Appen Limited (APX) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning everyone and welcome to Abbott's first half FY26 results webinar. I'm Sam Wells from NWR and joining me from the company today is CEO and Managing Director Ryan Cole and Chief Financial Officer Justin Miles. Following a brief summary of the results released to the ASX this morning, we will have some time for Q&A with the management team. There will be a choice of two options. First, research analysts are able to raise their hand should you wish to ask a verbal question of the management team, or will also take written questions via the Q&A function at the bottom of your screen throughout today's presentation. We'll endeavour to get to the majority of questions asked, in some cases combining questions on the same or similar topic. And with that, I'll pass it over to you, Ryan. Thanks, Sam, and good morning, everyone. Thanks for joining us today for our H1 FY26 results presentation. My name is Jaron Collin. I'm the CR Managing Director at Appen, and with me is Justin Miles, our CFO. Today's presentation covers four sections. I'll start with the results overview. Justin will then walk through the detailed H1 FY26 financial performance. Then I'll return to cover our strategy and operational update, and we will close with an FY26 outlook and guidance before opening up the questions. Let me start now with an overview of our H1 results on page 5 of the presentation. The first half delivered on the themes that we've been building towards. At the group level, we delivered $119.9 million in revenue. This is 17% growth on the prior corresponding period. Appen China was a standout for the half. Revenue grew 80% to $76.2 million and achieved an annualized revenue run rate exceeding $175 million in June. That is up from $135 million at the end of 2025. The sustained g...