TSE:4180Software
Appier Group (TSE:4180) Stock Rises On Profit Surge As Margin Questions Linger
Appier Group stock went into this earnings day already hot, with a strong run over the past month, and the latest numbers gave investors more to argue about. The headline is simple. Profit in Q2 jumped far faster than revenue, with basic earnings per share at ¥12.99 on revenue of ¥12,851m. This sharpened the focus on margins inside this high growth artificial intelligence software story.
The market now has to decide whether a stock trading on a P/E of 34.4x and above a discounted cash flow...