AppFolio Q4 revenue $124.1M (+30% YoY); FY2023 revenue guided $565M-$575M

APPFOLIO INC

2022-FY EPS reported -$1.95 revenue$471,883,000

Q4 revenue $124.1M (+30% YoY); FY2022 revenue $471.9M (+31% from $359.4M).
GAAP operating loss $20.0M (16.1% rev) vs $7.3M (7.7%) Q4 2021; non-GAAP loss $3.4M.
Units on platform 7.3M, up from 6.3M a year earlier.
FY2023 guidance: revenue $565M-$575M; non-GAAP op margin ~breakeven; FCF margin 2-3%.
Cash and investments $185.2M at Dec 31, 2022, nearly flat vs $183.5M year ago.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

APPFOLIO INC updated its fourth quarter and fiscal year ended December 31, 2022 guidance (initiated).

Period: fourth quarter and fiscal year ended December 31, 2022
Guidance: initiated
Result: reported results

Exact text from the filing

On January 26, 2023 , AppFolio, Inc. (the “Company”) issued a press release announcing its financial results for its fourth quarter and fiscal year ended December 31, 2022.

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Source: SEC EDGAR

accession 0001433195-23-000007

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