Critical Contrast: AvePoint (NASDAQ:AVPT) and iCoreConnect (NASDAQ:ICCT)

iCoreConnect (NASDAQ:ICCT) and AvePoint (NASDAQ:AVPT) are both computer and technology companies, but which is the superior investment? We will compare the two businesses based on the strength of their profitability, risk, institutional ownership, earnings, dividends, analyst recommendations and valuation.

Earnings and Valuation

This table compares iCoreConnect and AvePoint”s revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
iCoreConnect	$11.05 million	0.46	-$15.55 million	($63.20)	-0.04
AvePoint	$330.48 million	8.81	-$21.50 million	($0.16)	-90.19

iCoreConnect has higher earnings, but lower revenue than AvePoint. AvePoint is trading at a lower price-to-earnings ratio than iCoreConnect, indicating that it is currently the more affordable of the two stocks.

Profitability

This table compares iCoreConnect and AvePoint’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
iCoreConnect	-263.12%	-1,451.73%	-171.32%
AvePoint	-2.36%	-3.16%	-1.55%

Risk and Volatility

iCoreConnect has a beta of -0.69, meaning that its share price is 169% less volatile than the S&P 500. Comparatively, AvePoint has a beta of 1.2, meaning that its share price is 20% more volatile than the S&P 500.

Institutional and Insider Ownership

13.4% of iCoreConnect shares are owned by institutional investors. Comparatively, 44.5% of AvePoint shares are owned by institutional investors. 59.4% of iCoreConnect shares are owned by insiders. Comparatively, 26.2% of AvePoint shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Analyst Ratings

This is a summary of current recommendations and price targets for iCoreConnect and AvePoint, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
iCoreConnect	0	0	0	0	0.00
AvePoint	0	2	3	0	2.60

AvePoint has a consensus target price of $15.75, suggesting a potential upside of 9.15%. Given AvePoint’s stronger consensus rating and higher possible upside, analysts clearly believe AvePoint is more favorable than iCoreConnect.

Summary

AvePoint beats iCoreConnect on 11 of the 14 factors compared between the two stocks.

About iCoreConnect

iCoreConnect Inc., a cloud-based software and technology company, provides Health Insurance Portability and Accountability Act (HIPAA) compliant cloud-based software as a service (SaaS) in the United States. The company’s products include iCoreRx, a HIPAA compliant electronic prescription software; iCorePDMP, a solution that checks the patient’s Prescription Drug Monitoring Program (PDMP) history before prescribing controlled substances; iCoreVerify and iCoreVerify+, a HIPAA compliant SaaS solution that automatically retrieves a patients insurance eligibility breakdown to verify their benefits in advance of their appointment and on-demand; iCoreHuddle and iCoreHuddle+, a tool to instantly reveal the revenue potential of each patient; and iCoreCodeGenius, a medical coding reference SaaS solution. It also offers iCoreExchange, a SaaS email solution that allows doctors to send and receive secure email with attachments to and from other healthcare professionals; iCoreCloud, ability to backup their on-premise servers and computers to the cloud; iCoreClaims, for processing and managing claims submitted by policyholders or dental care providers; iCorePay, a patient payment processing solutions for payment and revenue cycle tracking; iCoreSecure, secure SaaS solution that solves privacy concerns in the insurance, real estate, financial and many other industry sectors; and iCoreIT, an IT managed services. The company was formerly known as iMedicor, Inc. and changed its name to iCoreConnect Inc. in June 2017. iCoreConnect Inc. was founded in 1992 and is headquartered in Ocoee, Florida.

About AvePoint

AvePoint, Inc. provides cloud-native data management software platform in North America, Europe, Middle East, Africa, and Asia Pacific. It also offers software-as-a-service solutions and productivity applications. The company offers modularity and cloud services architecture to address critical challenges and the management of data to organizations that leverage third-party cloud vendors, including Microsoft, Salesforce, Google, AWS, Box, DropBox, and others; license and support; and maintenance services. AvePoint, Inc. was incorporated in 2001 and is headquartered in Jersey City, New Jersey.