earnings
confidence high
sentiment neutral
materiality 0.75
AvePoint Q4/FY2021: Revenue $191.9M (+27%), SaaS revenue +64%, ARR +34%, $150M buyback
AvePoint, Inc.
- Full year 2021 revenue $191.9M, up 27% YoY; SaaS revenue $85.6M, up 64% YoY.
- Total ARR $159.2M, up 34% YoY; dollar-based net retention rate 110%, up 3 points.
- GAAP operating loss $53.5M vs $15.4M in 2020; Non-GAAP operating income $6.0M vs $18.3M.
- Board authorized $150M share repurchase program over three years.
- Q1 2022 revenue guidance $48-49M (~25% growth); FY2022 revenue guidance $236-242M (~25% growth).