• Revenue of $73.4 million, +10% vs prior corresponding period
• Underlying EBITDA of $13.3 million, +182% vs prior corresponding period
• Appen China revenue grew 81% vs prior corresponding period

Appen Limited, a global market leader in data for the Artificial Intelligence (AI) lifecycle, reported its Q4 FY25 quarterly activity and Appendix 4C. The company achieved revenue of $73.4 million, up 10% versus the prior corresponding period, and underlying EBITDA of $13.3 million, a 182% increase year-over-year. Appen's China business delivered strong results, with quarterly revenue of $32.0 million, up 81% versus the prior corresponding period, and underlying EBITDA of $4.3 million, reflecting a 13.5% quarterly EBITDA margin. The Appen Global division also performed well, with revenue of $41.4 million, up 56% compared to the prior quarter, and underlying EBITDA of $10.2 million, an 80% increase versus the prior corresponding period. The company successfully executed against its ~$10 million annualized cost efficiency target through technology innovation and automation. Appen ended the quarter with a strong cash balance of $59.8 million.