APPLovin(APP)’s 2023 Financial Analysis

Asset structure analysis AppLovin’ s total assets were $5.36 billion and $5.85 billion in 2023 and 2022, respectively. Intangible assets, net were $1.3 billion in 2023, accounting for 24% of total assets. Goodwill was $1.84 billion in 2023, making up 34.3% of total assets. AppLovin revealed that the company completed many acquisitions sine 2018, and…