NASDAQ$AVPT

Avepoint Inc · Q4 2023 earnings

Q4 2023 earnings · · Investor relations

Briefing

Financial results for the fourth quarter and full year were announced.

AvePoint reported strong Q4 and full year 2023 results, with significant SaaS and total revenue growth. The company exceeded financial guidance and demonstrated substantial cash flow generation.

  • AvePoint's Q4 results marked the strongest year as a public company.
  • The company's platform and customer demand drove financial outperformance.
  • AvePoint is positioned to drive generative AI adoption in 2024.
  • Total ARR reached $264.5 million, representing 23% year-over-year growth.

Headline financials

Total Revenue

$74.6M

Previous: $63.6M+17.3%
EPS (adj)

$0.02

Previous: -$0.07+128.6%
Capital Expenditures

-$1.06M

Previous: $433K-343.6%
Net Income

$4.27M

Previous: -$12.7M+133.6%
Operating Income

$878K

Previous: -$8.05M+110.9%
Gross Profit

$55M

Previous: $45.4M+21.2%
R&D Expense

$9.41M

No prior period
Stock-Based Comp

$9.07M

Previous: $8.93M+1.6%

Revenue & EPS history

Avepoint · Revenue · Quarterly

$74.6M

Q4 2023+17.3%vs Q4 2022
Beat estimate in 14 of 15 quarters(93%)
ActualEstimate

Revenue by segment

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

  • SaaS
    $27.6M

Forward guidance

AvePoint provided financial outlook for the first quarter and full year of 2024.

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 Q4 2023

Historical avgQ4 2023

+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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