secwatch.observer — SEC 8-K summary
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Issuer:     AppLovin Corp (APP)
CIK:        0001751008
Form:       8-K
Filed at:   2021-11-10T23:59:59+00:00
Accession:  0001193125-21-325960
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AppLovin Q3 revenue $727M (+90% YoY); Software Platform revenue up 385% to $193M
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- Q3 revenue $727M (+90% YoY); Business Software Platform revenue $193M (+385% YoY).
- Net income improved to $0.1M from net loss of $90M; Adjusted EBITDA grew 126% to $191M.
- Software Platform Enterprise Clients reached 449 (+305% YoY); Net Dollar-Based Retention 255%.
- Agreed to acquire MoPub for $1.05B cash; expected close in 2022, incremental annual revenue $240-260M.
- Cathy Sun resigned from Board; Alyssa Harvey Dawson appointed as director.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1751008/000119312521325960/0001193125-21-325960-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1751008/000119312521325960/d220088d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-325960

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer