AvePoint Investor Presentation Deck slide image

AvePoint Investor Presentation Deck

29 LFFF #Total ARR Select Definitions AvePoint calculates annual recurring revenue ("ARR") at the end of a particular period as the annualized sum of contractually obligated Annual Contract Value ("ACV") from SaaS, term license and support and maintenance revenue sources from all active customers. O Recurring Revenue Total recurring revenue consists of revenue from SaaS, term license and support, and maintenance revenues. â’¸AvePoint, Inc. All rights reserved. Proprietary information of AvePoint, Inc. ES Dollar-Based Net Retention Rate This metric is calculated by starting with the ARR from all active customers as of 12 months prior to such period end, or Prior Period ARR. We then calculate ARR from these same customers as of the current period end, or Current Period ARR. Current Period ARR includes any expansion and is net of contraction or attrition over the last 12 months but excludes ARR from new customers in the current period. We then divide the total Current Period ARR by the total Prior Period ARR to arrive at the dollar- based net retention rate. Non-GAAP Operating Expense AvePoint defines non-GAAP operating expense as GAAP operating expense minus stock-based compensation and the amortization of acquired intangible assets. Financials 6
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