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AvePoint (AVPT)
NASDAQ:AVPT
Earnings Data
Report Date
May 08, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.05Last Year’s EPS
0.04Same Quarter Last Year
Strong Buy
Based on 6 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 27, 2025
|% Change Since: -12.00%
|Next Earnings Date:May 08, 2025
Earnings Call Sentiment|Positive
AvePoint's earnings call reflects a strong performance with significant ARR and SaaS revenue growth, improved profitability, and strategic expansion into multi-cloud environments. The acquisition of Ydentic enhances their platform capabilities. Despite some challenges with term licenses and U.S. federal exposure, the company's outlook remains positive, supported by robust demand and strategic investments.Company Guidance
During the AvePoint Inc. Fourth Quarter 2024 Earnings Call, the company provided robust guidance for 2025, highlighting projected total ARR growth between 23% to 25%, translating into net new ARR of $77.3 million, or a 24% year-over-year growth at the midpoint. They also forecast total revenues of $380 million to $388 million, indicating a growth rate of 15% to 17%, with constant currency revenue growth expected to be between 17% and 19%. The company plans to achieve a non-GAAP operating income of $52.3 million to $55.3 million, underscoring their commitment to profitable growth. Additionally, they aim to maintain a Rule of 40 score in the range of 37 to 39 on a reported basis, adjusting for FX to reflect a range of 38 to 40. These metrics demonstrate AvePoint's continued focus on leveraging strategic investments to drive long-term success while balancing immediate profitability.Accelerated Annual Recurring Revenue Growth
Total ARR growth accelerated to 24% year-over-year, with a 25% increase when adjusted for FX. Net new ARR growth was 30% year-over-year, close to the record 31% growth in the previous quarter.
Strong SaaS Revenue Performance
Fourth quarter SaaS revenue was $64.8 million, growing 43% year-over-year and representing 73% of total Q4 revenues. On a constant currency basis, SaaS revenues grew 44% year-over-year.
Improved Profitability and Cash Flow Generation
Q4 non-GAAP operating margin was 16.2%, above guidance and improved from a year ago, with record cash flow generation of $32.8 million from operating activities in Q4 and nearly $90 million for the full year.
Successful Strategic Acquisition
AvePoint acquired Ydentic to enhance multi-tenant management capabilities for Microsoft Managed Services Providers, driving competitive differentiation and economic opportunity for MSPs.
Expansion into Multi-Cloud Environments
Release of new data security solutions for Google Workspace and Google Cloud, reinforcing commitment to securing and protecting data across multi-cloud environments.
Record Gross and Net Retention Rates
Both gross and net retention rates improved to all-time highs, with gross retention rate at 89% and net retention rate at 111% adjusted for FX.
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AVPT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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AVPT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 27, 2025 | $17.08 | $14.94 | -12.53% |
| Nov 07, 2024 | $13.48 | $14.89 | +10.46% |
| Aug 08, 2024 | $10.17 | $10.06 | -1.08% |
| May 09, 2024 | $8.10 | $8.15 | +0.62% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does AvePoint (AVPT) report earnings?
AvePoint (AVPT) is schdueled to report earning on May 08, 2025, TBA Not Confirmed.
What is AvePoint (AVPT) earnings time?
AvePoint (AVPT) earnings time is at May 08, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is AVPT EPS forecast?
AVPT EPS forecast for the fiscal quarter 2025 (Q1) is 0.05.
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