AppFolio Q2 revenue up 32% to $117.4M; GAAP operating loss of $29.9M

APPFOLIO INC

2022-Q2 EPS reported -$1.27 revenue$222,746,000

Revenue $117.4M, +32% YoY; units served ~6.8M, +1M from year ago.
GAAP loss from operations $29.9M (25% of rev) vs income $1.1M in Q2 2021.
Non-GAAP income from ops $1.2M (1% of rev) vs $5.9M (7%) a year ago.
FY2022 revenue guidance $455M-$461M; non-GAAP op margin expected lower than 2021.
Launched AppFolio Stack integration marketplace to serve larger customers.

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