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Sep 30, 2021

Avepoint Q3 2021 Earnings Report

AvePoint announced its Q3 2021 financial results, achieving record revenue and significant year-over-year growth in subscription revenue.

Key Takeaways

AvePoint reported a record quarter with total revenue of $54 million and a 79% year-over-year increase in subscription revenue. The company is capitalizing on the growing market opportunity to manage and protect digital collaboration data.

Achieved eleventh consecutive record quarter.

Total revenue reached $54 million.

Subscription revenue grew by 79% year-over-year.

Company focuses on managing and protecting digital collaboration data.

Total Revenue
$53.9M
Previous year: $105M
-48.8%
EPS
-$0.05
Previous year: $0.78
-106.4%
Gross Profit
$38.7M
Previous year: $75.7M
-48.9%
Cash and Equivalents
$261M
Previous year: $469K
+55474.3%
Free Cash Flow
-$4.06M
Previous year: -$1.81M
+124.6%
Total Assets
$380M
Previous year: $353M
+7.7%

Avepoint

Avepoint