14th November 2024,Tokyo, Japan – Appier Group Inc. (TSE: 4180) has announced record-breaking Q3 financials, achieving a quarterly revenue of JPY 9.1 billion—a 28% year-over-year increase—while doubling its operating profit to JPY 788 million with a margin of 8.7%.
This exceptional growth is driven by advancements in AI algorithms, notably enhancing operational efficiency in key markets across North East Asia (NEA) and the US & EMEA regions. EBITDA surged by 79%, reaching a margin of 16.9%, as net income expanded 2.7 times to JPY 814 million with a net margin of 9%.
The company’s growth reflects its strategic investments in AI research and partnerships, delivering higher returns for customers through refined targeting and customer success tools.
“Our AI advancements are paving the way for transformative efficiency and impact for our clients,”
Stated Dr. Chih-Han Yu, CEO and Co-Founder of Appier.
“With these developments, we are positioning ourselves to lead in AI-driven business solutions for sustainable growth.”
The launch of Appier’s forecasted JPY 2 per share dividend underscores its commitment to sustainable, long-term shareholder value.
Key contributors to Appier’s success include substantial revenue from NEA’s e-commerce clients and expansion in digital content across the US and EMEA.
Appier’s customer base grew 16% YoY to 1,815, underscoring the impact of AI tools that drive targeted, cross-industry growth.
As demand rises across high-growth verticals, Appier solidifies its AI leadership with innovations in GenAI, GenAI copilots, and model precision enhancements.
Source: https://www.appier.com/en/press-media/fy24q3-earnings
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