earnings
confidence high
sentiment positive
materiality 0.85
AvePoint Reports Q4 and Full Year 2022 Financial Results
AvePoint, Inc.
- Full year SaaS revenue $117.2M, up 37% year-over-year; total revenue $232.3M, up 21%.
- Total ARR reached $201.7M, up 27% year-over-year (32% adjusted for FX).
- Q4 2022 total revenue $63.6M, up 18% year-over-year; SaaS revenue $33.0M, up 36%.
- Non-GAAP operating loss for full year was $(2.9)M; excluding workforce reduction costs, operating income would have been $0.2M.
- Q1 2023 revenue guidance $57.5-58.5M; full year 2023 ARR guidance $238.4-244.4M.