AvePoint, Inc. AVPT
AvePoint is a global provider of modern data protection, enabling organizations to secure, govern, and operationalize data at scale across major cloud ecosystems. Customers rely on the AvePoint Confidence Platform to reduce risk, improve operational efficiency, and accelerate digital transformation as they adopt cloud collaboration and artificial intelligence ("AI")-driven advanced tools and workflows.
As organizations embed AI into core business processes, data becomes both a strategic asset and a growing source of risk. AI can amplify the impact of poor data hygiene, including sensitive data exposure, compliance failures, and operational disruption. Enterprises increasingly require a modern data foundation where data is discoverable, classified, governed, protected, and recoverable by design.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $419.5M | $330.5M | $271.8M | $232.3M | $191.9M | $151.5M | $116.1M | — |
| Cost of revenue | $108.8M | $82.5M | $77.5M | $66.3M | $53.0M | $40.3M | $36.4M | — |
| Gross profit | $310.7M | $248.0M | $194.4M | $166.1M | $138.9M | $111.2M | $79.7M | — |
| R&D | $52.6M | $48.7M | $36.3M | $31.4M | $32.1M | $12.2M | $11.1M | — |
| SG&A | $81.0M | $69.2M | $61.3M | $65.1M | $59.4M | $36.9M | $24.6M | — |
| Total operating expenses | $277.7M | $240.8M | $209.7M | $207.1M | $192.4M | $126.7M | $98.7M | — |
| Operating income | $33.0M | $7.2M | -$15.4M | -$41.1M | -$53.5M | -$15.4M | -$19.0M | — |
| Interest expense | $4.6M | $166.0K | $26.0K | $40.0K | $102.0K | — | — | — |
| Pre-tax income | $40.5M | -$24.4M | -$18.6M | -$33.6M | -$32.8M | -$15.9M | -$19.6M | — |
| Income tax | $5.4M | $4.7M | $2.9M | $5.0M | $457.0K | $1.1M | $614.0K | — |
| Net income | $34.8M | -$29.1M | -$21.7M | -$38.7M | -$35.2M | -$17.0M | -$20.2M | — |
| EPS, basic | 0.17 | -0.16 | -0.12 | -0.23 | -0.48 | -0.57 | -1.72 | — |
| EPS, diluted | 0.15 | -0.16 | -0.12 | — | -0.48 | -0.57 | -1.72 | — |
| Shares, diluted (wtd. avg.) | 229.3M | 183.7M | 182.3M | 182.0M | 141.6M | 89.6M | 74.0M | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $481.1M | $290.7M | $223.2M | $227.2M | $268.2M | $69.1M | $994.8K | — |
| Short-term investments | — | $167.0K | $3.7M | $2.6M | $2.4M | $992.0K | — | — |
| Receivables | $124.5M | $87.4M | $85.9M | $66.5M | $55.1M | $48.2M | — | — |
| Total current assets | $625.3M | $394.8M | $325.6M | $306.3M | $334.2M | $120.7M | $1.2M | — |
| Property, plant and equipment | $6.0M | $5.3M | $5.1M | $5.5M | $3.9M | $2.7M | — | — |
| Goodwill | $38.0M | $17.7M | $19.2M | $18.9M | $0 | — | — | — |
| Other intangibles | $12.1M | $8.9M | $10.5M | $11.1M | $0 | — | — | — |
| Total assets | $789.2M | $519.1M | $442.6M | $415.5M | $388.7M | $169.1M | $353.0M | — |
| Accounts payable | $3.8M | $2.4M | $1.4M | $1.5M | $1.8M | $774.0K | $5.0K | — |
| Total current liabilities | $273.7M | $223.0M | $176.7M | $142.7M | $111.2M | $92.2M | $618.2K | — |
| Total liabilities | $310.5M | $248.1M | $217.7M | $172.4M | $133.2M | $148.9M | $34.7M | — |
| Retained earnings | -$510.1M | -$510.4M | -$460.5M | -$416.9M | -$375.3M | -$299.8M | $3.0M | — |
| Total equity | $478.7M | $270.9M | $218.8M | $229.1M | $250.4M | -$192.8M | -$198.7M | -$142.8M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $85.3M | $88.9M | $34.7M | -$774.0K | $5.0M | $19.1M | -$2.1M | — |
| Depreciation and amortisation | $3.0M | $2.9M | $2.6M | $2.1M | $1.2M | $1.1M | $1.0M | — |
| Stock-based compensation | $39.3M | $39.1M | $36.0M | $37.2M | $59.5M | $33.8M | $13.9M | — |
| Capital expenditure | $3.7M | $3.0M | $2.1M | $3.9M | $2.5M | $1.0M | $1.1M | — |
| Investing cash flow | -$20.2M | -$2.6M | -$5.6M | -$21.5M | -$3.4M | $1.4M | -$1.5M | — |
| Financing cash flow | $124.0M | -$15.5M | -$33.7M | -$17.1M | $198.6M | $35.6M | -$94.0K | — |
| Buybacks | $49.8M | $33.1M | $39.0M | $19.9M | $1.6M | $0 | $0 | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001437749-26-005907.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $116.1M | $151.5M | $191.9M | $232.3M | $271.8M | $330.5M | $419.5M |
| Gross profit | — | $79.7M | $111.2M | $138.9M | $166.1M | $194.4M | $248.0M | $310.7M |
| Net income | — | -$20.2M | -$17.0M | -$35.2M | -$38.7M | -$21.7M | -$29.1M | $34.8M |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Results announced Item 2.02
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced Item 2.02
- Results announced Item 2.02
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Results announced Item 2.02
- Other event Item 8.01
- Other event Item 8.01
- Other event Item 8.01
- Results announced Item 2.02
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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