Appier Group Inc
Appier – Explosive US Growth
Equity Bottom-Up330 Views, 09 May 2022 22:55
EXECUTIVE SUMMARY
- When we reviewed Appier’s 2021 results we rambled on about the US for about half of our note discussing explosive growth potential.
- We said that while Appier touted a >50% QoQ growth rate in the US we suspected it was actually closer to 100%.
- In 1Q it accelerated to >180% QoQ growth prompting the sell side to go all surprised Pikachu.