AppFolio, Inc. (APPF)

AppFolio Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	794.2	620.45	471.88	359.37	310.06
Revenue Growth (YoY)	28.01%	31.48%	31.31%	15.90%	21.11%
Cost of Revenue	282.07	235.71	191.83	143.94	119.03
Gross Profit	512.14	384.74	280.06	215.43	191.03
Selling, General & Admin	196.57	184.13	186.17	130.48	105.93
Research & Development	160.38	147.96	111.12	65.98	48.53
Operating Expenses	376.49	361.07	330.41	227.3	181.24
Operating Income	135.64	23.67	-50.35	-11.88	9.78
Interest Expense	-	-	-	-	-1.85
Interest & Investment Income	13.98	7.03	1.18	0.5	-
Other Non Operating Income (Expenses)	0.7	0	0.31	-0.04	1.24
EBT Excluding Unusual Items	150.32	30.7	-48.85	-11.41	9.17
Merger & Restructuring Charges	-	-12.08	-	-	-
Gain (Loss) on Sale of Investments	-	-	-	12.77	-
Gain (Loss) on Sale of Assets	-	-	4.16	0.38	187.66
Asset Writedown	-	-	-22.02	-	-
Other Unusual Items	-	-10.62	-	-	-
Pretax Income	150.32	8	-66.72	1.73	196.83
Income Tax Expense	-53.75	5.3	1.4	0.71	38.43
Net Income	204.07	2.7	-68.12	1.03	158.4
Net Income to Common	204.07	2.7	-68.12	1.03	158.4
Net Income Growth	7452.48%	-	-	-99.35%	336.59%
Shares Outstanding (Basic)	36	36	35	35	34
Shares Outstanding (Diluted)	37	36	35	36	36
Shares Change (YoY)	1.00%	4.02%	-1.94%	-0.03%	0.41%
EPS (Basic)	5.63	0.08	-1.95	0.03	4.62
EPS (Diluted)	5.55	0.07	-1.95	0.03	4.44
EPS Growth	7828.57%	-	-	-99.33%	335.29%
Free Cash Flow	186.14	51.24	18.83	27.29	29.26
Free Cash Flow Per Share	5.06	1.41	0.54	0.76	0.82
Gross Margin	64.48%	62.01%	59.35%	59.95%	61.61%
Operating Margin	17.08%	3.81%	-10.67%	-3.31%	3.16%
Profit Margin	25.70%	0.43%	-14.44%	0.29%	51.09%
Free Cash Flow Margin	23.44%	8.26%	3.99%	7.59%	9.44%
EBITDA	141.23	30.97	-43.13	-4.35	17.39
EBITDA Margin	17.78%	4.99%	-9.14%	-1.21%	5.61%
D&A For EBITDA	5.59	7.3	7.22	7.53	7.61
EBIT	135.64	23.67	-50.35	-11.88	9.78
EBIT Margin	17.08%	3.81%	-10.67%	-3.31%	3.16%
Effective Tax Rate	-	66.21%	-	40.72%	19.52%
Advertising Expenses	10.6	8.6	9.2	9.4	7

Updated Feb 6, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q