AppLovin Corporation (APP) Stock
AppLovin Corporation provides a specialized software platform focused on empowering mobile application developers to enhance the marketing and revenue generation of their products. With operations spanning the United States and international markets, the company assists mobile app developers worldwide.
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About AppLovin Corporation
AppLovin Corporation provides a specialized software platform focused on empowering mobile application developers to enhance the marketing and revenue generation of their products. With operations spanning the United States and international markets, the company assists mobile app developers worldwide. Among its core software offerings is AppDiscovery, a marketing solution that intelligently connects advertiser demand with publisher supply through an auction-based model. Another key product is Adjust, an analytics platform that enables marketers to scale their mobile apps by offering capabilities for performance measurement, campaign optimization, and user data protection. Additionally, MAX is an in-app bidding software engineered to maximize the value derived from an app's advertising inventory by facilitating real-time competitive auctions. Its client base is broad, serving advertisers, publishers, internet platforms, and other stakeholders. Founded in 2011, the enterprise maintains its headquarters in Palo Alto, California.
AppLovin Corporation is led by CEO Adam Arash Foroughi, employs 876 people, headquartered in Palo Alto, US, publicly traded since 2021.
AppLovin Corporation (APP) stock trades at $399.46 with a market capitalization of $134.19B. The stock is valued at a price-to-earnings (P/E) ratio of 42.74, price-to-book of 69.82, price-to-sales of 26.99. Over the past 52 weeks the stock has ranged between $246.00 and $745.61, and currently trades 46.4% below its 52-week high.
On profitability, AppLovin Corporation generates a return on equity (ROE) of 2.66%, return on capital employed of 194.47%, an operating margin of 77.09%, a net profit margin of 64.29%.
In its most recent fiscal year, AppLovin Corporation reported annual revenue of $5.5B, net profit of $3.3B, revenue has compounded at 30.4% a year over the last five years.
The balance sheet shows a debt-to-equity ratio of 1.49, a current ratio of 3.32, total assets of $7.3B, $2.5B in cash and equivalents.
APP has an average daily trading volume of 5,417,494 shares, a beta of 2.46 (more volatile than the overall market).
Official website: www.applovin.com