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Appen Grows Revenue 12% Excluding Google, Narrows EBITDA Loss in Q1 FY25
5:17am on Monday 2nd of June, 2025 AEST
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Appen Grows Revenue 12% Excluding Google, Narrows EBITDA Loss in Q1 FY25
5:17am on Monday 2nd of June, 2025 AEST
Key Points
Q1 FY25 revenue of $50.2 million, down 14% year-on-year due to Google contract termination
Revenue excluding Google grew 12% compared to prior corresponding period
Underlying EBITDA loss improved by $1.4 million to a loss of $1.5 million
Cash balance increased to $67.9 million, supported by positive operating cash flow
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