Appier exceeds first quarter projection, reports robust earnings growth
- Written by The Bulletin
Increasing business momentum lays a solid foundation for second quarter onwards
Highlights and achievements of Q1 FY23- Revenue increased by 32% YoY to reach JPY 5.6 billion
- Gross profit reached JPY 2.8 billion with a 32% YoY growth rate
- EBITDA profit increased by 60% YoY with 8% margin on a FX-neutral basis
- Achieved 24.4% YoY growth in customer numbers with last twelve months net revenue retention of 133.8% on FX neutral basis, and a customer churn rate of 0.608%
First quarter exceeds projections to establish a solid foundation for FY23
TAIPEI, TAIWAN - Media OutReach - 15 May 2023 - Appier Group Inc (TSE: 4180), henceforth referred to as Appier, today announced its earnings results for the first quarter of fiscal year 2023.
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