10m in cost savings is not close to doing anything.....they need to reduce by 20-30m (esp when you consider that employee expenses when up by 23m in a year when revenues decreased significantly)
Even the cloud labelling costs have come down, but only ~30m compared to 60m reduction in revenues......this is a poor poor result and waiting until May is not going to do much for the bottom line as they continue to burn cash
Ann: Appen 2022 Full Year Results, page-20
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