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
78.5¢ |
Change
-0.020(2.48%) |
Mkt cap ! $175.0M | |||
| Open | High | Low | Value | Volume |
| 82.0¢ | 84.0¢ | 78.3¢ | $6.306M | 7.802M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 17500 | 78.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 79.0¢ | 8000 | 1 |
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| Last trade - 16.10pm 12/08/2024 (20 minute delay) ? |
| APX (ASX) Chart |