Unique Research · Insight / Earnings · July 11, 2022 · Full rewrite — not a stub
NASDAQ:APP FY2021 (filed ~Mar 31’22): rev $2.793B (+92.5% YoY), NI $35M, GP $1.805B, GM ~64.6%. Mkt cap ~$13.4B (Jul 6’22, $34.98). Founded Jul 2011 (CA); IPO Apr’21. Stack: AXON ML recommender + App Graph (100M+ devices/day) + elastic cloud; software platform (AppDiscovery, MAX in-app bidding…) + 350+ owned apps. Consumer (IAP) +$719M YoY (IAP volume +88%); software +$623M. S&M +$502M (+80%); R&D +$186M (+102%). M&A >$2.5B since ’18 (Adjust $980M, MoPub, Wurl ~$430M CTV, PeopleFun, Machine Zone…). Charts in CN images — attach on ingest.
— END —