Appfolio Inc

Common Name

Appfolio

Country

United States

Sector

Technology

Industry

Software - Application

Employees

1,634

Ticker

APPF

Exchange

NASDAQ/NMS

Website

www.appfolio.com

Description

Appfolio Inc. is a leading software company providing cloud-based solutions for residential property managers and legal professionals. Primary to its offerings is the Appfolio Property Manager, an int... Show more

Financial Statements of Appfolio

Below are the financial statements of Appfolio, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.

Income Statement (as reported) Balance Sheet (as reported)

All figures in thousands of USD	2024	2023
Current assets	—	—
Cash and cash equivalents	42,504^a	49,509^a
Investment securities - current	235,745^a	162,196^a
Accounts receivable, net	24,346^a	20,709^a
Prepaid expenses and other current assets	32,807^a	39,943^a
Total current assets	335,402^a	272,357^a
Assets	—	—
Property and equipment, net	24,483^a	28,362^a
Operating lease right-of-use assets	17,472^a	19,285^a
Capitalized software development costs, net	15,429^a	21,562^a
Goodwill	96,410^a	56,060^a
Intangible assets, net	49,057^a	2,357^a
Deferred income taxes	76,910^a	0^a
Other long-term assets	11,515^a	8,906^a
Total assets	626,678^a	408,889^a
Current liabilities	—	—
Accounts payable	2,378^a	1,141^a
Accrued employee expenses	30,157^a	35,567^a
Accrued expenses	14,658^a	21,723^a
Other current liabilities	16,087^a	11,335^a
Total current liabilities	63,280^a	69,766^a
Liabilities and stockholders’ equity	—	—
Operating lease liabilities	37,476^a	41,114^a
Deferred tax liabilities	0^a	697^a
Other liabilities	6,632^a	0^a
Total liabilities	107,388^a	111,577^a
Stockholders’ equity	—	—
Preferred stock, $0.0001 par value, 25,000 shares authorized and no shares issued and outstanding as of December 31, 2024 and December 31, 2023	0^a	0^a
Class A common stock, $0.0001 par value, 250,000 shares authorized as of December 31, 2024 and December 31, 2023; 23,660 and 22,168 shares issued as of December 31, 2024 and December 31, 2023, respectively; 23,241 and 21,749 shares outstanding as of December 31, 2024 and December 31, 2023, respectively	2^a	2^a
Class B common stock, $0.0001 par value, 50,000 shares authorized as of December 31, 2024 and December 31, 2023; 13,163 and 14,116 shares issued and outstanding as of December 31, 2024 and December 31, 2023, respectively	2^a	2^a
Additional paid-in capital	254,821^a	236,985^a
Accumulated other comprehensive income (loss)	173^a	99^a
Treasury stock, at cost, 419 shares of Class A common stock as of December 31, 2024 and December 31, 2023	-25,756^a	-25,756^a
Retained earnings	290,048^a	85,980^a
Total stockholders’ equity	519,290^a	297,312^a
Total liabilities and stockholders’ equity	626,678^a	408,889^a

Verified Sources Behind Appfolio’s Financial Fundamentals Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Appfolio’s data sources below and access millions more through our Disclosure Search.

a. Appfolio's 10-K 2024

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Appfolio Inc

Financial Statements of Appfolio

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