AvePoint's stock surged 3.96% in pre-market trading following the release of its impressive financial results for the fiscal year 2025.
The company reported a significant turnaround, with GAAP operating profit swinging to approximately S$33.0 million from S$7.2 million a year earlier. Full-year revenue grew 27% year-on-year to S$419.5 million, driven by strong software-as-a-service (SaaS) momentum. Non-GAAP operating income also rose to S$79.2 million, resulting in an improved operating margin of 18.9%.
Looking ahead, management provided optimistic guidance for FY2026, targeting annual recurring revenue between S$525.1 million and S$531.1 million, representing 26-27% year-on-year growth. The company also outlined longer-term ambitions to double ARR to S$1 billion by 2029. Strategic initiatives include expanding platform capabilities for AI data governance and pursuing strategic acquisitions to fuel further growth.