Appfolio Income Statement Research
| APPF Stock | USD 215.90 3.43 1.56% |
Appfolio |
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 Appfolio Valuation and Appfolio Correlation analysis. For more detail on how to invest in Appfolio Stock please use our How to Invest in Appfolio guide.At this time, Appfolio's Gross Profit is most likely to increase significantly in the upcoming years. The Appfolio's current Other Operating Expenses is estimated to increase to about 650.5 M, while Interest Expense is projected to decrease to roughly 722 K.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 215.4M | 280.1M | 382.4M | 401.5M | Total Revenue | 359.4M | 471.9M | 620.4M | 651.5M |
Appfolio income statement Correlations
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Appfolio Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Appfolio income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 1.7M | 1.8M | 501K | 1.2M | 1.4M | 722.0K | |
| Total Revenue | 256.0M | 310.1M | 359.4M | 471.9M | 620.4M | 651.5M | |
| Gross Profit | 154.4M | 191.0M | 215.4M | 280.1M | 382.4M | 401.5M | |
| Operating Income | 6.5M | 9.8M | (11.9M) | (72.4M) | 10.3M | 10.8M | |
| Ebit | 6.5M | 9.8M | (11.9M) | (72.4M) | 10.3M | 10.8M | |
| Research Development | 39.5M | 48.5M | 66.0M | 111.1M | 151.4M | 158.9M | |
| Ebitda | 33.0M | 40.3M | 20.4M | (38.4M) | 36.8M | 38.6M | |
| Cost Of Revenue | 101.6M | 119.0M | 143.9M | 191.8M | 238.1M | 250.0M | |
| Income Before Tax | 4.8M | 196.8M | 1.7M | (66.7M) | 8.0M | 13.5M | |
| Net Income | 36.3M | 158.4M | 1.0M | (68.1M) | 2.7M | 2.6M | |
| Income Tax Expense | (31.5M) | 38.4M | 706K | 1.4M | 5.3M | 5.6M | |
| Tax Provision | (31.5M) | 38.4M | 706K | 1.4M | 5.1M | 5.4M | |
| Interest Income | 787K | 1.7M | 501K | 1.2M | 7.0M | 7.4M | |
| Net Interest Income | (1.7M) | (1.8M) | 501K | 1.2M | 5.2M | 5.4M |
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
| 0.48 | DOCU | DocuSign Financial Report 13th of June 2024 | PairCorr |
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.Check out Appfolio Valuation and Appfolio Correlation analysis. For more detail on how to invest in Appfolio Stock please use our How to Invest in Appfolio guide.You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Complementary Tools for Appfolio Stock analysis
When running Appfolio's price analysis, check to measure Appfolio's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Appfolio is operating at the current time. Most of Appfolio's value examination focuses on studying past and present price action to predict the probability of Appfolio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Appfolio's price. Additionally, you may evaluate how the addition of Appfolio to your portfolios can decrease your overall portfolio volatility.
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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.