AVPT - AvePoint, Inc.
Price:
--
--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$15.60
DETAILS
HIGH:
$18.00
LOW:
$12.00
MEDIAN:
$16.00
CONSENSUS:
$15.60
UPSIDE:
51.60%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||
| Revenue | 419.5 | 330.5 | 271.8 | 232.3 | 191.9 | 151.5 | 116.1 | 107.3 |
| Cost of Revenue | 108.8 | 82.5 | 77.5 | 66.3 | 52.7 | 40.3 | 36.4 | 32.0 |
| Gross Profit | 310.7 | 248.0 | 194.4 | 166.1 | 139.2 | 111.2 | 79.7 | 75.3 |
| Operating Expenses | ||||||||
| R&D Expenses | 52.6 | 48.7 | 36.3 | 31.4 | 31.8 | 12.2 | 11.1 | 8.2 |
| SG&A Expenses | 225.1 | 192.1 | 173.4 | 175.8 | 159.7 | 113.4 | 86.5 | 69.4 |
| Other Expenses | 0 | 0 | 0 | 0 | 1.2 | 1.1 | 1.0 | 0 |
| Operating Expenses | 277.7 | 240.8 | 209.7 | 207.1 | 192.7 | 126.7 | 98.7 | 77.6 |
| Operating Income | ||||||||
| Operating Income | 33.0 | 7.2 | (15.4) | (40.4) | (53.5) | (15.4) | (19.0) | (2.3) |
| Interest Expense | 0 | 0 | 0 | 0.0 | 0 | 0 | 0 | 0 |
| Interest Income | 0 | 0.2 | 0.0 | 0 | 0.1 | 0.0 | 0.1 | 0.0 |
| Profitability | ||||||||
| EBITDA | 46.7 | 12.5 | (10.7) | (30.1) | (52.3) | (14.4) | (18.0) | (0.8) |
| EBIT | 40.5 | 7.2 | (15.4) | (33.6) | (53.5) | (15.4) | (19.0) | (2.0) |
| Income Before Tax | 40.5 | (24.4) | (18.6) | (33.6) | (32.8) | (15.9) | (19.6) | (2.0) |
| Income Tax Expense | 5.4 | 4.7 | 2.9 | 5.0 | 0.5 | 1.1 | 0.3 | 1.9 |
| Net Income | 35.1 | (29.1) | (21.7) | (41.6) | (35.2) | (17.0) | 3.0 | (3.9) |
| Per Share Data | ||||||||
| EPS (Basic) | 0.17 | -0.16 | -0.12 | -0.23 | -0.48 | -0.57 | 0.07 | -0.47 |
| EPS (Diluted) | 0.15 | -0.16 | -0.12 | -0.23 | -0.48 | -0.57 | 0.07 | -0.47 |
| Shares Outstanding | 207.6 | 183.7 | 182.3 | 182.0 | 141.6 | 89.6 | 44.1 | 8.4 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Current Assets | |||||||
| Cash & Cash Equivalents | 481.1 | 290.7 | 223.2 | 227.2 | 268.2 | 69.1 | 12.2 |
| Short-Term Investments | 0 | 0.2 | 3.7 | 2.6 | 2.4 | 1.0 | 3.3 |
| Net Receivables | 124.5 | 87.4 | 85.9 | 66.5 | 55.1 | 48.2 | 39.9 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 19.7 | 16.5 | 12.8 | 10.0 | 0 | 0 | 0 |
| Total Current Assets | 625.3 | 394.8 | 325.6 | 306.3 | 334.2 | 120.7 | 58.6 |
| Non-Current Assets | |||||||
| Property, Plant & Equipment | 22.8 | 21.2 | 19.0 | 21.4 | 3.9 | 2.7 | 2.7 |
| Goodwill | 38.0 | 17.7 | 19.2 | 18.9 | 0 | 0 | 0 |
| Intangible Assets | 12.1 | 8.9 | 10.5 | 11.1 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 8.3 | 0 | 0 | 2.4 | 0.8 | 0.1 |
| Other Non-Current Assets | 91.0 | 68.1 | 68.3 | 57.9 | 48.2 | 44.9 | 36.8 |
| Total Non-Current Assets | 163.9 | 124.3 | 117.0 | 109.2 | 54.6 | 48.4 | 39.5 |
| Total Assets | 789.2 | 519.1 | 442.6 | 415.5 | 388.7 | 169.1 | 98.1 |
| Current Liabilities | |||||||
| Account Payables | 3.8 | 2.4 | 1.4 | 1.5 | 1.8 | 0.8 | 0.9 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue | 185.7 | 144.5 | 121.5 | 93.4 | 74.3 | 0 | 0 |
| Other Current Liabilities | 84.2 | 8.8 | 33.9 | 32.5 | 11.1 | 69.4 | 49.1 |
| Total Current Liabilities | 273.7 | 223.0 | 176.7 | 142.7 | 111.2 | 92.2 | 69.2 |
| Non-Current Liabilities | |||||||
| Long-Term Debt | 9.9 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 26.8 | 6.4 | 23.9 | 10.2 | 14.0 | 81.7 | 43.6 |
| Total Non-Current Liabilities | 36.8 | 25.2 | 41.1 | 29.7 | 22.0 | 81.7 | 43.6 |
| Total Liabilities | 310.5 | 248.1 | 217.7 | 172.4 | 133.2 | 173.9 | 112.8 |
| Stockholders' Equity | |||||||
| Common Stock | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Retained Earnings | (510.1) | (510.4) | (460.5) | (416.9) | (375.3) | (299.8) | (234.0) |
| Accumulated Other Comprehensive Income | 8.4 | 0.6 | 3.2 | 2.0 | 2.3 | 3.3 | 2.9 |
| Total Stockholders' Equity | 478.7 | 269.2 | 210.6 | 229.1 | 250.4 | (7.9) | (14.7) |
| Total Liabilities & Equity | 789.2 | 519.1 | 442.6 | 415.5 | 388.7 | 169.1 | 98.1 |
| Debt Metrics | |||||||
| Total Debt | 9.9 | 16.5 | 14.7 | 16.7 | 0 | 0 | 0.2 |
| Net Debt | (471.1) | (274.2) | (208.4) | (210.4) | (268.2) | (69.1) | (11.9) |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | 35.1 | (29.1) | (21.7) | (38.7) | (33.2) | (17.0) | (20.2) | (3.9) |
| Depreciation & Amortization | 6.2 | 5.4 | 4.7 | 3.5 | 1.2 | 1.1 | 1.0 | 1.2 |
| Stock-Based Compensation | 39.3 | 39.1 | 36.0 | 37.2 | 59.5 | 33.8 | 13.9 | 1.7 |
| Change in Working Capital | (10.4) | 28.8 | (2.4) | (8.3) | (1.6) | 1.3 | 4.1 | (2.2) |
| Other Non-Cash Items | 17.2 | 44.3 | 19.0 | 1.8 | (20.7) | 0.4 | 0.7 | 4.6 |
| Operating Cash Flow | 85.3 | 88.9 | 34.7 | (0.8) | 5.0 | 19.1 | (2.1) | (3.2) |
| Investing Activities | ||||||||
| Capital Expenditure | (3.7) | (3.0) | (3.5) | (5.5) | (2.5) | (1.0) | (1.1) | (0.5) |
| Acquisitions | (14.9) | 0 | 0 | (18.6) | 0 | 0 | 0 | 0 |
| Purchases of Investments | (0.2) | (1.8) | (4.7) | (181.0) | (0.9) | 0 | (0.4) | 0 |
| Sales/Maturities of Investments | 0.2 | 5.4 | 2.6 | 183.6 | 0 | 2.4 | 0 | 0.5 |
| Other Investing Activities | (1.6) | (3.1) | (1.4) | (1.6) | 0 | 0 | 0 | 0.5 |
| Investing Cash Flow | (20.2) | (2.6) | (5.6) | (21.5) | (3.4) | 1.4 | (1.5) | 0.0 |
| Financing Activities | ||||||||
| Net Debt Issuance | 0 | (0.0) | (0.1) | (0.0) | (3.0) | 2.8 | (0.1) | (0.1) |
| Stock Repurchased | (49.8) | (33.1) | (39.0) | (19.9) | (1.6) | (33.7) | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | (12.2) | 17.5 | 5.4 | 2.8 | 333.4 | 0.2 | (4.7) | 0 |
| Financing Cash Flow | 124.0 | (15.5) | (33.7) | (17.1) | 198.6 | 35.6 | (0.1) | 0.0 |
| Cash Position | ||||||||
| Net Change in Cash | 190.3 | 67.6 | (4.0) | (41.0) | 199.1 | 57.0 | (4.2) | (3.5) |
| Cash at Beginning | 290.7 | 223.2 | 227.2 | 268.2 | 69.1 | 12.2 | 16.4 | 19.9 |
| Cash at End | 481.1 | 290.7 | 223.2 | 227.2 | 268.2 | 69.1 | 12.2 | 16.4 |
| Free Cash Flow | 81.6 | 85.8 | 31.2 | (6.2) | 2.6 | 18.1 | (3.1) | (3.7) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||
| Revenue | 419.5 | 330.5 | 271.8 | 232.3 | 191.9 | 151.5 | 116.1 | 107.3 |
| Gross Profit | 310.7 | 248.0 | 194.4 | 166.1 | 139.2 | 111.2 | 79.7 | 75.3 |
| Operating Income | 33.0 | 7.2 | (15.4) | (40.4) | (53.5) | (15.4) | (19.0) | (2.3) |
| Net Income | 35.1 | (29.1) | (21.7) | (41.6) | (35.2) | (17.0) | 3.0 | (3.9) |
| EPS (Diluted) | 0.15 | -0.16 | -0.12 | -0.23 | -0.48 | -0.57 | 0.07 | -0.47 |
| Balance Sheet | ||||||||
| Cash & Equivalents | 481.1 | 290.7 | 223.2 | 227.2 | 268.2 | 69.1 | 12.2 | |
| Total Assets | 789.2 | 519.1 | 442.6 | 415.5 | 388.7 | 169.1 | 98.1 | |
| Total Debt | 9.9 | 16.5 | 14.7 | 16.7 | 0 | 0 | 0.2 | |
| Stockholders' Equity | 478.7 | 269.2 | 210.6 | 229.1 | 250.4 | (7.9) | (14.7) | |
| Cash Flow | ||||||||
| Operating Cash Flow | 85.3 | 88.9 | 34.7 | (0.8) | 5.0 | 19.1 | (2.1) | (3.2) |
| Capital Expenditure | (3.7) | (3.0) | (3.5) | (5.5) | (2.5) | (1.0) | (1.1) | (0.5) |
| Free Cash Flow | 81.6 | 85.8 | 31.2 | (6.2) | 2.6 | 18.1 | (3.1) | (3.7) |