APX 4.08% 47.0¢ appen limited

Ann: Ryan Kolln appointed CEO and Managing Director, page-210

  1. 10,544 Posts.
    lightbulb Created with Sketch. 1225
    The forum is infiltrated by scumbags.

    Deconcentration completed - not what I totally had in mind but what is done is done.
    Automating large parts of the business completed - I am expecting margins to improve gradually.
    Army of Data Scientists completed - hand in hand with automation and margins
    Complete and 100% focus on Enterprise - well underway now but concerns about being nimble no issue with the company closing deals.
    LLM service offerings completed - needs time for Enterprise to adopt but came online fast.
    Transition into Multi-Modal offerings to Enterprise coming on line when the product is complete.

    Big issue the company didnt sell Global Services in 2021 when business in Deep Learning peaked and tried to flog a dead horse but understandable industry was not yet developed to make up earnings shortfall.

    Phase two
    - Pioneer in adopting A.I to replace staff
    - Sales and Marketing hub to offer Multi Modal products to Enterprise
    - Sale and Exit of Global services - someone out there will be interested in a $100m annual revenue 30% gross margin business.

    ---absolutely keep new markets and split reporting lines.

    Now we wait.
 
watchlist Created with Sketch. Add APX (ASX) to my watchlist
(20min delay)
Last
47.0¢
Change
-0.020(4.08%)
Mkt cap ! $104.5M
Open High Low Value Volume
48.5¢ 49.5¢ 47.0¢ $1.169M 2.448M

Buyers (Bids)

No. Vol. Price($)
8 119772 47.0¢
 

Sellers (Offers)

Price($) Vol. No.
48.0¢ 2110 3
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
APX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.