AVPT

AvePoint, Inc.

TMT, SPAC


Presented:10/11/2021
Price:$8.56
Cap:$0.31B
Current Price:$12.28
Cap:$2.29B

Presented

Date10/11/2021
Price$8.56
Market Cap$0.31B
Ent Value$0.55B
P/E RatioN/A
Book Value$6.00
Div Yield0%
Shares O/S180.27M
Ave Daily Vol1,154,489
Short IntN/A

Current

Price$12.28
Market Cap$2.29B
AvePoint, Inc. operates as a digital collaboration innovator, which provides data management services. It develops, markets, and sells its suite of software solutions and services in North America, Europe, Australia, and Asia. The company is headquartered in Jersey City, NJ.

Publicly traded companies mentioned herein: AvePoint Inc (AVPT), Dropbox Inc (DBX), Goldman Sachs Group, Inc. (GS), Jamf Holding Corp (JAMF), Microsoft Corp (MSFT), salesforce.com Inc (CRM)

Highlights

The presenter is long shares of AvePoint Inc (AVPT), the $1.6B Microsoft 365 data management solutions provider, which he believes stands to benefit from the growing Microsoft 365 ecosystem. As AVPT increases its user base and expands within the Microsoft ecosystem (Office 365, SharePoint, Teams, etc.), he thinks AVPT’s 30% revenue guidance is achievable. The stock currently trades at ~$8.50 per share, 6.5x his 2022 revenue estimate and 4.5x his 2023 estimate, and he sees shares appreciating to $18+ per share, or 12x his 2023 revenue estimate. 

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Idea Discussion

Commentor 1 - 2 weeks ago

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