Appier closes out its financial year with all-time revenue and profitability highs
- Written by The Bulletin
Strong business momentum supports an optimistic outlook for 2024
Highlights and achievements for fiscal year 2023- Surpassed upward revised guidance in terms of total revenues and profit
- Achieved all-time high annual revenue of 26.4 billion yen with a 36% YoY growth rate
- Profit soared to a historical high with a 16X increase in operating income, while operating margin grew to 3.0%, net income margin to 3.8%, and EBITDA margin reached 10.7%
- Annual gross profit expanded at a faster pace than revenue growth at 37% YoY
- Strong geographic expansion boosted revenues, with revenue from US & EMEA reaching 84% YoY growth, while NEA achieved 40% YoY growth through solid customer expansion
- Grew customers by 18% with a 15% increase in ARPC, sustaining a low monthly customer churn rate of 0.6%
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