What's wrong with Appen's business?, page-21

It's too costly to run - the crowd alone will be worth a small packet. Relevance work has taken a 25% hit over two years.
Revenue is lower pre Figure eight acquisition in 2018 and COGS is $170m p/a higher.

Math doesn't add up. Enterprise is growing that's where the growth is start focussing on offering LLM's to business on use case basis along with Reka and de concentrate. It has no debt but the sale will give it plenty to work with and even acquire Reka.

Thats ok - this is a very young industry thats evolving very fast just need to stay on the curve and make some shrewed moves.