Appen Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	230.77	234.29	273.01	388.13	447.15
Other Revenue	1.9	0.94	0.78	0.18	0.11
Revenue	232.67	235.22	273.79	388.31	447.26
Revenue Growth (YoY)	-1.08%	-14.09%	-29.49%	-13.18%	8.36%
Cost of Revenue	187.99	197.36	251.62	331.93	339.39
Gross Profit	44.69	37.86	22.17	56.38	107.87
Selling, General & Admin	22.37	22.51	28.56	31.95	19.59
Other Operating Expenses	8.84	8.69	9.84	9.72	8.67
Operating Expenses	63.84	57.71	77.73	84.69	64.07
Operating Income	-19.15	-19.85	-55.56	-28.31	43.8
Interest Expense	-0.7	-0.82	-1.53	-1.77	-2.03
Interest & Investment Income	0.77	0.48	0.37	0.18	0.01
Currency Exchange Gain (Loss)	0.39	4.35	-4.03	-2.56	-1.18
Other Non Operating Income (Expenses)	-0.07	-0.23	-0.54	-	-
EBT Excluding Unusual Items	-18.75	-16.07	-61.29	-32.46	40.6
Merger & Restructuring Charges	-3.04	-3.92	-10.47	-2.28	-4.73
Impairment of Goodwill	-	-	-53.11	-188.94	-
Asset Writedown	-	-	-16.07	-15.39	-
Other Unusual Items	-	-	15.99	-	-
Pretax Income	-21.78	-19.99	-124.95	-239.07	35.88
Income Tax Expense	0.04	0.02	-6.87	-	7.36
Net Income	-21.82	-20.01	-118.08	-239.07	28.52
Net Income to Common	-21.82	-20.01	-118.08	-239.07	28.52
Net Income Growth	-	-	-	-	-19.96%
Shares Outstanding (Basic)	264	229	142	123	123
Shares Outstanding (Diluted)	264	229	142	123	125
Shares Change (YoY)	15.48%	61.11%	15.17%	-1.16%	0.94%
EPS (Basic)	-0.08	-0.09	-0.83	-1.94	0.23
EPS (Diluted)	-0.08	-0.09	-0.83	-1.94	0.23
EPS Growth	-	-	-	-	-20.69%
Free Cash Flow	18.94	-2.45	-24.75	15.19	52.62
Free Cash Flow Per Share	0.07	-0.01	-0.17	0.12	0.42
Dividend Per Share	-	-	-	-	0.073
Dividend Growth	-	-	-	-	-5.75%
Gross Margin	19.21%	16.10%	8.10%	14.52%	24.12%
Operating Margin	-8.23%	-8.44%	-20.29%	-7.29%	9.79%
Profit Margin	-9.38%	-8.51%	-43.13%	-61.57%	6.38%
Free Cash Flow Margin	8.14%	-1.04%	-9.04%	3.91%	11.77%
EBITDA	-17.32	-18.45	-53.17	8.01	73.6
EBITDA Margin	-7.44%	-7.84%	-19.42%	2.06%	16.46%
D&A For EBITDA	1.83	1.4	2.39	36.33	29.81
EBIT	-19.15	-19.85	-55.56	-28.31	43.8
EBIT Margin	-8.23%	-8.44%	-20.29%	-7.29%	9.79%
Effective Tax Rate	-	-	-	-	20.51%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.