vs

Side-by-side financial comparison of AvePoint, Inc. (AVPT) and Prairie Operating Co. (PROP). Click either name above to swap in a different company.

AvePoint, Inc. is the larger business by last-quarter revenue ($114.7M vs $77.7M, roughly 1.5× Prairie Operating Co.). AvePoint, Inc. runs the higher net margin — 13.6% vs 1.7%, a 12.0% gap on every dollar of revenue. Over the past eight quarters, Prairie Operating Co.'s revenue compounded faster (9784.4% CAGR vs 24.0%).

AvePoint is a public company headquartered in Jersey City, New Jersey, United States. It develops software products intended to add features or security to other major platforms, like Microsoft 365, Google, or Salesforce. AvePoint was founded in 2001 and went public on NASDAQ in 2020.

Prairie Farms Dairy is a dairy cooperative founded in Carlinville, Illinois, and now headquartered in Edwardsville, Illinois. As a dairy cooperative, Prairie Farms receives milk from producers and converts it into many different products, including cheese, butter, ice cream, sour cream, cottage cheese, various dips, yogurt, and fluid milk. Prairie Farms also produces and sells juices, flavored drinks, and pre-made iced tea.

AVPT vs PROP — Head-to-Head

Bigger by revenue
AVPT
AVPT
1.5× larger
AVPT
$114.7M
$77.7M
PROP
Higher net margin
AVPT
AVPT
12.0% more per $
AVPT
13.6%
1.7%
PROP
Faster 2-yr revenue CAGR
PROP
PROP
Annualised
PROP
9784.4%
24.0%
AVPT

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
AVPT
AVPT
PROP
PROP
Revenue
$114.7M
$77.7M
Net Profit
$15.6M
$1.3M
Gross Margin
73.6%
Operating Margin
12.7%
34.8%
Net Margin
13.6%
1.7%
Revenue YoY
28.6%
Net Profit YoY
191.1%
111.3%
EPS (diluted)
$0.06
$-0.44

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AVPT
AVPT
PROP
PROP
Q4 25
$114.7M
Q3 25
$109.7M
$77.7M
Q2 25
$102.0M
$68.1M
Q1 25
$93.1M
$13.6M
Q4 24
$89.2M
Q3 24
$88.8M
$0
Q2 24
$78.0M
Q1 24
$74.5M
Net Profit
AVPT
AVPT
PROP
PROP
Q4 25
$15.6M
Q3 25
$13.0M
$1.3M
Q2 25
$2.9M
$35.7M
Q1 25
$3.6M
$-2.6M
Q4 24
$-17.2M
Q3 24
$2.6M
$-11.4M
Q2 24
$-12.9M
Q1 24
$-2.0M
Gross Margin
AVPT
AVPT
PROP
PROP
Q4 25
73.6%
Q3 25
74.4%
Q2 25
74.0%
Q1 25
74.3%
Q4 24
75.4%
Q3 24
76.1%
Q2 24
75.7%
Q1 24
72.6%
Operating Margin
AVPT
AVPT
PROP
PROP
Q4 25
12.7%
Q3 25
7.4%
34.8%
Q2 25
7.0%
27.8%
Q1 25
3.5%
12.9%
Q4 24
5.4%
Q3 24
8.6%
Q2 24
-2.7%
Q1 24
-4.3%
Net Margin
AVPT
AVPT
PROP
PROP
Q4 25
13.6%
Q3 25
11.9%
1.7%
Q2 25
2.8%
52.4%
Q1 25
3.8%
-19.3%
Q4 24
-19.3%
Q3 24
3.0%
Q2 24
-16.6%
Q1 24
-2.6%
EPS (diluted)
AVPT
AVPT
PROP
PROP
Q4 25
$0.06
Q3 25
$0.06
$-0.44
Q2 25
$0.01
$0.18
Q1 25
$0.02
$-3.49
Q4 24
$-0.09
Q3 24
$0.01
$-0.68
Q2 24
$-0.07
Q1 24
$-0.01

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AVPT
AVPT
PROP
PROP
Cash + ST InvestmentsLiquidity on hand
$481.1M
$10.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$478.7M
$101.8M
Total Assets
$789.2M
$939.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AVPT
AVPT
PROP
PROP
Q4 25
$481.1M
Q3 25
$471.6M
$10.6M
Q2 25
$430.1M
$10.7M
Q1 25
$351.8M
$15.0M
Q4 24
$290.9M
Q3 24
$250.0M
$40.1M
Q2 24
$230.8M
Q1 24
$219.3M
Total Debt
AVPT
AVPT
PROP
PROP
Q4 25
Q3 25
Q2 25
$387.0M
Q1 25
$377.0M
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
AVPT
AVPT
PROP
PROP
Q4 25
$478.7M
Q3 25
$466.8M
$101.8M
Q2 25
$443.1M
$94.2M
Q1 25
$361.5M
$34.0M
Q4 24
$270.9M
Q3 24
$215.7M
$61.3M
Q2 24
$207.4M
Q1 24
$212.7M
Total Assets
AVPT
AVPT
PROP
PROP
Q4 25
$789.2M
Q3 25
$743.5M
$939.8M
Q2 25
$700.1M
$858.5M
Q1 25
$598.8M
$775.4M
Q4 24
$519.1M
Q3 24
$463.0M
$107.2M
Q2 24
$427.3M
Q1 24
$413.8M
Debt / Equity
AVPT
AVPT
PROP
PROP
Q4 25
Q3 25
Q2 25
4.11×
Q1 25
11.07×
Q4 24
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AVPT
AVPT
PROP
PROP
Operating Cash FlowLast quarter
$29.7M
$57.7M
Free Cash FlowOCF − Capex
$29.0M
FCF MarginFCF / Revenue
25.3%
Capex IntensityCapex / Revenue
0.6%
Cash ConversionOCF / Net Profit
1.90×
44.80×
TTM Free Cash FlowTrailing 4 quarters
$81.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AVPT
AVPT
PROP
PROP
Q4 25
$29.7M
Q3 25
$34.8M
$57.7M
Q2 25
$20.3M
$-7.2M
Q1 25
$495.0K
$16.9M
Q4 24
$32.8M
Q3 24
$32.2M
$2.8M
Q2 24
$16.2M
Q1 24
$7.8M
Free Cash Flow
AVPT
AVPT
PROP
PROP
Q4 25
$29.0M
Q3 25
$34.3M
Q2 25
$19.3M
Q1 25
$-1.0M
Q4 24
$32.0M
Q3 24
$30.8M
Q2 24
$15.8M
Q1 24
$7.3M
FCF Margin
AVPT
AVPT
PROP
PROP
Q4 25
25.3%
Q3 25
31.3%
Q2 25
18.9%
Q1 25
-1.1%
Q4 24
35.9%
Q3 24
34.7%
Q2 24
20.2%
Q1 24
9.7%
Capex Intensity
AVPT
AVPT
PROP
PROP
Q4 25
0.6%
Q3 25
0.5%
Q2 25
0.9%
Q1 25
1.6%
Q4 24
0.8%
Q3 24
1.6%
Q2 24
0.5%
Q1 24
0.7%
Cash Conversion
AVPT
AVPT
PROP
PROP
Q4 25
1.90×
Q3 25
2.68×
44.80×
Q2 25
7.01×
-0.20×
Q1 25
0.14×
Q4 24
Q3 24
12.30×
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AVPT
AVPT

SAAS$88.9M78%
Services$14.7M13%
Termed License And Support$10.1M9%

PROP
PROP

Crude Oil Sales$64.9M84%
Natural Gas Sales$7.6M10%
Natural Gas Liquids Reserves$5.2M7%

Related Comparisons