secwatch.observer — SEC 8-K summary
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Issuer:     APPFOLIO INC (APPF)
CIK:        0001433195
Form:       8-K
Filed at:   2024-01-25T23:59:59+00:00
Accession:  0001433195-24-000007
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1433195/000143319524000007/0001433195-24-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1433195/000143319524000007/appf-20240125.htm
  HTML page:      https://secwatch.observer/filing/0001433195-24-000007

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