Appier Group, Inc. (4180) AI Stock Analysis

• Market Cap: ¥106.38B
• Dividend Yield: 0.18%
• Average Volume (3M): 754.20K
• Price to Earnings (P/E): 31.6
• Beta (1Y): 1.19
• 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: 102,589,180
• 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: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 66 Neutral
• Price Target: ¥1,238.00 ▲(15.27% Upside)

Appier Group, Inc. demonstrates strong financial performance with robust revenue growth and profitability. However, technical indicators suggest bearish market sentiment, and the valuation appears fair. The lack of earnings call and corporate events data limits further insights.

Positive Factors

Revenue Growth

Consistent revenue growth indicates expanding market reach and effective product adoption, supporting long-term business sustainability.

Profitability Margins

Strong profitability margins reflect efficient operations and competitive pricing power, enhancing long-term financial stability.

Balance Sheet Health

A low debt-to-equity ratio indicates conservative leverage, providing financial flexibility and reducing risk in economic downturns.

Negative Factors

Free Cash Flow Decline

A decline in free cash flow growth can impact future liquidity and investment capacity, potentially hindering growth initiatives.

Cost Pressures

Rising costs can erode profit margins and reduce competitiveness, affecting long-term profitability if not managed effectively.

Debt Increase

Increasing debt levels may strain financial resources and limit strategic flexibility, impacting long-term financial health.

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. shows strong financial health with consistent revenue growth and solid profitability margins. The balance sheet is well-managed with low leverage, and the company effectively utilizes its equity. However, the decline in free cash flow growth and potential cost pressures warrant attention.

Income Statement

Appier Group, Inc. has demonstrated strong revenue growth with a 6.08% increase in the TTM period. The company maintains healthy margins, with a gross profit margin of 50.46% and a net profit margin of 8.10%. The EBIT and EBITDA margins are also solid at 6.85% and 15.57%, respectively, indicating efficient operations and profitability. However, the slight decline in gross profit margin from the previous year suggests potential cost pressures.

Balance Sheet

The company's balance sheet is robust, with a low debt-to-equity ratio of 0.35, indicating conservative leverage. The return on equity is strong at 9.53%, reflecting effective use of equity capital. The equity ratio stands at 61.52%, showcasing a solid equity base. However, the increase in total debt over the TTM period could be a point of concern if not managed carefully.

Cash Flow

Appier Group, Inc. has a stable cash flow position, with a free cash flow to net income ratio of 0.99, indicating good cash generation relative to net income. However, the free cash flow growth rate has declined by 6.01% in the TTM period, which could impact future liquidity. The operating cash flow to net income ratio of 0.22 suggests room for improvement in cash flow efficiency.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	40.52B	34.06B	26.42B	19.43B	12.66B	8.97B
Gross Profit	19.89B	17.80B	13.71B	10.00B	6.24B	4.13B
EBITDA	5.50B	5.07B	3.19B	1.49B	-414.61M	-1.06B
Net Income	3.35B	2.93B	1.00B	21.32M	-1.18B	-1.45B
Balance Sheet
Total Assets	55.44B	44.64B	37.85B	35.94B	31.21B	12.39B
Cash, Cash Equivalents and Short-Term Investments	14.07B	18.02B	14.14B	17.74B	21.50B	8.21B
Total Debt	10.83B	3.78B	3.35B	5.06B	5.15B	2.55B
Total Liabilities	21.32B	10.32B	8.76B	9.74B	8.37B	4.73B
Stockholders Equity	34.11B	34.31B	29.09B	26.20B	22.84B	7.67B
Cash Flow
Free Cash Flow	2.63B	1.85B	2.11B	898.24M	-849.61M	-860.38M
Operating Cash Flow	2.65B	1.93B	2.22B	995.89M	-746.78M	-839.75M
Investing Cash Flow	-3.43B	-2.24B	1.97B	-3.77B	-9.08B	-2.71B
Financing Cash Flow	6.26B	-792.00M	-2.25B	-520.05M	14.40B	1.16B

Appier Group, Inc. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1074.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

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 1074 is below the 20-day moving average (MA) of 1090.00, below the 50-day MA of 1101.18, and below the 200-day MA of 1364.55, indicating a bearish trend. The MACD of -17.73 indicates Positive momentum. The RSI at 37.62 is Neutral, neither overbought nor oversold. The STOCH value of 15.55 is Positive, 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
3854	84 Outperform	¥62.49B	16.85	―	1.93%	11.45%	28.42%
4431	75 Outperform	¥54.64B	31.01	―	0.52%	26.98%	19.69%
3993	68 Neutral	¥102.83B	37.42	8.26%	―	28.88%	27.51%
4180	66 Neutral	¥106.38B	31.57	―	0.18%	25.88%	80.30%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
4419	55 Neutral	¥45.46B	51.17	―	―	29.31%	62.60%
3778	52 Neutral	¥106.42B	66.52	―	0.14%	36.42%	28.23%

Appier Group, Inc. Corporate Events

Appier Finalizes Terms for New Stock Option Grant to Subsidiary Employee

Appier Group, Inc. has finalized the terms for a new grant of stock options, confirming the issuance of 50,120 share acquisition rights tied to an equal number of common shares. All of these stock options will be allocated to a single employee of one of the company’s subsidiaries, underscoring Appier’s continued use of equity-based compensation to incentivize and retain key talent within its group structure.

The most recent analyst rating on (JP:4180) stock is a Hold with a Yen1238.00 price target. To see the full list of analyst forecasts on Appier Group, Inc. stock, see the JP:4180 Stock Forecast page.

Appier Issues 9th Series Stock Options to Bolster Employee Incentives and Retention

Appier Group, Inc. has approved the issuance of the 9th series of share acquisition rights as stock options, allocating 50,120 rights—corresponding to 50,120 common shares—to one employee of a subsidiary as part of a new incentive scheme. The move is intended to motivate group employees to contribute to business performance, support retention of key personnel, and align staff interests with shareholders over the medium to long term, signaling continued use of equity-based compensation to reinforce corporate value and competitiveness in attracting and retaining talent.

The most recent analyst rating on (JP:4180) stock is a Hold with a Yen1238.00 price target. To see the full list of analyst forecasts on Appier Group, Inc. stock, see the JP:4180 Stock Forecast page.

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.