Appier doubles operating income on record revenue and raises guidance
Appier Group, a Tokyo-listed company that sells AI tools for enterprise marketing, reported record third quarter revenue of JPY 13.9 billion, up 21.8% from a year earlier, and doubled its operating income to JPY 2.1 billion, according to its results release. It raised its full-year guidance and dividend forecast.
Organic revenue grew 49% in the US and EMEA, on enterprise wins in e-commerce and online travel, and 33% in north-east Asia, which makes up 71% of revenue. Gross margin reached a record 61.3%. Appier attributes much of the margin gain to its own use of AI agents, saying gross profit per employee rose 45% to JPY 11.3 million while operating costs grew more slowly than gross profit.
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