secwatch.observer — SEC 8-K summary
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Issuer:     AppLovin Corp (APP)
CIK:        0001751008
Form:       8-K
Filed at:   2022-05-11T23:59:59+00:00
Accession:  0001193125-22-147577
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AppLovin Q1 rev $625M (+$210M bonuses), Adj EBITDA $276M (+111%); MoPub/Wurl deals closed; new segments
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- Revenue $625M ($835M incl. $210M non-recurring publisher bonuses); Adj EBITDA $276M (+111%); Net loss $115M vs $11M loss YoY.
- Software Platform rev $119M excl. bonuses; SPEC +149% to 481; Net dollar retention +137% (+258% excl. bonuses).
- MoPub acquisition closed; Wurl (CTV platform) acquired Apr 2022. New segments: Software Platform (65-70% margin) and Apps (5-10%).
- Management to review Apps portfolio for retention, restructure, or sale; no immediate changes announced.
- Adj EBITDA run-rate exceeded $1B in Q1; company stresses cash flow generation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1751008/000119312522147577/0001193125-22-147577-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1751008/000119312522147577/d318835d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-147577

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