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Appfolio Inc   (APPF)
Other Ticker:  
 
    Sector  Technology    Industry Software & Programming
   Industry Software & Programming
   Sector  Technology
 
Price: $212.4900 $-4.23 -1.952%
Day's High: $218.29 Week Perf: -4.04 %
Day's Low: $ 211.80 30 Day Perf: -4.05 %
Volume (M): 244 52 Wk High: $ 253.42
Volume (M$): $ 51,869 52 Wk Avg: $187.00
Open: $216.45 52 Wk Low: $123.36



 Market Capitalization (Millions $) 8,202
 Shares Outstanding (Millions) 39
 Employees 672
 Revenues (TTM) (Millions $) 620
 Net Income (TTM) (Millions $) 3
 Cash Flow (TTM) (Millions $) -21
 Capital Exp. (TTM) (Millions $) 14

Appfolio Inc

We were formed in 2006 with a vision to revolutionize the way that small and medium-sized businesses, or SMBs, grow and compete by enabling their digital transformation. Today we provide industry-specific, cloud-based software solutions to the real estate market, which comprises a significant majority of our revenue, and the legal market, and we intend to enter new vertical markets over time. In 2008, we entered the real estate market with our first product, AppFolio Property Manager, or APM, a property management solution designed to address the unique operational and business requirements of property management companies. Recognizing that our customers would benefit from additional business-critical services that they can purchase as needed, we launched a series of Value+ services beginning in 2009. In 2012, we entered the legal market by acquiring MyCase, a legal practice and case management solution primarily for solo practitioners and small law firms.

SMBs face a common set of challenges that divert limited time and resources away from serving their clients and growing their businesses. Day-to-day operations are often managed through inefficient manual processes and disparate software point solutions. This lack of automation and integrated technology results in a significant administrative burden on these businesses, particularly in industries that involve unique workflows, relationships among multiple industry participants, significant data inputs and management, and compliance or regulatory requirements. While larger enterprises and consumers have been experiencing a transformational shift into the digital age, the legacy systems and manual business processes currently used by many SMBs are lagging behind in terms of technological sophistication and ease of use.


Our mission is to revolutionize vertical industry businesses by providing great software and services. We accomplish this mission by delivering software solutions and services that provide our customers with a system of record to automate essential business processes, a system of engagement to enhance business interactions between our customers and their clients and vendors, and, increasingly, a system of intelligence to anticipate, influence, and optimize customer experiences using data to take action in real time. We have built our software solutions using a modern cloud-based architecture, and our mobile-optimized software solutions are designed for use across multiple devices and operating systems.


Although specific functionality varies by product, our core solutions address common business operations and interactions of SMBs in our targeted verticals by providing key functionality, including accounting, document management, real-time interactive search, data analytics and communication options. In addition to our core solutions, we offer a range of optional, but often business-critical, Value+ services. Our Value+ services are available on an as-needed basis and enable our customers to adapt our platform to their specific operational requirements. Over time, we anticipate offering additional Value+ services across our targeted verticals as appropriate for each particular market. We apply our disciplined market validation approach and customer-focused philosophy to select and develop additional Value+ services, as well as new core functionality, and to identify the most suitable adjacent markets and new verticals to target.



   Company Address: 70 Castilian Drive Santa Barbara, 93117 CA
   Company Phone Number: 364-6093   Stock Exchange / Ticker: NASDAQ APPF
   


   

Stock Performances by Major Competitors

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Appfolio Inc

Appfolio Inc Soars to New Heights with Impressive Profitability and Revenue Growth

In the recent fiscal period, Appfolio Inc reported a positive profitability of $0.76 per share, a significant improvement from the negative $0.55 per share recorded a year prior. Additionally, the company's income increased by 6.11% from the previous quarter, reaching $0.72 per share. This positive trend in profitability indicates the company's ability to generate earnings and suggests a favorable outlook for investors.
Furthermore, Appfolio Inc experienced a substantial increase in revenue, with a growth rate of 38.508% to $171.83 million compared to $124.06 million in the same quarter of the previous year. Sequentially, revenue also grew by 3.862%, reaching $165.44 million. This significant revenue growth is indicative of a thriving business and suggests a strong demand for Appfolio Inc's products and services.

Partnership

AppFolio Named as AMC's Strategic Partner, Boosting Growth and Success in the Property Management Industry

Published Thu, Dec 7 2023 2:00 PM UTC


In a recent development, AppFolio, a leading provider of property management software, has been chosen as the technology partner by AMC, an industry-leading property management company. The partnership aims to drive future expansion for AMC, leveraging AppFolio's advanced solutions to enhance customer acquisition and streamline operations across nearly 11,000 units mana...

Appfolio Inc

Appfolio Inc's Earnings Soar, Boosted by $24.97 Million Tax Benefit



Appfolio Inc, a leading Software & Programming company, has shown impressive growth and resilience in the third quarter of 2023. The company's shares have experienced positive momentum over the last five trading days, improving by 1.83%. Furthermore, year-to-date performance stands at an impressive 71.66%. Despite being 8.9% off from the 52-week high, Appfolio Inc's recent financial report points to a positive outlook for the company.
Improved Financial Performance
During the July to September 30, 2023 interval, Appfolio Inc turned a corner towards profitability. The company reported earnings per share (EPS) of $0.72, a significant improvement from $-0.12 in the same period the previous year. EPS also turned positive from $-0.53 per share, as reported in the previous quarter.

Appfolio Inc

Appfolio Inc Overcomes $19.65 million Tax Charge with Q2 Revenue Surge outperforming Industry Peers



Appfolio Inc, a prominent software and programming company, has recently released its financial results for the April to June 30, 2023 time-frame. While the company showcased improvement in some key areas, including reduced losses per share and increased revenue, there are several concerning factors that suggest a potentially bearish future outlook.
Performance Analysis:
During the aforementioned time-frame, Appfolio Inc reported a decrease in its loss per share from $-0.86 to $-0.53 compared to the previous year. Additionally, the company witnessed an improvement in its income per share from $-0.99 in the previous quarter. However, it should be noted that the reported earnings would have showed a net profit only after excluding a substantial $19.65 million tax charge.






 

Appfolio Inc's Segments
 
 
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Appfolio Inc does not provide revenue guidance.

Earnings Outlook
Appfolio Inc does not provide earnings estimates.

 
Geographic Revenue Dispersion




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