APX 3.33% $1.55 appen limited

Ann: Appen expects non-cash asset impairment charge, page-42

  1. 10,331 Posts.
    lightbulb Created with Sketch. 1462
    They are not burning cash, that's the point.

    At the half year, they burnt a very small amount of cash, even after paying dividends and generated notable positive operating cash flow.

    This year EBITDA is expected to be positive and presumably net cash flow as well... if not, its going to be a minor burn.
    Last edited by convexity: 13/02/23
 
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