Appen Limited (ASX:APX)
| Market Cap | 301.52M -9.3% |
| Revenue (ttm) | 348.82M -1.1% |
| Net Income | -32.71M |
| EPS | -0.12 |
| Shares Out | 268.02M |
| PE Ratio | n/a |
| Forward PE | 44.10 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 7,766,489 |
| Open | 1.150 |
| Previous Close | 1.140 |
| Day's Range | 1.080 - 1.152 |
| 52-Week Range | 0.650 - 1.975 |
| Beta | 1.73 |
| Analysts | Hold |
| Price Target | 1.79 (+59.11%) |
| Earnings Date | Jun 12, 2026 |
About Appen
Appen Limited operates as an AI lifecycle company that provides data sourcing, data annotation, and model evaluation solutions in Australia, the United States, and internationally. It operates through the Appen Global and Appen China segments. The company offers CrowdGen, the interface for its global crowd workforce; Mercury, the backend system used to design projects, manage the crowd workforce, and automate operational workflows; AI Data Platform (ADAP), which enables internal teams and external customers to design, manage, and execute human ... [Read more]
Financial Performance
In 2025, Appen's revenue was $232.67 million, a decrease of -1.08% compared to the previous year's $235.22 million. Losses were -$21.82 million, 9.04% more than in 2024.
Financial numbers in USD Financial StatementsAnalyst Summary
According to 4 analysts, the average rating for APX stock is "Hold." The 12-month stock price target is $1.79, which is an increase of 59.11% from the latest price.
News
Appen Transcript: AGM 2026
FY 2025 saw revenue and EBITDA growth, driven by generative AI and strong China performance. The board emphasized governance, diversity, and operational efficiency, with no dividend declared. Strategic priorities for FY 2026 include data quality, customer growth, and AI-driven efficiencies.
Appen Slides: FY 2026
Appen has posted slides in relation to its FY 2026 quarterly earnings report, which was published on May 21, 2026.
Appen Earnings release: Q1 2026
Appen released its Q1 2026 earnings on April 29, 2026, summarizing the period's financial results.
Appen Earnings Call Transcript: H2 2025
FY 2025 saw 4.5% revenue growth (ex-Google), margin improvement, and strong Generative AI-driven expansion, especially in China. FY 2026 guidance targets $270–$300 million revenue and 5%–10% EBITDA margin, with continued focus on operational efficiency and AI market leadership.
Appen Annual report: H2 2025
Appen has published its H2 2025 annual report on February 24, 2026.
Appen Slides: H2 2025
Appen has posted slides in relation to its H2 2025 quarterly earnings report, which was published on February 24, 2026.
Appen Earnings release: H2 2025
Appen released its H2 2025 earnings on February 24, 2026, summarizing the period's financial results.
Appen Earnings release: Q4 2025
Appen released its Q4 2025 earnings on January 28, 2026, summarizing the period's financial results.
Appen Slides: Q4 2025
Appen has posted slides in relation to its Q4 2025 quarterly earnings report, which was published on January 28, 2026.
Appen Earnings release: Q3 2025
Appen released its Q3 2025 earnings on October 29, 2025, summarizing the period's financial results.
Appen Earnings Call Transcript: H1 2025
H1 revenue grew 2% year-over-year to $102.1 million, with China up 67% and strong generative AI project momentum. Cost efficiencies of $10 million and $4 million OPEX savings are underway, with FY 2025 revenue expected at the low end of guidance and positive EBITDA reaffirmed.
Appen Quarterly report: H1 2025
Appen has published its H1 2025 quarterly earnings report on August 27, 2025.
Appen Slides: H1 2025
Appen has posted slides in relation to its H1 2025 quarterly earnings report, which was published on August 27, 2025.
Appen Earnings release: H1 2025
Appen released its H1 2025 earnings on August 27, 2025, summarizing the period's financial results.
Appen Earnings release: Q2 2025
Appen released its Q2 2025 earnings on July 29, 2025, summarizing the period's financial results.
Appen Transcript: AGM 2025
The meeting highlighted a return to profitability, strong growth in China and generative AI, and ongoing cost management. Strategic priorities for 2025 include technology innovation, operational efficiency, and revenue diversification, with ambitious long-term growth targets.
Appen Slides: FY 2025
Appen has posted slides in relation to its FY 2025 quarterly earnings report, which was published on May 15, 2025.
Appen Earnings Call Transcript: H2 2024
FY24 saw a return to profitability with $3.5M underlying EBITDA, driven by 16% revenue growth (ex-Google), 71% growth in China, and a 26% reduction in OPEX. Generative AI projects surged, now 28% of H2 revenue, and 2025 guidance remains confident despite expected revenue variability.
Appen Annual report: H2 2024
Appen has published its H2 2024 annual report on February 25, 2025.
Appen Slides: H2 2024
Appen has posted slides in relation to its H2 2024 quarterly earnings report, which was published on February 25, 2025.
Appen Earnings release: H2 2024
Appen released its H2 2024 earnings on February 25, 2025, summarizing the period's financial results.
Appen Transcript: Capital Raise
Announced a AUD 50 million capital raise and a share purchase plan to support working capital for generative AI projects. Q3 2024 delivered 34.6% revenue growth (ex-Google) and a return to cash EBITDA profitability, with positive momentum expected to continue.
Appen Press release: Capital Raise
Appen issued a press release on October 10, 2024, disclosing material business information to investors.
Appen Earnings Call Transcript: H1 2024
Revenue excluding a major contract loss returned to growth, driven by generative AI projects and strong performance in China. Cost reductions improved profitability, with positive momentum expected in H2 FY 2024, though revenue may remain volatile as generative AI projects scale.
Appen Quarterly report: H1 2024
Appen has published its H1 2024 quarterly earnings report on August 29, 2024.