Appen Ltd (ASX:APX)

A$ 0.48 0.01 (2.13%) Market Cap: 106.79 Mil Enterprise Value: 77.40 Mil PE Ratio: 0 PB Ratio: 0.73 GF Score: 49/100

Half Year 2019 Appen Ltd Earnings Call Transcript

Aug 29, 2019 / 01:00AM GMT

Release Date Price: A$21.46 (-11.33%)

Transcript

Operator

Thank you for standing by, and welcome to the Appen Limited FY '19 Half Year Earnings Conference Call. (Operator Instructions) I would now like to hand the conference over to Mr. Mark Brayan, CEO. Thank you. Please go ahead.

Mark Ronald Gerard Brayan

Appen Limited - MD, CEO & Executive Director

Thanks, Jenny. And hello and welcome, everybody, to the conference call for our first half results for 2019. Thank you, once again for your interest in the company, and thanks for joining the call.

I'm joined today by our CFO, Kevin Levine, and you'll hear from him later on in the call. Per the intro, we'll walk through the presentation, and then we'll open the call for questions.

So let's get underway. If you could turn to Page 4, first of all, for the results highlights. Look, the company has undoubtedly delivered once again for our customers, our staff, our crowd workers and of course, our shareholders. Revenue for the half, up to -- up to $245.1 million. That's a 60% increase on the first half of last year. Underlying EBITDA of $46.3 million

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