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0 0.00256739409499362 -0.000641848523748359 0.000641848523748359 0.00449293966623869 0.00128369704749672 0.000641848523748359 -0.0012836970474969
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Appfolio Is The Growth Story You Haven't Heard Of [Seeking Alpha]

APPFOLIO (APPF)  More Company Research Source: Seeking Alpha
Last appfolio earnings: 10/29 04:10 pm Check Earnings Report
PDF Summary Appfolio ( APPF ) is a $2.6 billon cloud based SAAS provider that has delivered an outstanding performance so far in 2018. Shares are up almost 90% since the beginning of the year. The company has its own niche: a focus on small and medium sized property management and law firms. Better yet, management expects new verticals to be added in the coming years. The software developer has steadily added new property management customers, jumping from 4,471 customers at the beginning of 2014 to 12,300 customers in Q2 2018. Some prudent analysts would tell you that the stock has run too much, or that the company is overvalued. Here’s the thing: those comments were already being made seven months ago, when the company’s market cap was less than $1.5 billion. The stock is priced for significant growth, but the company is backed by a proven leadership team, standout culture, and financials that are improving with scale. Appfolio headquarters in Santa Barbara, [Read more]

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