secwatch.observer — SEC 8-K summary
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Issuer:     AvePoint, Inc. (AVPT)
CIK:        0001777921
Form:       8-K/A
Filed at:   2021-08-10T23:59:59+00:00
Accession:  0001437749-21-019307
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1777921/000143774921019307/0001437749-21-019307-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1777921/000143774921019307/avpt20210719_8ka.htm
  HTML page:      https://secwatch.observer/filing/0001437749-21-019307

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