Appfolio Inc (APPF)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 204,068 | 2,702 | -68,119 | 1,028 | 158,403 |
| Revenue | US$ in thousands | 794,202 | 627,476 | 477,223 | 360,251 | 495,865 |
| Net profit margin | 25.69% | 0.43% | -14.27% | 0.29% | 31.94% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $204,068K ÷ $794,202K
= 25.69%
Based on the provided data, the net profit margin of Appfolio Inc has shown fluctuations over the years. The net profit margin was strong at 31.94% as of December 31, 2020, indicating a healthy level of profitability. However, there was a significant decline in profitability to 0.29% as of December 31, 2021, suggesting possible challenges or changes impacting the company's financial performance.
The trend continued with a further decrease in net profit margin to -14.27% as of December 31, 2022, reflecting a period of losses or negative profitability. However, there was a slight recovery with a positive net profit margin of 0.43% as of December 31, 2023, indicating a potential turnaround in profitability.
The most recent data point shows a notable improvement in net profit margin to 25.69% as of December 31, 2024, indicating a strong rebound in profitability for Appfolio Inc. Overall, the fluctuations in net profit margin suggest that the company has experienced varying levels of profitability and financial performance over the years, with potential changes in business conditions impacting its bottom line.
Peer comparison
Dec 31, 2024