AVPT Q1 2024 Earnings — AvePoint, Inc. Revenue & Financial Results | Market Cap Arena

AVPTAvePoint, Inc.

$2B

Q1 2024 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$75M+25.1% YoY

Gross Profit

$54M72.6% margin

Operating Income

-$3M-4.3% margin

Net Income

-$2M-2.3% margin

EPS (Diluted)

$-0.01

QoQ Revenue Growth

-0.1%

Cash Flow

Operating Cash Flow

$8M

Free Cash Flow

$7M

Stock-Based Comp.

$9M

Balance Sheet

Total Assets

$414M

Total Liabilities

$201M

Stockholders' Equity

$211M

Cash & Equivalents

$215M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$75M	$60M	+25.1%
Gross Profit	$54M	$42M	+29.8%
Operating Income	-$3M	-$9M	+63.8%
Net Income	-$2M	-$9M	+81.3%

Revenue Segments

SaaS

$51M69%

Service

$10M14%

Termed License and Support

$10M13%

Maintenance

$3M4%

Geographic Segments

North America

$30M40%

EMEA

$23M31%

Asia Pacific

$22M29%