ASX:APXIT
Appen (ASX:APX) Is Up 55.5% After Generative AI And China Fuel Quarterly Turnaround - Has The Bull Case Changed?
Appen’s December quarter update reported 10% year-on-year revenue growth, sharp improvement in underlying EBITDA, and strong contributions from generative AI projects and its fast-growing China business, while it also appointed Jaime Frasca and Leanne Ralph as Joint Company Secretaries following Carl Middlehurst’s resignation in January 2026.
A key highlight was Appen China exiting the quarter with an annualised revenue run rate above A$135,000,000, underscoring the scale of demand tied to...