
| 2024 | $330M | $13M | $-29M | $85M | -10.8% | 21.6% | 33.9% |
| 2023 | $272M | $-11M | $-22M | $31M | -10.3% | 17.0% | -47.8% |
| 2022 | $232M | $-30M | $-42M | $-6M | -18.2% | - | - |
| 2021 | - | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 232.34 | 271.82 | 330.48 | 419.50 |
| Operating Revenue | - | 232.34 | 271.82 | 330.48 | 419.50 |
| Cost Of Revenue | - | 66.28 | 77.46 | 82.53 | 108.80 |
| Gross Profit | - | 166.06 | 194.36 | 247.96 | 310.70 |
| Operating Expense | - | 207.13 | 209.72 | 240.79 | 277.66 |
| Research And Development | - | 31.36 | 36.34 | 48.70 | 52.58 |
| Selling General And Administration | - | 175.77 | 173.38 | 192.09 | 225.08 |
| Total Expenses | - | 273.40 | 287.18 | 323.32 | 386.46 |
| Operating Income | - | -41.07 | -15.35 | 7.17 | 33.03 |
| Total Operating Income As Reported | - | -41.07 | -15.35 | 7.17 | 33.03 |
| EBITDA | - | -30.12 | -10.66 | 12.55 | 39.24 |
| Normalized EBITDA | - | -37.54 | -7.33 | 41.24 | 36.61 |
| EBIT | - | -33.61 | -15.35 | 7.17 | 33.03 |
| Interest Income | 0.10 | - | 0.03 | 0.17 | 4.57 |
| Interest Expense | - | 0.04 | - | - | - |
| Net Interest Income | - | -0.04 | 0.03 | 0.17 | 4.57 |
| Other Non Operating Income Expenses | - | 0.04 | 0.05 | -3.04 | 0.27 |
| Other Income Expense | - | 7.46 | -3.29 | -31.73 | 2.90 |
| Interest Income Non Operating | 0.10 | - | 0.03 | 0.17 | 4.57 |
| Interest Expense Non Operating | - | 0.04 | - | - | - |
| Net Non Operating Interest Income Expense | - | -0.04 | 0.03 | 0.17 | 4.57 |
| Pretax Income | - | -33.65 | -18.61 | -24.40 | 40.50 |
| Tax Provision | - | 5.04 | 2.89 | 4.74 | 5.38 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 1.56 | -0.70 | -6.03 | 0.35 |
| Net Income Continuous Operations | - | -38.69 | -21.50 | -29.14 | 35.12 |
| Net Income From Continuing And Discontinued Operation | - | -41.63 | -21.72 | -29.09 | 34.80 |
| Net Income From Continuing Operation Net Minority Interest | - | -41.63 | -21.72 | -29.09 | 34.80 |
| Net Income | - | -41.63 | -21.72 | -29.09 | 34.80 |
| Net Income Common Stockholders | - | -41.63 | -21.72 | -29.09 | 34.80 |
| Net Income Including Noncontrolling Interests | - | -38.69 | -21.50 | -29.14 | 35.12 |
| Normalized Income | - | -47.49 | -19.09 | -6.42 | 32.52 |
| Diluted NI Availto Com Stockholders | - | -41.63 | -21.72 | -29.09 | 34.80 |
| Basic Average Shares | - | 181.96 | 182.26 | 183.72 | 207.59 |
| Diluted Average Shares | - | 181.96 | 182.26 | 183.72 | 229.29 |
| Reconciled Depreciation | - | 3.49 | 4.69 | 5.38 | 6.20 |
| Reconciled Cost Of Revenue | - | 66.28 | 77.46 | 82.53 | 108.80 |
| Total Unusual Items | - | 7.42 | -3.34 | -28.70 | 2.63 |
| Total Unusual Items Excluding Goodwill | - | 7.42 | -3.34 | -28.70 | 2.63 |
| Preferred Stock Dividends | 32.93 | - | - | - | - |
| Minority Interests | - | -2.94 | -0.22 | 0.05 | -0.32 |
| 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 |
| Depreciation Amortization Depletion Income Statement | 1.24 | 3.08 | - | - | - |
| Depreciation And Amortization In Income Statement | 1.24 | 3.08 | - | - | - |
| General And Administrative Expense | - | 65.13 | 61.27 | 69.22 | 81.05 |
| Other Gand A | - | 65.13 | 61.27 | 69.22 | 81.05 |
| Total Other Finance Cost | -0.10 | 0.04 | - | - | - |
| Selling And Marketing Expense | - | 110.64 | 112.10 | 122.87 | 144.03 |
Technology sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| AvePoint, Inc.this co. | AVPT | $2.3B | 66.35↑ premium | 4.82 | 7.3% | 46.83 |
| PagSeguro Digital Ltd. | PAGS | $2.5B | 1.16 | 0.17 | 14.5% | 5.00 |
| PDF Solutions, Inc. | PDFS | $2.4B | -3688.94 | 8.71 | -0.2% | 129.30 |
| Bandwidth Inc. | BAND | $2.3B | -181.49 | 5.86 | -3.2% | 69.40 |
| BigBear.ai Holdings, Inc. | BBAI | $2.3B | -7.77 |
| - |
| - |
| - |
| - |
| 3.73 |
| -48.0% |
| -8.19 |
| A10 Networks, Inc. | ATEN | $2.3B | 54.16 | 10.79 | 19.9% | 33.13 |
| LiveRamp Holdings, Inc. | RAMP | $2.2B | 15.39 | 2.31 | 15.0% | 17.01 |
| Shoals Technologies Group, Inc. | SHLS | $2.1B | 63.81 | 3.57 | 5.6% | 31.94 |
| Vertex, Inc. | VERX | $2.1B | 295.31 | 8.22 | 2.8% | 25.19 |
| Peer Median | - | 8.28 | 4.80 | 4.2% | 28.57 | |