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AvePoint (AvePoint) Gross Margin % : 73.71% (As of Dec. 2023)


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What is AvePoint Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. AvePoint's Gross Profit for the three months ended in Dec. 2023 was $55.0 Mil. AvePoint's Revenue for the three months ended in Dec. 2023 was $74.6 Mil. Therefore, AvePoint's Gross Margin % for the quarter that ended in Dec. 2023 was 73.71%.


The historical rank and industry rank for AvePoint's Gross Margin % or its related term are showing as below:

AVPT' s Gross Margin % Range Over the Past 10 Years
Min: 68.65   Med: 71.5   Max: 73.41
Current: 71.5


During the past 5 years, the highest Gross Margin % of AvePoint was 73.41%. The lowest was 68.65%. And the median was 71.50%.

AVPT's Gross Margin % is ranked better than
80.06% of 2628 companies
in the Software industry
Industry Median: 41.71 vs AVPT: 71.50

AvePoint had a gross margin of 73.71% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for AvePoint was 0.00% per year.


AvePoint Gross Margin % Historical Data

The historical data trend for AvePoint's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

AvePoint Gross Margin % Chart

AvePoint Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
68.65 73.41 72.38 71.47 71.50

AvePoint Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 70.46 69.97 69.48 72.30 73.71

Competitive Comparison of AvePoint's Gross Margin %

For the Software - Infrastructure subindustry, AvePoint's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


AvePoint's Gross Margin % Distribution in the Software Industry

For the Software industry and Technology sector, AvePoint's Gross Margin % distribution charts can be found below:

* The bar in red indicates where AvePoint's Gross Margin % falls into.



AvePoint Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

AvePoint's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=194.4 / 271.825
=(Revenue - Cost of Goods Sold) / Revenue
=(271.825 - 77.46) / 271.825
=71.50 %

AvePoint's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=55 / 74.624
=(Revenue - Cost of Goods Sold) / Revenue
=(74.624 - 19.618) / 74.624
=73.71 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


AvePoint  (NAS:AVPT) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

AvePoint had a gross margin of 73.71% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


AvePoint Gross Margin % Related Terms

Thank you for viewing the detailed overview of AvePoint's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


AvePoint (AvePoint) Business Description

Traded in Other Exchanges
N/A
Address
525 Washington Boulevard, Suite 1400, Jersey City, NJ, USA, 07310
AvePoint Inc is a Microsoft 365 data management solutions provider, offering a full suite of SaaS solutions to migrate, manage and protect data. Its products include Cloud Products, Hybrid Products; and solutions include Data Protection, Operational Governance, Records & Information Management, Microsoft Teams, SharePoint Online, Exchange Online, OneDrive for Business, Project Online, Planner, Yammer, and Public Folders.
Executives
Brian Michael Brown director, officer: COO and General Counsel C/O AVEPOINT, INC., 525 WASHINGTON BOULEVARD, SUITE 1400, JERSEY CITY NJ 07310
Sixth Street Partners Management Company, L.p. 10 percent owner C/O SIXTH STREET PARTNERS, LLC, 2100 MCKINNEY AVENUE, SUITE 1500, DALLAS TX 75201
Alan Waxman 10 percent owner C/O SIXTH STREET PARTNERS, LLC, 345 CALIFORNIA STREET, SUITE 2600, SAN FRANCISCO CA 94104
Janet Schijns director 901 E BYRD STREET, SUITE 900, LEGAL DEPARTMENT, RICHMOND VA 23219
Sophia Wu officer: Chief Financial Officer C/O AVEPOINT, INC., 525 WASHINGTON BOULEVARD, SUITE 1400, JERSEY CITY NJ 07310
Tianyi Jiang director, officer: Chief Executive Officer C/O AVEPOINT, INC., 525 WASHINGTON BOULEVARD, SUITE 1400, JERSEY CITY NJ 07310
Xunkai Gong director, 10 percent owner, other: Executive Chairman C/O AVEPOINT, INC., 525 WASHINGTON BOULEVARD, SUITE 1400, JERSEY CITY NJ 07310
James Caci officer: Chief Financial Officer C/O AVEPOINT, INC., 525 WASHINGTON BLVD., SUITE 1400, JERSEY CITY NJ 07310
Zhijian Lu 10 percent owner C/O AVEPOINT, INC., 525 WASHINGTON BLVD, SUITE 1400, JERSEY CITY NJ 07310
Ho John Chi On director C/O JANCHOR PARTNERS, ONE EXCHANGE SQUARE, CENTRAL K3 1608
Jeff Teper director C/O AVEPOINT, INC., 525 WASHINGTON BOULEVARD, SUITE 1400, JERSEY CITY NJ 07310
Andy Yong officer: Chief Investment Officer C/O AVEPOINT, INC., 525 WASHINGTON BOULEVARD, SUITE 1400, JERSEY CITY NJ 07310
Stephen Cuunjieng director 1155 KAS DRIVE SUITE 100, RICHARDSON TX 75081
David K Chao director 2420 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
Peter W Bell director