SaaS revenue rose 38% y-o-y to US$84 million, accounting for 77% of total sales, as customers increased investment in governance and AI-readiness tools. Management says interest remains strong in products linked to Microsoft Copilot and AI-governance capabilities, especially among regulated enterprises preparing for large-scale AI deployment.
AvePoint, a third-party data management provider for Microsoft 365, beat 3QFY2025 profit estimates by 30%, supported by operating leverage from subscription growth and disciplined cost control.
Adjusted operating income climbed 35% year-on-year (y-o-y) to US$24.1 million, exceeding the consensus estimate of US$18.5 million. Operating margin widened to 22%, from 20.1% in the previous quarter and well above the 17.5% forecast as software-as-a-service (SaaS) revenue reached its largest share of total sales and the company reduced spending across sales and administrative functions.
