AvePoint Inc (AVPT) Reports Strong SaaS Growth and Improved Profitability in Full Year 2023 [Yahoo! Finance]
AvePoint, Inc. - Class A (AVPT)
Company Research
Source: Yahoo! Finance
Annual Recurring Revenue (ARR) : 23% year-over-year growth to $264.5 million, 24% adjusted for FX. Operating Income/Loss : GAAP operating income of $0.9 million for Q4, a significant improvement from a GAAP operating loss of $(8.0) million in Q4 2022. Cash and Short-Term Investments : $226.9 million as of December 31, 2023. Cash from Operations : Generated $34.7 million for the twelve months ended December 31, 2023, compared to $(0.8) million in the prior year period. AvePoint Inc ( NASDAQ:AVPT ), a leading provider of Microsoft 365 data management solutions, announced its financial results for the fourth quarter and full year ended December 31, 2023. The company released its 8-K filing on February 29, 2024, showcasing significant growth in its SaaS revenue and overall financial health. AvePoint's full year SaaS revenue reached $161.0 million, marking a 37% increase from the previous year, while total revenue grew by 17% to $271.8 million. The company's total ARR also saw a
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AVPT
News
- AvePoint to Participate in Upcoming Investor ConferencesGlobeNewswire
- Most Shareholders Will Probably Find That The Compensation For AvePoint, Inc.'s (NASDAQ:AVPT) CEO Is Reasonable [Yahoo! Finance]Yahoo! Finance
- Most Shareholders Will Probably Find That The Compensation For AvePoint, Inc.'s (NASDAQ:AVPT) CEO Is Reasonable [Yahoo! Finance Canada]Yahoo! Finance Canada
- AvePoint to Announce First Quarter 2024 Financial Results on May 9 [Yahoo! Finance]Yahoo! Finance
- AvePoint to Announce First Quarter 2024 Financial Results on May 9GlobeNewswire
AVPT
Earnings
- 2/29/24 - Beat
AVPT
Sec Filings
- 5/2/24 - Form 4
- 4/15/24 - Form 424B3
- 4/10/24 - Form EFFECT
- AVPT's page on the SEC website