secwatch.observer — SEC 8-K summary
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Issuer:     APPFOLIO INC (APPF)
CIK:        0001433195
Form:       8-K
Filed at:   2025-01-30T23:59:59+00:00
Accession:  0001433195-25-000005
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AppFolio Q4 revenue $204M (+19% YoY); FY 2024 revenue $794M (+28%); guides FY 2025 $920M-$940M
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- Q4 2024 revenue $204M (+19% YoY); GAAP operating income $23M (11.3% margin); non-GAAP operating income $41M (20.2% margin).
- Full-year 2024 revenue $794M (+28% YoY); GAAP operating income $136M (17.1% margin) vs $1M in 2023.
- FY 2025 revenue guidance $920M-$940M; non-GAAP operating margin 24.5%-26.5%; diluted shares ~37M.
- Total units under management 8.7M (+6% YoY).
- Tim Eaton appointed interim Principal Accounting Officer (also interim CFO since Oct 2024).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1433195/000143319525000005/0001433195-25-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1433195/000143319525000005/appf-20250129.htm
  HTML page:      https://secwatch.observer/filing/0001433195-25-000005

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