On this page of StockholderLetter.com we present the latest annual shareholder letter from AvePoint, Inc. — ticker symbol AVPT. Reading current and past AVPT letters to shareholders can bring important insights into the investment thesis.

 •  3/14/2025 Letter Continued (Full PDF)
 •  3/31/2023 AVPT Stockholder Letter
 •  3/19/2024 AVPT Stockholder Letter
 •  More "Miscellaneous" Category Stockholder Letters
 •  AVPT Benford's Law Stock Score = 87

AVPT Shareholder/Stockholder Letter Transcript:

ANNUAL REPORT

AvePoint, Inc. 202  Annual Report

Dear AvePoint
Shareholders
Businesses today     of all sizes, in all regions, and across every
industry     face a host of challenges as they continue along
critical digital transformations that rely heavily on managing and
protecting data. These include moving to hybrid cloud systems,
the explosive growth of data, advanced cybersecurity threats,
complex regulations, and the need for automation.
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year. Rapid innovation is making large language models more
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AI, and value will ultimately accrue to organizations not with the
best large language models, but with the highest quality data.
These are complex and challenging times, and as companies
navigate this evolving landscape, they need a technology partner
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AvePoint is that partner. Our expertise in data security,
governance, and resilience enables businesses to unlock the
full potential of their data, accelerate transformation, and drive
innovation securely. By integrating cutting-edge technologies
and robust data management strategies, we position businesses
for unprecedented success.
The need for high-quality data only strengthens AvePoint   s role
in the AI value chain. Our holistic approach to AI deployment
integrates data security, governance, and business continuity
solutions into an easy-to-deploy platform, making AvePoint the
preferred provider worldwide. This approach, the foundation of
our Beyond Secure philosophy, solves the problems of traditional
data management, which often involves piecemeal solutions that
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tackling these challenges, we build trust and enable our
customers to focus on innovation and competitive advantage
without worrying about their data.
Our results in 2024 demonstrate our ability to balance strong
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AvePoint. Our total ARR reached $327 million, growing 25%
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APAC), and all three customer segments (enterprise, mid-market
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were $330.5 million, up 22% on a constant currency basis, and
included SaaS revenues of $230.7 million, which grew 44% on a
constant currency basis. Non-GAAP operating margins of 14.4%
represented year-over-year expansion of more than 600 basis
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a year ahead of schedule.
In short, AvePoint is exhibiting the maturity, sophistication, and
characteristics of a true multinational technology company. The
strong foundation we   ve established over the last 20-plus years
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Today, more than 25,000 customers rely on the AvePoint
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environments. Our nearly 3,000 AvePointers around the world do
not take this responsibility lightly. We are grateful for the trust our
customers, partners, and shareholders place in us, and I   m proud
of our team   s continued hard work and commitment to advance
the digital workplace, capture growing markets, and prioritize
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As we look ahead, we are ready for AvePoint   s next milestone
- $1 billion dollars in ARR, which we are targeting to achieve by
2029. The entire team of AvePointers is laser focused on this
opportunity, and to propel us forward toward this goal, we are
focusing on several strategic priorities:
1. accelerating customer adoption and retention by
streamlining our solutions approach;
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enhanced capabilities     particularly as we scale our multicloud ecosystem approach;
3. the continued scaling of our channel ecosystem, including
a newly revamped partner program;
4. broadening our market and geographic presence to drive
greater adoption and new logo acquisition; and
5. making strategic acquisitions and investments to
strengthen our SaaS business and expand our
customer reach.
These initiatives, supported by our strong balance sheet,
position us well for sustainable growth and the ability to pursue
larger, more transformational deals.
There is much to be excited about     the demand and the
market opportunity are there for us, and our relentless focus
on execution and enabling companies to adapt and compete in
today   s dynamic landscape leave us well positioned to continue
driving shareholder value in 2025 and the years to come.
Thank you for your continued support, and best wishes to you
and your families.
Best Regards,
Dr. Tianyi Jiang (TJ)

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 3/14/2025 Letter Continued (Full PDF)