AvePoint Q2 2021 revenue $45.3M (+38% YoY); net loss $11.6M vs net income $8.0M in Q2 2020

AvePoint, Inc.

SaaS revenue grew 76% to $20.6M in Q2 2021, driving overall revenue to $45.3M from $33.0M.
Operating loss of $11.2M versus operating income of $1.5M in Q2 2020, as sales/marketing doubled to $29.0M.
Net loss available to common shareholders was $36.3M due to $24.7M in deemed dividends on preferred stock.
H1 2021 revenue $84.1M (+28% YoY); net loss $16.9M vs net income $7.3M in H1 2020.
Cash and equivalents $66.3M at June 30, 2021, down from $69.1M at Dec 31, 2020.

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