APX 2.13% 48.0¢ appen limited

Ann: Appen 2022 Full Year Results, page-167

  1. 10,556 Posts.
    lightbulb Created with Sketch. 1230
    Delusional lies - crowd will slowly be phased out as parts of the business will be automated. I project some 20% of the crowd will be phased out over the coming years as internal processes improve.

    At any rate as USD conversion into African currencies the people of Africa were getting paid above minimum earnings. So everyone will now be paid in stablecoins.

    Microtasks for very large projects isn't going to break the bank.

    apxcrowd.PNG


    Appen has roughly 1000 full time employed in data science, engineering and delivery. This level needs to be maintained as speed to deliver orders needs to be a class above competitors - which it is and by a long way.
 
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