Follow. Total Revenue of $38.8 million, up 19% year-over-year Total ARR(1)of $129.2 million as of March 31, 2021, up 33% year-over-year SaaS Revenue of $18.3 million, up 78% year-over-year GAAP Operating Loss of $5.9 million; GAAP Operating Margin of (15.3)% Non-GAAP Operating Loss of $2.6 million; Non-GAAP Operating Margin(2) of (6.8)% Cash and Cash Equivalents of approximately $64.6 … MSPs: see how you can increase your services revenue with the world’s largest Microsoft 365 data management ISV! AvePoint announced the share purchase simultaneously with its preliminary first quarter 2021 financials, during which it reported “significant growth,” according to Dr. Tianyi “TJ” Jiang, CEO of AvePoint. Total Revenue of $38.8 million, up 19% year-over-year Total ARR(1)of $129.2 million as of March 31, 2021, up 33% year-over-year SaaS Revenue of $18.3 million, up 78% year-over-year GAAP Operating Loss of $5.9 million; GAAP Operating Margin of (15.3)% Non-GAAP Operating Loss of $2.6 million; Non-GAAP Operating Margin(2) of (6.8)% Cash and Cash Equivalents of approximately $64.6 … $18,259. JERSEY CITY, N.J., April 14, 2021 /PRNewswire/ — AvePoint, Inc. (“AvePoint” or the “Company”), the largest data management solutions provider for Microsoft 365, today announced AvePoint’s preliminary financial results for the first quarter ended March 31, 2021. Consolidated Statements of Operations Three Months Ended March 31, 2021. Tax Planning; Personal Finance; Save for College; Save for Retirement; Invest in Retirement Global Online And Offline Market Report 2021 – Growth, Trend and Forecast to 2027. Our core subscription revenue grew 66% year-over-year, reflecting our unique market position as a leader in digital collaboration, at a time when it is a top item on every CIO's to-do list," said Dr. Tianyi "TJ" Jiang, CEO of AvePoint. Three Months Ended March 31, 2021. JERSEY CITY, N.J., April 14, 2021 /PRNewswire/ — AvePoint, Inc. (“AvePoint” or the “Company”), the largest data management solutions provider for Microsoft 365, today announced AvePoint’s preliminary financial results for the first quarter ended March 31, 2021. 2019 (in thousands) Revenue: Subscription $ 91,023 Apex Technology Acquisition Corporation and AvePoint Announce First Quarter 2021 Financial Results. Consolidated Statements of Operations. The company is being valued at $2 billion and will trade under AVPT. "Although the Company's first quarter is historically our slowest quarter, the Company has achieved significant growth. While announcing the merger on November 23, 2020, the companies stated that they expect the transaction to … Our core subscription revenue grew 66% year-over-year, reflecting our unique market position as a leader in digital collaboration, at a time when it is a top item on every CIO's to-do list," said Dr. Tianyi "TJ" Jiang, CEO of AvePoint. In this conversation. AvePoint, Inc. and Subsidiaries Consolidated Statements of Operations Three Months Ended March 31, 2021. So we expect Avepoint valuation to be in the range of $5M-$15M. 2 AvePoint defines non-GAAP operating margin as non-GAAP operating income (loss) divided by revenue. Say yes to earning more with our Most Valuable Partner (MVP) 2021 program and Ingram Micro and AvePoint by your side. These forward -looking statements should not be relied upon as representing Apex’s and AvePoint’s assessments of any date subsequent to the date of his Presentation. AvePoint estimates GAAP operating margin for the three months ended March 31, 2021 in the range of (31.0)% to (10.6)% and (0.3)% for the three months ended March 31, 2020. [2] At the time of the announcement, AvePoint disclosed that it expects to generate approximately $148 million in total revenue for the year ending December 31, 2020, which would be an increase of approximately 26% over 2019 revenue. Verified account Protected Tweets @; Suggested users AvePoint estimates GAAP operating margin for the three months ended March 31, 2021 in the range of (32.7)% to (10.6)% and (0.3)% for the three months ended March 31, 2020. APXT and AvePoint haven’t set a firm date for their merger closure. Our core subscription revenue grew 66% year-over-year, reflecting our unique market position as a leader in digital collaboration, at a time when it is a top item on every CIO’s to-do list,” said Dr. Tianyi “TJ” Jiang, CEO of AvePoint. https://avpt.co/3w51oVO. AvePoint announced the share purchase simultaneously with its preliminary first quarter 2021 financials, during which it reported “significant growth,” according to Dr. Tianyi “TJ” Jiang, CEO of AvePoint. View Jobs at AvePoint. 901 East Byrd Street, Suite 900. 365, today announced AvePoint's financial results for the first quarter ended March 31, 2021. APXT and AvePoint haven’t set a firm date for their merger closure. Richmond, VA 23219. avepoint.com. Total ARR iii of $111.6 million as of September 30, 2020, up 30% period-over-period Apex Technology Acquisition Corporation and AvePoint, Inc. 2 AvePoint defines non-GAAP operating margin as non-GAAP operating income (loss) divided by revenue. Overview Overview 418 Reviews 56 Jobs 394 Salaries 87 Interviews 108 Benefits 82 Photos. Our core subscription revenue grew 66% year-over-year, reflecting our unique market position as a leader in digital collaboration, at a time when it is a top item on every CIO's to-do list," said Dr. Tianyi "TJ" Jiang, CEO of AvePoint. AvePoint is the largest Microsoft 365 Data Management Solutions Provider. 2020 (in thousands) Revenue: SaaS AvePoint, Inc. and Subsidiaries. Microsoft, Revenue, and the AvePoint Deal. So two more questions. ... gives Xcellent the power to grow revenue with a highly marketable service as the COVID-19 pandemic changed the remote work landscape. AvePoint, Inc. and Subsidiaries. Enhanced Profile. $18,259. If we look at the revenue for 2020, on a 7 million customer base, the company has a revenue of $148M. AvePoint has more to accomplish in terms of generating strong cash flows and earnings. AvePoint defines non-GAAP operating margin as non-GAAP operating income (loss) divided by revenue. “Although the Company’s first quarter is historically our slowest quarter, the Company has achieved significant growth. AvePoint is well-positioned to take advantage of this,” said Mr. Epstein. $10,243 2020 (in thousands) Revenue: SaaS. Chapter 1 Online And Offline Market Overview. BURLINGAME, Calif. & JERSEY CITY, N.J.--(BUSINESS WIRE)-- Apex Technology Acquisition Corporation (APXT) and AvePoint, the largest data management solutions provider for Microsoft 365, today announced preliminary, selected unaudited financial results for the full year ended December 31, 2020. Sector: Cloud Computing, IT. Apex Technology Acquisition Corporation (NASDAQ: APXT, "Apex") and AvePoint, Inc., ("AvePoint" or the "Company") the largest data management solutions provider for Microsoft 365, today announced AvePoint’s financial results for the first quarter ended March 31, 2021. AvePoint Nine Months Ended September 30, 2020 Selected Financial Results. Currently, AvePoint has 3% share of M365 users. It estimates revenue of $38.4 million–$38.8 million, well within its internal projection. Full Year Total Revenue in the range of $148 million to $151 million, up 29% year over year at the mid-point. Announce 2020 Revenue and Registration Statement on Form S-4, Stocks: NAS:APXT, release date:Feb 04, 2021 Apex Technology Acquisition Corporation and AvePoint, Inc. Confidently package secure collaboration solutions for greater revenue and margins backed by 24x7 support. AvePoint estimates GAAP operating margin for the three months ended March 31, 2021 in the range of (31.0)% to (10.6)% and (0.3)% for the three months ended March 31, 2020. AvePoint is well-positioned to take advantage of this,” said Mr. Epstein. In a couple of years, the user base is expected to double and AvePoint plans to capture 10% share with the available funding from the transaction. Financials: AvePoint is estimating revenue to grow 26% year-over-year to $148 million for fiscal 2020. Apex Technology Acquisition Corporation (NASDAQ: APXT, "Apex") and AvePoint, the largest data management solutions provider for Microsoft 365, … 11.03.2021 - Apex Technology Acquisition Corporation (NASDAQ: APXT, “Apex”) and AvePoint, the largest data management solutions provider for Microsoft 365, today announced AvePoint… But it’s just 9 times the expected 2021 revenue of $194 million and 6.7 times the 2022 expected revenue of $257 million. Again, we are deliberately being conservative by providing a range for our full year total revenue. Subscription Revenue of $59.3 million, up 62% period-over-period. 14 after the closing bell. AvePoint Nine Months Ended September 30, 2020 Selected Financial Results. However, the revenue picture is already a good one, and the company is serving a broad customer need. 2 AvePoint defines non-GAAP operating margin as non-GAAP operating income (loss) divided by revenue. PI provides a single pane for everything you need to prove that Teams, Sites, Groups, and OneDrive are under control. Cash, Cash Equivalents and Short-Term Investments of $70.1 million as of December 31, 2020; Company remains debt-free. Security and permissions audits and reports have never been easier. Our core subscription revenue grew 66% year-over-year, reflecting our unique market position as a leader in digital collaboration, at a time when it is a top item on every CIO's to-do list," said Dr. Tianyi "TJ" Jiang, CEO of AvePoint. Drive Revenue. “Although the Company’s first quarter is historically our slowest quarter, the Company has achieved significant growth. $10,243 And obviously if AvePoint, before the closing, and then once the deal closes then you get AvePoint stock, and then you have the upside and the downside of AvePoint. 2 AvePoint defines non-GAAP operating margin as non-GAAP operating income (loss) divided by revenue. AvePoint estimates GAAP operating margin for the three months ended March 31, 2021 in the range of (31.0)% to (10.6)% and (0.3)% for the three months ended March 31, 2020. The MVP program is designed to help you convert new customers, accrue revenue, earn rewards and have fun. By continuing to use our service, you agree to our use of cookies. Stockhouse.com use cookies on this site. May 18, 2021. Financials: AvePoint is estimating that revenue will grow 26% year-over-year to $148 million in fiscal 2020. Actual valuations may vary. 2 AvePoint defines non-GAAP operating margin as non-GAAP operating income (loss) divided by revenue. Avepoint's revenue in 2020 & 2021 (trailing twelve months' revenue) ranges between $5M-$10M, calculated on a gross merchandise value basis. 2 AvePoint defines non-GAAP operating margin as non-GAAP operating income (loss) divided by revenue. Apex (News - Alert) Technology Acquisition Corporation (NASDAQ: APXT, "Apex") and AvePoint, Inc., ("AvePoint" or the "Company") the largest data management solutions provider for Microsoft (News - Alert). AvePoint Announces Preliminary First Quarter 2021 Financial Results and $20.0 million APXT Share Purchase Program share: Share on Facebook Tweet on Twitter Post to Reddit AvePoint estimates GAAP operating margin for the three months ended March 31, 2021 in the range of (31.0)% to (10.6)% and (0.3)% for the three months ended March 31, 2020. AvePoint Announces Preliminary First Quarter 2021 Financial Results and $20.0 million APXT Share Purchase Program PR Newswire JERSEY CITY, N.J., April 14, 2021 Thomas Lin | Jersey City, New Jersey, United States | Chief Customer Officer at AvePoint | 500+ connections | View Thomas's homepage, profile, activity, articles While announcing the merger on November 23, 2020, the companies stated that they expect the transaction to … Chapter 3 Global Online And Offline Market Competition by Manufacturers. JERSEY CITY, N.J., April 14, 2021 /PRNewswire/ — AvePoint, Inc. (“AvePoint” or the “Company”), the largest data management solutions provider for Microsoft 365, today announced AvePoint’s preliminary financial results for the first quarter ended March 31, 2021. David. Learn how partnering with AvePoint can maximize services revenue by addressing your customers most pressing collaboration security needs to drive value and demand. 541511 Custom Computer Programming & Software Development Services. Address. 2 AvePoint defines non-GAAP operating margin as non-GAAP operating income (loss) divided by revenue. Baffle Revenue Growth Rate in Data De-identification and Pseudonymity Software Business (2016-2021) Announce 2020 Revenue and Registration Statement on Form S-4 February 04, 2021 07:00 AM Eastern Standard Time Explore the many benefits of having a premium branded profile on Glassdoor, like increased influence and advanced analytics. Total Revenue of $105.4 million, up 30% period-over-period; Recurring Revenue ii of $77.1 million, up 33% period-over-period; Subscription Revenue of $59.3 million, up 62% period-over-period; Total ARR iii of $111.6 million as of September 30, 2020, up 30% period-over-period Overhead goes under with central management of Microsoft 365 users and permissions. AvePoint, Inc. and Subsidiaries. Full year total revenue is expected to be in the range of $148 million to $151 … AvePoint estimates GAAP operating margin for the three months ended March 31, 2021 in the range of (31.0)% to (10.6)% and (0.3)% for the three months ended March 31, 2020. 2020 (in thousands) Revenue: SaaS MELBOURNE, Australia, May 19, 2021 /PRNewswire/ -- AvePoint, Inc., the largest data management solutions provider for the Microsoft cloud, today announced the AvePoint Online Services cloud platform, and its Cloud Backup, Cloud Governance, and Cloud Records solutions were assessed against the Information Security Registered. Note: Revenues for privately held companies are statistical evaluations. 2020 (in thousands) Revenue: SaaS. JERSEY CITY, N.J., April 14, 2021 /PRNewswire/ -- AvePoint, Inc. ("AvePoint" or the "Company"), the largest data management solutions provider for Microsoft 365, today announced AvePoint's preliminary financial results for the first quarter ended March 31, 2021. Total Revenue of $105.4 million, up 30% period-over-period; Recurring Revenue ii of $77.1 million, up 33% period-over-period; Subscription Revenue of $59.3 million, up 62% period-over-period; Total ARR iii of $111.6 million as of September 30, 2020, up 30% period-over-period For the quarter ended March 31, 2021, we recorded RMB52.4 million in revenue for Developer Services which represented a very strong 67% growth on a year-over-year basis. AvePoint Service providers can offer customers more capabilities than Microsoft native capabilities, enabling true secure collaboration and giving customers control over their data. Chapter 2 Global Economic Impact on Online And Offline Industry. “Although the Company’s first quarter is historically our slowest quarter, the Company has achieved significant growth. . Apex Technology Acquisition Corporation (NASDAQ: APXT, "Apex") and AvePoint, Inc., ("AvePoint" or the "Company") the largest data management solutions provider for Microsoft 365, today announced AvePoint’s financial results for the first quarter ended March 31, 2021. Total Revenue of $105.4 million, up 30% period-over-period. AvePoint Nine Months Ended September 30, 2020 Selected Financial Results. The revenue growth is 30% and the EBIT margin is 14%. Add a Review. AvePoint Announces Preliminary First Quarter 2021 Financial Results and $20.0 million APXT Share Purchase Program. 2 AvePoint defines non-GAAP operating margin as non-GAAP operating income (loss) divided by revenue. AvePoint estimates GAAP operating margin for the three months ended March 31, 2021 … AvePoint released its preliminary 2021 first quarter earnings on Apr. Recurring Revenue ii of $77.1 million, up 33% period-over-period. Try Enhanced Profile Free for a Month. The company is also forecasting revenue to hit $193 million and $257 million for fiscal 2021 and fiscal 2022, respectively. “Of over 200 public cloud companies, AvePoint is one of only five with 2020 estimated revenue in the $150 million range, 2020 estimated year-over-year growth above 25%, and 2020 estimated EBIT Margin over 10%.” Our core subscription revenue grew 66% year-over-year, reflecting our unique market position as a leader in digital collaboration, at a time when it is a top item on every CIO's to-do list," said Dr. Tianyi "TJ" Jiang, CEO of AvePoint. Chapter 4 Global Production, Revenue (Value) by Region (2014-2021) Consolidated Statements of Operations. Typically eCommerce companies are valued at 1-1.5x their trailing twelve months' gross merchandise value. Apex Technology Acquisition Corporation and AvePoint Announce First Quarter 2021 Financial Results. Spring just ended, and for many small businesses, we often look at Microsoft 365 as a suite of tools that do our dirty work when it comes to versioning, retention policies, and more. SOURCE AvePoint… “The Data De-identification and Pseudonymity Software Market 2021-2027 is the fresh report by fusionmarketresearch.com that is formulated with the exact understanding of customer requirements. AvePoint is estimating revenue to grow 26% year-over-year to $148 million for fiscal 2020. But we think there’s a lot of upside. AvePoint was the only provider supporting those types of backups. AvePoint Announces Preliminary First Quarter 2021 Financial Results and $20.0 million APXT Share Purchase Program share: Share on Facebook Tweet on Twitter Post to Reddit 2 AvePoint defines non-GAAP operating margin as non-GAAP operating income (loss) divided by revenue. AvePoint estimates GAAP operating margin for the three months ended March 31, 2021 in the range of (31.0)% to (10.6)% and (0.3)% for the three months ended March 31, 2020. Future Scope of Multi-Factor Authentication Market 2021 Outlook, Geographical Segmentation, Industry Size & Share, Comprehensive Analysis to 2028; Health Tourism Market Report with Detailed Insights on Size, Share, Trends and Forecast 2021 – 2027 | Key Players – Nippon Telegraph and Telephone Corporation 2 AvePoint defines non-GAAP operating margin as non-GAAP operating income (loss) divided by revenue. Avepoint's annual revenues are $10-$50 million (see exact revenue data) and has 100-500 employees. 2 AvePoint defines non-GAAP operating margin as non-GAAP operating income (loss) divided by revenue. AvePoint Announces Preliminary First Quarter 2021 Financial Results and $20.0 million APXT Share Purchase Program PR Newswire JERSEY CITY, N.J., April 14, 2021 Three Months Ended March 31, 2021. However, while Apex and AvePoint may elect to update these forward-looking statements at some point in the future, Apex and AvePoint specifically disclaim any obligation to do so. AvePoint Revenue Growth Rate in Data De-identification and Pseudonymity Software Business (2016-2021) Figure 64. Report, audit, and fix issues in bulk to save time and money. Announce 2020 Revenue and Registration Statement on Form S-4 2 AvePoint defines non-GAAP operating margin as non-GAAP operating income (loss) divided by revenue. Get Started. The new company will be named AvePoint and will trade on the Nasdaq Stock Market under the symbol AVPT once the deal closes in the first quarter of 2021. AvePoint, Inc. and Subsidiaries: Consolidated Statements of Operations Year ended December 31, 2020. Apex Technology Acquisition Corporation and AvePoint, Inc.
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