Highlights

  • Appen revenue for Q4 rose 10% YoY to USD 73.4M, driven by AI projects expansion.
  • Appen China revenue surged 81% YoY to USD 32M, while Global revenue declined 16% YoY.
  • Underlying EBITDA jumped 182% YoY to USD 13.3M, before foreign exchange impacts.

Appen Ltd (ASX:APX), a data solutions provider for AI applications, saw its share price jump to AUD 1.85, up 31.21% today. Over the past five days, the stock has gained 51.64%. In comparison, the All Ordinaries Index (ASX: XAO) recorded more modest movement over the same period. Investor attention has focused on the company’s December quarter results, which continue to influence trading activity.

Q4 Revenue and Regional Performance
Appen reported total revenue of USD 73.4M for the three months ending 31 December, marking a 10% increase from the prior year. The growth was primarily driven by an expansion in generative AI-related projects.

Revenue from Appen China jumped 81% YoY to USD 32M, while Appen Global revenue declined 16% YoY to USD 41.4M.

The company reported underlying EBITDA of USD 13.3M, up 182% YoY before foreign exchange movements.

Cash Position and Balance Sheet
Appen held USD 59.8M in cash as of 31 December, equivalent to AUD 85M at current exchange rates, providing liquidity as the business executes on projects across regions.

Global Business Developments
The Global division delivered 56% revenue growth compared to the prior quarter, with underlying EBITDA reaching USD 10.2M, showing improvement from Q3 and the prior corresponding period. Growth in this division was supported by new project wins, including a generative AI project exceeding USD 10M, continuing into FY26.