AppFolio Q4 revenue $171.8M (+39% YoY); guides FY2024 revenue $755-765M

APPFOLIO INC

2023-FY EPS reported $0.07 revenue$620,445,000

Q4 revenue $171.8M (+39% YoY); GAAP operating income $28.2M vs ($20.0M) loss.
FY 2023 revenue $620.4M (+31%); GAAP operating income $1.0M vs ($72.4M) loss.
Non-GAAP operating margin Q4 24.3%, FY 12.2%; free cash flow $73.6M (11.9% revenue).
FY 2024 guidance: revenue $755-765M, non-GAAP op margin 21-23%, FCF margin 17-19%.
Units under management 8.2M (+13% YoY).

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 0.9

APPFOLIO INC updated its fiscal year 2024 guidance (initiated).

Period: fiscal year 2024
Guidance: initiated
Result: guidance update

Exact text from the filing

Based on information available as of January 25, 2024, AppFolio's outlook for fiscal year 2024 follows: • Full year revenue is expected to be $755 million to $765 million.

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

APPFOLIO INC reported financial results for the fourth quarter and fiscal year ended December 31, 2023.

Period: the fourth quarter and fiscal year ended December 31, 2023
Result: reported results

Exact text from the filing

On January 25, 2024 , AppFolio, Inc. (the “Company”) issued a press release announcing its financial results for its fourth quarter and fiscal year ended December 31, 2023.

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APPFOLIO INC filing history →

Source: SEC EDGAR

accession 0001433195-24-000007

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