Appier Group, Inc. (4180) AI Stock Analysis

• Market Cap: ¥128.74B
• Dividend Yield: 0.19%
• Average Volume (3M): 754.20K
• Price to Earnings (P/E): 41.4
• Beta (1Y): 1.17
• Revenue Growth: 25.88%
• EPS Growth: 80.30%
• Country: JP
• Employees: 708
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Infrastructure
• EPS (TTM): 10.51
• Shares Outstanding: 102,497,370
• 10 Day Avg. Volume: 619,750
• 30 Day Avg. Volume: 754,196
• PEG Ratio: 0.27
• Price to Book (P/B): 4.34
• Price to Sales (P/S): 4.37
• P/FCF Ratio: 80.27
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 58 Neutral
• Price Target: ¥1,173.00 ▲(9.32% Upside)

The overall score reflects strong financial performance with revenue growth and profitability, but is offset by significant cash flow management issues. Technical indicators show a bearish trend, and valuation metrics suggest the stock is expensive with a low dividend yield. These factors collectively contribute to a moderate overall stock score.

Positive Factors

Revenue Growth

Consistent revenue growth indicates robust demand for Appier's AI solutions, supporting long-term business expansion and market penetration.

Balance Sheet Health

A low debt-to-equity ratio reflects conservative financial management, providing stability and flexibility for future investments and growth.

Profitability

A healthy net profit margin suggests effective cost management and strong market positioning, contributing to sustainable long-term profitability.

Negative Factors

Cash Flow Challenges

Negative free cash flow growth indicates difficulties in converting profits into cash, potentially limiting the company's ability to fund operations and growth initiatives.

Cost Management Issues

Declining EBIT and EBITDA margins suggest rising costs or inefficiencies, which could impact future profitability if not addressed effectively.

Cash Flow Management

A low operating cash flow to net income ratio highlights potential inefficiencies in cash flow management, posing risks to liquidity and operational flexibility.

Appier Group, Inc. Business Overview & Revenue Model

Company Description

Appier Group, Inc., a technology company, provides artificial intelligence (AI) platforms for enterprises to make data-driven decisions in Japan and internationally. Its products include AiDeal, an AI-based analytics solution for making purchase decisions; AIQUA, a user engagement platform that helps customers to engage end users across various marketing channels; AIXON, a data science platform that unifies existing customer data to help clients to understand audience and run AI models to predict their future action; and CrossX, a user acquisition platform. Appier Group, Inc. was incorporated in 2018 and is headquartered in Tokyo, Japan.

How the Company Makes Money

Appier generates revenue primarily through its subscription-based SaaS (Software as a Service) model, where businesses pay for access to its AI-powered marketing tools and analytics services. Key revenue streams include fees from software subscriptions, performance-based revenue from successful advertising campaigns, and data analytics services. The company also partners with major platforms and corporations to enhance its service offerings and expand its client base, which contributes significantly to its earnings. Additionally, Appier's focus on innovation in AI technology and its ability to provide actionable insights for clients helps drive customer loyalty and recurring revenue.

Appier Group, Inc. Financial Statement Overview

Summary

Appier Group, Inc. demonstrates strong revenue growth and profitability, with a solid balance sheet characterized by low leverage. However, the company faces challenges in cash flow management, as indicated by the negative free cash flow growth and low cash flow ratios. Continued focus on improving cash flow efficiency and cost management will be crucial for sustaining financial health.

Income Statement

Appier Group, Inc. has shown consistent revenue growth, with a 6% increase in the TTM period. The gross profit margin remains strong at 47.68%, although it has slightly decreased from the previous year. The net profit margin is healthy at 8.06%, indicating profitability. However, the EBIT and EBITDA margins have slightly declined, suggesting potential cost management issues.

Balance Sheet

The company maintains a low debt-to-equity ratio of 0.17, indicating conservative leverage. The return on equity is moderate at 8.87%, reflecting efficient use of equity. The equity ratio is stable, suggesting a solid financial structure. However, the increase in total debt over the past year could pose a risk if not managed properly.

Cash Flow

Operating cash flow is positive, but the free cash flow has shown a significant decline, with a negative growth rate of -3207.78%. The operating cash flow to net income ratio is low at 0.09, indicating potential cash flow management issues. The free cash flow to net income ratio is negative, suggesting challenges in converting profits into free cash flow.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	38.20B	34.06B	26.42B	19.43B	12.66B	8.97B
Gross Profit	19.27B	17.80B	13.71B	10.00B	6.24B	4.13B
EBITDA	5.95B	5.07B	3.19B	1.49B	-414.61M	-1.06B
Net Income	3.09B	2.93B	1.00B	21.32M	-1.18B	-1.45B
Balance Sheet
Total Assets	53.66B	44.64B	37.85B	35.94B	31.21B	12.39B
Cash, Cash Equivalents and Short-Term Investments	14.23B	18.02B	14.14B	17.74B	21.50B	8.21B
Total Debt	11.31B	3.78B	3.35B	5.06B	5.15B	2.55B
Total Liabilities	21.36B	10.32B	8.76B	9.74B	8.37B	4.73B
Stockholders Equity	32.30B	34.31B	29.09B	26.20B	22.84B	7.67B
Cash Flow
Free Cash Flow	2.80B	1.85B	2.11B	898.24M	-849.61M	-860.38M
Operating Cash Flow	2.81B	1.93B	2.22B	995.89M	-746.78M	-839.75M
Investing Cash Flow	-3.47B	-2.24B	1.97B	-3.77B	-9.08B	-2.71B
Financing Cash Flow	6.41B	-792.00M	-2.25B	-520.05M	14.40B	1.16B

Appier Group, Inc. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1073.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:4180, the sentiment is Negative. The current price of 1073 is below the 20-day moving average (MA) of 1156.95, below the 50-day MA of 1352.46, and below the 200-day MA of 1451.53, indicating a bearish trend. The MACD of -77.13 indicates Negative momentum. The RSI at 35.81 is Neutral, neither overbought nor oversold. The STOCH value of 55.95 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:4180.

Appier Group, Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
4431	80 Outperform	¥55.66B	33.81	―	0.53%	27.02%	21.10%
3993	73 Outperform	€105.34B	38.75	8.26%	―	28.88%	27.52%
3854	63 Neutral	¥61.11B	17.27	―	2.13%	10.20%	22.51%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
4180	58 Neutral	¥128.74B	41.43	―	0.19%	25.88%	80.30%
4419	55 Neutral	¥56.58B	65.18	―	―	29.31%	62.60%
3778	52 Neutral	¥133.33B	83.34	―	0.12%	36.42%	28.23%

Appier Group, Inc. Corporate Events

Appier Group Reports Strong Financial Growth in 2025

Appier Group, Inc. reported a significant increase in its financial performance for the nine months ended September 30, 2025, with substantial growth in revenue and net income compared to the previous year. The company’s strong financial results underscore its robust market positioning and the effectiveness of its AI-driven solutions, which have contributed to its competitive edge in the technology sector.

The most recent analyst rating on (JP:4180) stock is a Hold with a Yen1359.00 price target. To see the full list of analyst forecasts on Appier Group, Inc. stock, see the JP:4180 Stock Forecast page.