Techs got smashed this half and cut spending due to interest rates and inflation.
APX has a few business units - market is fixated on the ad-related side of the business which accounts some 26% of total revenue and that's sensitive to the Nasdaq. It's happened before during Covid where techs cut spending. It used to be 75% of revenue was ad-related - Appen has alot of moving parts. DYOR
Ann: Update on 1H 22 results and FY2022 outlook, page-128
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Last
50.5¢ |
Change
0.040(8.60%) |
Mkt cap ! $112.6M | |||
| Open | High | Low | Value | Volume |
| 46.5¢ | 52.0¢ | 46.5¢ | $1.718M | 3.470M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 112734 | 50.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 51.0¢ | 4880 | 2 |
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| APX (ASX) Chart |