NASDAQ$APPF

Appfolio Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Revenue grew by 32% year-over-year and the number of units served expanded to 6.35 million.

AppFolio, Inc. reported a 32% year-over-year revenue growth in Q4 2021. The number of units served expanded to 6.35 million. The company provided revenue guidance for fiscal year 2022, expecting it to be in the range of $447 million to $457 million.

  • Revenue from continuing operations grew 32% in Q4 2021.
  • The number of units served expanded to 6.35 million.
  • Full year revenue is expected to be in the range of $447 million to $457 million for fiscal year 2022.
  • Diluted weighted average shares are expected to be approximately 36.5 million for the full year.

Headline financials

Total Revenue

$95.6M

Previous: $72.4M+32.0%
EPS (adj)

-$0.04

Previous: -$0.01-300.0%
Capital Expenditures

$2.94M

Previous: $2.49M+18.1%
Free Cash Flow

$6M

Previous: $596K+905.9%
Net Income

-$1.33M

Previous: -$513K-159.5%
Operating Income

-$7.34M

Previous: -$2.75M-166.8%
Gross Profit

$56.5M

Previous: $42.5M+32.9%
Cash & Equivalents

$57.8M

Previous: $140M-58.8%
Total Assets

$408M

Previous: $389M+4.8%
Stock-Based Comp

$7.1M

Previous: $2.22M+220.3%

Revenue & EPS history

Appfolio · Revenue · Quarterly

$95.6M

Q4 2021+32%vs Q4 2020
Beat estimate in 10 of 16 quarters(63%)
ActualEstimate

Revenue by segment

Appfolio · $163M total across 2 segments · Q3 2023

  • Value Added Services
    $123M
  • Core solutions
    $39.8M

Forward guidance

AppFolio's outlook for fiscal year 2022 includes revenue in the range of $447 million to $457 million and approximately 36.5 million diluted weighted average shares.

Tailwinds

  • Full year revenue is expected to be in the range of $447 million to $457 million.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2021

Historical avgQ4 2021

+0.2%

Avg return

Earnings day

+2.1%

Avg return

5 days after

+6.7%

Avg return

30 days after

53%

23 / 43 earnings

Positive

+26.7%

Q4 2023

Best reaction

-18.2%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+10.4%+8.5%+8.1%
Q4 2025-9.1%-11.1%-14.2%
Q3 2025+11.2%+9.2%-3.2%
Q1 2025-18.2%-12.0%-10.6%
Q4 2024-7.8%-9.1%-15.4%
Q3 2024+8.6%+10.7%+24.0%
Q2 2024-10.0%-14.4%-10.6%
Q1 2024+12.4%+5.0%+6.7%
Q4 2023+26.7%+27.7%+33.9%
Q3 2023+6.6%+6.4%+9.6%
Q2 2023+0.8%+3.5%+3.3%
Q1 2023+11.8%+10.1%+14.4%
Q4 2022-6.2%-0.6%+15.4%
Q3 2022+20.2%+22.0%+13.8%
Q2 2022+1.8%+3.7%+5.0%
Q1 2022-17.7%-9.9%-6.1%
Q4 2021+3.0%+1.3%+0.3%
Q3 2021-2.1%-5.8%-5.8%
Q2 2021-6.8%-4.5%-11.1%
Q1 2021-4.6%-2.0%+6.4%
Q4 2020-17.8%-15.4%-13.8%
Q3 2020-7.1%-11.8%+2.3%
Q2 2020+12.0%+14.2%+20.9%
Q1 2020+3.4%+16.3%+60.1%
Q4 2019-2.4%-4.6%-21.3%
Q3 2019+4.6%+8.8%+26.9%
Q2 2019-7.9%-6.8%-6.1%
Q1 2019-2.6%-0.9%+0.2%
Q4 2018-5.3%-1.7%+14.4%
Q3 2018-6.5%-0.3%+5.3%
Q2 2018+11.3%+15.0%+26.3%
Q1 2018+3.1%+13.2%+21.8%
Q4 2017-10.1%-9.3%-10.9%
Q3 2017-8.1%-8.5%-11.2%
Q2 2017+8.0%+2.9%+24.4%
Q1 2017+3.5%+7.7%+19.0%
Q4 2016+4.4%+0.6%+9.9%
Q3 2016+3.4%+16.4%+15.6%
Q2 2016+7.1%+8.3%+12.4%
Q1 2016+0.7%
Q4 2015-14.5%
Q3 2015-4.1%
Q2 2015+1.9%
Q1 2015
Q4 2014
Q3 2014
Q2 2014
Q1 2014

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro