AvePoint Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	419.5	330.48	271.83	232.34	191.91
Revenue Growth (YoY)	26.93%	21.58%	16.99%	21.07%	26.65%
Cost of Revenue	108.8	82.53	77.46	66.28	53
Gross Profit	310.7	247.96	194.37	166.06	138.91
Selling, General & Admin	225.08	192.09	173.38	175.77	160.26
Research & Development	52.59	48.7	36.34	31.36	32.14
Total Operating Expenses	277.66	240.79	209.72	207.13	192.4
Operating Income	33.04	7.17	-15.35	-41.07	-53.49
Other Non-Operating Income (Expense)	7.47	-31.57	-3.26	7.42	20.7
Total Non-Operating Income (Expense)	7.47	-31.57	-3.26	7.42	20.7
Pretax Income	40.5	-24.4	-18.61	-33.65	-32.79
Provision for Income Taxes	5.38	4.74	2.89	5.04	0.46
Net Income	34.8	-29.09	-21.73	-41.63	-68.15
Minority Interest in Earnings	-0.32	0.05	-0.22	-2.94	1.97
Net Income Attributable to Preferred Dividends	-	-	-	-	32.93
Net Income to Common	34.8	-29.09	-21.73	-41.63	-68.15
Shares Outstanding (Basic)	208	184	182	182	142
Shares Outstanding (Diluted)	229	184	182	182	142
Shares Change (YoY)	24.80%	0.80%	0.17%	28.50%	57.96%
EPS (Basic)	0.17	-0.16	-0.12	-0.23	-0.48
EPS (Diluted)	0.15	-0.16	-0.12	-0.23	-0.48
Shares Outstanding	215.08	194.07	184.65	185.28	181.82
Free Cash Flow	81.57	85.85	32.61	-4.63	2.57
Free Cash Flow Growth	-4.98%	163.29%	-	-	-85.80%
Free Cash Flow Per Share	0.36	0.47	0.18	-0.03	0.02
Gross Margin	74.06%	75.03%	71.50%	71.47%	72.38%
Operating Margin	7.87%	2.17%	-5.65%	-17.68%	-27.87%
Profit Margin	8.37%	-8.82%	-7.91%	-16.65%	-17.32%
FCF Margin	19.45%	25.98%	12.00%	-1.99%	1.34%
EBITDA	39.24	12.55	-10.66	-37.57	-52.25
EBITDA Margin	9.35%	3.80%	-3.92%	-16.17%	-27.23%
EBIT	33.04	7.17	-15.35	-41.07	-53.49
EBIT Margin	7.87%	2.17%	-5.65%	-17.68%	-27.87%
Effective Tax Rate	13.29%	-19.44%	-15.51%	-14.97%	-1.39%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

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