AppFolio, Inc. vs IBEX Ltd
Side-by-Side SaaS Metrics & Valuation Comparison
Summary Verdict
APPF: 4—IBEX: 0wins
Rule of 40
40.6APPF
25.4IBEX
check_circleAPPF leads
Revenue Growth
29.5%APPF
22.0%IBEX
check_circleAPPF leads
Gross Margin
87%APPF
—IBEX
FCF Margin
11.2%APPF
3.4%IBEX
check_circleAPPF leads
Operating Margin
17.4%APPF
9.4%IBEX
check_circleAPPF leads
NRR
—APPF
—IBEX
Metric
Rule of 40Efficiency score
APPF
40.6check_circle
IBEX
25.4
Revenue GrowthYoY
APPF
29.5%check_circle
IBEX
22.0%
Gross Margin% of revenue
APPF
87%
IBEX
N/A
FCF MarginFree cash flow
APPF
11.2%check_circle
IBEX
3.4%
Operating MarginGAAP
APPF
17.4%check_circle
IBEX
9.4%
NRRNet retention
APPF
N/A
IBEX
N/A
EV / RevenueValuation multiple
APPF
6.3x
IBEX
0.7xcheck_circle
Market CapUSD
APPF
$6.4Bcheck_circle
IBEX
$473.2M
ARR GrowthYoY
APPF
N/A
IBEX
N/A
CAC PaybackMonths to recover
APPF
N/A
IBEX
N/A
insights
Analysis
As of Q2 2026, AppFolio, Inc. trades at 6.3x EV/Revenue versus IBEX Ltd at 0.7x. On the Rule of 40, AppFolio, Inc. scores 40.6 compared to IBEX Ltd's 25.4, placing AppFolio, Inc. ahead in operating efficiency.
Sector Context
Both companies operate in the Vertical SaaS sector. The median columns above show where each company stands relative to their peers.