It all comes down to 2021 guidance, and I think Appen will have some positive developments to report today. 2021 will be a great year for Appen (and most other companies) and the AI industry is just getting starting. I really do hope they start focusing more on their off-the-shelf datasets since I really do need a place to purchase quality datasets for my AI algos. This will ensure they will be at the forefront to meet the expected demand from the average AI developer over the coming years.
We all know the foreign exchange risk will reduce profits, but the key question is has there been a change in the fundamentals of the company i.e. in the competitive landscape.
Appen, Entropy, DCF Models & Investor Behaviour, page-183
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