
AppFolio Revenue Surges 28% to $794M on Value-Added Services Boom
AppFolio, Inc.Description
What this story covers
AppFolio's 2024 10-K reveals 28% revenue growth to $794.2M, driven by 33% rise in Value Added Services like payments and screening. Net income hit $204.1M amid cost efficiencies. Units under management reached 8.7M, with strong liquidity of $278M supporting AI innovations and the Move EZ acquisition, despite regulatory and cyber risks.
Story snapshot
CompanyAppFolio, Inc.
TickerAPPF
VariantStandard detailed
Duration9:46
Filing type10-K
PeriodAnnual 2024
IndustryTechnology
Accession0001433195-25-000013
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