AvePoint Inc
NASDAQ:AVPT
Income Statement
Earnings Waterfall
AvePoint Inc
Income Statement
AvePoint Inc
| Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||
| Revenue |
152
N/A
|
158
+4%
|
170
+8%
|
184
+8%
|
192
+4%
|
203
+6%
|
214
+5%
|
223
+4%
|
232
+4%
|
242
+4%
|
251
+4%
|
261
+4%
|
272
+4%
|
287
+6%
|
300
+5%
|
316
+5%
|
330
+5%
|
349
+6%
|
373
+7%
|
394
+6%
|
|
| Gross Profit | |||||||||||||||||||||
| Cost of Revenue |
(40)
|
(41)
|
(43)
|
(48)
|
(53)
|
(57)
|
(60)
|
(62)
|
(65)
|
(68)
|
(73)
|
(76)
|
(77)
|
(80)
|
(79)
|
(80)
|
(83)
|
(86)
|
(94)
|
(100)
|
|
| Gross Profit |
111
N/A
|
117
+5%
|
127
+8%
|
136
+7%
|
139
+2%
|
147
+6%
|
154
+5%
|
161
+5%
|
167
+4%
|
173
+4%
|
178
+3%
|
185
+4%
|
194
+5%
|
207
+6%
|
221
+7%
|
236
+7%
|
248
+5%
|
263
+6%
|
280
+6%
|
294
+5%
|
|
| Operating Income | |||||||||||||||||||||
| Operating Expenses |
(127)
|
(138)
|
(161)
|
(193)
|
(193)
|
(208)
|
(215)
|
(201)
|
(208)
|
(209)
|
(209)
|
(209)
|
(210)
|
(216)
|
(225)
|
(233)
|
(241)
|
(249)
|
(257)
|
(270)
|
|
| Selling, General & Administrative |
(113)
|
(124)
|
(145)
|
(160)
|
(160)
|
(173)
|
(176)
|
(172)
|
(175)
|
(174)
|
(173)
|
(174)
|
(173)
|
(179)
|
(184)
|
(187)
|
(192)
|
(198)
|
(205)
|
(218)
|
|
| Research & Development |
(12)
|
(13)
|
(14)
|
(31)
|
(32)
|
(34)
|
(38)
|
(27)
|
(31)
|
(33)
|
(35)
|
(34)
|
(36)
|
(38)
|
(41)
|
(45)
|
(49)
|
(51)
|
(51)
|
(52)
|
|
| Depreciation & Amortization |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(3)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Operating Income |
(15)
N/A
|
(21)
-38%
|
(34)
-59%
|
(57)
-67%
|
(54)
+5%
|
(61)
-15%
|
(62)
-1%
|
(41)
+34%
|
(41)
-1%
|
(36)
+12%
|
(31)
+13%
|
(24)
+23%
|
(15)
+37%
|
(10)
+37%
|
(5)
+51%
|
3
N/A
|
7
+125%
|
14
+91%
|
23
+68%
|
23
+2%
|
|
| Pre-Tax Income | |||||||||||||||||||||
| Interest Income Expense |
1
|
2
|
1
|
1
|
1
|
1
|
0
|
(1)
|
0
|
1
|
2
|
5
|
0
|
0
|
(1)
|
(2)
|
(0)
|
(1)
|
(2)
|
(0)
|
|
| Total Other Income |
(1)
|
(1)
|
(1)
|
12
|
20
|
23
|
26
|
14
|
7
|
5
|
(1)
|
(5)
|
(3)
|
(2)
|
(5)
|
(8)
|
(31)
|
(33)
|
(25)
|
(17)
|
|
| Pre-Tax Income |
(16)
N/A
|
(21)
-32%
|
(34)
-62%
|
(43)
-27%
|
(33)
+24%
|
(38)
-14%
|
(36)
+4%
|
(27)
+24%
|
(34)
-23%
|
(30)
+11%
|
(30)
+2%
|
(25)
+17%
|
(19)
+24%
|
(11)
+40%
|
(11)
+1%
|
(7)
+41%
|
(24)
-270%
|
(20)
+19%
|
(4)
+81%
|
6
N/A
|
|
| Net Income | |||||||||||||||||||||
| Tax Provision |
(1)
|
(0)
|
(6)
|
6
|
(1)
|
(2)
|
(1)
|
(7)
|
(5)
|
(7)
|
(11)
|
(13)
|
(3)
|
(3)
|
(4)
|
(1)
|
(5)
|
(4)
|
(4)
|
(4)
|
|
| Income from Continuing Operations |
(17)
|
(21)
|
(40)
|
(38)
|
(33)
|
(39)
|
(38)
|
(35)
|
(39)
|
(37)
|
(40)
|
(38)
|
(22)
|
(14)
|
(15)
|
(8)
|
(29)
|
(24)
|
(8)
|
2
|
|
| Income to Minority Interest |
0
|
(0)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(2)
|
(2)
|
(1)
|
(0)
|
0
|
0
|
(0)
|
0
|
(0)
|
(1)
|
(0)
|
|
| Net Income (Common) |
(51)
N/A
|
(57)
-11%
|
(93)
-64%
|
(85)
+9%
|
(68)
+20%
|
(66)
+4%
|
(39)
+40%
|
(37)
+6%
|
(42)
-13%
|
(39)
+6%
|
(42)
-7%
|
(39)
+8%
|
(22)
+44%
|
(14)
+34%
|
(14)
-2%
|
(8)
+47%
|
(29)
-281%
|
(24)
+18%
|
(8)
+65%
|
2
N/A
|
|
| EPS (Diluted) |
-0.29
N/A
|
-0.32
-10%
|
-0.52
-63%
|
-0.47
+10%
|
-0.48
-2%
|
-0.35
+27%
|
-0.2
+43%
|
-0.19
+5%
|
-0.23
-21%
|
-0.21
+9%
|
-0.23
-10%
|
-0.21
+9%
|
-0.12
+43%
|
-0.08
+33%
|
-0.08
N/A
|
-0.04
+50%
|
-0.16
-300%
|
-0.1
+38%
|
-0.05
+50%
|
-0.01
+80%
|
|