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Apex Technology Acquisition Corporation (NASDAQ: APXT, “Apex”) and AvePoint, the largest data management solutions provider for Microsoft 365, today announced AvePoint’s financial results for the full year ended December 31, 2020.
“The fourth quarter was a strong finish to 2020 for AvePoint, closing out a year of record revenue, non-GAAP operating profit and operating cash flow generation. Our core subscription revenue grew 66% year-over-year, reflecting our unique market position as a leader in digital collaboration, at a time when it is a top item on every CIO’s to-do list,” said Dr. Tianyi “TJ” Jiang, CEO of AvePoint. “As we look to 2021, we believe the significant growth of collaboration workflow deployments in 2020 will translate into greater need for our collaboration security and governance solutions, and we are excited about the opportunity ahead.” ....

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