Thread by @mcspacface

I cannot find a single Cloud stock trading cheaper than $AVPT based on 22E sales. I gave up after 1.5 hours trying & using 15 attempted Cloud comps, all trading more expensively than @AvePoint. 1/5

$AYX $CRM $CRWD $DDOG $DOCU $DT $FSLY $HUBS $JAMF $NOW $RNG $SNOW $ZI $ZM $ZS

Eventually institutional investors are going to "find" $AVPT & it will trade higher. @AvePoint's growing at 30% YoY and > 75% of its revenues are from recurring sales = great for margins. Cowen's Buy recommendation this week called AVPT "undiscovered", and Cowen is correct. 2/5

$AVPT's using significant #SPAC money to build-out a salesforce to attack SMD (small & mid-size companies) which it previously couldn't afford to target. This is a huge TAM opportunity for AVPT, which is $MSFT's #1 ranked Cloud partner. 3/5

My prediction is $AVPT will use some of the recent cash injection for acquisitions given this space is highly fragmented. Any such acquisitions would almost certainly be immediately accretive to earnings for @AvePoint, which literally has zero debt. 4/5

It's not fun watching a stock slide, but $AVPT is one of my highest conviction names. As Cowen notes, it's "undiscovered" in these early days, trading < than 2 months as @AvePoint, and not having a benefit of an #IPO roadshow. Patience with this company, IMO will be rewarded. 5/5