Appfolio Inc (APPF)

Operating profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating income	US$ in thousands	135,644	963	-72,370	-11,878	9,783
Revenue	US$ in thousands	794,202	627,476	477,223	360,251	495,865
Operating profit margin		17.08%	0.15%	-15.16%	-3.30%	1.97%

December 31, 2024 calculation

Operating profit margin = Operating income ÷ Revenue
= $135,644K ÷ $794,202K
= 17.08%

Based on the data provided, the operating profit margin of Appfolio Inc has exhibited significant variation over the years.

- In December 2020, the operating profit margin stood at 1.97%, indicating that the company was generating a modest profit from its core operations.
- However, by December 2021, the margin declined to -3.30%, signaling that the company was operating at a loss from its core activities.
- The trend worsened in December 2022, with the operating profit margin sinking to -15.16%, highlighting a significant deterioration in profitability.
- There was a slight improvement by December 2023, where the margin increased to 0.15%, suggesting a small return to profitability.
- Notably, in December 2024, the operating profit margin surged to 17.08%, showcasing a substantial recovery and a strong performance in terms of generating profits from operations.

Overall, the operating profit margin of Appfolio Inc has experienced fluctuations, with periods of both profitability and losses. It is essential for the company to focus on sustaining and improving its profitability levels to ensure long-term financial health and stability.