AppFolio, Inc. APPF Income Statement

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13
Revenue
256,012	190,071	143,803	105,586	74,977	47,671	26,542
Costs and operating expenses:
Cost of revenue (exclusive of depreciation and amortization)
101,642	73,549	55,283	44,630	33,903	22,555	13,616
Sales and marketing
51,528	33,288	28,709	28,827	26,076	16,876	10,337
Research and product development
39,508	24,111	16,578	12,638	9,554	6,505	5,057
General and administrative
34,478	24,891	21,199	17,979	14,343	6,489	2,286
Depreciation and amortization
22,395	14,576	12,699	9,935	6,104	3,805	2,850
Total costs and operating expenses
249,551	170,415	134,468	114,009	89,980	56,230	34,146
Income (loss) from operations
6,461	19,656	9,335	-8,423	-15,003	-8,559	-7,604
Other income (expense), net
16	-56	-96	-37	5	-121	287
Interest expense, net
-1,654	787	535	246	-595	59	12
Income (loss) before provision for (benefit from) income taxes
4,823	20,387	9,774	-8,214	-15,593	-8,621	-7,305
Income Tax Expense (Benefit)
-31,459	420	58	67	75	0	0
Net Income (Loss) Attributable to Parent
36,282	19,967	9,716	-8,281	-15,668	-8,621	-7,305
Net income per common share:
Basic (in dollars per share)
1.07	0.59	0.29	-0.25	-0.73	-	-
Diluted (in dollars per share)
1.02	0.56	0.28	-0.25	-0.73	-	-
Weighted average common shares outstanding:
Basic (in shares)
34,016	34,128	33,849	33,561	21,336	-	-
Diluted (in shares)
35,567	35,562	35,151	33,561	21,336	-	-
Net loss per share, basic and diluted (usd per share)
-	-	-	-	-	-0.98	-0.87
Weighted average common shares outstanding, basic and diluted (shares)
-	-	-	-	-	8,757	8,437