secwatch.observer — SEC 8-K summary
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Issuer:     APPFOLIO INC (APPF)
CIK:        0001433195
Form:       8-K
Filed at:   2023-01-26T23:59:59+00:00
Accession:  0001433195-23-000007
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1433195/000143319523000007/0001433195-23-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1433195/000143319523000007/appf-20230126.htm
  HTML page:      https://secwatch.observer/filing/0001433195-23-000007

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