News from Asia

Appier continues its strong growth momentum and raises full-year guidance second quarter in a row

  • Written by The Express

Significant growth, profitability and international expansion to underscore Appier's focus in second half of 2022

Highlights and achievements for the second quarter of fiscal year 2022

  • Revenue increased to 4.4 billion yen with the highest YoY growth rate of 56% over the last three years
  • Gross profit grew 57% YoY
  • Revenue from the US and EMEA markets increased over 9 times YoY and represented 12% of total revenue
  • Achieved EBITDA margin of 5% with EBITDA profit of 213 million yen
  • Operating margin improved by 7 percentage points YoY and EBITDA margin improved by 6 percentage points YoY
  • Achieved 30% YoY growth in customer numbers with a record high last twelve months net revenue retention of 127.3% and lowest ever customer churn rate of 0.62%
  • Upward revision of full year forecast from 17.8 billion yen to 18.5 billion yen, with YoY revenue growth rate further accelerated to 46% from 41%

Appier's second quarter performance summary

TAIPEI, TAIWAN - Media OutReach - 12 August 2022 - Appier Group Inc (TSE: 4180), henceforth referred to as Appier, today announced its financial results for the second quarter of fiscal year 2022.

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