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

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

• 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.

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.

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

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.

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.

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.