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#Bull Case
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Last edited 3 years ago

From the FY2020 Annual Report, Appen is still accelerating revenue growth at a rate of 49% CAGR and EBIDTA at a rate of 51%. This is massive by any means. Although the company has flagged a slowdown due to COVID related factors and the switch of the consumer this is still expected to be approx ~20% in FY2021

https://prophet-invest.com/is-appen-worth-a-monumental-investment-we-take-a-look

Appen (APX.ASX) seems to be growing massively in China +60% QoQ according to their 2020 Investor Presentation.

We can see Appen’s FY2021 earnings being between 126-136million. This would represent a ~20% increase to the bottom line.