AvePoint Inc

For the period ended Dec 31, 2024. Filed Feb 28, 2025.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Feb 28, 2025

AVPT$16.81+1.6%Stored close · as of Nov 9, 2026

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Contents

Consolidated Statements of Operations

(In thousands, except per share amounts)

	For the Year Ended
	December 31,
	2024	2023	2022
Revenue:
SaaS	$230,667	$160,961	$117,180
Term license and support	44,560	52,744	57,214
Services	44,036	44,795	41,283
Maintenance	11,219	13,325	16,662
Total revenue	330,482	271,825	232,339
Cost of revenue:
SaaS	41,544	35,924	27,313
Term license and support	1,584	1,946	2,006
Services	38,757	38,807	36,037
Maintenance	641	783	920
Total cost of revenue	82,526	77,460	66,276
Gross profit	247,956	194,365	166,063
Operating expenses:
Sales and marketing	122,869	112,105	110,638
General and administrative	69,222	61,271	65,132
Research and development	48,699	36,340	31,359
Total operating expenses	240,790	209,716	207,129
Income (loss) from operations	7,166	(15,351)	(41,066)
Other (expense) income, net	(31,565)	(3,263)	7,416
Loss before income taxes	(24,399)	(18,614)	(33,650)
Income tax expense	4,743	2,887	5,038
Net loss	$(29,142)	$(21,501)	$(38,688)
Net (loss) income attributable to noncontrolling interest	(52)	224	2,942
Net loss available to common stockholders	$(29,090)	$(21,725)	$(41,630)
Basic and diluted loss per share	$(0.16)	$(0.12)	$(0.23)
Basic and diluted shares used in computing loss per share	183,721	182,257	181,957

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.