Report exposes critical gap between AI ambitions and operational reality, as data security and accuracy issues drive deployment delaysJERSEY CITY, N.J., Oct. 08, 2025 (GLOBE NEWSWIRE) -- AvePoint (Nasdaq: AVPT; SGX: AVP), the global leader in data security, governance, and resilience, today announced the results of its annual report, The State of AI in 2025: Go Beyond the Hype to Navigate Trust, Security, and Value. The report revealed a striking disconnect between AI ambitions and execution: while organiza ...

Tech Edge hosted a fireside chat on Oct. 2 at Nasdaq MarketSite with Mario Carvajal, Chief Strategy and Marketing Officer at AvePoint, Inc. (Nasdaq: AVPT). The in-person interview was joined by Editor-in-Chief John Jannarone and they discussed cybersecurity reimagined with AI, preparation for going public, introducing data security layer and more. Watch the interview below, or click HERE:   About AvePoint, Inc. (Nasdaq: AVPT) Beyond Secure. AvePoint is the global leader in data security, governance, and ...

Core Points - AvePoint has made history by becoming the first B2B SaaS stock listed on the Singapore Exchange (SGX) and the first company to achieve a dual listing on both Nasdaq and SGX [1][3][4] - The SGX listing is part of AvePoint's global expansion strategy, aimed at broadening its customer, partner, and investor base in response to increasing demand for data protection technology [2][3] - AvePoint's presence in Singapore, established in 2009, serves as its Asia Headquarters and International R&D Hub, driving innovation in data security, governance, and resilience [2][5] Company Performance - AvePoint's secondary offering of shares was more than three times oversubscribed, indicating strong investor interest, with shares priced at SGD 19.50 each [4] - The company has over 25,000 customers globally, relying on the AvePoint Confidence Platform for data management across various collaboration environments [5] Industry Context - The dual listing on SGX reflects AvePoint's strong track record in the Asia Pacific region and highlights Singapore's role as a key international hub for capital and innovation [3][4] - The listing is expected to enhance AvePoint's visibility and support its growth in the rapidly evolving technology landscape in Asia [2][3]

Group 1 - AvePoint announced a public offering of 13,290,360 shares at a price of S$19.50 per share, aimed at listing on the Singapore Exchange (SGX-ST) [1][2][3] - The shares are expected to begin trading on the SGX-ST on September 19, 2025, under the symbol "AVP" [2] - The primary purpose of the offering is to create a market for AvePoint's common stock on the SGX-ST, with the company not receiving any proceeds from the offering [3] Group 2 - KEM Phoenix, LLC has granted underwriters an option to purchase an additional 1,993,550 shares within 30 days from the SGX-ST listing date to cover over-allotments [2] - Jefferies LLC, Morgan Stanley & Co. LLC, Oversea-Chinese Banking Corporation Limited, and UBS Securities LLC are acting as joint global coordinators and bookrunners for the offering [3] Group 3 - A registration statement on Form S-3 was filed with the SEC and became effective on September 15, 2025, with a preliminary prospectus supplement available on the SEC's website [4] - The final prospectus supplement reflecting the final terms of the offering will also be filed with the SEC [4] Group 4 - AvePoint is recognized as a global leader in data security, governance, and resilience, serving over 25,000 customers worldwide [6] - The company has a global channel partner program that includes approximately 5,000 managed service providers and resellers, with solutions available in over 100 cloud marketplaces [6]

AvePoint FY Conference Summary Company Overview - **Company**: AvePoint (NasdaqGS:AVPT) - **Industry**: Cybersecurity and Data Management Key Points and Arguments Cyber Resilience and Demand Drivers - Cyber resilience remains a significant demand driver, especially post-Delta incident, with ongoing complexities due to AI advancements and cyber threats [5][6] - The nature of digital systems means they cannot be proven fully secure, highlighting the need for continuous improvement in cybersecurity measures [5] Competitive Landscape and Vendor Consolidation - AvePoint differentiates itself by offering a comprehensive suite of services beyond backup and ransomware recovery, including data archiving, governance, and lifecycle management [7][8] - Competitors like Cohesity and Rubrik are expanding into security, but AvePoint maintains a unique position by focusing on enterprise content management and governance [9] Importance of Data Quality for AI - Successful AI deployment relies on high-quality, relevant data, with a focus on continuous training and refinement [10][11] - AvePoint's solutions help organizations manage data hygiene, which is crucial for effective AI applications [11] Regulatory Compliance and Governance - New regulations like DORA and the EU Act are driving demand for governance solutions, with AvePoint providing tools to demonstrate compliance and maintain data lineage [20][21] - The company has helped clients save millions in fines by ensuring compliance with regulations such as ITAR [23] Market Penetration and Growth Opportunities - AvePoint currently holds about 20% of the Microsoft productivity cloud market in regulated industries, with significant growth potential in both regulated and non-regulated sectors [24][31] - The company is expanding its presence in the SMB segment, which now accounts for 40% of its revenue, and is seeing rapid growth in EMEA and APAC regions [25][29] Multi-Cloud Strategy - Less than 10% of AvePoint's business comes from non-Microsoft clouds (Google, AWS, Salesforce), indicating a substantial opportunity for growth in multi-cloud environments [33] - The company is enhancing its platform to support various cloud services, responding to customer demand for comprehensive data protection across different environments [36] Risk Posture and Command Center - The newly launched Risk Posture and Command Center provides organizations with insights into their data governance and compliance status, offering risk scores and policy recommendations [41][42] - This tool is particularly valuable for CISOs and CIOs, enabling proactive management of data security [43] Future Growth and Investment Strategy - AvePoint aims to reach $1 billion in annual recurring revenue (ARR) by 2029, with a projected compound annual growth rate (CAGR) of 25% [44] - The company plans to achieve this through organic growth, channel expansion, and potential acquisitions to enhance its market position [45] Marketing and Brand Awareness - Increased investments in digital marketing and account-based marketing are being made to enhance brand visibility and customer engagement [47] - The channel strategy is crucial for driving sales efficiency and expanding market reach [48] Additional Important Insights - AvePoint's holistic approach to data protection and governance positions it well in a fragmented competitive landscape [17][19] - The company emphasizes the importance of proactive remediation and policy adjustments based on real-time signals to enhance cybersecurity readiness [19][42]

Core Insights - AvePoint has launched a modernized Global Partner Program aimed at enhancing partner growth and service delivery in response to increasing demand for data security, governance, and AI enablement [1][8] - The managed IT services market is projected to grow by 12.6% to exceed US$600 billion, highlighting the strategic importance of this transition for AvePoint and its partners [2] - The new points-based program focuses on rewarding partner engagement and activities that drive success, rather than solely on revenue [3][7] Company Initiatives - The new program is designed to help partners capitalize on opportunities in high-value service engagements by rewarding engagement metrics [3][4] - Key benefits of the program include flexible advancement through tiers based on engagement, comprehensive enablement with access to technical resources, and business development support for advanced partners [7] - Early participants in the pilot program have reported significant benefits, including structured paths for onboarding and training [5][6] Market Context - The shift towards managed IT services is driven by organizations seeking specialized expertise in data security and governance, as well as AI readiness [2] - AvePoint's enhancements to its partner program are part of a broader strategy that includes acquisitions and new product launches to strengthen its channel ecosystem [8]

Financial Performance & Growth - AvePoint's total Annual Recurring Revenue (ARR) reached $327 million in 2024, demonstrating a 23% Compound Annual Growth Rate (CAGR) from 2022 [35] - The company's Non-GAAP operating margin improved significantly to 144% in 2024, a 1560 basis points increase since 2022 [37] - As of Q2 2025, total ARR grew 27% year-over-year to $3676 million [82] - The company is aiming for $1 billion of ARR by 2029 [76, 78] Customer Base & Market - AvePoint has rapidly built a diverse customer base, reaching 25,178 total customers in 2024, reflecting a 21% CAGR from 2022 [27] - North America contributes 44% of the total ARR, with a 22% ARR CAGR [32] - The company operates in a large and growing addressable market, estimated at $813 billion in 2024 and projected to reach $140 billion by 2028, representing a 146% CAGR [21] Product & Strategy - AvePoint is positioned as a leading one-stop solution for data management, focusing on data security, governance, and protection [18, 19] - The company employs a platform-first strategy to maximize the interoperability of every solution [43] - The company's recurring revenue mix continues to grow, with SaaS revenue representing 73% of total revenue as of Q2 2025 [91]

Core Insights - AvePoint achieved total quarterly revenue exceeding $100 million for the first time, with second quarter total revenue reaching $102.0 million, reflecting a 31% year-over-year growth [1][5] - The company's second quarter SaaS revenue was $77.3 million, marking a 44% year-over-year increase [1][5] - AvePoint's total Annual Recurring Revenue (ARR) stood at $367.6 million, representing a 27% year-over-year growth [1][5] Financial Performance - Gross profit for the second quarter was $75.5 million, with a GAAP gross margin of 74.0%, slightly down from 75.7% in the same quarter of the previous year [5][26] - GAAP operating income was $7.1 million, compared to a loss of $(2.1) million in the second quarter of 2024, resulting in a GAAP operating margin of 7.0% [5][26] - Non-GAAP operating income for the second quarter was $18.8 million, with a non-GAAP operating margin of 18.4%, up from 11.2% in the prior year [5][26] Business Highlights - The AvePoint Confidence Platform was expanded with new features including Risk Posture, Optimization & ROI, and advanced AI security capabilities [5] - The company was recognized in Inc.'s Best Workplaces list for the second consecutive year, highlighting its commitment to creating exceptional workplace culture [5] - AvePoint aims to reach $1 billion in ARR by 2029, indicating strong growth potential and strategic focus [2][5] Financial Outlook - The company raised its full-year guidance for revenue and non-GAAP operating income, reflecting strong second quarter performance [6] - For the full year 2025, total revenue is expected to be between $406.6 million and $410.6 million, representing a year-over-year growth of 23% to 24% [11]

Core Viewpoint - AvePoint has completed the redemption of its publicly traded warrants, which were issued as part of its predecessor company's initial public offering, at a redemption price of $0.01 per warrant [1][2]. Group 1: Redemption Details - The redemption of warrants was announced on June 11, 2025, with a total of 1,242,994 warrants outstanding at that time [2]. - Out of the outstanding warrants, 1,053,498 were exercised, generating approximately $12.1 million in cash proceeds [2]. - As of the redemption date, 189,496 warrants remained unexercised, which were redeemed for an aggregate price of approximately $1,895 [2]. Group 2: Trading and Delisting - Following the redemption, the warrants ceased trading on the Nasdaq Global Select Market and will be delisted, effective July 11, 2025 [3]. - AvePoint's common stock continues to trade on Nasdaq under the symbol "AVPT" [3]. Group 3: Company Overview - AvePoint is recognized as a global leader in data security, governance, and resilience, serving over 25,000 customers worldwide [4]. - The company offers solutions that enable organizations to prepare, secure, and optimize their critical data across various collaboration environments, including Microsoft, Google, and Salesforce [4]. - AvePoint's global channel partner program includes over 5,000 managed service providers and resellers, with solutions available in more than 100 cloud marketplaces [4].

Core Viewpoint - AvePoint, a leader in data security, governance, and resilience, is set to report its Q2 2025 financial results on August 7, 2025, after market close [1]. Group 1: Financial Results Announcement - The company will host a conference call at 4:30 PM ET on the same day to discuss the Q2 2025 results, current business trends, and a Q&A session [2]. - A live webcast of the conference call will be available on AvePoint's Investor Relations website, with a replay accessible for approximately 90 days [3]. Group 2: Company Overview - AvePoint serves over 25,000 customers globally, providing solutions that prepare, secure, and optimize critical data across platforms like Microsoft, Google, and Salesforce [4]. - The company has a global channel partner program comprising around 5,000 managed service providers, value-added resellers, and systems integrators, with solutions available in over 100 cloud marketplaces [4].