Appier records the first profitable quarter and delivers a record revenue of 4.2 billion yen with a year-over-year growth rate of 53%
TAIPEI, TAIWAN - Media OutReach - 9 May 2022 -
Highlights and achievements for the first quarter of 2022
- Revenue grew by 53% year-over-year (YoY) to a historical high of 4.2 billion yen, growth rate reaching a three-year high
- Gross profit significantly grew by 60% YoY with an improved gross margin of 50%
- Operating profit turned positive since it entered the scaling phase of the business
- EBITDA margin achieved 6.2% with a record high EBITDA profit of 262 million yen
- Operating margin improved by 20 percentage points YoY and EBITDA margin improved by 10 percentage points YoY
- Continuous substantial growth from the US market with YoY revenue increasing over 14X, QoQ revenue increasing over 180% and reaching to 9% of total revenue
- Achieved 32% YoY growth in customer numbers with the lowest churn rate in the company history of 0.67%