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Appen
(OTC:APX)
Appen (APX) vs. iShares MSCI Australia ETF (EWA)
Appen Business Overview & Revenue Model
Appen Earnings Call Summary
Appen Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 352.86M | 234.28M | 411.31M | 559.89M | 615.57M | 599.39M |
| Gross Profit | 30.24M | 61.18M | -34.79M | 10.07M | 93.01M | 111.80M |
| EBITDA | -10.27M | 3.34M | -89.37M | 11.77M | 101.30M | 85.71M |
| Net Income | -32.68M | -20.01M | -118.08M | -344.86M | 28.52M | 38.84M |
Balance Sheet | ||||||
| Total Assets | 228.99M | 170.59M | 227.65M | 375.94M | 690.68M | 598.21M |
| Cash, Cash Equivalents and Short-Term Investments | 92.48M | 54.81M | 47.17M | 34.55M | 65.85M | 78.39M |
| Total Debt | 15.03M | 11.04M | 12.43M | 15.01M | 20.71M | 25.23M |
| Total Liabilities | 81.83M | 56.27M | 91.50M | 157.72M | 151.69M | 113.94M |
| Stockholders Equity | 147.16M | 114.32M | 136.00M | 218.22M | 538.99M | 484.27M |
Cash Flow | ||||||
| Free Cash Flow | -1.47M | -3.96M | -42.79M | -14.00M | 41.07M | 63.51M |
| Operating Cash Flow | 1.60M | -1.07M | -22.94M | 26.29M | 71.84M | 94.02M |
| Investing Cash Flow | -21.38M | -19.83M | -31.48M | -46.33M | -67.71M | -70.92M |
| Financing Cash Flow | 56.55M | 57.22M | 79.36M | -13.74M | -18.85M | -11.85M |
Appen Technical Analysis
Appen Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| ― | AU$106.46M | 13.36 | 10.79% | 3.64% | 14.59% | -11.13% | |
| ― | AU$166.36M | 142.59 | 4.26% | ― | 11.90% | 42.11% | |
| ― | AU$114.66M | 32.14 | 5.74% | ― | 11.72% | ― | |
| ― | AU$281.88M | 29.23 | 4.81% | ― | 23.53% | -23.98% | |
| ― | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
| ― | AU$219.13M | ― | -24.40% | ― | -9.02% | 80.67% | |
| ― | AU$360.87M | 33.61 | -10.10% | ― | -3.10% | -236.41% |
Appen Corporate Events
Appen Limited has announced the issuance of 71,929 performance rights under an employee incentive scheme, which are unquoted securities subject to transfer restrictions. This move is part of the company’s strategy to incentivize employees and align their interests with the company’s growth objectives. The issuance of these securities is expected to enhance employee engagement and retention, potentially impacting Appen’s operational efficiency and competitive positioning in the AI data solutions market.
The most recent analyst rating on (AU:APX) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Appen stock, see the AU:APX Stock Forecast page.
Appen Limited announced a leadership transition with Richard Freudenstein stepping down as Non-Executive Chair, to be succeeded by Vanessa Liu, effective December 31, 2025. Liu, who brings over 25 years of experience in scaling global technology businesses and expertise in AI, is expected to guide Appen through its next phase of growth, capitalizing on the increasing demand for AI-driven solutions. This transition is seen as a strategic move to strengthen Appen’s market position and expand its reach in the rapidly evolving AI industry.
The most recent analyst rating on (AU:APX) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Appen stock, see the AU:APX Stock Forecast page.
Appen Limited has announced the issuance of 707,939 fully paid ordinary shares following the vesting of performance and retention rights. This move reflects Appen’s compliance with relevant corporate regulations and indicates a strategic step in enhancing shareholder value, potentially impacting its market positioning positively.
The most recent analyst rating on (AU:APX) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Appen stock, see the AU:APX Stock Forecast page.
Appen Limited has announced the quotation of 707,939 ordinary fully paid securities on the Australian Securities Exchange (ASX) with the issue date of September 4, 2025. This move is part of the company’s strategy to enhance its market presence and provide liquidity for its securities, potentially impacting its operational capabilities and positioning within the technology sector.
The most recent analyst rating on (AU:APX) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Appen stock, see the AU:APX Stock Forecast page.
Appen Limited has announced a change in the director’s interest notice involving Mr. Richard Freudenstein. The change pertains to the transfer of 66,847 ordinary shares from Bond Street Custodians Limited to Invia Custodian Pty Ltd, acting as a nominee for Ansime Pty Ltd ATF R & JF Superannuation Fund. This adjustment reflects an internal reorganization of shareholding structures, with no impact on the total number of shares held. This change is not expected to have significant implications for the company’s operations or market positioning.
The most recent analyst rating on (AU:APX) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Appen stock, see the AU:APX Stock Forecast page.
Citigroup Global Markets Australia Pty Limited has ceased to be a substantial holder in Appen Ltd as of August 28, 2025. This change in substantial holding involves a series of transactions related to securities lending agreements, impacting the voting securities of Appen. The adjustments in Citigroup’s holdings could influence Appen’s market dynamics and stakeholder perceptions, reflecting shifts in investment strategies by significant shareholders.
The most recent analyst rating on (AU:APX) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Appen stock, see the AU:APX Stock Forecast page.
Appen Ltd. recently held its earnings call, revealing a mixed sentiment among stakeholders. The company showcased positive revenue growth, particularly driven by the burgeoning Chinese market and strategic cost efficiency initiatives. However, challenges such as losses in EBITDA, volatility in the U.S. market, and uncertainties surrounding large LLM projects were also highlighted. Despite these hurdles, Appen’s robust cash position and the strong performance in China provide a promising outlook for future growth.
Appen Ltd., a global leader in data for the AI lifecycle, specializes in data sourcing, annotation, and model evaluation to support innovative AI systems across various sectors. In its latest earnings report for the first half of 2025, Appen reported a 9.2% decrease in total sales revenue and other income, amounting to $103.2 million, compared to the same period in 2024. The company’s Global Services segment saw a significant decline in revenue by 33.3%, while the New Markets segment experienced a 19.7% increase, driven largely by strong growth in the China business unit. Despite the overall revenue decline, Appen’s cash balance increased to $60.9 million, and the company maintained a debt-free status. Looking ahead, Appen’s management remains focused on capturing growth opportunities by enhancing data quality, operational efficiency, and technology innovation, while managing costs prudently.
Appen Limited announced its half-year results for the period ending June 30, 2025, and shared an investor presentation detailing these results. The announcement underscores Appen’s continued influence in the AI data industry, highlighting its extensive global reach and expertise in supporting AI product development, which is crucial for stakeholders in maintaining competitive advantage in AI-driven markets.
The most recent analyst rating on (AU:APX) stock is a Sell with a A$1.00 price target. To see the full list of analyst forecasts on Appen stock, see the AU:APX Stock Forecast page.
Appen Limited announced it will release its financial results for the first half of the fiscal year 2025 on August 28, 2025. The company will host an investor webinar on the same day, featuring discussions led by CEO Ryan Kolln and CFO Justin Miles. This announcement is part of Appen’s ongoing efforts to engage with stakeholders and provide transparency regarding its financial performance.
The most recent analyst rating on (AU:APX) stock is a Buy with a A$2.35 price target. To see the full list of analyst forecasts on Appen stock, see the AU:APX Stock Forecast page.
Appen Limited reported a revenue of $51.9 million for Q2 FY25, a 6% decrease compared to the previous corresponding period, but a 3% increase from Q1 FY25. The company saw significant growth in its China business, with a 77% increase in revenue compared to the previous year, achieving an annualized revenue run-rate exceeding $100 million. However, this growth was offset by volatility in the US AI market. Appen is implementing a technology innovation and automation strategy to achieve cost efficiencies, with $10 million in annualized savings identified. The company maintains a strong cash balance and is tracking towards the low end of its FY25 revenue guidance range of $235 million to $260 million.
The most recent analyst rating on (AU:APX) stock is a Buy with a A$0.80 price target. To see the full list of analyst forecasts on Appen stock, see the AU:APX Stock Forecast page.