secwatch.observer — SEC 8-K summary
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Issuer:     AvePoint, Inc. (AVPT)
CIK:        0001777921
Form:       8-K
Filed at:   2024-02-29T23:59:59+00:00
Accession:  0001171843-24-001096
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AvePoint beats Q4/FY23 outlook; SaaS rev +37% YoY; guides FY24 ARR $315-321M
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- Q4 total revenue $74.6M (+17% YoY); SaaS revenue $45.3M (+37% YoY); GAAP operating income $0.9M vs loss of $(8.0M) prior year.
- FY23 total revenue $271.8M (+17% YoY); Non-GAAP op income $22.2M vs loss of $(2.9M) prior year; cash from ops $34.7M.
- ARR $264.5M (+23% YoY); dollar-based net retention rate 108% (109% adjusted for FX).
- Q1 2024 revenue guidance $71.4-73.4M; FY2024 revenue guidance $308.6-316.6M and Non-GAAP op income $27.4-30.4M.
- Launched AvePoint Opus AI-powered information lifecycle solution and AvePoint AI program; invested in A3Ventures fund.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1777921/000117184324001096/0001171843-24-001096-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1777921/000117184324001096/f8k_022924.htm
  HTML page:      https://secwatch.observer/filing/0001171843-24-001096

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer