The result is at the top end of my estimates.
Orders in hand at this time last year were 210 AUD vs 240m now (14% increase). However, If the spot exchange rates are used for now vs 1 year ago, the increase in USD terms is over 30% - very impressive. The worst case scenario for me was no future guidance but to guide to 18 to 28% growth is amazing. They drilled down the fact that there is no new material competition and they are the industry leaders. Very pleased with the result here. Very pleased about my top up yesterday as well ...not so pleased about my top up for $24 a little while ago... but I think there is a strong likelihood the SP will close above that value today.
Ann: Appen 2020 Full Year results, page-18
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$1.10 |
Change
0.190(21.0%) |
Mkt cap ! $244.1M | |||
| Open | High | Low | Value | Volume |
| 95.5¢ | $1.12 | 95.0¢ | $21.82M | 20.63M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 53102 | $1.09 |
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| Price($) | Vol. | No. |
|---|---|---|
| $1.10 | 12850 | 3 |
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