Tearsheet

AvePoint (AVPT)


Market Price (12/27/2025): $13.77 | Market Cap: $2.9 Bil
Sector: Information Technology | Industry: Systems Software

AvePoint (AVPT)


Market Price (12/27/2025): $13.77
Market Cap: $2.9 Bil
Sector: Information Technology
Industry: Systems Software

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.


0 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -16%
Expensive valuation multiples
P/EBITPrice/EBIT or Price/(Operating Income) ratio is 125x, P/EPrice/Earnings or Price/(Net Income) is 1,482x
1 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 25%
Significant share based compensation
SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 10%
2 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 22%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 21%
Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -4.1%
3 Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -30%
Key risks
AVPT key risks include [1] its deep reliance on the Microsoft ecosystem and the potential for Microsoft to become a direct competitor, Show more.
4 Low stock price volatility
Vol 12M is 46%
 
5 Megatrend and thematic drivers
Megatrends include Cloud Computing, and Cybersecurity. Themes include Software as a Service (SaaS), Hybrid Cloud Solutions, Show more.
 
0 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -16%
1 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 25%
2 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 22%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 21%
3 Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -30%
4 Low stock price volatility
Vol 12M is 46%
5 Megatrend and thematic drivers
Megatrends include Cloud Computing, and Cybersecurity. Themes include Software as a Service (SaaS), Hybrid Cloud Solutions, Show more.
6 Expensive valuation multiples
P/EBITPrice/EBIT or Price/(Operating Income) ratio is 125x, P/EPrice/Earnings or Price/(Net Income) is 1,482x
7 Significant share based compensation
SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 10%
8 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -4.1%
9 Key risks
AVPT key risks include [1] its deep reliance on the Microsoft ecosystem and the potential for Microsoft to become a direct competitor, Show more.

Valuation, Metrics & Events

AVPT Stock


Why The Stock Moved


Qualitative Assessment

AI Analysis | Feedback

The time period specified in the request, August 31, 2025, to December 27, 2025, is in the future. As such, definitive factual information regarding AvePoint (AVPT) stock movements and their specific causes for this future period is not available.

However, based on available forward-looking financial reports and analyst expectations covering parts of this period in 2025, several points can be highlighted regarding AvePoint's anticipated performance and market reactions.

<br><br>

<b>1. AvePoint's stock declined 3.15% following its Q3 2025 earnings release on November 6, 2025, with shares closing at $14.28 and dropping further in aftermarket trading, despite strong ARR growth and record operating margins, due to an EPS miss and potential concerns about public sector uncertainty.</b><br><br>

<b>2. AvePoint reported strong Q3 2025 financial growth, with total revenue of $109.7 million (a 24% year-over-year increase) and SaaS revenue growing 38%, but an earnings per share (EPS) of $0.06 fell short of the expected $0.07, contributing to a negative market reaction.</b><br><br>

<b>3. Despite beating Q3 2025 earnings and revenue estimates, AvePoint's stock experienced a downturn due to a "complex market reaction" to the full earnings picture, which may include mixed full-year sales guidance.</b><br><br>

<b>4. AvePoint's Q4 2024 earnings, reported on February 27, 2025, showed a significant miss on analyst expectations with a loss of -$0.09 per share against an estimate of $0.05, causing shares to plunge 13.6%.</b><br><br>

<b>5. Analyst forecasts for AvePoint (AVPT) as of December 27, 2025, predict a downward trend, with the price potentially dipping to $13.23. The overall sentiment is bearish, with the Fear & Greed Index showing "Fear".</b>

Show more

Stock Movement Drivers

Fundamental Drivers

The -10.3% change in AVPT stock from 9/26/2025 to 12/26/2025 was primarily driven by a -12.2% change in the company's P/S Multiple.
926202512262025Change
Stock Price ($)15.3513.77-10.29%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)373.07393.995.61%
P/S Multiple8.447.41-12.19%
Shares Outstanding (Mil)205.07212.00-3.38%
Cumulative Contribution-10.40%

LTM = Last Twelve Months as of date shown

Market Drivers

9/26/2025 to 12/26/2025
ReturnCorrelation
AVPT-10.3% 
Market (SPY)4.3%36.5%
Sector (XLK)5.1%33.0%

Fundamental Drivers

The -28.4% change in AVPT stock from 6/27/2025 to 12/26/2025 was primarily driven by a -32.0% change in the company's P/S Multiple.
627202512262025Change
Stock Price ($)19.2213.77-28.36%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)349.01393.9912.89%
P/S Multiple10.907.41-32.02%
Shares Outstanding (Mil)197.92212.00-7.11%
Cumulative Contribution-28.72%

LTM = Last Twelve Months as of date shown

Market Drivers

6/27/2025 to 12/26/2025
ReturnCorrelation
AVPT-28.4% 
Market (SPY)12.6%27.5%
Sector (XLK)17.0%24.5%

Fundamental Drivers

The -21.0% change in AVPT stock from 12/26/2024 to 12/26/2025 was primarily driven by a -27.0% change in the company's P/S Multiple.
1226202412262025Change
Stock Price ($)17.4313.77-21.00%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)315.92393.9924.71%
P/S Multiple10.157.41-26.99%
Shares Outstanding (Mil)183.95212.00-15.25%
Cumulative Contribution-22.84%

LTM = Last Twelve Months as of date shown

Market Drivers

12/26/2024 to 12/26/2025
ReturnCorrelation
AVPT-21.0% 
Market (SPY)15.8%47.0%
Sector (XLK)22.3%48.1%

Fundamental Drivers

The 231.8% change in AVPT stock from 12/27/2022 to 12/26/2025 was primarily driven by a 119.9% change in the company's P/S Multiple.
1227202212262025Change
Stock Price ($)4.1513.77231.81%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)222.57393.9977.02%
P/S Multiple3.377.41119.87%
Shares Outstanding (Mil)180.73212.00-17.30%
Cumulative Contribution221.88%

LTM = Last Twelve Months as of date shown

Market Drivers

12/27/2023 to 12/26/2025
ReturnCorrelation
AVPT64.9% 
Market (SPY)48.0%46.6%
Sector (XLK)53.7%44.9%

Return vs. Risk


Price Returns Compared

 202020212022202320242025Total [1]
Returns
AVPT Return52%-58%-35%100%101%-18%38%
Peers Return16%38%-12%21%26%16%150%
S&P 500 Return16%27%-19%24%23%18%114%

Monthly Win Rates [3]
AVPT Win Rate58%17%33%75%67%42% 
Peers Win Rate52%65%42%68%57%52% 
S&P 500 Win Rate58%75%42%67%75%73% 

Max Drawdowns [4]
AVPT Max Drawdown-6%-59%-43%-5%-10%-27% 
Peers Max Drawdown-34%-5%-26%-7%-9%-23% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 


[1] Cumulative total returns since the beginning of 2020
[2] Peers: HPQ, HPE, IBM, CSCO, AAPL.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/26/2025 (YTD)

How Low Can It Go

Unique KeyEventAVPTS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-78.8%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven372.1%34.1%
2022 Inflation ShockTime to BreakevenTime to Breakeven768 days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-12.4%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven14.2%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven21 days148 days

Compare to HPQ, HPE, IBM, CSCO, AAPL

In The Past

AvePoint's stock fell -78.8% during the 2022 Inflation Shock from a high on 1/14/2021. A -78.8% loss requires a 372.1% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth over time.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About AvePoint (AVPT)

AvePoint, Inc. provides Microsoft 365 data management solutions worldwide. It offers SaaS platform cloud-hosted collaboration systems by providing suite of software products. The company focuses on data protection, governance, compliance management extensions for Microsoft 365, Dynamics 365, Salesforce, and Google Workspace. In addition, the company offers software solutions for Microsoft 365, including microsoft teams, sharepoint online, exchange online, onedrive, project online, planner, yammer and other public folders. The company was incorporated in 2001 and is headquartered in Jersey City, New Jersey.

AI Analysis | Feedback

Here are 1-3 brief analogies to describe AvePoint (AVPT):

  • Veeam for Microsoft 365
  • Veritas for Microsoft 365
  • SolarWinds for Microsoft 365 management

AI Analysis | Feedback

  • AvePoint Cloud Backup: Provides comprehensive backup and granular restore capabilities for critical cloud data across platforms like Microsoft 365, Salesforce, and Dynamics 365.
  • AvePoint Migration: Offers tools and services to seamlessly migrate data and content to and within Microsoft 365, SharePoint, and other cloud environments.
  • AvePoint Governance & Compliance: Delivers solutions for information governance, records management, and data lifecycle management to ensure compliance with regulatory requirements within Microsoft 365.
  • AvePoint Workspace Management: Provides tools to manage, automate, and secure collaborative workspaces in Microsoft Teams, SharePoint, and OneDrive.

AI Analysis | Feedback

AvePoint (AVPT) sells primarily to other companies (B2B).

As a software company providing data management, migration, and protection solutions for Microsoft 365 and other cloud platforms, AvePoint serves a diverse and broad customer base globally. Due to their subscription-based Software-as-a-Service (SaaS) model, they generally do not have individual major customers that represent a significant concentration of their revenue, as indicated in their SEC filings.

Instead, AvePoint serves various categories of companies across numerous industries. These customer categories include:

  • Government and Public Sector Organizations: Including federal, state, and local government agencies that rely on Microsoft cloud services for operations and citizen services.
  • Financial Services Firms: Banks, credit unions, insurance companies, and other financial institutions that require robust data governance, compliance, and security solutions for sensitive financial data.
  • Healthcare Providers: Hospitals, clinics, pharmaceutical companies, and other healthcare organizations with stringent regulatory requirements and a need for secure, compliant data management.
  • Educational Institutions: Universities, colleges, and K-12 school districts utilizing Microsoft 365 for collaboration, learning, and administrative purposes.
  • Enterprises Across Diverse Industries: Ranging from small and medium-sized businesses (SMBs) to large multinational corporations in sectors such as technology, manufacturing, retail, and professional services, all of whom leverage Microsoft cloud ecosystems and require enhanced data management and protection.

AI Analysis | Feedback

  • Microsoft (Symbol: MSFT)
  • Amazon.com, Inc. (Symbol: AMZN)
  • Alphabet Inc. (Symbol: GOOGL)

AI Analysis | Feedback

```html

Tianyi Jiang (TJ), Chief Executive Officer

Dr. Tianyi Jiang (TJ) co-founded AvePoint in 2001 and served as Chief Operating Officer until 2009, then as Co-CEO with co-founder Kai Gong until 2020, when he became CEO. Prior to AvePoint, he held software development and architect roles at Citadel Investment Group, Moody's Analytics, Lehman Brothers, Deutsche Bank, and Lucent Technologies. His entrepreneurial journey was influenced by witnessing the 9/11 tragedy while working at Lehman Brothers. Dr. Jiang was a recipient of Ernst & Young's Entrepreneur of the Year award in New Jersey in 2010. AvePoint went public in 2020 through a merger with Apex Technology Acquisition Corp., a SPAC. The company has received investments from private equity firms, including minority stakes from Goldman Sachs and Summit Partners, a Series C investment led by TPG Sixth Street Partners, and a substantial investment from 65 Equity Partners.

Jim Caci, Chief Financial Officer

Jim Caci was appointed Chief Financial Officer of AvePoint in August 2021. He has over 25 years of experience leading strategic finance operations at both public and privately held SaaS and IT service companies. Mr. Caci previously served as the CFO of AvePoint's predecessor company from 2010 to 2013. Prior to rejoining AvePoint, he held the CFO position at Brand Value Accelerator, LLC.

Xunkai (Kai) Gong, Executive Chairman

Xunkai (Kai) Gong co-founded AvePoint with Dr. Tianyi Jiang (TJ) in 2001. He served as Co-CEO alongside TJ Jiang until 2020, at which point he assumed the role of Executive Chairman. Mr. Gong remained Executive Chairman when AvePoint went public in 2020.

Sophia Wu, Chief Accounting Officer

Sophia Wu is the Chief Accounting Officer for AvePoint. She previously served as the company's Chief Financial Officer and was instrumental in AvePoint successfully going public on Nasdaq in July 2021. Ms. Wu is a versatile financial executive with a proven record in equity and debt financing, accounting, internal controls, corporate tax, mergers & acquisitions, and international expansion. Before joining AvePoint, she worked at Deloitte & Touche, Goldman Sachs, and Deloitte.

Dux Raymond Sy, Chief Brand Officer

Dux Raymond Sy is the Chief Brand Officer of AvePoint. He joined the company in 2013 and has held various leadership positions, including Chief Marketing Officer, Chief Technology Officer, Public Sector, and Vice President, Customer Strategy & Solutions. With over 20 years of experience in business, marketing, and technology, Mr. Sy has driven organizational transformations globally. He is recognized by Microsoft as a Regional Director and Most Valuable Professional (MVP), and is the author of the book "SharePoint for Project Management" and a LinkedIn Learning course.

```

AI Analysis | Feedback

Key Risks to AvePoint (AVPT)

  1. Reliance on Microsoft Ecosystem and Potential Competition from Microsoft: AvePoint's business is highly dependent on its partnership with Microsoft and its deep integration within the Microsoft 365 environment. A significant risk is that Microsoft might develop or acquire native features that directly compete with AvePoint's core offerings, which could lead to compressed margins or slower adoption of AvePoint's products. This reliance also means that if Microsoft acquires competitors with capabilities similar to AvePoint, it could negatively impact AvePoint's customer acquisition and retention.
  2. Intense Competition in Data Protection and AI Markets: AvePoint operates in a dynamic and competitive market for cloud-native data management, governance, and backup solutions. The company faces significant competition from both established companies and emerging startups, particularly in the rapidly evolving areas of AI and data protection. This increasing competition could put pressure on AvePoint's market share and pricing.
  3. Macroeconomic Headwinds and Public Sector Uncertainty: Broader economic downturns in the technology sector can lead to reduced enterprise spending on new digital transformation projects, which could slow AvePoint's Annual Recurring Revenue (ARR) growth. Additionally, public sector uncertainty, including the potential for government shutdowns, has been identified as a factor that could impact AvePoint's federal segment and overall ARR guidance.

AI Analysis | Feedback

The continuous enhancement and integration of native data management, governance, and protection capabilities directly within Microsoft 365. Specifically, Microsoft's investment in and rollout of services such as "Microsoft 365 Backup" (currently in public preview) and the expanding functionality of "Microsoft Purview" for compliance and data governance, could diminish the reliance on third-party solutions for basic to intermediate needs. While AvePoint provides more comprehensive and granular enterprise-grade solutions, these native offerings represent a clear emerging threat by potentially reducing the total addressable market for some of AvePoint's modules and exerting competitive pressure.

AI Analysis | Feedback

AvePoint (AVPT) operates in a significant and expanding global addressable market for its data management, governance, and compliance solutions. The company's addressable market was estimated at $81.3 billion in 2024 and is projected to grow to $140.0 billion by 2028, reflecting a compound annual growth rate (CAGR) of 14.6%. This market opportunity is global, as AvePoint serves over 25,000 customers worldwide and has a global channel partner program. AvePoint's main products and services are centered around its AvePoint Confidence Platform, which helps businesses prepare, protect, and organize their data. This platform encompasses three key suites: Resilience (data security and protection), Control (data governance), and Modernization (employee productivity). These offerings address critical needs in managing human-generated data across various collaboration environments, including Microsoft, Google, and Salesforce.

AI Analysis | Feedback

AvePoint (AVPT) is expected to drive future revenue growth over the next 2-3 years through several key initiatives: * Continued SaaS Revenue Growth and Transition: AvePoint is strategically focused on expanding its Software-as-a-Service (SaaS) offerings, which has consistently been its fastest-growing revenue segment. The company has seen significant year-over-year growth in SaaS revenue and a continued shift in its overall revenue mix towards this recurring model, reflecting both new customer acquisitions and deeper engagement with existing clients. * Customer Acquisition and Expansion: A primary driver of growth will be the continued increase in its customer base and the expansion of relationships with existing customers. AvePoint has reported consistent increases in its Annual Recurring Revenue (ARR) and a growing number of customers with over $100,000 in ARR, underscoring its ability to attract new clients and grow its business with current ones. * Expansion of Platform Offerings, including AI Governance and Data Protection: AvePoint emphasizes its platform-driven approach to data governance, security, and resilience. The company is focused on launching new data protection solutions and enhancing its offerings to address the critical needs of AI governance and managing human-generated data in cloud environments. This expansion aims to meet the evolving demands of digital transformation and cloud computing. * Scaling Channel Ecosystem and Global Partner Program: Growth is also anticipated from scaling its global channel ecosystem through an enhanced Global Partner Program. A significant portion of AvePoint's incremental ARR is generated through its channel partners, indicating that strengthening these partnerships will be crucial for expanding its market reach and accelerating revenue. * Capitalizing on Large and Growing Addressable Market: AvePoint operates within a substantial and expanding addressable market driven by trends such as cloud migration, data proliferation, and the implementation of AI. Its "Confidence Platform" provides solutions that enable secure collaboration and accelerate digital transformation across major platforms like Microsoft, Google, and Salesforce, positioning the company to capture a larger share of this growing market.

AI Analysis | Feedback

Share Repurchases

  • AvePoint's Board of Directors authorized a share repurchase program on March 17, 2022, allowing the company to buy back up to $150 million of its common stock over three years.
  • During the nine months ended September 30, 2025, the company repurchased and retired 1,743,455 shares at an average price of $15.66 per share.
  • As of Q2 2025, approximately $130 million remained available under the authorized share repurchase program.

Share Issuance

  • AvePoint went public in 2021 through a business combination with Apex Technology Acquisition Corporation, which valued the company at approximately $2 billion.
  • The SPAC merger involved the issuance of shares, including up to 14,000,000 shares in a private placement in November 2020.
  • As of November 5, 2025, there were 215,789,313 shares of common stock issued and outstanding.

Inbound Investments

  • The most significant inbound investment in recent years was the company's listing on Nasdaq in 2021 through a de-SPAC transaction, effectively becoming a publicly traded entity.

Outbound Investments

  • AvePoint's strategic priorities include pursuing strategic acquisitions and investments to reach its goal of $1 billion in annual recurring revenue by 2029.
  • The company's annual recurring revenue in Q1 2025 included contributions from the acquisition of Ydentic.
  • AvePoint acquired UK-based SaaS software provider Torsion.

Capital Expenditures

  • AvePoint reported capital expenditures of $965,000 for the quarter ending June 2025.
  • For Q2 2025, capital expenditures included $2.479 million for the purchase of property and equipment and $0.812 million for the capitalization of internal-use software.
  • Capital expenditures have been modest relative to cash flow, indicating disciplined investment in tangible assets.

Better Bets than AvePoint (AVPT)

Trade Ideas

Select ideas related to AVPT. For more, see Trefis Trade Ideas.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
ENPH_11302025_Dip_Buyer_High_CFO_Margins_ExInd_DE11302025ENPHEnphase EnergyDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap
13.9%13.9%-0.9%
PD_11262025_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG11262025PDPagerDutyDip BuyDB | FCF Yield | Low D/EDip Buy with High Free Cash Flow Yield
Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap
12.0%12.0%0.0%
CRM_11212025_Dip_Buyer_FCFYield11212025CRMSalesforceDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
17.0%17.0%-0.1%
HUBS_11212025_Dip_Buyer_High_CFO_Margins_ExInd_DE11212025HUBSHubSpotDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap
11.9%11.9%0.0%
FIVN_11212025_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG11212025FIVNFive9Dip BuyDB | FCF Yield | Low D/EDip Buy with High Free Cash Flow Yield
Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap
4.1%4.1%0.0%

Recent Active Movers

More From Trefis

Peer Comparisons for AvePoint

Peers to compare with:

Financials

AVPTHPQHPEIBMCSCOAAPLMedian
NameAvePoint HP Hewlett .Internat.Cisco Sy.Apple  
Mkt Price13.7723.2624.49305.0978.16273.4051.32
Mkt Cap2.921.932.6284.9309.24,074.4158.8
Rev LTM39455,29534,29665,40257,696408,62556,496
Op Inc LTM233,6241,64411,54412,991130,2147,584
FCF LTM832,80062711,85412,73396,1847,327
FCF 3Y Avg582,9781,40011,75313,879100,5037,366
CFO LTM883,6972,91913,48313,744108,5658,590
CFO 3Y Avg623,6723,89613,49814,736111,5598,697

Growth & Margins

AVPTHPQHPEIBMCSCOAAPLMedian
NameAvePoint HP Hewlett .Internat.Cisco Sy.Apple  
Rev Chg LTM24.7%3.2%13.8%4.5%8.9%6.0%7.4%
Rev Chg 3Y Avg21.0%-3.9%6.5%2.6%3.7%1.8%3.2%
Rev Chg Q23.6%4.2%14.4%9.1%7.5%9.6%9.4%
QoQ Delta Rev Chg LTM5.6%1.1%3.7%2.1%1.8%2.1%2.1%
Op Mgn LTM5.9%6.6%4.8%17.7%22.5%31.9%12.1%
Op Mgn 3Y Avg-0.8%7.4%7.2%16.4%24.2%30.8%11.9%
QoQ Delta Op Mgn LTM-0.2%-0.2%-1.4%0.6%0.4%0.1%-0.1%
CFO/Rev LTM22.4%6.7%8.5%20.6%23.8%26.6%21.5%
CFO/Rev 3Y Avg18.1%6.8%12.7%21.4%26.1%28.4%19.8%
FCF/Rev LTM21.1%5.1%1.8%18.1%22.1%23.5%19.6%
FCF/Rev 3Y Avg16.8%5.5%4.6%18.6%24.6%25.6%17.7%

Valuation

AVPTHPQHPEIBMCSCOAAPLMedian
NameAvePoint HP Hewlett .Internat.Cisco Sy.Apple  
Mkt Cap2.921.932.6284.9309.24,074.4158.8
P/S7.40.41.04.45.410.04.9
P/EBIT125.06.819.925.122.531.323.8
P/E1,481.98.6572.736.029.941.038.5
P/CFO33.05.911.221.122.537.521.8
Total Yield0.1%14.1%2.3%5.0%5.4%2.8%3.9%
Dividend Yield0.0%2.5%2.1%2.2%2.1%0.4%2.1%
FCF Yield 3Y Avg2.4%10.6%5.5%6.4%6.0%3.1%5.7%
D/E0.00.50.70.20.10.00.2
Net D/E-0.20.30.60.20.00.00.1

Returns

AVPTHPQHPEIBMCSCOAAPLMedian
NameAvePoint HP Hewlett .Internat.Cisco Sy.Apple  
1M Rtn6.8%-1.8%14.4%0.6%2.7%-1.5%1.7%
3M Rtn-10.3%-11.9%2.7%7.9%17.0%7.1%4.9%
6M Rtn-28.4%-4.0%34.5%6.6%15.2%36.3%10.9%
12M Rtn-21.0%-27.3%14.2%39.2%33.7%6.0%10.1%
3Y Rtn231.8%-3.8%67.7%139.0%79.5%113.4%96.5%
1M Excs Rtn3.9%-5.6%12.9%-2.2%-0.0%-3.7%-1.1%
3M Excs Rtn-14.6%-16.2%-1.7%3.6%12.7%2.8%0.6%
6M Excs Rtn-40.6%-16.3%22.3%-5.7%3.0%24.0%-1.3%
12M Excs Rtn-37.1%-42.9%-0.7%25.0%19.9%-8.4%-4.6%
3Y Excs Rtn140.4%-83.5%-11.2%59.6%-1.2%28.4%13.6%

Financials

Segment Financials

Revenue by Segment
$ Mil2024202320222021
Single Segment272   
Maintenance 172123
Services 413234
Software-as-a-service (SaaS) 1178652
Term license and support 575139
Perpetual license  23
Total272232192152


Net Income by Segment
$ Mil2024202320222021
Single Segment-22   
Total-22   


Price Behavior

Price Behavior
Market Price$13.77 
Market Cap ($ Bil)2.9 
First Trading Date11/05/2019 
Distance from 52W High-31.1% 
   50 Days200 Days
DMA Price$13.58$15.90
DMA Trenddowndown
Distance from DMA1.4%-13.4%
 3M1YR
Volatility41.0%46.5%
Downside Capture121.76131.73
Upside Capture44.8689.09
Correlation (SPY)36.7%46.9%
AVPT Betas & Captures as of 11/30/2025

 1M2M3M6M1Y3Y
Beta1.321.291.291.351.121.22
Up Beta2.922.652.722.471.141.10
Down Beta1.181.321.051.351.111.26
Up Capture8%18%11%19%76%260%
Bmk +ve Days12253873141426
Stock +ve Days8192864123388
Down Capture133%135%159%159%117%105%
Bmk -ve Days7162452107323
Stock -ve Days11223460124346

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
 Comparison of AVPT With Other Asset Classes (Last 1Y)
 AVPTSector ETFEquityGoldCommoditiesReal EstateBitcoin
Annualized Return-23.0%25.0%17.8%72.1%8.6%4.4%-8.3%
Annualized Volatility46.3%27.5%19.4%19.3%15.2%17.0%35.0%
Sharpe Ratio-0.420.790.722.700.340.09-0.08
Correlation With Other Assets 47.9%46.9%6.4%17.2%31.6%22.2%

ETFs used for asset classes: Sector ETF = XLK, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
 Comparison of AVPT With Other Asset Classes (Last 5Y)
 AVPTSector ETFEquityGoldCommoditiesReal EstateBitcoin
Annualized Return-0.9%18.8%14.7%18.7%11.5%4.6%30.8%
Annualized Volatility47.3%24.7%17.1%15.5%18.7%18.9%48.7%
Sharpe Ratio0.150.690.700.970.500.160.57
Correlation With Other Assets 44.9%45.1%8.1%8.6%31.0%22.5%

ETFs used for asset classes: Sector ETF = XLK, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
 Comparison of AVPT With Other Asset Classes (Last 10Y)
 AVPTSector ETFEquityGoldCommoditiesReal EstateBitcoin
Annualized Return5.8%22.5%14.8%15.3%7.0%5.3%69.2%
Annualized Volatility45.9%24.2%18.0%14.7%17.6%20.8%55.8%
Sharpe Ratio0.290.850.710.860.320.220.90
Correlation With Other Assets 36.5%34.6%6.2%8.4%22.3%19.2%

ETFs used for asset classes: Sector ETF = XLK, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date12152025
Short Interest: Shares Quantity8,141,857
Short Interest: % Change Since 1130202511.0%
Average Daily Volume2,290,919
Days-to-Cover Short Interest3.55
Basic Shares Quantity212,001,000
Short % of Basic Shares3.8%

Earnings Returns History

Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
11/6/2025-12.7%-6.0%-1.6%
8/7/2025-18.1%-16.2%-5.3%
5/8/20258.3%12.6%12.1%
2/27/2025-12.5%-14.8%-14.4%
11/7/202410.5%17.4%37.5%
8/8/2024-1.1%8.1%15.7%
5/9/20240.6%7.5%12.3%
2/29/20240.1%-4.6%-3.2%
...
SUMMARY STATS   
# Positive887
# Negative889
Median Positive9.4%11.6%15.7%
Median Negative-11.0%-13.2%-6.2%
Max Positive17.7%19.9%37.5%
Max Negative-18.1%-20.2%-30.5%

SEC Filings

Expand for More
Report DateFiling DateFiling
93020251106202510-Q 9/30/2025
6302025807202510-Q 6/30/2025
3312025508202510-Q 3/31/2025
12312024228202510-K 12/31/2024
93020241107202410-Q 9/30/2024
6302024808202410-Q 6/30/2024
3312024509202410-Q 3/31/2024
123120232292024null 12/31/2023
93020231109202310-Q 9/30/2023
6302023809202310-Q 6/30/2023
3312023510202310-Q 3/31/2023
12312022331202310-K 12/31/2022
93020221114202210-Q 9/30/2022
6302022815202210-Q 6/30/2022
3312022516202210-Q 3/31/2022
12312021331202210-K 12/31/2021