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Appen Ltd. (AU:APX)
ASX:APX
Earnings Data
Report Date
Aug 20, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
―Last Year’s EPS
-0.13Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 25, 2025
|% Change Since: -54.86%
|Next Earnings Date:Aug 20, 2025
Earnings Call Sentiment|Positive
The earnings call reflects a positive sentiment with significant achievements in profitability and revenue growth excluding the impact of Google. The company's strategic focus on generative AI and operational efficiency has driven success, particularly in the China market. However, challenges remain due to the termination of the Google contract and lower gross margins in China. The overall outlook for 2025 is optimistic, with a continued focus on leveraging growth opportunities in generative AI.Company Guidance
In the conference call, Appen provided significant guidance on their financial performance and strategic outlook. For FY '24, the company achieved a 16% revenue growth year-on-year, excluding the impact of Google, with China experiencing a remarkable 71% growth. The company also returned to profitability, achieving $3.5 million in underlying EBITDA, a substantial improvement from a loss of $23.9 million in FY '23. In the fourth quarter, revenue excluding Google grew 37% compared to Q4 FY '23, reaching $66.7 million. Operationally, Appen managed to reduce operating expenses by 26% compared to the previous year. Their AI data annotation platform, ADAP, is increasingly crucial for large technology companies, especially in large language model (LLM) projects, with 28% of H2 FY '24 revenue coming from generative AI-related projects, up from 6% in H2 FY '23. Looking forward to 2025, Appen anticipates continued growth in LLM-related projects, although they expect month-to-month revenue variability due to the rapidly evolving market. They remain focused on maintaining tight cost controls and achieving ongoing cash EBITDA positivity.Return to Profitability
Appen achieved $3.5 million in underlying EBITDA in FY '24, up from a loss of $23.9 million in FY '23.
Revenue Growth Excluding Google
Group revenue grew 16% year-on-year if the impact of Google is excluded. Revenue for Q4 FY '24 grew by 37% compared to Q4 FY '23, reaching $66.7 million.
Strong Growth in China
China experienced a 71% year-on-year growth, driven by major LLM model builders and leading technology companies.
Generative AI Revenue Surge
Generative AI-related projects accounted for 28% of revenue in H2 FY '24, up from 6% in H2 FY '23.
Operational Cost Reduction
Operational expenses were reduced by 26% compared to FY '23, contributing to profitability.
Cash Balance Increase
The cash balance increased to $58.4 million, up $22.7 million from December '23.
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AU:APX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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AU:APX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 25, 2025 | AU$2.88 | AU$1.92 | -33.33% |
| Aug 29, 2024 | AU$1.22 | AU$1.00 | -17.70% |
| Feb 26, 2024 | AU$0.42 | AU$0.48 | +15.48% |
| Aug 24, 2022 | AU$3.69 | AU$3.64 | -1.19% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Appen Ltd. (AU:APX) report earnings?
Appen Ltd. (AU:APX) is schdueled to report earning on Aug 20, 2025, TBA Not Confirmed.
What is Appen Ltd. (AU:APX) earnings time?
Appen Ltd. (AU:APX) earnings time is at Aug 20, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Appen Ltd. stock?
The P/E ratio of Appen Ltd. is N/A.
What is AU:APX EPS forecast?
Currently, no data Available
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