I remain optimistic about the SP performance due to two main reasons.
1. Shorters are out - good indication of a turnaround
2. return to positive EBITDA - FY24 we will be very likely see a positive EBITDA as the full impact of the $60m cost reduction will be realized in FY24. Any revenue growth will also contribute to EBITDA.
January EBITDA almost breakeven and I think Feb/March will be very interesting.
Going by past performance, Appen had created a market expectation that it will continue to be EBITDA positive - otherwise a company generating close to $300m should be valued well over $500m IMHO.
- Forums
- ASX - By Stock
- APX
- APX Charts
APX Charts, page-873
-
- There are more pages in this discussion • 215 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
51.5¢ |
Change
-0.005(0.96%) |
Mkt cap ! $114.5M |
Open | High | Low | Value | Volume |
52.5¢ | 53.0¢ | 50.5¢ | $1.020M | 1.981M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 60375 | 51.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
51.5¢ | 36775 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 60375 | 0.510 |
20 | 264230 | 0.505 |
42 | 1340960 | 0.500 |
3 | 31299 | 0.495 |
7 | 103242 | 0.490 |
Price($) | Vol. | No. |
---|---|---|
0.515 | 36775 | 5 |
0.520 | 24743 | 6 |
0.525 | 83546 | 3 |
0.530 | 30000 | 2 |
0.535 | 15109 | 2 |
Last trade - 16.10pm 05/06/2024 (20 minute delay) ? |
|
|||||
Last
51.0¢ |
  |
Change
-0.005 ( 2.15 %) |
|||
Open | High | Low | Volume | ||
53.0¢ | 53.0¢ | 50.5¢ | 690252 | ||
Last updated 15.58pm 05/06/2024 ? |
Featured News
APX (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, CEO
Anthony Noble
CEO
Previous Video
Next Video
SPONSORED BY The Market Online