\n<\/p>\n
Highlights
\nin the third quarter of fiscal 2021 include:<\/p>\n
New quarter, new record<\/b><\/p>\n
TAIPEI,
\u00a0<\/p>\n Annual
\u00a0<\/p>\n “We
\u00a0<\/p>\n As
Adoption of AI solutions deepens<\/b><\/p>\n \u00a0<\/b><\/p>\n This
\u00a0<\/p>\n The
\u00a0<\/p>\n Customers
\u00a0<\/p>\n Integration of services drives value<\/b><\/p>\n \u00a0<\/p>\n Last
\u00a0<\/p>\n Appier’s
\u00a0<\/p>\n Appier
\nTAIWAN –\u00a0Media
\nOutReach<\/a>\u00a0– 11 November 2021 –\u00a0Appier Group Inc<\/a> (TSE: 4180), henceforth
\nreferred to as Appier, today announced its Q3 earnings results for its third
\nquarter ended 30 September 2021. The period shows a continuation of the strong
\npost-IPO trajectory reported for Q2 in August. Revenue reached a record high of
\n3.2 billion yen, repeating the 50% year-on-year (YoY) increase seen in Q2
\ndespite a much higher base in Q3 2020. Gross profit outpaced revenue growth to
\nincrease by 62% YoY. This was due in part to a gross margin increase from 46%
\nto 50%, and in part to revenue growth acceleration. Demand from sectors such as
\ne-commerce for AI-enabled customer insights, and for tools to support
\ntransformation from businesses in a wide range of industries, helped to fuel
\ngrowth.<\/p>\n
\nrecurring revenue (ARR) climbed 48% to 11.7 billion yen. Appier’s earnings
\nbefore interest, taxes, depreciation and amortization (EBITDA) margin rose 16
\npercentage points to achieve profitability for the first time in Appier’s
\nhistory with a two percent margin. Accelerated revenue growth was again a
\ndriver, together with strong operating leverage. Operating income margin
\nimproved 14 percentage points YoY. The results mean Appier has overachieved on
\nmore than 10% of its business goals and is increasing its forecast from 11.7
\nbillion yen to 12.3 billion yen. <\/p>\n
\nare extremely proud of our achievements this quarter, especially our\u00a0 50% revenue growth on a much higher
\ncomparative quarter,” said Dr. Chih-Han Yu, Appier’s CEO and co-founder. “Our
\ngrowth this quarter can be attributed to clarity of purpose and goals.
\nSupporting our customers on their AI-enabled digital transformation journey
\ncontinues to be a driving force for Appier. Our solutions have transformed
\nindustry trends into a tailwind and accelerated our growth. We have
\ndemonstrated that we help our customers comply with third party data
\nrestrictions as well as achieve their business goals with superior AI
\ntechnologies. At Appier, our solutions mainly require first-party data and have
\ndemonstrated its value to our customers, as reflected by this quarter’s
\nresults. This creates a sustainable business model for us to continue
\nsupporting our customers’ growth.” <\/p>\n
\nour relationships with customers grow, so does the impact of our services on
\ntheir business. Our momentum is also down to changing business needs, the
\ngrowth of data-led consumer experiences, the industry’s move towards a
\nprivacy-first landscape and the recognition that AI-powered digitalization will
\nbe a key enabler of business success post-pandemic.<\/p>\n
\nquarter’s strong performance reflects the growth of the industry and the demand
\nfor AI-powered digital transformation among our customers. This expansion of
\nrelationships reflects Appier’s commitment to customer growth and ethos of
\ngrowing in line with the businesses it serves.<\/p>\n
\nrate of net new customers rose 7.7% quarter-on-quarter (QoQ), the highest
\norganic incremental increase yet, and 28.6% YoY. In terms of business sectors
\ndriving growth, e-commerce continued to show strong demand, together with
\nbusinesses in more traditional areas undergoing transformation and looking to
\nstrengthen their ability to connect with consumers in a digital-led
\nenvironment.<\/p>\n
\nin Northeast Asia continued to account for the largest share of global revenue
\nat 64%, followed by Greater China (26%), Southeast Asia (7%) and other markets
\n(3%), mostly from the US. Having entered the US in Q4 2020, Appier is finding
\ntraction in the market and expects business to grow steadily based on the
\nongoing global demand for AI and in particular AI that is readily applicable to
\nbusiness objectives.<\/p>\n
\nquarter, Appier noted the importance of conversational commerce in business and
\nin its own future development. Since the acquisition of BotBonnie, an
\nomnichannel chatbot platform in May, Appier has integrated BotBonnie with its
\nAI solutions and has created cross-product synergies with AIQUA to unify
\ncross-channel structured behavior data and unstructured conversational data.
\nThis means Appier is able to capture both web and conversational data to
\ndeliver even more relevant and personalized messages to users, driving the
\nprospect of conversion, improving engagement and achieving greater campaign
\nresults.<\/p>\n
\nsolutions are designed to make it easy for companies to apply AI technology to
\nmake precise, data-driven decisions, overcome business challenges and achieve
\ngrowth. AIXON, a first-party-data centric data science platform, is able to
\nunify fragmented data sets with advanced AI technology to build a holistic view
\nof the users across multiple first party data sources. Powered by the
\nscenario-based prediction with AutoML models, AIXON allows clients to
\nsuccessfully unify their first party data from multiple sources, enrich their
\nunderstanding via AI inferences and predict their future behaviors through
\nAutoML in real time, from churn to conversions and even the likelihood of users
\nvisiting a certain webpage or more unknown user affinities. <\/p>\n
\nsees the combined effect of its network of services continuing to drive value.
\nAs businesses place emphasis on achieving a complete view of their customers,
\nAppier’s multiple, complementary solutions become increasingly important in the
\nnew normal.<\/p>\n