Japan Specialist

Mark Chadwick

Over 20 years experience in equities and asset management in Asia and Japan. Qualified CFA with experience analyzing companies as a buy-side analyst. In-depth knowledge of company fundamental analysis, corporate governance and valuations.

Appier (4180) | Key Drivers Behind Strong Q3 Performance

Appier (4180) | A Volatile Stock Despite Solid SaaS Metrics

Appier (4180) | It's Doubled, so What's Next

TOPIX Index Upweights: Final Predictions for The "The Big April Basket” 2023

Equity Bottom-Up

<ul>
<li>Appier achieved 32% revenue growth and 50.1% gross margin in Q1 FY23, exceeding company expectations</li>
<li>We expect the pace of growth to accelerate, driven by stronger momentum in Digital Content in Q2 and Q3</li>
<li>We remain bullish following the recent pullback in the share price. Stock is attractive at 5x EV/Rev</li>
</ul>


Appier achieved 32% revenue growth and 50.1% gross margin in Q1 FY23, exceeding company expectations
We expect the pace of growth to accelerate, driven by stronger momentum in Digital Content in Q2 and Q3
We remain bullish following the recent pullback in the share price. Stock is attractive at 5x EV/Rev


Appier Group

Appier (4180) | Another Positive Quarter