APPFOLIO INC

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
ASSETS
Current assets:
Cash and Cash Equivalents, at Carrying Value $10.7m $16.1m $74.1m $15.8m $140.3m $57.8m $70.8m $49.5m $42.5m $107.0m
Prepaid Expense and Other Assets, Current $3.5m $4.5m $11.8m $15.5m $20.8m $23.6m $24.9m $39.9m $32.8m $65.2m
Assets, Current $32.2m $53.8m $108.0m $61.8m $199.4m $158.6m $201.5m $272.4m $335.4m $353.3m
Property, Plant and Equipment, Net $7.1m $6.7m $6.9m $14.7m $26.4m $30.5m $26.1m $28.4m $24.5m $23.2m
Goodwill $6.7m $6.7m $15.5m $58.4m $56.1m $56.1m $56.1m $56.1m $96.4m $96.4m
Intangible Assets, Net (Excluding Goodwill) $3.1m $1.7m $5.9m $21.4m $16.4m $11.7m $4.8m $2.4m $49.1m $38.8m
Operating Lease, Right-of-Use Asset $0 $27.8m $30.6m $41.7m $23.5m $19.3m $17.5m $15.9m
Other Assets, Noncurrent $1.2m $1.2m $7.7m $6.3m $6.2m $7.1m $8.8m $8.9m $11.5m $14.1m
Additional Financial Items
Accounts Receivable, after Allowance for Credit Loss, Current $2.5m $3.4m $5.5m $7.6m $10.1m $12.6m $16.5m $20.7m $24.3m $36.9m
Accrued Liabilities, Current $4.0m $4.3m $8.3m $10.8m $14.1m $13.3m $15.6m $21.7m $14.7m $20.8m
Assets $92.6m $110.2m $175.7m $260.1m $389.5m $408.0m $381.2m $408.9m $626.7m $689.0m
LIABILITIES AND EQUITY
Current liabilities:
Operating Lease, Liability, Current $2.8m $1.8m $1.9m $3.4m $3.6m $4.3m $4.9m
Accounts Payable, Current $937k $610k $1.5m $1.9m $1.0m $1.7m $2.5m $1.1m $2.4m $4.1m
Operating Lease, Liability, Noncurrent $33.3m $40.1m $55.7m $50.2m $41.1m $37.5m $33.3m
Long-term Debt, Excluding Current Maturities $48.6m $47.4m
Deferred Revenue, Current $7.6m $7.1m
Long-term Debt, Current Maturities $1.2m $1.2m $0
Liabilities, Current $21.4m $23.9m $28.2m $47.5m $49.8m $52.6m $61.3m $69.8m $63.3m $106.8m
Deferred Income Tax Liabilities, Net $13.6m $1.7m $0
Other Liabilities, Noncurrent $1.5m $1.3m $7.1m $14k $4.1m $697k $6.6m $6.3m
Deferred Tax Liabilities, Net $73k $78k $159k $1.4m $1.7m $685k $697k
Liabilities $22.9m $25.2m $83.9m $128.2m $103.6m $110.6m $115.7m $111.6m $107.4m $146.4m
Stockholders’ equity:
Preferred Stock, Value, Issued $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Additional Paid in Capital $146.7m $152.5m $157.9m $161.5m $161.2m $171.9m $209.7m $237.0m $254.8m $284.1m
Retained Earnings (Accumulated Deficit) ($77.0m) ($67.2m) ($44.3m) ($8.0m) $150.4m $151.4m $83.3m $86.0m $290.0m $431.0m
Accumulated Other Comprehensive Income (Loss), Net of Tax ($51k) ($209k) ($178k) $33k $56k ($194k) ($1.7m) $99k $173k $30k
Stockholders' Equity Attributable to Parent $69.7m $85.1m $91.8m $131.9m $285.9m $297.4m $265.5m $297.3m $519.3m $542.6m
Liabilities and Equity $92.6m $110.2m $175.7m $260.1m $389.5m $408.0m $381.2m $408.9m $626.7m $689.0m