AvePoint, Inc. (AVPT)
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.
Sector: Services-Prepackaged Software
Industry: Software - Infrastructure
AvePoint, Inc.
NASDAQ:AVPTTechnology · Software - Infrastructure
+2.06%$16.85
AH Close$16.85+0.00%vs close
AH Close$16.85+0.00%vs close
Mkt Cap$3.56B
Float153.85M
O/S211.57M
Inst Own66.6%
SI7.8%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$419.5M
Net Income$35.12M
Total Assets$789.18M
Free Cash Flow$81.57M
Debt & Equity
Debt 4%
Equity 96%
Total Debt$17.45M
Total Equity$478.7M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in AVPT's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$789.18M
Liabilities$310.48M
Accounts Receivable$124.53M
Accounts Payable$3.81M
Inventory$0
PP&E (Net)$22.84M
Goodwill$37.99M
Intangible Assets$12.05M
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Revenue | $419.5M | $330.48M | $271.82M | $232.34M | $191.91M | $151.53M | $116.1M | $107.31M |
| YoY Growth | 26.9% | 21.6% | 17.0% | 21.1% | 26.6% | 30.5% | 8.2% | - |
| Cost of Revenue | $108.8M | $82.53M | $77.46M | $66.28M | $52.66M | $40.29M | $36.4M | $32.01M |
| Gross Profit | $310.7M | $247.96M | $194.37M | $166.06M | $139.25M | $111.24M | $79.7M | $75.31M |
| Gross Margin | 74.1% | 75.0% | 71.5% | 71.5% | 72.6% | 73.4% | 68.6% | 70.2% |
| Research and Development | $52.59M | $48.7M | $36.34M | $31.36M | $31.77M | $12.2M | $11.15M | $8.24M |
| Selling, General, and Administrative | $225.08M | $192.09M | $173.38M | $175.77M | $159.73M | $113.42M | $86.52M | $69.37M |
| Other | $0 | $0 | $0 | $0 | $1.24M | $1.06M | $1.05M | $0 |
| Total Operating Expenses | $277.66M | $240.79M | $209.72M | $207.13M | $192.74M | $126.68M | $98.71M | $77.61M |
| Operating Income (EBIT) | $33.03M | $7.17M | -$15.35M | -$40.37M | -$53.49M | -$15.44M | -$19.01M | -$2.31M |
| Operating Margin | 7.9% | 2.2% | -5.6% | -17.4% | -27.9% | -10.2% | -16.4% | -2.1% |
| Interest Expense | $0 | $0 | $0 | $40K | $0 | $0 | $0 | $0 |
| Interest Income | $4.57M | $166K | $26K | $0 | $102K | $41K | $56K | $21K |
| Other Income (Expense) | $7.47M | -$31.57M | -$3.26M | $6.72M | $20.7M | -$470K | -$548K | $289K |
| Income Before Tax (EBT) | $40.5M | -$24.4M | -$18.61M | -$33.65M | -$32.79M | -$15.91M | -$19.56M | -$2.02M |
| Income Tax Expense | $5.38M | $4.74M | $2.89M | $5.04M | $457K | $1.06M | $614K | $1.93M |
| Net Income | $35.12M | -$29.09M | -$21.73M | -$41.63M | -$35.22M | -$17M | -$20.17M | -$3.95M |
| Net Income Margin | 8.4% | -8.8% | -8.0% | -17.9% | -18.4% | -11.2% | -17.4% | -3.7% |
| Supplementary Data | ||||||||
| EPS | 0.17 | -0.16 | -0.12 | -0.23 | -0.48 | -0.57 | 0.07 | -0.47 |
| Diluted EPS | 0.15 | -0.16 | -0.12 | -0.23 | -0.48 | -0.57 | 0.07 | -0.47 |
| Weighted Average OS | 207.59M | 183.72M | 182.26M | 181.96M | 141.60M | 89.64M | 44.06M | 8.45M |
| EBITDA | $46.71M | -$19.02M | -$13.93M | -$30.12M | -$31.55M | -$14.38M | -$17.96M | -$809K |
| EBITDA Margin | 11.1% | -5.8% | -5.1% | -13.0% | -16.4% | -9.5% | -15.5% | -0.8% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Assets | |||||||
| Current Assets | |||||||
| Cash and Cash Equivalents | $481.06M | $290.74M | $223.16M | $227.19M | $268.22M | $69.11M | $12.16M |
| Short-Term Investments | $0 | $167K | $3.72M | $2.62M | $2.41M | $992K | $3.31M |
| Cash and Short-Term Investments | $481.06M | $290.9M | $226.88M | $229.81M | $270.63M | $70.1M | $15.47M |
| Accounts Receivable | $124.53M | $87.36M | $85.88M | $66.47M | $55.07M | $48.25M | $39.93M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $19.73M | $16.53M | $12.82M | $10.01M | $0 | $0 | $0 |
| Total Current Assets | $625.31M | $394.8M | $325.58M | $306.3M | $334.16M | $120.7M | $58.59M |
| Long-Term Assets | |||||||
| Property, Plant & Equipment Net | $22.84M | $21.24M | $19.03M | $21.39M | $3.92M | $2.66M | $2.65M |
| Goodwill | $37.99M | $17.71M | $19.16M | $18.9M | $0 | $0 | $0 |
| Intangible Assets | $12.05M | $8.89M | $10.55M | $11.08M | $0 | $0 | $0 |
| Long-Term Investments | $10.6M | $8.3M | $0 | $0 | $2.41M | $800K | $57K |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $80.39M | $68.11M | $68.27M | $57.86M | $48.25M | $44.89M | $36.78M |
| Total Long-Term Assets | $163.87M | $124.26M | $117M | $109.24M | $54.58M | $48.36M | $39.49M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $789.18M | $519.05M | $442.58M | $415.53M | $388.74M | $169.05M | $98.08M |
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts Payable | $3.81M | $2.35M | $1.38M | $1.52M | $1.82M | $774K | $898K |
| Short-Term Debt | $7.5M | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $11.87M | $6.59M | $4.69M | $5.14M | $0 | $0 |
| Current Unearned Revenue | $185.7M | $144.47M | $121.52M | $93.41M | $74.29M | $0 | $0 |
| Other Current Liabilities | $39.75M | $8.84M | $33.86M | $32.51M | $11.13M | $69.39M | $49.07M |
| Total Current Liabilities | $273.69M | $222.96M | $176.66M | $142.71M | $111.18M | $92.22M | $69.25M |
| Long-Term Liabilities | |||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $15.26M | $8.84M | $7.74M | $8.09M | $8.04M | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $100K | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $11.48M | $6.4M | $23.95M | $10.24M | $13.96M | $81.72M | $43.56M |
| Total Long-Term Liabilities | $36.79M | $25.15M | $41.07M | $29.67M | $21.99M | $81.72M | $43.56M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $310.48M | $248.11M | $217.74M | $172.38M | $133.17M | $173.94M | $112.81M |
| Stockholders' Equity | |||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $183.39M | $182.66M |
| Common Stock | $22K | $19K | $18K | $19K | $18K | $12K | $10K |
| Retained Earnings | -$510.08M | -$510.45M | -$460.5M | -$416.93M | -$375.3M | -$299.79M | -$233.96M |
| Comprehensive Income & Other | $8.37M | $576K | $3.2M | $2.01M | $2.32M | $3.28M | $2.87M |
| Other Stockholders' Equity | $988.75M | $779.58M | $671.08M | $646.05M | $625.63M | $291.83M | $219.21M |
| Total Equity | $478.7M | $269.15M | $210.6M | $229.15M | $250.35M | -$7.95M | -$14.73M |
| Minority Interest | $0 | $1.79M | $14.24M | $14.01M | $5.21M | $3.06M | $0 |
| Total Liabilities and Equity | $789.18M | $517.26M | $428.34M | $401.53M | $383.53M | $165.99M | $98.08M |
| Supplementary Data | |||||||
| Total Debt | $17.45M | $16.53M | $14.72M | $16.74M | $0 | $0 | $247K |
| Net Debt | -$463.61M | -$274.2M | -$208.44M | -$210.45M | -$268.22M | -$69.11M | -$11.91M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Operating Activities | ||||||||
| Net Income | $35.12M | -$29.14M | -$21.73M | -$38.69M | -$33.24M | -$17M | -$20.17M | -$3.95M |
| Depreciation & Amortization | $6.21M | $5.38M | $4.69M | $3.49M | $1.24M | $1.06M | $1.05M | $1.21M |
| Deferred Income Tax | -$2.24M | $498K | -$864K | $3.7M | -$175K | -$433K | -$1.61M | $0 |
| Stock-Based Compensation | $39.31M | $39.06M | $36.05M | $37.22M | $59.51M | $0 | $13.89M | $1.72M |
| Changes in Working Capital: | ||||||||
| Accounts Receivable | -$31.3M | -$4.9M | -$19.45M | -$14.39M | -$8.24M | -$8.95M | -$13.15M | -$1.14M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $156K | $0 |
| Accounts Payable | $3.38M | $16.05M | $609K | -$2.55M | $10.63M | $0 | $7.78M | $0 |
| Other Working Capital | $17.57M | $17.6M | $16.41M | $8.67M | -$4M | $10.25M | $9.34M | -$1.04M |
| Total Working Capital Change | -$10.35M | $28.75M | -$2.43M | -$8.27M | -$1.62M | $1.3M | $4.13M | -$2.17M |
| Other Non-Cash Items | $17.21M | $44.34M | $18.98M | $1.77M | -$20.68M | $34.19M | $665K | -$15K |
| Net Cash from Operating | $85.26M | $88.89M | $34.69M | -$774K | $5.03M | $19.12M | -$2.05M | -$3.21M |
| Investing Activities | ||||||||
| Capital Expenditures | -$3.68M | -$3.04M | -$2.09M | -$3.85M | -$2.46M | -$1.02M | -$1.08M | -$456K |
| Acquisitions | -$14.89M | $0 | $0 | -$18.57M | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$167K | -$1.82M | -$4.75M | -$180.97M | -$916K | $0 | -$398K | $0 |
| Sales of Investments | $167K | $5.35M | $2.62M | $183.55M | $0 | $2.39M | $0 | $482K |
| Other Investing Activities | -$1.62M | -$3.09M | -$1.43M | -$1.61M | $0 | -$1 | $0 | $0 |
| Net Cash from Investing | -$20.2M | -$2.6M | -$5.65M | -$21.45M | -$3.38M | $1.37M | -$1.48M | $26K |
| Financing Activities | ||||||||
| Debt Repaid | - | $6K | $64K | $39K | $3.02M | -$4.57M | $82K | $80K |
| Common Stock Issuance | $185.9M | $0 | $0 | $0 | -$99.85M | $66.79M | $33.67M | $97K |
| Common Stock Repurchases | -$49.75M | -$33.05M | -$39.04M | -$19.93M | -$132.55M | -$33.71M | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | -$12.16M | $17.52M | $5.43M | $2.82M | $564.97M | -$2.09M | -$4.68M | $0 |
| Net Cash from Financing | $123.99M | -$15.54M | -$33.67M | -$17.15M | $198.62M | $35.56M | -$94K | $17K |
| Forex Effect | $1.28M | -$3.18M | $595K | -$1.66M | -$1.17M | $12.07M | -$590K | -$360K |
| Net Change in Cash | $190.32M | $67.57M | -$4.03M | -$41.03M | $199.1M | $68.12M | -$4.22M | -$3.53M |
| Supplementary Data | ||||||||
| Operating Cash Flow | $85.26M | $88.89M | $34.69M | -$774K | $5.03M | $19.12M | -$2.05M | -$3.21M |
| Capital Expenditure | -$3.68M | -$3.04M | -$3.52M | -$5.46M | -$2.46M | -$1.02M | -$1.08M | -$456K |
| Free Cash Flow | $81.57M | $85.85M | $31.17M | -$6.24M | $2.57M | $18.1M | -$3.13M | -$3.67M |
| Cash at Beginning | $290.74M | $223.16M | $227.19M | $268.22M | $69.11M | $995K | $16.38M | $19.9M |
| Cash at End | $481.06M | $290.74M | $223.16M | $227.19M | $268.22M | $69.11M | $12.16M | $16.38M |