Where in the outlook is there "growth" you can trust? Below is excerpt from the results announcement as part of their "2025 Outlook Statement"
As you can see, they have said in black and white that volumes (ie revenues) are tracking than the last quarter. When revenues fall, it generally means that there is no growth.
So if there is no growth it means revenues are falling which means that operating cashflows are well and truly negative. This company is burning through its cash balance.
Let me say that again, Appen is burning cash, please read through the tables in their disclosures, it has all you need to know.
Please don't make me actually put it in an excel and show everyone what I'm talking about. The company has negative cashflows from operating activities through both the quarter and year to 31 Dec.
APX Price at posting:
$1.25 Sentiment: None Disclosure: Held
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