Oh my lord, I just digested the entire announcement.
It's blown my expectations out of the water. Amazing growth!
A few key excerpts getting me excited:
Growth in SPEECH and IMAGE showing excellent performance and a great runway:
“Speech and image is gathering speed,” said Brayan, “we’re seeing an increase in usecases and our existing customers are asking for more data to develop new AI productsand to improve their existing offerings.”
More revenue coming from GOVERNMENT sector which surprised the CEO himself:
“Figure Eight is accelerating our technology roadmap, diversifying revenue and expandingmarkets for us” said Brayan, “The number and size of joint opportunities is exceeding ourexpectations, its technology, including its secure SOC 2 accreditation, is better than wefirst thought, and its government footprint is unique with very high barriers to entry. Thismarket is emerging as a new growth pillar for the Company.”
There's a growing number of USE CASES:
The Company’s ongoing investment in technology uniquely positions the company tomeet the market’s demand for high volumes of quality data at speed across multiple datatypes for a growing number of use cases.
It's another buy for me today. Should have bought at $22-23 though, but the market had me second guessing myself. Typical herd behaviour mentality
Ann: FY19 Half Year Results, page-32
Add APX (ASX) to my watchlist
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