AppFolio's Financial Resilience: Robust Free Cash Flows And Debt-Free Status

Oselote Investment Thesis AppFolio (NASDAQ:APPF) is a real estate technology company that provides innovative tools for property management. They help property managers streamline tasks, enhance communication, and improve overall efficiency in managing rental properties. The business is growing at a very rapid rate, which I estimate to reach around 25% CAGR in 2024. The investment thesis is not blemish-free. However, given that the business is clearly reporting very strong free cash flows, which are growing ...