NASDAQ$AVPT

Avepoint Inc · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

Announced third quarter 2022 financial results, demonstrating growth in SaaS revenue and total revenue.

AvePoint reported a strong Q3 2022, with a 34% year-over-year growth in SaaS revenue and a 16% year-over-year growth in total revenue. The company is well-positioned to capture the market opportunity.

  • SaaS revenue grew 34% year-over-year, or 45% adjusted for constant currency.
  • Total revenue increased by 16% year-over-year, or 26% adjusted for constant currency.
  • Total ARR reached $191.7 million, a 30% year-over-year growth, or 34% adjusted for FX impact.
  • The company continues to invest in strategic growth initiatives while controlling expenses.

Headline financials

Total Revenue

$62.7M

Previous: $53.9M+16.3%
EPS (adj)

-$0.04

Previous: -$0.05+20.0%
Capital Expenditures

-$3.42M

Previous: -$1.45M-136.7%
Free Cash Flow

-$10.8M

Previous: -$11.7M+7.6%
Net Income

-$7.41M

Previous: -$10.3M+27.9%
Operating Income

-$7.43M

Previous: -$28.7M+74.1%
Gross Profit

$45.9M

Previous: $38.7M+18.6%
Cash & Equivalents

$218M

Previous: $261M-16.5%
Total Assets

$395M

Previous: $380M+3.9%
Stock-Based Comp

$9.61M

Previous: $32.7M-70.6%

Revenue & EPS history

Avepoint · Revenue · Quarterly

$62.7M

Q3 2022+16.3%vs Q3 2021
Beat estimate in 14 of 15 quarters(93%)
ActualEstimate

Revenue by segment

Avepoint · $27.6M total across 1 segment · Q2 2022

  • SaaS
    $27.6M

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2022

Historical avgQ3 2022

+0.4%

Avg return

Earnings day

+4.1%

Avg return

5 days after

+7.2%

Avg return

30 days after

63%

15 / 24 earnings

Positive

+13.8%

Q3 2024

Best reaction

-12.6%

Q3 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.6%-2.0%+4.7%
Q4 2025+4.1%+7.0%-9.1%
Q3 2025-12.6%-4.5%-3.1%
Q1 2025+8.2%+14.0%+12.4%
Q4 2024-12.5%-10.4%-14.4%
Q3 2024+13.8%+21.1%+44.3%
Q2 2024+3.0%+10.5%+17.6%
Q1 2024+1.3%+3.4%+10.5%
Q4 2023+1.3%-5.7%+0.1%
Q3 2023-4.0%+7.5%+3.5%
Q2 2023-1.9%+6.6%+14.8%
Q1 2023+3.6%+19.7%+46.0%
Q4 2022-2.2%-17.6%-21.4%
Q3 2022+3.1%+30.7%+23.7%
Q2 2022-0.7%-3.1%-14.9%
Q1 2022+3.4%+18.0%+30.5%
Q4 2021+3.9%+12.3%+0.8%
Q3 2021-9.6%-20.2%-29.4%
Q2 2021-2.9%-7.7%-5.2%
Q1 2021+1.0%+0.6%+12.5%
Q2 2020+4.0%+9.0%+4.5%
Q4 2020+4.0%+9.0%+4.5%
Q3 2020+0.4%-0.9%+38.5%
Q4 2019-0.2%+1.8%+1.3%

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