Stock Data
$0.64 (0.36%)
Asset Type
Common Stock
Exchange
NASDAQ
Currency
USD
Country
USA
Sector
TECHNOLOGY
Industry
SOFTWARE - APPLICATION
AppFolio Inc offers cloud-based software solutions tailored for the real estate industry, simplifying property and investment management. Their platform, including AppFolio Property Manager and AppFolio Investment Manager, automates workflows such as leasing, maintenance, and accounting. With additional features for complex operations and customer relationship management, AppFolio serves a range of property management needs. The company also provides electronic payment, tenant screening, and insurance services to enhance and streamline property management processes. Founded in 2006, AppFolio is headquartered in Santa Barbara, California.
AppFolio just crossed $1 billion in trailing revenue and raised full-year guidance as property managers pour into its AI-driven tools, with Value Added Services revenue jumping 22% year over year to $219.5 million. Operating cash flow soared 66% to $87.6 million, signaling the platform's expanding margin power.
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