Appfolio Historical Income Statement

APPF Stock  USD 208.50  3.99  1.88%   
Historical analysis of Appfolio income statement accounts such as Interest Expense of 1.4 M, Selling General Administrative of 88.3 M or Selling And Marketing Expenses of 54.2 M can show how well Appfolio performed in making a profits. Evaluating Appfolio income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Appfolio's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Appfolio latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Appfolio is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Appfolio. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
For more detail on how to invest in Appfolio Stock please use our How to Invest in Appfolio guide.

About Appfolio Income Statement Analysis

Appfolio Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Appfolio shareholders. The income statement also shows Appfolio investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Appfolio Income Statement Chart

Appfolio Income Statement is one of the three primary financial statements used for reporting Appfolio's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Appfolio revenue and expense. Appfolio Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Appfolio's Total Revenue is most likely to increase significantly in the upcoming years. The Appfolio's current Gross Profit is estimated to increase to about 401.5 M, while Selling And Marketing Expenses is projected to decrease to roughly 54.2 M.

Total Revenue

Total revenue comprises all receipts Appfolio generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Appfolio minus its cost of goods sold. It is profit before Appfolio operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most accounts from Appfolio's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Appfolio current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Appfolio. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
For more detail on how to invest in Appfolio Stock please use our How to Invest in Appfolio guide.At this time, Appfolio's Total Revenue is most likely to increase significantly in the upcoming years. The Appfolio's current Gross Profit is estimated to increase to about 401.5 M, while Selling And Marketing Expenses is projected to decrease to roughly 54.2 M.
 2021 2022 2023 2024 (projected)
Gross Profit215.4M280.1M382.4M401.5M
Total Revenue359.4M471.9M620.4M651.5M

Appfolio income statement Correlations

0.250.850.90.80.790.81-0.15-0.150.70.380.810.80.280.390.280.160.170.150.330.40.140.95
0.250.470.420.480.480.5-0.18-0.180.53-0.010.490.5-0.68-0.72-0.62-0.71-0.73-0.710.56-0.70.550.28
0.850.470.930.960.960.98-0.25-0.250.950.240.970.990.030.13-0.030.18-0.230.180.660.160.590.9
0.90.420.930.880.870.9-0.29-0.290.840.210.880.90.030.160.00.14-0.160.130.520.190.430.9
0.80.480.960.881.01.0-0.01-0.010.980.451.00.990.110.120.070.18-0.190.170.810.160.690.87
0.790.480.960.871.00.990.010.010.980.471.00.990.120.120.080.18-0.180.180.810.170.690.86
0.810.50.980.91.00.99-0.1-0.10.990.371.01.00.060.10.010.17-0.240.160.780.140.680.88
-0.15-0.18-0.25-0.29-0.010.01-0.11.0-0.070.85-0.04-0.140.530.160.590.070.450.070.270.180.1-0.21
-0.15-0.18-0.25-0.29-0.010.01-0.11.0-0.070.85-0.04-0.140.530.160.590.070.450.070.270.180.1-0.21
0.70.530.950.840.980.980.99-0.07-0.070.350.980.980.010.03-0.050.16-0.320.160.860.070.780.81
0.38-0.010.240.210.450.470.370.850.850.350.420.330.620.330.680.160.480.150.470.370.220.32
0.810.490.970.881.01.01.0-0.04-0.040.980.421.00.090.110.050.17-0.210.160.790.150.680.87
0.80.50.990.90.990.991.0-0.14-0.140.980.331.00.040.09-0.020.17-0.260.170.770.130.680.88
0.28-0.680.030.030.110.120.060.530.530.010.620.090.040.920.980.70.910.7-0.010.93-0.270.24
0.39-0.720.130.160.120.120.10.160.160.030.330.110.090.920.870.770.850.77-0.151.0-0.380.36
0.28-0.62-0.030.00.070.080.010.590.59-0.050.680.05-0.020.980.870.540.940.54-0.050.88-0.360.22
0.16-0.710.180.140.180.180.170.070.070.160.160.170.170.70.770.540.461.00.040.780.070.19
0.17-0.73-0.23-0.16-0.19-0.18-0.240.450.45-0.320.48-0.21-0.260.910.850.940.460.46-0.370.84-0.640.07
0.15-0.710.180.130.170.180.160.070.070.160.150.160.170.70.770.541.00.460.030.780.060.19
0.330.560.660.520.810.810.780.270.270.860.470.790.77-0.01-0.15-0.050.04-0.370.03-0.10.890.47
0.4-0.70.160.190.160.170.140.180.180.070.370.150.130.931.00.880.780.840.78-0.1-0.340.38
0.140.550.590.430.690.690.680.10.10.780.220.680.68-0.27-0.38-0.360.07-0.640.060.89-0.340.28
0.950.280.90.90.870.860.88-0.21-0.210.810.320.870.880.240.360.220.190.070.190.470.380.28
Click cells to compare fundamentals

Appfolio Account Relationship Matchups

Appfolio income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization26.5M30.5M32.2M34.0M26.5M20.0M
Interest Expense1.7M(1.8M)501K1.2M1.4M1.4M
Selling General Administrative34.5M47.5M57.3M100.8M84.1M88.3M
Selling And Marketing Expenses51.5M58.4M73.2M107.4M107.6M54.2M
Total Revenue256.0M310.1M359.4M471.9M620.4M651.5M
Gross Profit154.4M191.0M215.4M280.1M382.4M401.5M
Other Operating Expenses249.6M300.3M371.2M544.3M619.5M650.5M
Operating Income6.5M9.8M(11.9M)(72.4M)10.3M10.8M
Ebit6.5M9.8M(11.9M)(72.4M)10.3M10.8M
Research Development39.5M48.5M66.0M111.1M151.4M158.9M
Ebitda33.0M40.3M20.4M(38.4M)36.8M38.6M
Cost Of Revenue101.6M119.0M143.9M191.8M238.1M250.0M
Total Operating Expenses147.9M181.2M227.3M352.4M381.4M400.5M
Income Before Tax4.8M196.8M1.7M(66.7M)8.0M13.5M
Total Other Income Expense Net(1.6M)187.0M13.6M5.7M(2.3M)(2.2M)
Net Income36.3M158.4M1.0M(68.1M)2.7M2.6M
Income Tax Expense(31.5M)38.4M706K1.4M5.3M5.6M
Net Income From Continuing Ops36.3M158.4M1.0M(68.1M)(47.3M)(44.9M)
Net Income Applicable To Common Shares36.3M158.4M1.0M(68.1M)(78.3M)(74.4M)
Tax Provision(31.5M)38.4M706K1.4M5.1M5.4M
Interest Income787K1.7M501K1.2M7.0M7.4M
Non Operating Income Net Other16K188.9M13.1M4.5M5.1M4.9M
Net Interest Income(1.7M)(1.8M)501K1.2M5.2M5.4M
Reconciled Depreciation26.5M30.5M32.2M34.0M29.9M28.4M

Pair Trading with Appfolio

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Appfolio position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Appfolio will appreciate offsetting losses from the drop in the long position's value.

Moving against Appfolio Stock

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The ability to find closely correlated positions to Appfolio could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Appfolio when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Appfolio - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Appfolio to buy it.
The correlation of Appfolio is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Appfolio moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Appfolio moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Appfolio can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Appfolio is a strong investment it is important to analyze Appfolio's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Appfolio's future performance. For an informed investment choice regarding Appfolio Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Appfolio. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
For more detail on how to invest in Appfolio Stock please use our How to Invest in Appfolio guide.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.

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Is Appfolio's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Appfolio. If investors know Appfolio will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Appfolio listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.89)
Earnings Share
0.07
Revenue Per Share
17.414
Quarterly Revenue Growth
0.385
Return On Assets
0.0139
The market value of Appfolio is measured differently than its book value, which is the value of Appfolio that is recorded on the company's balance sheet. Investors also form their own opinion of Appfolio's value that differs from its market value or its book value, called intrinsic value, which is Appfolio's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Appfolio's market value can be influenced by many factors that don't directly affect Appfolio's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Appfolio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Appfolio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Appfolio's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.