View Future GrowthAppen 過去の業績過去 基準チェック /06Appenの収益は年間平均-16%の割合で減少していますが、 IT業界の収益は年間 増加しています。収益は年間7.1% 15.7%割合で 減少しています。主要情報-15.99%収益成長率-12.28%EPS成長率IT 業界の成長13.97%収益成長率-15.72%株主資本利益率-23.06%ネット・マージン-9.38%前回の決算情報31 Dec 2025最近の業績更新お知らせ • Feb 13Appen Limited to Report Fiscal Year 2025 Results on Feb 25, 2026Appen Limited announced that they will report fiscal year 2025 results on Feb 25, 2026お知らせ • Aug 06Appen Limited to Report First Half, 2025 Results on Aug 28, 2025Appen Limited announced that they will report first half, 2025 results on Aug 28, 2025お知らせ • Jan 13Appen Limited to Report Fiscal Year 2024 Results on Feb 26, 2025Appen Limited announced that they will report fiscal year 2024 results on Feb 26, 2025お知らせ • Oct 11Appen Limited to Report Q3, 2024 Results on Oct 31, 2024Appen Limited announced that they will report Q3, 2024 results on Oct 31, 2024Reported Earnings • Sep 02First half 2024 earnings released: US$0.081 loss per share (vs US$0.34 loss in 1H 2023)First half 2024 results: US$0.081 loss per share (improved from US$0.34 loss in 1H 2023). Revenue: US$113.5m (down 19% from 1H 2023). Net loss: US$17.8m (loss narrowed 59% from 1H 2023). Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has fallen by 58% per year whereas the company’s share price has fallen by 55% per year.お知らせ • Jun 24Appen Limited to Report First Half, 2024 Results on Aug 30, 2024Appen Limited announced that they will report first half, 2024 results on Aug 30, 2024すべての更新を表示Recent updatesお知らせ • Mar 20Appen Limited, Annual General Meeting, May 22, 2026Appen Limited, Annual General Meeting, May 22, 2026.お知らせ • Feb 25Appen Limited Provides Group Earnings Guidance for the Fiscal Year 2026Appen Limited provided group earnings guidance for the fiscal year 2026. For the fiscal year 2026, the company expects revenue of $270 to $300 million.お知らせ • Feb 13Appen Limited to Report Fiscal Year 2025 Results on Feb 25, 2026Appen Limited announced that they will report fiscal year 2025 results on Feb 25, 2026お知らせ • Jan 27Appen Limited Announces Company Secretary Changes, Effective January 27, 2026Appen Limited announced that Mr. Carl Middlehurst has resigned as Company Secretary of Appen, effective January 27, 2026. Ms. Jaime Frasca and Ms. Leanne Ralph have been appointed as Joint Company Secretaries, effective January 27, 2026. Ms. Frasca is Appen’s new General Counsel who commenced with the Company early January 2026. Ms. Leanne Ralph is an experienced Company Secretary, holding this position for a number of ASX-listed entities.お知らせ • Aug 30Appen Limited Reaffirms Earnings Guidance for the Fiscal Year 2025Appen Limited reaffirmed earnings guidance for the fiscal year 2025. For the period, revenue tracking towards low end of $235 million - $260 million range.お知らせ • Aug 06Appen Limited to Report First Half, 2025 Results on Aug 28, 2025Appen Limited announced that they will report first half, 2025 results on Aug 28, 2025お知らせ • Mar 21Appen Limited, Annual General Meeting, May 16, 2025Appen Limited, Annual General Meeting, May 16, 2025.お知らせ • Jan 13Appen Limited to Report Fiscal Year 2024 Results on Feb 26, 2025Appen Limited announced that they will report fiscal year 2024 results on Feb 26, 2025お知らせ • Oct 16Appen Limited has completed a Follow-on Equity Offering in the amount of AUD 50.000001 million.Appen Limited has completed a Follow-on Equity Offering in the amount of AUD 50.000001 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 26,041,667 Price\Range: AUD 1.92 Discount Per Security: AUD 0.0576 Transaction Features: Subsequent Direct ListingNew Risk • Oct 15New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 58% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (25% average weekly change). Shareholders have been substantially diluted in the past year (58% increase in shares outstanding). Minor Risks Less than 1 year of cash runway based on current free cash flow (-US$36m). Currently unprofitable and not forecast to become profitable over next 3 years (US$1.5m net loss in 3 years).お知らせ • Oct 11Appen Limited to Report Q3, 2024 Results on Oct 31, 2024Appen Limited announced that they will report Q3, 2024 results on Oct 31, 2024Reported Earnings • Sep 02First half 2024 earnings released: US$0.081 loss per share (vs US$0.34 loss in 1H 2023)First half 2024 results: US$0.081 loss per share (improved from US$0.34 loss in 1H 2023). Revenue: US$113.5m (down 19% from 1H 2023). Net loss: US$17.8m (loss narrowed 59% from 1H 2023). Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has fallen by 58% per year whereas the company’s share price has fallen by 55% per year.お知らせ • Jun 24Appen Limited to Report First Half, 2024 Results on Aug 30, 2024Appen Limited announced that they will report first half, 2024 results on Aug 30, 2024お知らせ • Mar 23Appen Limited, Annual General Meeting, May 24, 2024Appen Limited, Annual General Meeting, May 24, 2024, at 10:01 AUS Eastern Standard Time.New Risk • Mar 13New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$43m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$43m free cash flow). Share price has been highly volatile over the past 3 months (23% average weekly change). Shareholders have been substantially diluted in the past year (76% increase in shares outstanding). Minor Risk Currently unprofitable and not forecast to become profitable over next 3 years (US$25m net loss in 3 years).Board Change • Mar 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. CEO, MD & Director Ryan Kolln was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Feb 27Full year 2023 earnings released: US$0.83 loss per share (vs US$1.94 loss in FY 2022)Full year 2023 results: US$0.83 loss per share (improved from US$1.94 loss in FY 2022). Revenue: US$274.2m (down 29% from FY 2022). Net loss: US$118.1m (loss narrowed 51% from FY 2022). Revenue is expected to decline by 3.3% p.a. on average during the next 3 years, while revenues in the IT industry in Germany are expected to grow by 9.2%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 26 percentage points per year, which is a significant difference in performance.お知らせ • Dec 21Appen Limited to Report Fiscal Year 2023 Results on Feb 27, 2024Appen Limited announced that they will report fiscal year 2023 results on Feb 27, 2024New Risk • Dec 15New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 71% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Shareholders have been substantially diluted in the past year (71% increase in shares outstanding). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$2.5m net loss in 3 years). Market cap is less than US$100m (€85.9m market cap, or US$93.7m).お知らせ • Nov 23Appen Limited has filed a Follow-on Equity Offering in the amount of AUD 30 million.Appen Limited has filed a Follow-on Equity Offering in the amount of AUD 30 million. Security Name: Shares Security Type: Common Stock Securities Offered: 42,992,219 Price\Range: AUD 0.55 Discount Per Security: AUD 0.0206 Security Name: Shares Security Type: Common Stock Securities Offered: 11,553,236 Price\Range: AUD 0.55 Discount Per Security: AUD 0.0206 Transaction Features: Rights Offering; Subsequent Direct ListingNew Risk • Oct 18New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €94.6m (US$99.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$591k net loss in 3 years). Shareholders have been diluted in the past year (28% increase in shares outstanding). Market cap is less than US$100m (€94.6m market cap, or US$99.6m).New Risk • Aug 30New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 3 years. Trailing 12-month net loss: US$273m Forecast net loss in 3 years: US$215k This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (14% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$215k net loss in 3 years). Shareholders have been diluted in the past year (28% increase in shares outstanding).New Risk • Aug 28New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: US$269m Forecast net loss in 2 years: US$8.4m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (15% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (US$8.4m net loss in 2 years). Shareholders have been diluted in the past year (28% increase in shares outstanding).お知らせ • Aug 24Appen Launches AI Chat Feedback and Benchmarking Solutions for Enhanced LLM EvaluationAppen Limited announced the launch of two new products that will enable customers to launch high-performing large language models (LLMs) whose responses are helpful, harmless and honest to reduce bias and toxicity. These solutions are: AI Chat Feedback — empower domain experts to assess a multi-turn live conversation, enabling them to review, rate and rewrite each response. Benchmarking — a solution designed to help customers evaluate model performance across various dimensions, such as model accuracy, toxicity, etc. The rise of LLM-based chatbots and assistants has accelerated demand for more sophisticated conversational AI that can support multiple tasks. It is important to test a LLMs contextual understanding and coherence in complex conversations that extend over multiple turns or dialogues, mirroring real-world applications. This will help identify strengths and weaknesses in handling extended interactions, ultimately enhancing the quality of user experiences and the model's practical utility. Appen's AI Chat Feedback manages the end-to-end flow of data through multiple rounds of evaluation and provides customers required data to help improve models. Appen's Benchmarking tool solves an inflection point businesses face while under pressure to enter the AI market quickly: how to determine the right LLM to choose for a specific enterprise application. Model selection has strategic implications for many dimensions of an application including user experience, ease of maintenance and profitability. With the Benchmarking solution, customers can evaluate the performance of various models along commonly used or fully custom dimensions. Combined with a curated crowd of Appen's AI Training Specialists, the tool evaluates performance along demographic dimensions of interest such as gender, ethnicity and language. A configurable dashboard enables efficient comparison of multiple models across various dimensions of interest. Human feedback has been shown to be critical to the performance of LLM models. Appen's world-class technology is reinforced by its global crowd of more than 1 million AI Training Specialists who evaluate datasets for accuracy and bias. The AI Chat Feedback tool directly connects a LLM output with specialists so that it can learn from diverse, natural chat data. Appen leveraged its over two decades of experience with intuitive, efficient annotation platforms to design a chat interface that demonstrates familiarity and ease. Specialists chat live with a model, whether a customer's model or a third party's, and rate, flag and provide context for their evaluation. This white-glove service extends to a project-dedicated staff who meticulously analyze each batch of data, uncovering edge cases and optimizing the data quality.お知らせ • Jun 27Appen Limited Announces Chief Financial Officer ChangesAppen Limited announced that Helen Johnson, the company's Chief Financial Officer (CFO), has decided to resign for personal reasons and will leave the business effective 31 July 2023. CEO Armughan Ahmad and the Appen Board thank Helen for her contributions to Appen during her tenure. Appen has commenced an immediate search for a new CFO to succeed Helen. As part of the transition, Appen is promoting Justin Miles to Deputy CFO. Justin is a seasoned finance leader who has been with Appen since 2016, and will continue to support the team during the transition. Kevin Levine, Appen's former CFO, will be available to the business in an advisory capacity until 1 September 2023.お知らせ • Jun 13Appen Limited Announces Appointment of Fab Dolan as Chief Marketing OfficerAppen Limited announced the appointment of Fab Dolan as Chief Marketing Officer (CMO), effective 12 June 2023. Fab joins Appen with over 15 years of experience building iconic global brands such as Android, Google, YouTube, and Cheerios. In his most recent role, Fab served as Global Marketing Director for Android at Google, where he built a go-to-market function for the mobile platform while overseeing investments across the US, Europe, and Asia Pacific. Prior to Android, Fab was the Country Marketing Director at Google Canada, where he built Google's presence from a small B2B operation into one of Google’s top revenue markets. His accomplishments have earned him a reputation as one of the industry’s top marketers. He has been recognized by Marketing Magazine, Adweek, Communication Arts, and more. He also served on the Board of the Marketing Association and was a founding member of the Coalition of Innovation Leaders Against Racism.お知らせ • Jun 11Appen Limited to Report First Half, 2023 Results on Aug 28, 2023Appen Limited announced that they will report first half, 2023 results on Aug 28, 2023Buying Opportunity • May 24Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 20%. The fair value is estimated to be €1.77, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.6% over the last 3 years. Meanwhile, the company became loss making. For the next 3 years, revenue is forecast to decline by 0.9% per annum. Earnings is forecast to grow by 90% per annum over the same time period.お知らせ • May 23Appen Limited Appoints Andrew Ettinger as Chief Revenue OfficerAppen Limited announced the appointment of Andrew Ettinger as Chief Revenue Officer (CRO), effective 22 May 2023. For more than 25 years Appen has successfully helped some of the largest big tech and enterprise customers adapt deep learning AI and generative AI solutions. Andrew will direct Appen’s global go-to-market sales and operations to meet the growth objectives. Andrew brings over 25 years of leadership experience in growing software and services companies from start-ups to scale-ups to a successful IPO with scaled growth. Prior to joining Appen, Andrew served as the Chief Revenue Officer at Astronomer (a Sutter Hill Ventures backed company), where he grew the adoption of an open-source data solution from 250k monthly downloads to over 15 million and increased revenue by 20x over his tenure. Previously, Andrew served as a North American sales executive at Pivotal Software, where he helped scale the business from USD 0-USD 100 million in annual recurring revenue ahead of Pivotal’s IPO, and up to USD 500 million during his seven-year tenure. Andrew will be based in Appen’s offices in North America.Buying Opportunity • May 03Now 24% undervaluedOver the last 90 days, the stock is up 13%. The fair value is estimated to be €2.37, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.6% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 5.7% in 2 years. Earnings is forecast to grow by 98% in the next 2 years.Recent Insider Transactions • Mar 23Independent Non-Executive Director recently bought €78k worth of stockOn the 20th of March, Stuart Davis bought around 49k shares on-market at roughly €1.59 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.Reported Earnings • Mar 01Full year 2022 earnings released: US$1.94 loss per share (vs US$0.23 profit in FY 2021)Full year 2022 results: US$1.94 loss per share (down from US$0.23 profit in FY 2021). Revenue: US$388.3m (down 13% from FY 2021). Net loss: US$239.1m (down US$267.6m from profit in FY 2021). Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the IT industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 54 percentage points per year, which is a significant difference in performance.Valuation Update With 7 Day Price Move • Feb 11Investor sentiment improves as stock rises 24%After last week's 24% share price gain to €2.15, the stock trades at a trailing P/E ratio of 22.8x. Average forward P/E is 20x in the IT industry in Germany. Total loss to shareholders of 87% over the past three years.お知らせ • Feb 03Appen Limited to Report Fiscal Year 2022 Results on Feb 27, 2023Appen Limited announced that they will report fiscal year 2022 results on Feb 27, 2023お知らせ • Jan 25Appen Limited Appoints Mr. Ahmad Armughan as DirectorAppen Limited announced the appointment of Mr. Ahmad Armughan as Director of the company. Date of appointment is 25 January 2023.Valuation Update With 7 Day Price Move • Dec 09Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to €1.62, the stock trades at a trailing P/E ratio of 17.5x. Average forward P/E is 18x in the IT industry in Germany. Total loss to shareholders of 88% over the past three years.Board Change • Dec 02High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Mini Peiris was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Oct 11Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €1.73, the stock trades at a trailing P/E ratio of 16.7x. Average forward P/E is 16x in the IT industry in Germany. Total loss to shareholders of 87% over the past three years.Reported Earnings • Aug 26First half 2022 earnings released: US$0.076 loss per share (vs US$0.054 profit in 1H 2021)First half 2022 results: US$0.076 loss per share (down from US$0.054 profit in 1H 2021). Revenue: US$182.9m (down 6.9% from 1H 2021). Net loss: US$9.36m (down 240% from profit in 1H 2021). Over the next year, revenue is forecast to stay flat compared to a 13% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has fallen by 43% per year, which means it is performing significantly worse than earnings.Recent Insider Transactions • Mar 10Key Executive recently bought €67k worth of stockOn the 8th of March, Richard Freudenstein bought around 15k shares on-market at roughly €4.45 per share. This was the largest purchase by an insider in the last 3 months. Richard has been a buyer over the last 12 months, purchasing a net total of €261k worth in shares.Reported Earnings • Feb 24Full year 2021 earnings: EPS in line with expectations, revenues disappointFull year 2021 results: EPS: US$0.17 (down from US$0.32 in FY 2020). Revenue: US$447.3m (down 3.3% from FY 2020). Net income: US$28.5m (down 27% from FY 2020). Profit margin: 6.4% (down from 8.4% in FY 2020). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 11%, compared to a 17% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has fallen by 29% per year, which means it is performing significantly worse than earnings.Valuation Update With 7 Day Price Move • Feb 09Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to €5.15, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 29x in the IT industry in Germany. Total loss to shareholders of 54% over the past three years.Valuation Update With 7 Day Price Move • Nov 27Investor sentiment deteriorated over the past weekAfter last week's 23% share price decline to €5.90, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 29x in the IT industry in Germany. Total loss to shareholders of 31% over the past three years.Valuation Update With 7 Day Price Move • Oct 19Investor sentiment improved over the past weekAfter last week's 17% share price gain to €6.21, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 28x in the IT industry in Germany. Total loss to shareholders of 5.1% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €10.82 per share.Valuation Update With 7 Day Price Move • Sep 01Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to €6.74, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 30x in the IT industry in Germany. Total loss to shareholders of 25% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €10.53 per share.Recent Insider Transactions • Aug 29Independent Non-Executive Director recently bought €194k worth of stockOn the 27th of August, Richard Freudenstein bought around 30k shares on-market at roughly €6.47 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €683k more in shares than they bought in the last 12 months.Reported Earnings • Aug 27First half 2021 earnings released: EPS US$0.054 (vs US$0.12 in 1H 2020)The company reported a poor first half result with weaker earnings, revenues and profit margins. First half 2021 results: Revenue: US$196.6m (down 1.9% from 1H 2020). Net income: US$6.69m (down 55% from 1H 2020). Profit margin: 3.4% (down from 7.4% in 1H 2020). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.Executive Departure • Aug 26Independent Non-Executive Director William Pulver has left the companyOn the 25th of August, William Pulver's tenure as Independent Non-Executive Director ended after 11.4 years in the role. As of June 2021, William still personally held 332.38k shares (€2.9m worth at the time). William is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 3.75 years.Valuation Update With 7 Day Price Move • May 23Investor sentiment improved over the past weekAfter last week's 20% share price gain to AU$8.40, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 25x in the IT industry in Germany. Total loss to shareholders of 53% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €11.28 per share.Valuation Update With 7 Day Price Move • May 08Investor sentiment deteriorated over the past weekAfter last week's 22% share price decline to AU$7.99, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 25x in the IT industry in Germany. Total loss to shareholders of 55% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €11.28 per share.Reported Earnings • Feb 25Full year 2020 earnings released: EPS AU$0.41 (vs AU$0.35 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: AU$599.5m (up 12% from FY 2019). Net income: AU$50.5m (up 21% from FY 2019). Profit margin: 8.4% (up from 7.8% in FY 2019). The increase in margin was driven by higher revenue.Analyst Estimate Surprise Post Earnings • Feb 25Revenue misses expectationsRevenue missed analyst estimates by 3.8%. Over the next year, revenue is forecast to grow 4.1%, compared to a 12% growth forecast for the IT industry in Germany.Valuation Update With 7 Day Price Move • Feb 23Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to AU$13.40, the stock is trading at a trailing P/E ratio of 53.9x, down from the previous P/E ratio of 66.8x. This compares to an average P/E of 34x in the IT industry in Germany. Total return to shareholders over the past year is a loss of 12%.Is New 90 Day High Low • Feb 20New 90-day low: €13.90The company is down 31% from its price of €20.20 on 20 November 2020. The German market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €17.52 per share.Is New 90 Day High Low • Jan 27New 90-day low: €14.30The company is down 28% from its price of €19.90 on 29 October 2020. The German market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is down 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €17.44 per share.Is New 90 Day High Low • Jan 11New 90-day low: €14.70The company is down 34% from its price of €22.20 on 13 October 2020. The German market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is down 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €18.20 per share.Is New 90 Day High Low • Dec 23New 90-day low: €15.10The company is down 23% from its price of €19.60 on 24 September 2020. The German market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is down 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €45.28 per share.Valuation Update With 7 Day Price Move • Dec 15Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to AU$15.30, the stock is trading at a trailing P/E ratio of 65.5x, down from the previous P/E ratio of 78.4x. This compares to an average P/E of 29x in the IT industry in Germany. Total returns to shareholders over the past year are 5.2%.Is New 90 Day High Low • Nov 28New 90-day low: €19.10The company is down 14% from its price of €22.20 on 28 August 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the IT industry, which is also down 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €37.55 per share.Is New 90 Day High Low • Nov 01New 90-day low: €19.20The company is down 11% from its price of €21.60 on 31 July 2020. The German market is down 4.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the IT industry, which is down 27% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €37.43 per share.収支内訳Appen の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史DB:433 収益、費用、利益 ( )USD Millions日付収益収益G+A経費研究開発費31 Dec 25233-2224030 Sep 25229-2224030 Jun 25225-2225031 Mar 25230-2125031 Dec 24235-2026030 Sep 24242-5627030 Jun 24248-9328031 Mar 24261-10531031 Dec 23274-11833030 Sep 23309-19635030 Jun 23345-27337031 Mar 23367-25635031 Dec 22388-23933030 Sep 22411-11330030 Jun 224341226031 Mar 224402023031 Dec 214472920030 Sep 214282814030 Jun 21409277031 Mar 21411329031 Dec 204133610030 Sep 204113416030 Jun 204013121031 Mar 203542719031 Dec 193762920030 Sep 193353015030 Jun 193203311031 Mar 19291318031 Dec 18257296030 Sep 18220225030 Jun 18182155031 Mar 18158134031 Dec 17130113030 Sep 17117113030 Jun 17101103031 Mar 179393031 Dec 168083030 Sep 168183030 Jun 167583031 Mar 167072031 Dec 156062030 Sep 155042030 Jun 1546220質の高い収益: 433は現在利益が出ていません。利益率の向上: 433は現在利益が出ていません。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: 433は利益が出ておらず、過去 5 年間で損失は年間16%の割合で増加しています。成長の加速: 433の過去 1 年間の収益成長を 5 年間の平均と比較することはできません。現在は利益が出ていないためです。収益対業界: 433は利益が出ていないため、過去 1 年間の収益成長をIT業界 ( -12% ) と比較することは困難です。株主資本利益率高いROE: 433は現在利益が出ていないため、自己資本利益率 ( -23.06% ) はマイナスです。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YSoftware 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/06 07:47終値2026/05/06 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Appen Limited 4 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。9 アナリスト機関Josh KannourakisBarrenjoey Markets Pty LimitedConor O’PreyCanaccord GenuitySiraj AhmedCitigroup Inc6 その他のアナリストを表示
お知らせ • Feb 13Appen Limited to Report Fiscal Year 2025 Results on Feb 25, 2026Appen Limited announced that they will report fiscal year 2025 results on Feb 25, 2026
お知らせ • Aug 06Appen Limited to Report First Half, 2025 Results on Aug 28, 2025Appen Limited announced that they will report first half, 2025 results on Aug 28, 2025
お知らせ • Jan 13Appen Limited to Report Fiscal Year 2024 Results on Feb 26, 2025Appen Limited announced that they will report fiscal year 2024 results on Feb 26, 2025
お知らせ • Oct 11Appen Limited to Report Q3, 2024 Results on Oct 31, 2024Appen Limited announced that they will report Q3, 2024 results on Oct 31, 2024
Reported Earnings • Sep 02First half 2024 earnings released: US$0.081 loss per share (vs US$0.34 loss in 1H 2023)First half 2024 results: US$0.081 loss per share (improved from US$0.34 loss in 1H 2023). Revenue: US$113.5m (down 19% from 1H 2023). Net loss: US$17.8m (loss narrowed 59% from 1H 2023). Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has fallen by 58% per year whereas the company’s share price has fallen by 55% per year.
お知らせ • Jun 24Appen Limited to Report First Half, 2024 Results on Aug 30, 2024Appen Limited announced that they will report first half, 2024 results on Aug 30, 2024
お知らせ • Mar 20Appen Limited, Annual General Meeting, May 22, 2026Appen Limited, Annual General Meeting, May 22, 2026.
お知らせ • Feb 25Appen Limited Provides Group Earnings Guidance for the Fiscal Year 2026Appen Limited provided group earnings guidance for the fiscal year 2026. For the fiscal year 2026, the company expects revenue of $270 to $300 million.
お知らせ • Feb 13Appen Limited to Report Fiscal Year 2025 Results on Feb 25, 2026Appen Limited announced that they will report fiscal year 2025 results on Feb 25, 2026
お知らせ • Jan 27Appen Limited Announces Company Secretary Changes, Effective January 27, 2026Appen Limited announced that Mr. Carl Middlehurst has resigned as Company Secretary of Appen, effective January 27, 2026. Ms. Jaime Frasca and Ms. Leanne Ralph have been appointed as Joint Company Secretaries, effective January 27, 2026. Ms. Frasca is Appen’s new General Counsel who commenced with the Company early January 2026. Ms. Leanne Ralph is an experienced Company Secretary, holding this position for a number of ASX-listed entities.
お知らせ • Aug 30Appen Limited Reaffirms Earnings Guidance for the Fiscal Year 2025Appen Limited reaffirmed earnings guidance for the fiscal year 2025. For the period, revenue tracking towards low end of $235 million - $260 million range.
お知らせ • Aug 06Appen Limited to Report First Half, 2025 Results on Aug 28, 2025Appen Limited announced that they will report first half, 2025 results on Aug 28, 2025
お知らせ • Mar 21Appen Limited, Annual General Meeting, May 16, 2025Appen Limited, Annual General Meeting, May 16, 2025.
お知らせ • Jan 13Appen Limited to Report Fiscal Year 2024 Results on Feb 26, 2025Appen Limited announced that they will report fiscal year 2024 results on Feb 26, 2025
お知らせ • Oct 16Appen Limited has completed a Follow-on Equity Offering in the amount of AUD 50.000001 million.Appen Limited has completed a Follow-on Equity Offering in the amount of AUD 50.000001 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 26,041,667 Price\Range: AUD 1.92 Discount Per Security: AUD 0.0576 Transaction Features: Subsequent Direct Listing
New Risk • Oct 15New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 58% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (25% average weekly change). Shareholders have been substantially diluted in the past year (58% increase in shares outstanding). Minor Risks Less than 1 year of cash runway based on current free cash flow (-US$36m). Currently unprofitable and not forecast to become profitable over next 3 years (US$1.5m net loss in 3 years).
お知らせ • Oct 11Appen Limited to Report Q3, 2024 Results on Oct 31, 2024Appen Limited announced that they will report Q3, 2024 results on Oct 31, 2024
Reported Earnings • Sep 02First half 2024 earnings released: US$0.081 loss per share (vs US$0.34 loss in 1H 2023)First half 2024 results: US$0.081 loss per share (improved from US$0.34 loss in 1H 2023). Revenue: US$113.5m (down 19% from 1H 2023). Net loss: US$17.8m (loss narrowed 59% from 1H 2023). Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has fallen by 58% per year whereas the company’s share price has fallen by 55% per year.
お知らせ • Jun 24Appen Limited to Report First Half, 2024 Results on Aug 30, 2024Appen Limited announced that they will report first half, 2024 results on Aug 30, 2024
お知らせ • Mar 23Appen Limited, Annual General Meeting, May 24, 2024Appen Limited, Annual General Meeting, May 24, 2024, at 10:01 AUS Eastern Standard Time.
New Risk • Mar 13New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$43m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$43m free cash flow). Share price has been highly volatile over the past 3 months (23% average weekly change). Shareholders have been substantially diluted in the past year (76% increase in shares outstanding). Minor Risk Currently unprofitable and not forecast to become profitable over next 3 years (US$25m net loss in 3 years).
Board Change • Mar 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. CEO, MD & Director Ryan Kolln was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Feb 27Full year 2023 earnings released: US$0.83 loss per share (vs US$1.94 loss in FY 2022)Full year 2023 results: US$0.83 loss per share (improved from US$1.94 loss in FY 2022). Revenue: US$274.2m (down 29% from FY 2022). Net loss: US$118.1m (loss narrowed 51% from FY 2022). Revenue is expected to decline by 3.3% p.a. on average during the next 3 years, while revenues in the IT industry in Germany are expected to grow by 9.2%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 26 percentage points per year, which is a significant difference in performance.
お知らせ • Dec 21Appen Limited to Report Fiscal Year 2023 Results on Feb 27, 2024Appen Limited announced that they will report fiscal year 2023 results on Feb 27, 2024
New Risk • Dec 15New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 71% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Shareholders have been substantially diluted in the past year (71% increase in shares outstanding). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$2.5m net loss in 3 years). Market cap is less than US$100m (€85.9m market cap, or US$93.7m).
お知らせ • Nov 23Appen Limited has filed a Follow-on Equity Offering in the amount of AUD 30 million.Appen Limited has filed a Follow-on Equity Offering in the amount of AUD 30 million. Security Name: Shares Security Type: Common Stock Securities Offered: 42,992,219 Price\Range: AUD 0.55 Discount Per Security: AUD 0.0206 Security Name: Shares Security Type: Common Stock Securities Offered: 11,553,236 Price\Range: AUD 0.55 Discount Per Security: AUD 0.0206 Transaction Features: Rights Offering; Subsequent Direct Listing
New Risk • Oct 18New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €94.6m (US$99.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$591k net loss in 3 years). Shareholders have been diluted in the past year (28% increase in shares outstanding). Market cap is less than US$100m (€94.6m market cap, or US$99.6m).
New Risk • Aug 30New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 3 years. Trailing 12-month net loss: US$273m Forecast net loss in 3 years: US$215k This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (14% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$215k net loss in 3 years). Shareholders have been diluted in the past year (28% increase in shares outstanding).
New Risk • Aug 28New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: US$269m Forecast net loss in 2 years: US$8.4m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (15% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (US$8.4m net loss in 2 years). Shareholders have been diluted in the past year (28% increase in shares outstanding).
お知らせ • Aug 24Appen Launches AI Chat Feedback and Benchmarking Solutions for Enhanced LLM EvaluationAppen Limited announced the launch of two new products that will enable customers to launch high-performing large language models (LLMs) whose responses are helpful, harmless and honest to reduce bias and toxicity. These solutions are: AI Chat Feedback — empower domain experts to assess a multi-turn live conversation, enabling them to review, rate and rewrite each response. Benchmarking — a solution designed to help customers evaluate model performance across various dimensions, such as model accuracy, toxicity, etc. The rise of LLM-based chatbots and assistants has accelerated demand for more sophisticated conversational AI that can support multiple tasks. It is important to test a LLMs contextual understanding and coherence in complex conversations that extend over multiple turns or dialogues, mirroring real-world applications. This will help identify strengths and weaknesses in handling extended interactions, ultimately enhancing the quality of user experiences and the model's practical utility. Appen's AI Chat Feedback manages the end-to-end flow of data through multiple rounds of evaluation and provides customers required data to help improve models. Appen's Benchmarking tool solves an inflection point businesses face while under pressure to enter the AI market quickly: how to determine the right LLM to choose for a specific enterprise application. Model selection has strategic implications for many dimensions of an application including user experience, ease of maintenance and profitability. With the Benchmarking solution, customers can evaluate the performance of various models along commonly used or fully custom dimensions. Combined with a curated crowd of Appen's AI Training Specialists, the tool evaluates performance along demographic dimensions of interest such as gender, ethnicity and language. A configurable dashboard enables efficient comparison of multiple models across various dimensions of interest. Human feedback has been shown to be critical to the performance of LLM models. Appen's world-class technology is reinforced by its global crowd of more than 1 million AI Training Specialists who evaluate datasets for accuracy and bias. The AI Chat Feedback tool directly connects a LLM output with specialists so that it can learn from diverse, natural chat data. Appen leveraged its over two decades of experience with intuitive, efficient annotation platforms to design a chat interface that demonstrates familiarity and ease. Specialists chat live with a model, whether a customer's model or a third party's, and rate, flag and provide context for their evaluation. This white-glove service extends to a project-dedicated staff who meticulously analyze each batch of data, uncovering edge cases and optimizing the data quality.
お知らせ • Jun 27Appen Limited Announces Chief Financial Officer ChangesAppen Limited announced that Helen Johnson, the company's Chief Financial Officer (CFO), has decided to resign for personal reasons and will leave the business effective 31 July 2023. CEO Armughan Ahmad and the Appen Board thank Helen for her contributions to Appen during her tenure. Appen has commenced an immediate search for a new CFO to succeed Helen. As part of the transition, Appen is promoting Justin Miles to Deputy CFO. Justin is a seasoned finance leader who has been with Appen since 2016, and will continue to support the team during the transition. Kevin Levine, Appen's former CFO, will be available to the business in an advisory capacity until 1 September 2023.
お知らせ • Jun 13Appen Limited Announces Appointment of Fab Dolan as Chief Marketing OfficerAppen Limited announced the appointment of Fab Dolan as Chief Marketing Officer (CMO), effective 12 June 2023. Fab joins Appen with over 15 years of experience building iconic global brands such as Android, Google, YouTube, and Cheerios. In his most recent role, Fab served as Global Marketing Director for Android at Google, where he built a go-to-market function for the mobile platform while overseeing investments across the US, Europe, and Asia Pacific. Prior to Android, Fab was the Country Marketing Director at Google Canada, where he built Google's presence from a small B2B operation into one of Google’s top revenue markets. His accomplishments have earned him a reputation as one of the industry’s top marketers. He has been recognized by Marketing Magazine, Adweek, Communication Arts, and more. He also served on the Board of the Marketing Association and was a founding member of the Coalition of Innovation Leaders Against Racism.
お知らせ • Jun 11Appen Limited to Report First Half, 2023 Results on Aug 28, 2023Appen Limited announced that they will report first half, 2023 results on Aug 28, 2023
Buying Opportunity • May 24Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 20%. The fair value is estimated to be €1.77, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.6% over the last 3 years. Meanwhile, the company became loss making. For the next 3 years, revenue is forecast to decline by 0.9% per annum. Earnings is forecast to grow by 90% per annum over the same time period.
お知らせ • May 23Appen Limited Appoints Andrew Ettinger as Chief Revenue OfficerAppen Limited announced the appointment of Andrew Ettinger as Chief Revenue Officer (CRO), effective 22 May 2023. For more than 25 years Appen has successfully helped some of the largest big tech and enterprise customers adapt deep learning AI and generative AI solutions. Andrew will direct Appen’s global go-to-market sales and operations to meet the growth objectives. Andrew brings over 25 years of leadership experience in growing software and services companies from start-ups to scale-ups to a successful IPO with scaled growth. Prior to joining Appen, Andrew served as the Chief Revenue Officer at Astronomer (a Sutter Hill Ventures backed company), where he grew the adoption of an open-source data solution from 250k monthly downloads to over 15 million and increased revenue by 20x over his tenure. Previously, Andrew served as a North American sales executive at Pivotal Software, where he helped scale the business from USD 0-USD 100 million in annual recurring revenue ahead of Pivotal’s IPO, and up to USD 500 million during his seven-year tenure. Andrew will be based in Appen’s offices in North America.
Buying Opportunity • May 03Now 24% undervaluedOver the last 90 days, the stock is up 13%. The fair value is estimated to be €2.37, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.6% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 5.7% in 2 years. Earnings is forecast to grow by 98% in the next 2 years.
Recent Insider Transactions • Mar 23Independent Non-Executive Director recently bought €78k worth of stockOn the 20th of March, Stuart Davis bought around 49k shares on-market at roughly €1.59 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.
Reported Earnings • Mar 01Full year 2022 earnings released: US$1.94 loss per share (vs US$0.23 profit in FY 2021)Full year 2022 results: US$1.94 loss per share (down from US$0.23 profit in FY 2021). Revenue: US$388.3m (down 13% from FY 2021). Net loss: US$239.1m (down US$267.6m from profit in FY 2021). Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the IT industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 54 percentage points per year, which is a significant difference in performance.
Valuation Update With 7 Day Price Move • Feb 11Investor sentiment improves as stock rises 24%After last week's 24% share price gain to €2.15, the stock trades at a trailing P/E ratio of 22.8x. Average forward P/E is 20x in the IT industry in Germany. Total loss to shareholders of 87% over the past three years.
お知らせ • Feb 03Appen Limited to Report Fiscal Year 2022 Results on Feb 27, 2023Appen Limited announced that they will report fiscal year 2022 results on Feb 27, 2023
お知らせ • Jan 25Appen Limited Appoints Mr. Ahmad Armughan as DirectorAppen Limited announced the appointment of Mr. Ahmad Armughan as Director of the company. Date of appointment is 25 January 2023.
Valuation Update With 7 Day Price Move • Dec 09Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to €1.62, the stock trades at a trailing P/E ratio of 17.5x. Average forward P/E is 18x in the IT industry in Germany. Total loss to shareholders of 88% over the past three years.
Board Change • Dec 02High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Mini Peiris was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Oct 11Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €1.73, the stock trades at a trailing P/E ratio of 16.7x. Average forward P/E is 16x in the IT industry in Germany. Total loss to shareholders of 87% over the past three years.
Reported Earnings • Aug 26First half 2022 earnings released: US$0.076 loss per share (vs US$0.054 profit in 1H 2021)First half 2022 results: US$0.076 loss per share (down from US$0.054 profit in 1H 2021). Revenue: US$182.9m (down 6.9% from 1H 2021). Net loss: US$9.36m (down 240% from profit in 1H 2021). Over the next year, revenue is forecast to stay flat compared to a 13% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has fallen by 43% per year, which means it is performing significantly worse than earnings.
Recent Insider Transactions • Mar 10Key Executive recently bought €67k worth of stockOn the 8th of March, Richard Freudenstein bought around 15k shares on-market at roughly €4.45 per share. This was the largest purchase by an insider in the last 3 months. Richard has been a buyer over the last 12 months, purchasing a net total of €261k worth in shares.
Reported Earnings • Feb 24Full year 2021 earnings: EPS in line with expectations, revenues disappointFull year 2021 results: EPS: US$0.17 (down from US$0.32 in FY 2020). Revenue: US$447.3m (down 3.3% from FY 2020). Net income: US$28.5m (down 27% from FY 2020). Profit margin: 6.4% (down from 8.4% in FY 2020). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 11%, compared to a 17% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has fallen by 29% per year, which means it is performing significantly worse than earnings.
Valuation Update With 7 Day Price Move • Feb 09Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to €5.15, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 29x in the IT industry in Germany. Total loss to shareholders of 54% over the past three years.
Valuation Update With 7 Day Price Move • Nov 27Investor sentiment deteriorated over the past weekAfter last week's 23% share price decline to €5.90, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 29x in the IT industry in Germany. Total loss to shareholders of 31% over the past three years.
Valuation Update With 7 Day Price Move • Oct 19Investor sentiment improved over the past weekAfter last week's 17% share price gain to €6.21, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 28x in the IT industry in Germany. Total loss to shareholders of 5.1% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €10.82 per share.
Valuation Update With 7 Day Price Move • Sep 01Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to €6.74, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 30x in the IT industry in Germany. Total loss to shareholders of 25% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €10.53 per share.
Recent Insider Transactions • Aug 29Independent Non-Executive Director recently bought €194k worth of stockOn the 27th of August, Richard Freudenstein bought around 30k shares on-market at roughly €6.47 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €683k more in shares than they bought in the last 12 months.
Reported Earnings • Aug 27First half 2021 earnings released: EPS US$0.054 (vs US$0.12 in 1H 2020)The company reported a poor first half result with weaker earnings, revenues and profit margins. First half 2021 results: Revenue: US$196.6m (down 1.9% from 1H 2020). Net income: US$6.69m (down 55% from 1H 2020). Profit margin: 3.4% (down from 7.4% in 1H 2020). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
Executive Departure • Aug 26Independent Non-Executive Director William Pulver has left the companyOn the 25th of August, William Pulver's tenure as Independent Non-Executive Director ended after 11.4 years in the role. As of June 2021, William still personally held 332.38k shares (€2.9m worth at the time). William is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 3.75 years.
Valuation Update With 7 Day Price Move • May 23Investor sentiment improved over the past weekAfter last week's 20% share price gain to AU$8.40, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 25x in the IT industry in Germany. Total loss to shareholders of 53% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €11.28 per share.
Valuation Update With 7 Day Price Move • May 08Investor sentiment deteriorated over the past weekAfter last week's 22% share price decline to AU$7.99, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 25x in the IT industry in Germany. Total loss to shareholders of 55% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €11.28 per share.
Reported Earnings • Feb 25Full year 2020 earnings released: EPS AU$0.41 (vs AU$0.35 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: AU$599.5m (up 12% from FY 2019). Net income: AU$50.5m (up 21% from FY 2019). Profit margin: 8.4% (up from 7.8% in FY 2019). The increase in margin was driven by higher revenue.
Analyst Estimate Surprise Post Earnings • Feb 25Revenue misses expectationsRevenue missed analyst estimates by 3.8%. Over the next year, revenue is forecast to grow 4.1%, compared to a 12% growth forecast for the IT industry in Germany.
Valuation Update With 7 Day Price Move • Feb 23Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to AU$13.40, the stock is trading at a trailing P/E ratio of 53.9x, down from the previous P/E ratio of 66.8x. This compares to an average P/E of 34x in the IT industry in Germany. Total return to shareholders over the past year is a loss of 12%.
Is New 90 Day High Low • Feb 20New 90-day low: €13.90The company is down 31% from its price of €20.20 on 20 November 2020. The German market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €17.52 per share.
Is New 90 Day High Low • Jan 27New 90-day low: €14.30The company is down 28% from its price of €19.90 on 29 October 2020. The German market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is down 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €17.44 per share.
Is New 90 Day High Low • Jan 11New 90-day low: €14.70The company is down 34% from its price of €22.20 on 13 October 2020. The German market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is down 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €18.20 per share.
Is New 90 Day High Low • Dec 23New 90-day low: €15.10The company is down 23% from its price of €19.60 on 24 September 2020. The German market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is down 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €45.28 per share.
Valuation Update With 7 Day Price Move • Dec 15Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to AU$15.30, the stock is trading at a trailing P/E ratio of 65.5x, down from the previous P/E ratio of 78.4x. This compares to an average P/E of 29x in the IT industry in Germany. Total returns to shareholders over the past year are 5.2%.
Is New 90 Day High Low • Nov 28New 90-day low: €19.10The company is down 14% from its price of €22.20 on 28 August 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the IT industry, which is also down 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €37.55 per share.
Is New 90 Day High Low • Nov 01New 90-day low: €19.20The company is down 11% from its price of €21.60 on 31 July 2020. The German market is down 4.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the IT industry, which is down 27% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €37.43 per share.