secwatch.observer — SEC 8-K summary
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Issuer:     APPFOLIO INC (APPF)
CIK:        0001433195
Form:       8-K
Filed at:   2022-07-28T23:59:59+00:00
Accession:  0001433195-22-000084
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1433195/000143319522000084/0001433195-22-000084-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1433195/000143319522000084/appf-20220728.htm
  HTML page:      https://secwatch.observer/filing/0001433195-22-000084

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