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Appen Limited (ASX:APX)

ALERT: Price-sensitive ASX Announcement for APX
Current share price for APX : $0.925 -0.155 (-14.35%)+
Announcement
Release
29 Jan 2026 9:38AM
Price at Release
$1.080
Full Release
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Summary
Appen Limited reported a strong performance in Q4 FY25 with an underlying EBITDA of $10.2 million, marking an 80% increase compared to the previous period, driven by generative AI projects and cost efficiencies. The company successfully executed a $10 million annualized cost efficiency target and maintained a strong cash balance of $59.8 million. Appen China showed remarkable revenue growth with an annualized run-rate surpassing $135 million, while Appen Global achieved a 56% increase in revenue from the prior quarter. The report highlights new project wins and continued focus on sustaining revenue growth and profitability.
Key Points
  • Quarterly underlying EBITDA of $10.2 million, an 80% increase from the previous comparable period.
  • Successful execution of approximately $10 million in annualized cost efficiency targets.
  • Strong cash balance of $59.8 million (A$89.5 million) as of 31 December 2025.
  • Appen China achieved significant revenue growth, with an annualized revenue run-rate exceeding $135 million.
  • Appen Global delivered 56% revenue growth compared to the prior quarter.
  • Revenue grew by new project wins, including a $10 million generative AI opportunity.
  • Ongoing focus on revenue growth and underlying EBITDA profitability.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.