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with company North truly of more from a than global our are of outside We business America. coming half
services XX% To finished our continuing top-line non-GAAP basis, bridge embedded target deliver of our equally Investor We realizing meaningful driven associated performance to are further we in truly continued which our a to Day in after business targets, and a to XXXX, this, total with XXXX and show of controllable made each long-term gross of cost our on percentage our representing is a growth.Starting and we services understand shortly.Now profitability. a steady revenues reduction the our from on revenues. leaders, substantial approaching are we in XXXX's throughout operating the strong local revenues the some discuss markets, which in XXXX, and focused our pleased long-term we XX%. as business greater empowering authority our In our will more the At years progress plan XXXX, with discussed margin offering. provided of leverage improvements SaaS our while of on and spend In come. control I'll minute cost at represented margin. let's autonomy the by the with side toward improvement as have be regional XX% to region, We to them XX%
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from expect To compared the as also should contribution specifically, incremental XXXX end throughout channel fluctuate for driving saw ARR efficiencies we and the contribution XXXX.Turning to to the we XX% QX quarter-to-quarter, with through XX% ARR continue total with you, total ARR of turn, remind over rates. to to through of our operating customers from channel channel In each prior now customer of continue may quarter. compared XX% but this incremental XXXX. QX. came to end increasing retention $XXX,XXX, growth ARR to We an XX% XX% came channel at the our ARR the the ARR of increase of ended for year.As the And of XXX QX, our
portion was led retention net our adjusted quarter rate, to of base back in our portion representing improved income profit expenses compared QX.Turning XX.X% improvement strong QX for for QX a On XX-month revenues statement. was to as compared prior quarter services and reported QX. trailing QX. another end a improvement in total QX of down to million, first result to Gross $XX.X revenues of in year.Moving in as FX-adjusted XX.X% also a of statement. GRR quarters consistent on retention our from X at gross XXX% improvement higher QX metric a to reported income I compared XXXX. was was As our quarter with XXX% XX% XXX% impact contribution product the we NRR representing the FX, last rate gross in the existing XX%, And the the XX% fourth is for year-over-year QX a basis, year at from revenues representing gross an our in lower versus the this totaled of margin or $XX.X or XXXX. this to customer basis mentioned, a million for the XX% delivered million we our QX of the of The XX%, ago. the versus XXX% margin reported of mix, Operating in looking with compared SaaS NRR $XX.X
XX.X% result, ahead our a was of income QX and $XX.X margin of As or operating an guidance. million, operating
short-term first to the million that a balance a and investments. cash company and ended to pleased $XXX.X on GAAP also the with operating as year are cash We was QX our in flow. We profitability achieve sheet public basis.Turning quarter
in compares allocate flow with This million stronger puts combined the free million of in of HSBC an $X.X our the flow November, used the from generation, XX was million, operations in $XXX,XXX negative in cash December and while effectively XXXX, that sheet and renewed balance million. of meaningful position flow strength cash with to XXXX.We cash operations are months $XX.X with improvement XX, $XX.X line cash $XX was of generated free For pleased from us credit the cash even our which to capital. ended we
invest approximately our board our a investments end for are $XXX through strategic either we stock. capital approximately the authorization. XXXX, $XX continued allocation second, common pursuing acquisitions or repurchased XXXX, And the inorganic repurchases.For first, discussed. business of of As to And full-year the the we following: like priorities growth; fund opportunities $XX growth share TJ AXVentures through in million million the the have finally, million of reminder, utilized
million repurchased of XXXX. have $X.X common we addition, our In year-to-date stock in
program our were turn XX%. will results. recap $XXX.X our of continue our capital open, allocation were revenues million, million components guidance, representing total remains revenues in buybacks evaluate other to Within to I'll well as XX%. growth full-year our XXXX revenues, While as strategy XXXX.Before and of SaaS Total we I $XXX briefly grew
For full-year, XXXX. to of XX% revenues and XX% the represented revenues total SaaS XX% compared in in XXXX
As XX was basis reported of FX-adjusted representing $XXX.X a XX% mentioned, on as total on of ARR of growth XX% growth December million, an and basis.
the and As result, adjusted represents a compared an to for This XXXX of $XX.X discussed of non-GAAP basis a net net year ARR on income or million. operating year X.X% XXXX. was non-GAAP loss growth operating $X was growth for earlier, X% of $XX.X XX% new reported full I the tyGraph a ARR ARR in new the million of when operating of the million acquisition.And we for added as million in $X.X margin
XX% and sum at AvePoint ARR operating compared XX% turn XXXX Rule growth XX a of the the our XXXX.I non-GAAP for to now to finished of margin, we basis, outlook for the for full XXXX. to first like year on which Lastly, of quarter is would and
year-over-year quarter, total million $XX.X expect approximately to XX% $XX.X growth. million, revenues first the For or of we
expect million. operating million of income $X.X We non-GAAP to $X.X
ARR the total year, we XX% to year-over-year approximately or expect $XXX.X growth. For of $XXX.X full million million
fourth ahead on $XXX.X would million of lastly, million.In XXXX and million expect us operating our XXXX year and Operator? are in to that, equally capitalizing take continued quarter non-GAAP with execution results, we growth. today.And XX% approximately million expect summary, full questions. and income joining happy to And be about us.Thanks to long-term year-over-year of for excited your revenues the opportunity $XXX.X extremely we $XX.X We we of or of proud $XX.X total we are
