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How Is Appen Turning AI Data Challenges Into Profit?
2:23am on Monday 2nd of June, 2025 AEST
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Technology
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How Is Appen Turning AI Data Challenges Into Profit?
2:23am on Monday 2nd of June, 2025 AEST
Key Points
Statutory loss narrows to $20 million, a $98 million improvement
Non-Google revenue grows 16% overall, 36% in H2, led by China and ADAP platform
Cost reductions total $73.5 million over two years, returning to positive EBITDA
New CEO Ryan Kolln credited with operational discipline and growth focus
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