APX 0.00% 48.0¢ appen limited

Hey, I don't usually correct other people. But maybe I didn't...

  1. 191 Posts.
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    Hey, I don't usually correct other people. But maybe I didn't include the actuals in previous post.
    Now for everyone else who is still interested or monitoring Appen(I'm sure you are not interested), here is what the management said (not me)

    1. the number you've got USD $75.439 includes the FX gain from FY20
    "Full year underlying EBITDA for the year ending 31 December 2021 is expected to be in the range of A$120M - A$130M, representing growth of 18% - 28% on FY20 underlying EBITDA (ex. FX gain) of $101.8M"
    "At FY20 constant currency A$1 = US$0.6904."

    101.8 * 0.6904 = 70.82, with FY21 USD$81-88 that's around (14%-25%)

    and if we take out Quadrant investment which is 2M (again this is what the management has suggested ), it will be inline with the guidance.

    2. Regarding the loss of ad revenue, I wouldn't argue too much because it's quite clear that at least FB is moving away from (or trying workaround) on their ad business due to the privacy changes, whether there is loss of earnings from this move is yet to be seen.

    3. there is no point arguing SSL, no one is an expert on ML/AI here.
 
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