secwatch.observer — SEC 8-K summary
======================================

Issuer:     APPFOLIO INC (APPF)
CIK:        0001433195
Form:       8-K
Filed at:   2022-05-09T23:59:59+00:00
Accession:  0001433195-22-000047
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AppFolio Q1 revenue $105.3M (+33% YoY); GAAP operating loss widens to $14.7M
----------------------------------------------------------------------------

- Revenue $105.3M vs $78.9M in Q1 2021; first quarter above $100M milestone.
- GAAP loss from operations $14.7M (14% of revenue) vs $5.7M (7%) year ago.
- Non-GAAP loss from operations $5.6M (5% of revenue) vs $1.3M (2%).
- Units served on AppFolio Property Manager reached 6.57M, up from 5.62M a year ago.
- FY2022 revenue guidance $452-460M; non-GAAP operating margin expected in line with Q1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1433195/000143319522000047/0001433195-22-000047-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1433195/000143319522000047/appf-20220509.htm
  HTML page:      https://secwatch.observer/filing/0001433195-22-000047

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