APX 1.51% $1.96 appen limited

Ann: 2024 Half -Year Results and 2024 Outlook, page-118

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  1. 2,354 Posts.
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    i'm looking into buying back but probably not at this level, there are few things i m still concern about:

    Underlying EBITDA after FX is growing but not that much from H1 FY23 to H1 FY24 only improved 15.5
    China/ new market growth could be uncertain given China is in deflation and tech company out sourcing to India etc
    Cash flows – financing activities a bit concern to me as well? it was 36.3 in FY 23 and now (2.1), making closing cash balance looks a bit bad compare to FY 23 not sure why???
    Cash is up 34.7 compare to 32.1 but that's probably due to the 30m cap raise back in Nov 2023? i could be wrong.

    AI trend is still here but i would want to see some more positive sign before i make my move.

    happy to be proven wrong and non bias discussion, all imo.
    Last edited by yourhero111: 31/08/24
 
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