AVPT Q1 2023 Earnings — AvePoint, Inc. Revenue & Financial Results | Market Cap Arena

AVPTAvePoint, Inc.

$2B

Q1 2023 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$60M+18.5% YoY

Gross Profit

$42M70.0% margin

Operating Income

-$9M-14.8% margin

Net Income

-$9M-15.4% margin

EPS (Diluted)

$-0.05

QoQ Revenue Growth

-6.3%

Cash Flow

Operating Cash Flow

$1M

Free Cash Flow

$766,000

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$402M

Total Liabilities

$160M

Stockholders' Equity

$227M

Cash & Equivalents

$229M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$60M	$50M	+18.5%
Gross Profit	$42M	$35M	+18.6%
Operating Income	-$9M	-$14M	+34.8%
Net Income	-$9M	-$12M	+21.2%

Revenue Segments

SaaS [Member

$36M73%

Service

$10M20%

Maintenance

$3M7%

Geographic Segments

North America

$24M41%

EMEA

$19M33%

Asia Pacific

$16M26%