AppFolio, Inc.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 |
|---|---|---|---|---|---|
| Revenue | $143.8M | $105.6M | $75.0M | $47.7M | $26.5M |
| Cost of Revenue | $55.3M | $44.6M | $33.9M | $22.6M | $13.6M |
| Gross Profit | $88.5M | $61.0M | $41.1M | $25.1M | $12.9M |
| Gross Margin | 61.6% | 57.7% | 54.8% | 52.7% | 48.7% |
| Operating Expenses | |||||
| Research & Development | $16.6M | $12.6M | $9.6M | $6.5M | $5.1M |
| SG&A Expense | $21.2M | $18.0M | $14.3M | $6.5M | $2.3M |
| Operating Income | $9.3M | $-8.4M | $-15.0M | $-8.6M | $-7.6M |
| Operating Margin | 6.5% | -8.0% | -20.0% | -18.0% | -28.6% |
| Interest Expense | — | — | $800.0K | — | — |
| Pretax Income | $9.8M | $-8.2M | $-15.6M | $-8.6M | $-7.3M |
| Income Tax Expense | $58.0K | $67.0K | $75.0K | $0 | $0 |
| Net Income | $9.7M | $-8.3M | $-15.7M | $-8.6M | $-7.3M |
| Net Margin | 6.8% | -7.8% | -20.9% | -18.1% | -27.5% |
| EPS (Basic) | $0.29 | $-0.25 | $-0.73 | $-0.98 | $-0.87 |
| EPS (Diluted) | $0.28 | $-0.25 | $-0.73 | $-0.98 | $-0.87 |
| Shares Outstanding (Basic) | 33.8M | 33.6M | 21.3M | — | — |
| Shares Outstanding (Diluted) | 35.2M | 33.6M | 21.3M | — | — |
| Dividends Per Share | — | — | — | — | — |