AVPTAvePoint, Inc.

$2B

Q2 2023 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$65M+16.5% YoY

Gross Profit

$45M69.5% margin

Operating Income

-$7M-10.9% margin

Net Income

-$13M-19.4% margin

EPS (Diluted)

$-0.07

QoQ Revenue Growth

+8.9%

Cash Flow

Operating Cash Flow

$8M

Free Cash Flow

$7M

Stock-Based Comp.

$10M

Balance Sheet

Total Assets

$399M

Total Liabilities

$173M

Stockholders' Equity

$211M

Cash & Equivalents

$220M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$65M	$56M	+16.5%
Gross Profit	$45M	$40M	+12.4%
Operating Income	-$7M	-$12M	+39.7%
Net Income	-$13M	-$10M	-28.0%

Revenue Segments

SaaS [Member

$38M74%

Service

$10M20%

Maintenance

$3M6%

Geographic Segments

North America

$28M44%

EMEA

$20M30%

Asia Pacific

$17M26%

AVPT Q2 2023 Earnings — AvePoint, Inc. Revenue & Financial Results | Market Cap Arena