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Dec 31, 2020
Appfolio Q4 2020 Earnings Report
Appfolio's financial performance remained strong with revenue growth, despite challenges posed by the divestiture of MyCase and the ongoing pandemic.
Key Takeaways
AppFolio reported a slight net loss for Q4 2020 of $513k, with revenue increasing to $72.432 million. The company's annual revenue reached $310.056 million, and net income was $158.403 million.
Q4 revenue increased to $72.432 million compared to $67.362 million in Q4 2019.
Net loss for Q4 2020 was $513k, compared to a net income of $4.428 million in Q4 2019.
Full year revenue reached $310.056 million.
The company didn't provide revenue guidance for fiscal year 2021 due to uncertainty in the current operating environment.
Forward Guidance
The Company is not providing revenue guidance for fiscal year 2021 due to limited visibility into future business trends and financial performance in the current operating environment. Diluted weighted average shares are expected to be approximately 36 million for fiscal year 2021.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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