Appier records its first profitable year and forecasts profitable growth for 2023
- Written by The Bulletin
Achieved annual operating profit one year ahead of schedule
TAIPEI, TAIWAN - Media OutReach - 13 February 2023 -Highlights and achievements for fiscal year 2022
- Annual revenue increased to 19.4 billion yen with a 53% YoY growth rate, surpassing previous guidance of 19.2 billion yen
- Full-year operating profit target reached one year ahead of schedule, with operating margins at 0.3% and improving by 9 percentage points YoY
- Annual gross profit accelerated to 60% YoY, with a gross margin of 51.5%, more than tripled in the last 4 years
- Revenue from US and EMEA markets increased over 7 times YoY and represented 12% of total revenues
Guidance for fiscal year 2023
- Forecast of 31% (34% on FX neutral basis) increase in YoY revenue growth to 25.5 billion yen and gross profit growth is expected to surpass revenue growth at 35% YoY due to further gross margin improvement.
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