I think you guys disregard the value of Appen retaining the IP on the data they collect / provide and the ability to re-sell this. Whilst it's unlikely two clients will look for exactly the same thing - there will be similarities and so they won't need to start from scratch for each project and this is where they have a moat.
They'll build up this data set over multiple projects which may be why they are seeing less margin on these new client / projects - they are having to build the data sets from scratch.
Therefore, I would say they have a moat in the advertising/technology space (which seems to be tapering off) and are currently building one in the new verticals / products.
I work at a data company (Marketing Data) and if someone wanted to throw resources at building a large dataset from scratch I say good luck to them - it is not easy.
- Forums
- ASX - By Stock
- Appen's Competitive Moat
I think you guys disregard the value of Appen retaining the IP...
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add APX (ASX) to my watchlist
(20min delay)
|
|||||
Last
47.5¢ |
Change
-0.025(5.00%) |
Mkt cap ! $105.9M |
Open | High | Low | Value | Volume |
50.5¢ | 50.5¢ | 47.0¢ | $1.575M | 3.286M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 56376 | 47.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
48.0¢ | 10207 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 56376 | 0.475 |
16 | 198806 | 0.470 |
8 | 100650 | 0.465 |
12 | 260623 | 0.460 |
14 | 228542 | 0.455 |
Price($) | Vol. | No. |
---|---|---|
0.480 | 10207 | 2 |
0.485 | 87416 | 3 |
0.490 | 88799 | 3 |
0.495 | 93201 | 8 |
0.500 | 229175 | 14 |
Last trade - 16.10pm 18/07/2024 (20 minute delay) ? |
Featured News
APX (ASX) Chart |