Appen Limited (APXYY)

OTCMKTS · Delayed Price · Currency is USD
0.717
-0.091 (-11.26%)
At close: Dec 5, 2024
151.14%
Market Cap 359.84M
Revenue (ttm) 247.92M
Net Income (ttm) -92.52M
Shares Out n/a
EPS (ttm) -0.49
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 210
Open 0.717
Previous Close 0.807
Day's Range 0.717 - 0.717
52-Week Range 0.052 - 0.520
Beta 1.03
Analysts n/a
Price Target n/a
Earnings Date Dec 5, 2024

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 two segments, Global Services and New Markets. The company provides a platform for the AI data development process. Its platform provides data annotation, such as workflow management and collaboration, data organization, communication, and performance analysis; audio transcription; data collection and categorization; data monitoring; and dataset c... [Read more]

Sector Technology
Founded 1996
Employees 1,037
Stock Exchange OTCMKTS
Ticker Symbol APXYY
Full Company Profile

Financial Performance

In 2023, Appen's revenue was $273.79 million, a decrease of -29.49% compared to the previous year's $388.31 million. Losses were -$118.08 million, -50.61% less than in 2022.

Financial Statements

News

Contractors training Amazon, Meta and Microsoft’s AI systems left without pay after Appen moves to new platform

Appen says nearly one-third of the company’s contractors were left without pay on time as a result of issue with payment processing integration Follow our Australia news live blog for latest updates G...

6 weeks ago - The Guardian

Appen CEO apologies as tech failure leaves workers unpaid

Contractors paid by the ASX-listed company to train artificial intelligence models for technology giants have not been paid in more than a week after their money was due.

6 weeks ago - The Australian Financial Review

Generative AI grows 17% in 2024, but data quality plummets: Key findings from Appen’s State of AI Report

Appen’s 2024 State of AI report reveals surging generative AI adoption, but companies face growing challenges with data quality, bottlenecks, and declining ROI in AI deployments.

6 weeks ago - VentureBeat

Appen Limited (APPEF) Q2 2024 Earnings Call Transcript

Appen Limited (OTCPK:APPEF) Q2 2024 Earnings Conference Call August 29, 2024 9:00 PM ETCompany ParticipantsRyan Kolln - Chief Executive Officer and Managing...

3 months ago - Seeking Alpha

ASX 200 LIVE: ASX to rise as reporting season reaches the finish line

Australian shares are set to open higher. S&P 500 edges lower after choppy session. July retail sales ahead. Ramsay, Appen, TPG to report. Follow updates here.

3 months ago - The Australian Financial Review

Appen Limited (APPEF) Q4 2023 Earnings Call Transcript

Appen Limited (APPEF) Q4 2023 Earnings Call Transcript

10 months ago - Seeking Alpha

Appen, which helps Amazon and Google train AI, is reeling from exec turnover and mounting losses

Appen helped train artificial intelligence models for Google, Microsoft and Amazon, but the company now faces deteriorating financials and executive departures

1 year ago - CNBC

Appen Limited (APPEF) Q2 2023 Earnings Call Transcript

Appen Limited (OTCPK:APPEF) Q2 2023 Earnings Call Transcript August 27, 2023 9:00 PM ET Company Participants Armughan Ahmad - CEO & President Justin Miles - Deputy CFO Conference Call Participants Wei...

1 year ago - Seeking Alpha

Appen Limited (APPEF) Q4 2022 Earnings Call Transcript

Appen Limited (OTCPK:APPEF) Q4 2022 Results Conference Call February 26, 2022 7:00 PM ET Company Participants Armughan Ahmad - President, CEO Kevin Levine - CFO Conference Call Participants Josh Kanno...

1 year ago - Seeking Alpha

Newly Appointed Appen CEO and President To Accelerate Next Wave of Enterprise AI Adoption

KIRKLAND, Wash.--(BUSINESS WIRE)--Appen Limited (ASX:APX), the trusted global leader in high-quality data for the AI Lifecycle, today announced the official starting of Armughan Ahmad as CEO and Pre...

2 years ago - Business Wire

Appen: Trouble Continues, Long Term Potential Remains Intact From Increasing AI Adoption

Appen is a provider of AI data annotation services to global tech companies and enterprise clients. The company used to trade at 50x+ EV/EBITDA owing to high growth, however, has fallen off a cliff (c...

2 years ago - Seeking Alpha

Appen Limited (APPEF) Q2 2022 Earnings Call Transcript

Appen Limited (OTCPK:APPEF) Q2 2022 Earnings Conference Call August 24, 2022 9:00 PM ET Company Participants Mark Brayan - CEO Kevin Levine - CFO Conference Call Participants Garry Sherriff - RBC Capi...

2 years ago - Seeking Alpha

Canada customer data firm Telus makes $830 million play for Australia's Appen

(Reuters) -Canadian data analytics software maker Telus International made a A$1.2 billion ($830 million) buyout approach for Australian rival Appen Ltd, the target company said on Thursday, sending i...

2 years ago - Reuters

Appen Ltd (APPEF) CEO Mark Brayan on Q4 2021 Results - Earnings Call Transcript

Appen Ltd (APPEF) CEO Mark Brayan on Q4 2021 Results - Earnings Call Transcript

3 years ago - Seeking Alpha

Appen Ltd (APPEF) CEO Mark Brayan on Q2 2021 Results - Earnings Call Transcript

Appen Ltd (APPEF) CEO Mark Brayan on Q2 2021 Results - Earnings Call Transcript

3 years ago - Seeking Alpha

Appen: An Investment Opportunity With Growth And Value Features

APPEF has seen a major sell-off based on misunderstood business model's vulnerability to Covid. Company's fundamentals have not changed much and management's initiatives might result in an additional ...

3 years ago - Seeking Alpha