Excellent insights regarding AppFolio and SBC. I invested in AppFolio 4 1/2 years ago (unfortunately, long after the IPO) and have had a 104% total return over the period of a few ups and downs.
Hi OnlyCFO - thanks for your post. I am curious how one calculates dilution and where do you see that number going for Appfolio over the next 5 years? I believe you had dilution at 1.1% for Appfolio as of the date of this post.
Have been very intrigued after their last quarter. My biggest worry is that the majority of their acceleration (or lack of revenue decay) has been driven by its value-added (non software) services - as you indicate in the post. Will inevitably lead to margin erosion and potential re-rating. Thoughts?
Excellent insights regarding AppFolio and SBC. I invested in AppFolio 4 1/2 years ago (unfortunately, long after the IPO) and have had a 104% total return over the period of a few ups and downs.
Hi OnlyCFO - thanks for your post. I am curious how one calculates dilution and where do you see that number going for Appfolio over the next 5 years? I believe you had dilution at 1.1% for Appfolio as of the date of this post.
I should have documented where that came from but I am pretty sure I pulled it from Koyfin (a stock analysis tool)
Have been very intrigued after their last quarter. My biggest worry is that the majority of their acceleration (or lack of revenue decay) has been driven by its value-added (non software) services - as you indicate in the post. Will inevitably lead to margin erosion and potential re-rating. Thoughts?