Company name:

AppFolio Inc

  • IPO SHARE PRICE:
    $12.00
  • IPO DATE:
    June 26, 2015
  • TICKER:
    APPF
  • MAIN STOCK EXCHANGE:
    NASDAQ
  • CURRENT HQ LOCATION:
    50 Castilian Drive Santa Barbara California 93117
  • FISCAL YEAR END:
    December 31
  • INCORPORATION JURISDICTION:
    DE
  • ORGANIZED AS THE FOLLOWING LEGAL TYPE:
    Corporation
  • Investor Relations Webpage:
    Coming soon!
  • TAX RATE:
    USA federal corporate nominal income tax rate is 21%

Short Description

AppFolio Inc

We are working hard and as soon as possible to provide company description soon. Feel free to reach out to request it sooner: improve@real-clear-investing.com

Statement of Cash Flow

Quarterly Annual
(USD in thousand)
Selected Year:
31-Dec
2020
OPERATING ACTIVITIES
Cash received and spent on operating activites of business — buying materials, paying salaries, receiving payments from clients, etc
64.2% - Net income (loss)
11.8% - Deferred income taxes
10.9% - Depreciation and amortization
3.8% - Other liabilities
3.7% - Stock-based compensation
2.8% - Accrued expenses
1.5% - Operating lease right-of-use asset amortization
1.1% - Accrued employee expenses
0.2% - Deferred revenue
0.1% - Other
SOURCEs
10.9% 11.8% 3.8% 3.7% 64.2%
100 %
0%
USES
19.6% 76.1%
76.1% - Gain on sale of business
2.4% - Prepaid expenses and other assets
1.1% - Accounts receivable
0.4% - Accounts payable
0.2% - Operating lease liabilities
0.2% - Other assets
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Net income (loss)
$45,679
$45,679
$45,679
$45,679
$45,679
 $19,967 $36,282 $158,403 $158,403 ($2,052)
Depreciation and amortization
$45,679
$45,679
$45,679
$45,679
$45,679
 14,576 22,395 26,790 26,790 28,156
Operating lease right-of-use asset amortization
-
-
-
-
-
 - 4,130 3,701 3,701 2,912
Amortization of (discount) premium on investments
$45,679
$45,679
$45,679
$45,679
$45,679
 142 - - - -
Amortization of deferred financing costs
$45,679
$45,679
$45,679
$45,679
$45,679
 60 - - - -
Lease termination expense
-
$45,679
$45,679
$45,679
$45,679
 - - - - -
Stock-based compensation
$45,679
$45,679
$45,679
$45,679
$45,679
 6,337 7,309 9,025 9,025 8,868
Deferred income taxes
-
-
-
-
-
 - (31,455) 29,002 29,002 24,496
(Income) loss from equity method investments
$45,679
$45,679
-
-
-
 - - - - -
(Gain) loss on sale of property equipment and intangibles (Gain) loss on sale of property equipment and intangibles
$45,679
$45,679
$45,679
$45,679
$45,679
 22 - - - -
Gain on sale of business
-
-
-
-
-
 - - (187,658) (187,658) (88)
Gain on sale to SecureDocs
$45,679
-
-
-
-
 - - - - -
Change in fair value of contingent consideration
$45,679
$45,679
-
-
-
 - - - - -
Accounts receivable
$45,679
$45,679
$45,679
$45,679
$45,679
 (908) (2,031) (2,782) (2,782) (2,212)
Prepaid expenses and other assets
$45,679
$45,679
$45,679
$45,679
$45,679
 (6,073) (4,031) (5,894) (5,894) (20,140)
Other assets
$45,679
$45,679
$45,679
$45,679
$45,679
 (4,447) 1,376 (519) (519) (796)
Accounts payable
$45,679
$45,679
$45,679
$45,679
$45,679
 614 511 (903) (903) (6,392)
Accrued expenses
$45,679
$45,679
$45,679
$45,679
$45,679
 3,281 55 6,878 6,878 3,788
Accrued employee expenses
$45,679
$45,679
$45,679
$45,679
$45,679
 1,219 4,542 2,799 2,799 3,520
Deferred revenue
$45,679
$45,679
$45,679
$45,679
$45,679
 (4,589) 1,193 530 530 (1,140)
Operating lease liabilities
-
-
-
-
-
 - (2,662) (564) (564) 2,284
Other
-
-
-
-
$45,679
 224 32 125 125 (180)
Other liabilities
$45,679
$45,679
$45,679
$45,679
$45,679
 6,067 1,241 9,366 9,366 (28,692)
Net cash provided by (used in) operating activities
$45,679
$45,679
$45,679
$45,679
$45,679
 $36,268 $38,887 $48,299 $48,299 $12,332
Selected Year:
31-Dec
2020
INVESTING ACTIVITIES
Cash spent on acquiring plant, equipment and other businesses, cash recei0 from sale of plant, equipment and subsidiaries as well cash parked temporarily in different securities - government bonds typically
81.3% - Sale of businesses
11.6% - Maturities of available-for-sale securities
7.1% - (Purchases) sale of available-for-sale securities
SOURCEs
81.3% 7.1% 11.6%
100 %
0%
USES
80.9% 11.1% 8.1%
11.1% - Capitalized internal-use software development costs
8.1% - (Purchase) sale of property equipment and intangible assets
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
(Purchases) sale of available-for-sale securities
-
-
-
-
-
 - - 16,711 16,711 11,076
(Purchases) sale of investment securities
$45,679
$45,679
$45,679
$45,679
$45,679
 20,900 - - - -
Sale of investment securities
-
-
-
-
$45,679
 20,900 2,750 - - -
Purchases of investment securities
-
-
-
-
$45,679
 (29,516) (25,198) - - -
Maturities of investment securities
$45,679
$45,679
$45,679
$45,679
$45,679
 32,819 15,660 - - -
Maturities of available-for-sale securities
-
-
-
-
-
 - - 27,330 27,330 56,120
(Purchase) sale of property and equipment
$45,679
$45,679
$45,679
$45,679
$45,679
 (2,102) - - - -
Additions to capitalized software
$45,679
$45,679
$45,679
$45,679
$45,679
 (12,304) (20,998) - - -
(Purchase) sale of property equipment and intangible assets (Purchase) sale of property equipment and intangible assets
-
-
-
-
$45,679
 (2,102) (8,084) (19,038) (19,038) (9,948)
Purchases of intangible assets
$45,679
$45,679
$45,679
$45,679
$45,679
 - - - - -
Capitalized internal-use software development costs
-
-
-
-
-
 - - (26,042) (26,042) (104,168)
Acquisitions
-
-
-
-
-
 (14,441) (54,004) - - -
Acquisition of business net of cash
$45,679
$45,679
$45,679
$45,679
$45,679
 (14,441) - - - -
Sale of businesses
-
-
-
-
-
 - - 191,427 191,427 -
Net cash provided by (used in) investing activities
$45,679
$45,679
$45,679
$45,679
$45,679
 ($4,644) ($89,874) $146,511 $146,511 ($24,124)
Selected Year:
31-Dec
2020
FINANCING ACTIVITIES
Items in this group are concerned with borrowing funds, repaying debt, issuing equity, buying back shares, etc.
41.6% - Borrowing
0.7% - Issuance of common stock from exercise of stock options
SOURCEs
57.7% 41.6%
100 %
0%
USES
4.9% 10.0% 81.7% 3.4%
81.7% - Repayment of debt
10.0% - Employee withholding taxes paid on share-based compensation
4.9% - Contingent consideration payment
3.4% - Stock repurchases
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Initial Public Offering (IPO) net
$45,679
-
$45,679
-
-
 - - - - -
Issuance of convertible preferred stock
$45,679
-
-
-
-
 - - - - -
Issuance of common stock from exercise of stock options Issuance of common stock from exercise of stock options
-
-
-
-
-
 - - 822 822 3,288
Proceeds from issuance of common stock upon exercise of stock options Proceeds from issuance of common stock upon exercise of stock options
$45,679
$45,679
$45,679
$45,679
$45,679
 1,035 553 - - -
Proceeds from issuance of options
$45,679
-
$45,679
-
-
 - - - - -
Proceeds from issuance of restricted stock
$45,679
-
$45,679
-
-
 - - - - -
Initial public offering costs
$45,679
-
$45,679
-
-
 - - - - -
Repayment of debt
$45,679
$45,679
$45,679
$45,679
$45,679
 (138) (3,419) (99,565) (99,565) -
Borrowing
$45,679
$45,679
$45,679
$45,679
$45,679
 50,138 2,169 50,752 50,752 -
Repayments of capital leases
$45,679
$45,679
$45,679
$45,679
$45,679
 - - - - -
Debt issuance costs
$45,679
-
$45,679
-
-
 - (420) - - -
Contingent consideration payment
$45,679
-
$45,679
-
-
 - - (5,977) (5,977) -
Employee withholding taxes paid on share-based compensation Employee withholding taxes paid on share-based compensation
-
$45,679
$45,679
$45,679
$45,679
 (3,127) (6,155) (12,196) (12,196) (4,948)
Stock repurchases
-
-
-
$45,679
$45,679
 (21,562) - (4,194) (4,194) -
Net cash provided by (used in) financing activities
$45,679
$45,679
$45,679
$45,679
$45,679
 $26,346 ($7,272) ($70,358) ($70,358) ($3,268)
Selected Year:
31-Dec
2020
NET CHANGE IN CASH
Grand Total for sum of cash flows coming from operations, investing and financing
$124,452,000
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Cash and equivalents - Beginning of period
$45,679
$45,679
$45,679
$45,679
$45,679
 $16,536 $74,506 $16,247 - $577,856
(Decrease) increase in cash and cash equivalents
$45,679
$45,679
$45,679
$45,679
$45,679
 57,970 (58,259) 124,452 - (15,060)
Cash and equivalents - End of period
$45,679
$45,679
$45,679
$45,679
$45,679
 $74,506 $16,247 $140,699 - $562,796