Appen Reaffirms Fiscal 2026 Revenue Guidance of Up to AU$300 Million

MT Newswires Live

May 22

Appen (ASX:APX) reaffirmed its fiscal 2026 guidance for revenue at between AU$270 million and AU$300 million, with an underlying earnings before interest, taxes, depreciation, and amortization (EBITDA) margin before foreign exchange of about 5% to 10%, according to a Friday Australian bourse filing.

The company said fourth-quarter revenue was AU$41.4 million, up 56% on the third quarter, driven by new project wins, with underlying EBITDA of AU$10.2 million, reflecting a 24.6% EBITDA margin for the quarter.

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