APPF Financial Statements

Balance sheet, income statement, cash flow, and dividends for Appfolio Inc (APPF).


$8.96B Market Cap.

As of 02/06/2025 5:00 PM ET (MRY) • Disclaimer

APPF Market Cap. (MRY)


APPF Shares Outstanding (MRY)


APPF Assets (MRY)


Total Assets

$626.68M

Total Liabilities

$107.39M

Total Investments

$235.75M

APPF Income (MRY)


Revenue

$794.20M

Net Income

$204.07M

Operating Expense

$376.49M

APPF Cash Flow (MRY)


CF Operations

$188.16M

CF Investing

-$151.76M

CF Financing

-$43.40M

APPF Dividends (MRY)


Period

Dividends

Yield %

Growth %

Payout Ratio

Coverage Ratio

2024

$0

0%

0%

0%

-

2023

$0

0%

0%

0%

-

2022

$0

0%

0%

0%

-

2021

$0

0%

0%

0%

-

2020

$0

0%

-

0%

-

APPF Balance Sheet (MRY)


Metric

2024

2023

2022

2021

Total Assets

$626,678,000 (53.26%)

$408,889,000 (7.26%)

$381,217,000 (-6.57%)

$408,017,000 (4.76%)

Assets Current

$335,402,000 (23.15%)

$272,357,000 (35.19%)

$201,468,000 (27.03%)

$158,595,000 (-20.45%)

Assets Non-Current

$291,276,000 (113.34%)

$136,532,000 (-24.04%)

$179,749,000 (-27.93%)

$249,422,000 (31.19%)

Goodwill & Intangible Assets

$160,896,000 (101.17%)

$79,979,000 (-16.87%)

$96,208,000 (-11.79%)

$109,070,000 (1.03%)

Shareholders Equity

$519,290,000 (74.66%)

$297,312,000 (11.96%)

$265,546,000 (-10.71%)

$297,381,000 (4.01%)

Property Plant & Equipment Net

$41,955,000 (-11.95%)

$47,647,000 (-3.93%)

$49,595,000 (-31.30%)

$72,189,000 (26.65%)

Cash & Equivalents

$42,504,000 (-14.15%)

$49,509,000 (-30.04%)

$70,769,000 (22.34%)

$57,847,000 (-58.76%)

Accumulated Other Comprehensive Income

$173,000 (74.75%)

$99,000 (105.88%)

-$1,684,000 (-768.04%)

-$194,000 (-446.43%)

Deferred Revenue

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Total Investments

$235,745,000 (45.35%)

$162,196,000 (41.71%)

$114,458,000 (-8.93%)

$125,676,000 (258.81%)

Investments Current

$235,745,000 (45.35%)

$162,196,000 (81.64%)

$89,297,000 (38.23%)

$64,600,000 (128.62%)

Investments Non-Current

$0 (0%)

$0 (0%)

$25,161,000 (-58.80%)

$61,076,000 (802.16%)

Inventory

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Trade & Non-Trade Receivables

$24,346,000 (17.56%)

$20,709,000 (25.49%)

$16,503,000 (31.03%)

$12,595,000 (25.24%)

Trade & Non-Trade Payables

$2,378,000 (108.41%)

$1,141,000 (-53.86%)

$2,473,000 (45.13%)

$1,704,000 (63.85%)

Accumulated Retained Earnings (Deficit)

$290,048,000 (237.34%)

$85,980,000 (3.24%)

$83,278,000 (-44.99%)

$151,397,000 (0.68%)

Tax Assets

$76,910,000 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Tax Liabilities

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Total Debt

$37,476,000 (-8.85%)

$41,114,000 (-18.16%)

$50,237,000 (-9.86%)

$55,733,000 (38.83%)

Debt Current

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Debt Non-Current

$37,476,000 (-8.85%)

$41,114,000 (-18.16%)

$50,237,000 (-9.86%)

$55,733,000 (38.83%)

Total Liabilities

$107,388,000 (-3.75%)

$111,577,000 (-3.54%)

$115,671,000 (4.55%)

$110,636,000 (6.83%)

Liabilities Current

$63,280,000 (-9.30%)

$69,766,000 (13.73%)

$61,343,000 (16.53%)

$52,642,000 (5.70%)

Liabilities Non-Current

$44,108,000 (5.49%)

$41,811,000 (-23.04%)

$54,328,000 (-6.32%)

$57,994,000 (7.89%)

APPF Income Statement (MRY)


Metric

2024

2023

2022

2021

Revenues

$794,202,000 (28.01%)

$620,445,000 (31.48%)

$471,883,000 (31.31%)

$359,370,000 (15.90%)

Cost of Revenue

$282,067,000 (18.48%)

$238,076,000 (24.11%)

$191,826,000 (33.26%)

$143,944,000 (20.93%)

Selling General & Administrative Expense

$196,571,000 (-2.23%)

$201,054,000 (-3.43%)

$208,190,000 (59.56%)

$130,479,000 (23.18%)

Research & Development Expense

$160,375,000 (5.95%)

$151,364,000 (36.22%)

$111,118,000 (68.41%)

$65,980,000 (35.96%)

Operating Expenses

$376,491,000 (-1.29%)

$381,406,000 (8.22%)

$352,427,000 (55.05%)

$227,304,000 (25.41%)

Interest Expense

$0 (0%)

$0 (0%)

-$1,184,000 (-136.33%)

-$501,000 (-127.10%)

Income Tax Expense

-$53,746,000 (-1115.03%)

$5,295,000 (277.67%)

$1,402,000 (98.58%)

$706,000 (-98.16%)

Net Loss Income from Discontinued Operations

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Consolidated Income

$204,068,000 (7452.48%)

$2,702,000 (103.97%)

-$68,119,000 (-6726.36%)

$1,028,000 (-99.35%)

Net Income to Non-Controlling Interests

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income

$204,068,000 (7452.48%)

$2,702,000 (103.97%)

-$68,119,000 (-6726.36%)

$1,028,000 (-99.35%)

Preferred Dividends Income Statement Impact

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income Common Stock

$204,068,000 (7452.48%)

$2,702,000 (103.97%)

-$68,119,000 (-6726.36%)

$1,028,000 (-99.35%)

Weighted Average Shares

$36,252,000 (1.75%)

$35,629,000 (1.77%)

$35,010,000 (1.25%)

$34,578,000 (0.92%)

Weighted Average Shares Diluted

$36,782,000 (1.00%)

$36,417,000 (4.02%)

$35,010,000 (-1.94%)

$35,701,000 (-0.03%)

Earning Before Interest & Taxes (EBIT)

$150,322,000 (1779.73%)

$7,997,000 (111.78%)

-$67,901,000 (-5606.97%)

$1,233,000 (-99.38%)

Gross Profit

$512,135,000 (33.94%)

$382,369,000 (36.53%)

$280,057,000 (30.00%)

$215,426,000 (12.77%)

Operating Income

$135,644,000 (13985.57%)

$963,000 (101.33%)

-$72,370,000 (-509.28%)

-$11,878,000 (-221.41%)

APPF Cash Flow Statement (MRY)


Metric

2024

2023

2022

2021

Net Cash Flow from Investing

-$151,761,000 (-173.04%)

-$55,582,000 (-759.60%)

-$6,466,000 (94.15%)

-$110,459,000 (-175.39%)

Net Cash Flow from Financing

-$43,403,000 (-67.19%)

-$25,961,000 (-321.24%)

-$6,163,000 (16.13%)

-$7,348,000 (89.56%)

Net Cash Flow from Operations

$188,159,000 (212.13%)

$60,283,000 (137.66%)

$25,365,000 (-28.33%)

$35,391,000 (-26.73%)

Net Cash Flow / Change in Cash & Cash Equivalents

-$7,005,000 (67.05%)

-$21,260,000 (-266.93%)

$12,736,000 (115.45%)

-$82,416,000 (-166.22%)

Net Cash Flow - Business Acquisitions and Disposals

-$77,421,000 (0%)

$0 (0%)

$5,124,000 (1174.63%)

$402,000 (-99.79%)

Net Cash Flow - Investment Acquisitions and Disposals

-$67,154,000 (-60.98%)

-$41,716,000 (-532.83%)

$9,638,000 (112.33%)

-$78,143,000 (-47748.17%)

Capital Expenditure

-$7,186,000 (48.18%)

-$13,866,000 (34.68%)

-$21,228,000 (35.12%)

-$32,718,000 (27.42%)

Issuance (Repayment) of Debt Securities

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Issuance (Purchase) of Equity Shares

$3,924,000 (51.21%)

$2,595,000 (-42.00%)

$4,474,000 (71.16%)

$2,614,000 (177.52%)

Payment of Dividends & Other Cash Distributions

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Effect of Exchange Rate Changes on Cash

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Share Based Compensation

$62,081,000 (13.18%)

$54,852,000 (26.87%)

$43,234,000 (152.03%)

$17,154,000 (66.41%)

Depreciation Amortization & Accretion

$19,820,000 (-30.78%)

$28,632,000 (-15.81%)

$34,007,000 (5.51%)

$32,231,000 (10.35%)

APPF Financial Metrics (MRY)


Metric

2024

2023

2022

2021

Gross Margin

64.50% (4.71%)

61.60% (3.88%)

59.30% (-1.00%)

59.90% (-2.76%)

Profit Margin

25.70% (6325.00%)

0.40% (102.78%)

-14.40% (-4900.00%)

0.30% (-99.41%)

EBITDA Margin

21.40% (262.71%)

5.90% (181.94%)

-7.20% (-177.42%)

9.30% (-87.35%)

Return on Average Equity (ROAE)

49.70% (4418.18%)

1.10% (104.40%)

-25.00% (-6350.00%)

0.40% (-99.47%)

Return on Average Assets (ROAA)

39.50% (5542.86%)

0.70% (103.95%)

-17.70% (-6000.00%)

0.30% (-99.34%)

Return on Sales (ROS)

18.90% (1353.85%)

1.30% (109.03%)

-14.40% (-4900.00%)

0.30% (-99.53%)

Return on Invested Capital (ROIC)

43.80% (995.00%)

4.00% (113.16%)

-30.40% (-6180.00%)

0.50% (-99.56%)

Dividend Yield

0% (0%)

0% (0%)

0% (0%)

0% (0%)

Price to Earnings Ratio (P/E)

43.82 (-97.98%)

2,165.5 (4107.14%)

-54.04 (-101.34%)

4,035.33 (10254.97%)

Price to Sales Ratio (P/S)

11.26 (13.21%)

9.95 (27.24%)

7.82 (-32.88%)

11.65 (-41.46%)

Price to Book Ratio (P/B)

17.26 (-17.16%)

20.84 (49.34%)

13.95 (-1.13%)

14.11 (-34.71%)

Debt to Equity Ratio (D/E)

0.21 (-44.80%)

0.38 (-13.99%)

0.44 (17.20%)

0.37 (2.76%)

Earnings Per Share (EPS)

5.63 (6937.50%)

0.08 (104.10%)

-1.95 (-6600.00%)

0.03 (-99.35%)

Sales Per Share (SPS)

21.91 (25.81%)

17.41 (29.19%)

13.48 (29.69%)

10.39 (14.85%)

Free Cash Flow Per Share (FCFPS)

4.99 (283.12%)

1.3 (1004.24%)

0.12 (53.25%)

0.08 (-18.09%)

Book Value Per Share (BVPS)

14.32 (71.65%)

8.35 (10.02%)

7.58 (-11.80%)

8.6 (3.06%)

Tangible Assets Book Value Per Share (TABVPS)

12.85 (39.17%)

9.23 (13.40%)

8.14 (-5.84%)

8.65 (5.23%)

Enterprise Value Over EBIT (EV/EBIT)

59 (-92.36%)

772 (1529.63%)

-54 (-101.60%)

3,381 (10806.45%)

Enterprise Value Over EBITDA (EV/EBITDA)

52.55 (-68.84%)

168.63 (254.83%)

-108.91 (-187.42%)

124.58 (367.79%)

Asset Turnover

1.54 (-6.57%)

1.64 (34.31%)

1.22 (35.70%)

0.9 (1.01%)

Current Ratio

5.3 (35.76%)

3.9 (18.88%)

3.28 (8.99%)

3.01 (-24.73%)

Dividends

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Free Cash Flow (FCF)

$180,973,000 (289.89%)

$46,417,000 (1022.00%)

$4,137,000 (54.77%)

$2,673,000 (-16.96%)

Enterprise Value (EV)

$8,940,140,724 (44.74%)

$6,176,598,590 (67.33%)

$3,691,303,563 (-11.46%)

$4,169,015,937 (-31.31%)

Earnings Before Tax (EBT)

$150,322,000 (1779.73%)

$7,997,000 (111.99%)

-$66,717,000 (-3947.58%)

$1,734,000 (-99.12%)

Earnings Before Interest Taxes & Depreciation Amortization (EBITDA)

$170,142,000 (364.50%)

$36,629,000 (208.07%)

-$33,894,000 (-201.28%)

$33,464,000 (-85.32%)

Invested Capital

$397,474,000 (58.51%)

$250,749,000 (23.44%)

$203,134,000 (-16.81%)

$244,191,000 (85.56%)

Working Capital

$272,122,000 (34.32%)

$202,591,000 (44.58%)

$140,125,000 (32.25%)

$105,953,000 (-29.15%)

Tangible Asset Value

$465,782,000 (41.61%)

$328,910,000 (15.40%)

$285,009,000 (-4.66%)

$298,947,000 (6.19%)

Market Capitalization

$8,964,155,724 (44.69%)

$6,195,427,590 (67.21%)

$3,705,279,563 (-11.71%)

$4,196,900,937 (-32.09%)

Average Equity

$410,681,000 (60.03%)

$256,622,500 (-5.93%)

$272,788,000 (-6.11%)

$290,532,750 (38.38%)

Average Assets

$517,015,500 (37.00%)

$377,387,000 (-2.08%)

$385,390,250 (-3.24%)

$398,293,250 (14.66%)

Invested Capital Average

$342,993,500 (71.55%)

$199,943,500 (-10.44%)

$223,240,000 (-4.25%)

$233,159,000 (33.42%)

Shares

36,333,316 (1.60%)

35,762,108 (1.71%)

35,161,127 (1.42%)

34,667,941 (0.99%)