APX 1.51% $1.96 appen limited

Underlying net loss was $52m Cost cutting is $60m Gross profit...

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    Underlying net loss was $52m
    Cost cutting is $60m
    Gross profit from Google was $15m
    Cost cuts associated with Google service delivery is $13.5m
    Projected net loss US$15m FY24 on $US200m revenue
    Projected mid range revenue $US220m will be projected $5m net profit

    $215m per annum is break even run rate figure or $18m revenue per month after March when Google is out of the picture.

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