earnings
confidence high
sentiment positive
materiality 0.90
AppLovin Q4 revenue $793M (+56% YoY), raises 2022 Software Platform guidance to $1.35-1.50B
AppLovin Corp
2021-FY EPS reported
$0.09
revenue$2,793,104,000
- Q4 revenue $793M (+56% YoY), net income $31M (vs loss $19M), Adj. EBITDA $221M (+60% YoY, margin 28%).
- FY2021 revenue $2.8B (+92%), Software Platform revenue $674M (+225%), net income $35M (vs loss $126M).
- 2022 guidance: total revenue $3.55-3.85B; Software Platform raised to $1.35-1.50B (+111% at midpoint); Apps $2.20-2.35B.
- Software Platform Enterprise Clients (SPEC) grew 192% to 461; Net Dollar-Based Retention 204%.
- MoPub integration migrating to MAX platform; $200M in migration fees; over 90% of largest publishers committed.