8-K/AEarnings & ResultsExhibits & Filings

AppLovin Corp 8-K/A Report, Financial Results (Feb 21, 2023)

Filed February 21, 2023For Securities:APP

Summary

AppLovin Corporation (APP) filed an 8-K/A on February 20, 2023, to amend its previous 8-K filed on February 8, 2023. The primary purpose of this amendment is to correct certain reclassifications within the Consolidated Statements of Cash Flows for the fiscal year ended December 31, 2022. Specifically, amounts related to Operating Activities, Investing Activities, and Financing Activities have been adjusted, leading to revisions in Net Cash Provided by Operating Activities, Net Cash Provided by Investing Activities, Net Cash Used in Financing Activities, and Free Cash Flow for both the fourth quarter and the full fiscal year of 2022. While the core financial results previously announced remain substantially the same in terms of overall profitability and revenue, these cash flow adjustments are important for investors to understand the precise allocation and movement of cash within the company's operations, investments, and financing activities. Investors should refer to the Amended Letter to Shareholders (Exhibit 99.1) for the detailed corrected financial information and a comprehensive understanding of the company's cash flow dynamics for the period.

Key Highlights

  • 1AppLovin Corp (APP) filed an 8-K/A to correct its previously issued financial statements.
  • 2The amendment pertains to the reclassification of amounts within the Consolidated Statements of Cash Flows for the fiscal year ended December 31, 2022.
  • 3Adjustments were made between Operating Activities, Investing Activities, and Financing Activities.
  • 4Net Cash Provided by Operating Activities, Net Cash Provided by Investing Activities, Net Cash Used in Financing Activities, and Free Cash Flow figures for Q4 and FY 2022 have been revised.
  • 5The Amended Letter to Shareholders (Exhibit 99.1) contains the corrected financial information.
  • 6This filing does not fundamentally alter previously reported revenue or net income, but refines the cash flow presentation.
  • 7Information in this filing is not deemed 'filed' for Section 18 purposes or incorporated by reference without specific inclusion.

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