AvePoint Financial and Strategic Overview slide image

AvePoint Financial and Strategic Overview

Summary Financial Profile (US$ in millions) YTD 2019 YTD 2020 2019A 2020E 2021E 2022E '19A - '22E Total Revenue $51 $66 $117 $148 $193 $257 30% % Growth 29% 26% 30% 33% Recurring Revenue¹ $36 $49 $83 $115 $157 $220 38% % Growth 34% 39% 36% 40% % of Revenue 71% 74% 71% 78% 81% 85% Gross Profit $36 $46 $81 $107 $139 $191 33% % Margin 70% 71% 69% 72% 72% 74% EBIT (Non-GAAP)² ($7) ($4) $21 $8 $17 % of Revenue (13%) 6% (3%) 14% 4% 7% Source: AvePoint Management. Note: YTD metrics as of June 30, 2019 and 2020. 1) Includes subscription, maintenance, and distribution channel revenues. 2) See appendix for GAAP to non-GAAP reconciliation. ▲ Ave Point 19 19
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