AppFolio Files 8-K on Financial Results & Operations
Ticker: APPF · Form: 8-K · Filed: Jan 25, 2024 · CIK: 1433195
| Field | Detail |
|---|---|
| Company | Appfolio INC (APPF) |
| Form Type | 8-K |
| Filed Date | Jan 25, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: financial-condition, results-of-operations, 8-K, corporate-filing
TL;DR
**AppFolio just dropped an 8-K about their financial results, so expect more details soon.**
AI Summary
AppFolio, Inc. filed an 8-K on January 25, 2024, to report on its 'Results of Operations and Financial Condition' and 'Financial Statements and Exhibits.' This filing indicates that the company is providing an update on its financial performance, which is crucial for investors to understand the company's health and future prospects. While specific dollar amounts are not detailed in this excerpt, the filing signals that financial results are being disclosed, which could impact investor sentiment and stock price.
Why It Matters
This filing signals that AppFolio is updating the market on its financial performance, which is critical for investors to assess the company's health and make informed decisions about buying, holding, or selling the stock.
Risk Assessment
Risk Level: low — This 8-K is a routine disclosure of financial information, not indicating any immediate adverse events or significant changes in company strategy.
Analyst Insight
Investors should look for the full financial statements and results that will be released in conjunction with this 8-K to understand AppFolio's recent performance and future outlook. This filing is a precursor to more detailed financial disclosures.
Key Numbers
- 2024-01-25 — Date of Report (The earliest event reported in this 8-K filing.)
- 001-37468 — Commission File Number (AppFolio, Inc.'s unique identifier with the SEC.)
- 26-0359894 — IRS Employer Identification Number (AppFolio, Inc.'s tax identification number.)
- 14 — PUBLIC DOCUMENT COUNT (Number of public documents associated with this filing.)
- $0.0001 — par value (Par value of AppFolio's Class A Common Stock.)
Key Players & Entities
- AppFolio, Inc. (company) — the registrant filing the 8-K
- Delaware (company) — state of incorporation for AppFolio, Inc.
- NASDAQ Global Market (company) — exchange where AppFolio's Class A Common Stock is registered
- 001-37468 (dollar_amount) — Commission File Number
- 26-0359894 (dollar_amount) — IRS Employer Identification Number
- 70 Castilian Drive Santa Barbara, CA 93117 (company) — principal executive offices address
- 805-364-6093 (dollar_amount) — registrant's telephone number
- January 25, 2024 (dollar_amount) — Date of Report (Date of earliest event reported)
FAQ
What is the primary purpose of AppFolio, Inc.'s 8-K filing on January 25, 2024?
The primary purpose of AppFolio, Inc.'s 8-K filing on January 25, 2024, is to report on 'Results of Operations and Financial Condition' and 'Financial Statements and Exhibits,' as indicated by the 'ITEM INFORMATION' sections in the filing.
What is AppFolio, Inc.'s state of incorporation?
AppFolio, Inc.'s state of incorporation is Delaware, as stated in the filing under 'State or other jurisdiction of incorporation'.
On which exchange is AppFolio, Inc.'s Class A Common Stock registered?
AppFolio, Inc.'s Class A Common Stock, with a $0.0001 par value, is registered on the NASDAQ Global Market, as specified under 'Name of each exchange on which registered'.
What is the business address of AppFolio, Inc. as listed in the filing?
The business address of AppFolio, Inc. is 70 Castilian Drive, Santa Barbara, CA 93117, according to the 'BUSINESS ADDRESS' section of the filing.
Is AppFolio, Inc. considered an emerging growth company according to this filing?
No, AppFolio, Inc. is not considered an emerging growth company, as indicated by the unchecked box next to 'Emerging growth company' in the filing.
Filing Stats: 543 words · 2 min read · ~2 pages · Grade level 11.4 · Accepted 2024-01-25 16:19:01
Key Financial Figures
- $0.0001 — which registered Class A Common Stock, $0.0001 par value APPF NASDAQ Global Market I
Filing Documents
- appf-20240125.htm (8-K) — 25KB
- appfq42023exhibit991.htm (EX-99.1) — 439KB
- primary-inc_wordmarka.jpg (GRAPHIC) — 21KB
- 0001433195-24-000007.txt ( ) — 640KB
- appf-20240125.xsd (EX-101.SCH) — 2KB
- appf-20240125_lab.xml (EX-101.LAB) — 24KB
- appf-20240125_pre.xml (EX-101.PRE) — 12KB
- appf-20240125_htm.xml (XML) — 3KB
02. Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition. On January 25, 2024 , AppFolio, Inc. (the "Company") issued a press release announcing its financial results for its fourth quarter and fiscal year ended December 31, 2023. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. The information contained in this Item 2.02, including the press release attached as Exhibit 99.1 hereto, is being furnished and shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liability of that Section. Such information shall not be deemed to be incorporated by reference in any filing of the Company under the Securities Act of 1933, as amended, or the Exchange Act, whether made before or after the date hereof, regardless of any general incorporation language in such filing, except as otherwise expressly set forth by specific reference in such a filing.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits: Exhibit Number Description 99.1 Press release issued on January 25, 2024 . 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: January 25, 2024 AppFolio, Inc. By: /s/ Fay Sien Goon Name: Fay Sien Goon Title: Chief Financial Officer