Appfolio, inc. (APPF)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Sep'14Jun'14
Revenue

72,495

67,362

67,935

63,624

57,091

50,365

50,126

47,240

42,340

37,897

37,903

35,877

32,126

28,010

28,162

26,203

23,211

20,399

20,305

18,425

15,848

13,024

11,594

Costs and operating expenses:
Cost of revenue (exclusive of depreciation and amortization)

28,961

26,403

25,930

25,128

24,181

19,925

19,282

17,729

16,613

14,536

14,053

13,701

12,993

11,243

11,645

11,212

10,530

9,465

9,264

8,109

7,065

5,979

5,447

Sales and marketing

14,506

14,441

12,636

13,232

11,219

9,577

8,681

7,625

7,405

7,153

7,257

7,192

7,107

6,730

6,979

7,567

7,551

7,100

7,028

6,239

5,709

4,312

3,717

Research and product development

11,212

11,086

10,602

9,339

8,481

6,588

6,440

5,750

5,333

4,580

4,367

4,002

3,629

3,107

3,464

3,024

3,043

2,594

2,797

2,154

2,009

1,838

1,576

General and administrative

8,572

9,117

8,955

8,214

8,192

7,786

6,541

5,248

5,316

5,889

5,405

5,101

4,804

5,399

4,642

4,389

3,549

3,356

3,888

3,707

3,392

1,180

1,485

Depreciation and amortization

6,414

6,226

5,678

5,415

5,076

3,792

3,705

3,579

3,500

3,352

3,237

3,114

2,996

2,823

2,636

2,359

2,117

1,852

1,638

1,431

1,183

988

886

Total costs and operating expenses

69,665

67,273

63,801

61,328

57,149

47,668

44,649

39,931

38,167

35,510

34,319

33,110

31,529

29,302

29,366

28,551

26,790

24,367

24,615

21,640

19,358

14,297

13,111

Income (loss) from operations

2,830

89

4,134

2,296

-58

2,697

5,477

7,309

4,173

2,387

3,584

2,767

597

-1,292

-1,204

-2,348

-3,579

-3,978

-4,310

-3,215

-3,500

-1,273

-1,517

Other income (expense), net

22

84

-11

-56

-1

-36

1

-18

-3

-3

-5

-60

-28

-3

-12

2

-24

13

-1

-5

-2

-6

-29

Interest expense, net

-494

-330

-400

-427

-497

156

229

226

176

158

155

120

102

25

102

95

24

106

-426

-243

-32

11

11

Income (loss) before provision for (benefit from) income taxes

2,358

-157

3,723

1,813

-556

2,841

5,700

7,500

4,346

2,542

3,734

2,827

671

-1,270

-1,114

-2,251

-3,579

-3,849

-4,737

-3,463

-3,544

-1,268

-1,535

Income Tax Expense (Benefit)

400

-4,559

-1,300

-21,300

-4,300

168

183

43

26

-35

52

30

11

19

11

13

24

15

23

-63

100

0

0

Net Income (Loss) Attributable to Parent

1,983

4,428

4,978

23,151

3,725

2,649

5,524

7,474

4,320

2,577

3,682

2,797

660

-1,289

-1,125

-2,264

-3,603

-3,890

-4,760

-3,400

-3,618

-1,268

-1,535

Net income per common share:
Basic (in dollars per share)

0.06

0.13

0.15

0.68

0.11

0.08

0.16

0.22

0.13

0.08

0.11

0.08

0.02

-0.04

-0.03

-0.07

-0.11

-

-

-

-

-

-

Diluted (in dollars per share)

0.06

0.12

0.14

0.65

0.11

0.07

0.16

0.21

0.12

0.08

0.10

0.08

0.02

-0.04

-0.03

-0.07

-0.11

-

-

-

-

-

-

Weighted average common shares outstanding:
Basic (in shares)

34,175

34,094

34,047

34,010

33,913

34,050

34,219

34,173

34,070

33,947

33,905

33,838

33,706

33,658

33,600

33,523

33,463

-

-

-

-

-

-

Diluted (in shares)

35,681

36,093

35,421

35,412

35,342

35,930

35,610

35,408

35,300

35,706

35,205

34,928

34,765

33,658

33,600

33,523

33,463

-

-

-

-

-

-

Net loss per share, basic and diluted (usd per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.14

-0.36

-0.41

-0.14

-0.18

Weighted average common shares outstanding, basic and diluted (shares)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

33,314

9,328

8,913

8,807

8,760