Appier exceeds first quarter projection, reports robust earnings growth
- Written by Auzzi Shopping
Increasing business momentum lays a solid foundation for second quarter onwards
Highlights and achievements of Q1 FY23- Revenue increased by 32% YoY to reach JPY 5.6 billion
- Gross profit reached JPY 2.8 billion with a 32% YoY growth rate
- EBITDA profit increased by 60% YoY with 8% margin on a FX-neutral basis
- Achieved 24.4% YoY growth in customer numbers with last twelve months net revenue retention of 133.8% on FX neutral basis, and a customer churn rate of 0.608%
Read more: Appier exceeds first quarter projection, reports robust earnings growth