AppFolio Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Revenue	620.45	471.88	359.37	310.06	256.01	190.07	143.8	105.59	74.98	47.67	Upgrade
Revenue Growth (YoY)	31.48%	31.31%	15.90%	21.11%	34.69%	32.17%	36.20%	40.82%	57.28%	79.61%	Upgrade
Cost of Revenue	238.08	191.83	143.94	119.03	101.64	73.55	55.28	44.63	33.9	22.56	Upgrade
Gross Profit	382.37	280.06	215.43	191.03	154.37	116.52	88.52	60.96	41.07	25.12	Upgrade
Selling, General & Admin	201.05	208.19	130.48	105.93	86.01	58.18	49.91	46.81	40.42	23.37	Upgrade
Research & Development	151.36	111.12	65.98	48.53	39.51	24.11	16.58	12.64	9.55	6.51	Upgrade
Other Operating Expenses	28.99	33.12	30.85	26.79	22.4	14.58	12.7	9.94	6.1	3.81	Upgrade
Operating Expenses	381.41	352.43	227.3	181.24	147.91	96.87	79.19	69.38	56.08	33.68	Upgrade
Operating Income	0.96	-72.37	-11.88	9.78	6.46	19.66	9.34	-8.42	-15	-8.56	Upgrade
Interest Expense / Income	0	0	0	1.85	1.65	-0.79	-0.54	0	0.6	-0.06	Upgrade
Other Expense / Income	-7.03	-5.65	-13.61	-188.9	-0.02	0.06	0.1	-0.21	-0.01	0.12	Upgrade
Pretax Income	8	-66.72	1.73	196.83	4.82	20.39	9.77	-8.21	-15.59	-8.62	Upgrade
Income Tax	5.3	1.4	0.71	38.43	-31.46	0.42	0.06	0.07	0.08	0	Upgrade
Net Income	2.7	-68.12	1.03	158.4	36.28	19.97	9.72	-8.28	-15.67	-8.62	Upgrade
Net Income Growth	-	-	-99.35%	336.59%	81.71%	105.51%	-	-	-	-	Upgrade
Shares Outstanding (Basic)	36	35	35	34	34	34	34	34	21	9	Upgrade
Shares Outstanding (Diluted)	36	35	36	36	36	36	35	34	21	9	Upgrade
Shares Change	4.02%	-1.94%	-0.03%	0.41%	0.01%	1.17%	4.74%	57.30%	143.65%	3.79%	Upgrade
EPS (Basic)	0.08	-1.95	0.03	4.62	1.07	0.59	0.29	-0.25	-0.73	-0.98	Upgrade
EPS (Diluted)	0.07	-1.95	0.03	4.44	1.02	0.56	0.28	-0.25	-0.73	-0.98	Upgrade
EPS Growth	-	-	-99.32%	335.29%	82.14%	100.00%	-	-	-	-	Upgrade
Free Cash Flow	46.42	4.14	2.67	3.22	9.81	21.86	16.7	-3.91	-18.22	-5.97	Upgrade
Free Cash Flow Per Share	1.30	0.12	0.08	0.09	0.29	0.64	0.49	-0.12	-0.85	-0.68	Upgrade
Gross Margin	61.63%	59.35%	59.95%	61.61%	60.30%	61.30%	61.56%	57.73%	54.78%	52.69%	Upgrade
Operating Margin	0.16%	-15.34%	-3.31%	3.16%	2.52%	10.34%	6.49%	-7.98%	-20.01%	-17.95%	Upgrade
Profit Margin	0.44%	-14.44%	0.29%	51.09%	14.17%	10.51%	6.76%	-7.84%	-20.90%	-18.08%	Upgrade
Free Cash Flow Margin	7.48%	0.88%	0.74%	1.04%	3.83%	11.50%	11.61%	-3.70%	-24.29%	-12.52%	Upgrade
Effective Tax Rate	66.21%	-	40.72%	19.52%	-652.27%	2.06%	0.59%	-	-	-	Upgrade
EBITDA	36.63	-32.71	33.97	227.89	32.25	34.18	21.94	1.72	-8.89	-4.88	Upgrade
EBITDA Margin	5.90%	-6.93%	9.45%	73.50%	12.60%	17.98%	15.26%	1.63%	-11.86%	-10.23%	Upgrade
Depreciation & Amortization	28.63	34.01	32.23	29.21	25.77	14.58	12.7	9.94	6.1	3.81	Upgrade
EBIT	8	-66.72	1.73	198.68	6.48	19.6	9.24	-8.21	-15	-8.68	Upgrade
EBIT Margin	1.29%	-14.14%	0.48%	64.08%	2.53%	10.31%	6.42%	-7.78%	-20.00%	-18.21%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).