← APPFOLIO INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | ($8.3m) |
$9.7m
+217.33%
|
$20.0m
+105.51%
|
$36.3m
+81.71%
|
$158.4m
+336.59%
|
$1.0m
-99.35%
|
($68.1m)
-6726.36%
|
$2.7m
+103.97%
|
$204.1m
+7452.48%
|
$140.9m
-30.94%
|
— | |
| Depreciation, Depletion and Amortization | $9.9m | $12.7m | $14.6m | $22.4m | $26.8m | $30.8m | $33.1m | $26.5m | $17.8m | $22.7m | $22.9m | |
| Amortization of Debt Issuance Costs | $63k | $63k | $60k | — | — | — | — | — | — | — | — | |
| Amortization of Intangible Assets | $1.4m | $1.4m | $1.2m | $5.3m | $4.9m | $4.6m | $4.4m | $2.5m | $2.1m | $10.2m | — | |
| Capitalized Computer Software, Amortization | $6.2m | $9.0m | $11.0m | $14.0m | $17.9m | $21.5m | $23.6m | $19.2m | $12.2m | $8.2m | — | |
| Depreciation | $9.9m | $2.3m | $2.4m | $3.1m | $4.0m | $4.7m | $5.1m | $7.3m | $5.2m | $4.3m | $22.9m | |
| Deferred Income Tax Expense (Benefit) | — | — | $81k | ($31.4m) | $29.0m | $340k | ($597k) | ($489k) | ($86.5m) | $17.5m | $47.3m | |
| Share-based Payment Arrangement, Noncash Expense | $4.3m | $6.1m | $6.3m | $7.3m | $9.0m | $17.2m | $43.2m | $54.9m | $62.1m | $70.8m | $74.6m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $111k | $1.8m | $3.1m | $6.2m | $12.2m | $10.0m | $10.6m | $28.6m | $47.3m | $43.2m | — | |
| Share-based Payment Arrangement, Expense | — | — | — | — | — | — | $40.9m | $52.4m | $60.3m | $70.8m | $74.6m | |
| Goodwill, Impairment Loss | — | — | — | — | $0 | — | — | — | — | — | $0 | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | $0 | $0 | $0 | $0 | $0 | $0 | — | — | — | — | — | |
| Equity Method Investment, Realized Gain (Loss) on Disposal | $0 | — | — | — | — | — | — | — | — | — | — | |
| Other Nonoperating Income (Expense) | ($37k) | ($96k) | ($56k) | $16k | $188.9m | $13.1m | $4.5m | $3k | $697k | $38k | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | $463k | $876k | $908k | $2.0m | $2.8m | $2.1m | $4.2m | $4.2m | $3.4m | $12.5m | ($18.2m) | |
| Increase (Decrease) in Accounts Payable | ($904k) | ($100k) | $614k | $511k | ($903k) | $497k | $1.2m | ($1.6m) | $1.6m | $1.8m | $1.6m | |
| Purchases of property and equipment, accrued but unpaid | $4.2m | $2.2m | $2.1m | $8.1m | $19.0m | $8.1m | $6.5m | $9.0m | $2.0m | $3.2m | ($7.4m) | |
| Net Cash Provided by (Used in) Operating Activities | $11.5m |
$29.4m
+155.40%
|
$36.3m
+23.48%
|
$38.9m
+7.22%
|
$48.3m
+24.20%
|
$35.4m
-26.73%
|
$25.4m
-28.33%
|
$60.3m
+137.66%
|
$188.2m
+212.13%
|
$242.1m
+28.67%
|
$272.9m
+12.72%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $4.2m | $2.2m | $2.1m | $8.1m | $19.0m | $8.1m | $6.5m | $9.0m | $2.0m | $3.2m | ($7.4m) | |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | ($41k) | ($97k) | ($22k) | — | — | — | — | — | — | — | — | |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | $21.3m | $16.5m | $32.8m | $15.7m | $27.3m | $107.4m | $87.9m | $152.4m | $240.0m | $119.0m | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | $0 | $0 | — | — | $0 | $0 | — | — | $77.4m | $906k | $0 | |
| Net Cash Provided by (Used in) Investing Activities | ($13.1m) | ($22.8m) | ($4.6m) | ($89.9m) | $146.5m | ($110.5m) | ($6.5m) | ($55.6m) | ($151.8m) | $10.2m | $32.7m | |
| Cash flows from financing activities: | ||||||||||||
| Payments for Repurchase of Common Stock | — | — | $21.6m | $0 | $4.2m | $0 | $0 | — | — | $145.7m | — | |
| Net Cash Provided by (Used in) Financing Activities | $201k |
($1.1m)
-663.68%
|
$26.3m
+2425.33%
|
($7.3m)
-127.60%
|
($70.4m)
-867.52%
|
($7.3m)
+89.56%
|
($6.2m)
+16.13%
|
($26.0m)
-321.24%
|
($43.4m)
-67.19%
|
($187.9m)
-332.89%
|
($161.7m)
+13.95%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | ($58.3m) | $124.5m | ($82.4m) | $12.7m | ($21.3m) | ($7.0m) | $64.5m | $217.7m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | $74.5m | $16.2m | $140.7m | $58.3m | $71.0m | $49.8m | $42.8m | $107.2m | $217.7m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Proceeds from Stock Options Exercised | $352k | $663k | $1.0m | $553k | $822k | $2.6m | $4.5m | $2.6m | $3.9m | $134k | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | $118k | $2.2m | $1.8m | $0 | $0 | — | — | — | — | |
| Income Taxes Paid, Net | $27k | $30k | $82k | $545k | $85k | $9.3m | $3.3m | $8.1m | $14.0m | $28.8m | — | |
| Noncash investing and financing activities: | ||||||||||||
| Additional Financial Items | ||||||||||||
| Gain (Loss) on Disposition of Business | ($161k) | $0 | — | — | $187.7m | $380k | $4.2m | $0 | $0 | — | — | |
| General and Administrative Expense | $18.0m | $21.2m | $24.9m | $34.5m | $47.5m | $57.3m | $100.8m | $93.5m | $86.0m | $95.6m | — | |
| Goodwill | $6.7m | $6.7m | $15.5m | $58.4m | $56.1m | $56.1m | $56.1m | $56.1m | $96.4m | $96.4m | $0 | |
| Income Tax Expense (Benefit) | $67k | $58k | $420k | ($31.5m) | $38.4m | $706k | $1.4m | $5.3m | ($53.7m) | $20.2m | — |