Operating profit increased by 4.4 times year-on-year and by 6.4 times on an FX-neutral basis, demonstrating strong revenue outperformance in key regions TOKYO, Aug. 14, 2024 /PRNewswire/ — Highlights and achievements of Q2 FY24 Achieved a record-high revenue of JPY 8.2 billion, with a 32% YoY growth, driven by strong outperformance in key regions. NEA grew by 35%, while the US & EMEA grew by 65%, exceeding projections. Profitability surpasses plan. Operating profit surged 4.4 times YoY (6.4 times YoY on an FX-neutral basis), elevating the operating margin to 4.3% (6.7% on an FX-neutral basis). Initiated the first shareholder return through a share buyback, driven by the positive outlook for the second half of the year with improved profitability. Profitability exceeded projections with the first-time shareholder return Appier Group Inc (TSE: 4180), henceforth referred to as Appier, today announced its earnings results for the second quarter of fiscal year 2024. This quarter, Appier achieved a record-high revenue of JPY 8.2 billion, which grew 32% YoY, and a record-high gross profit of JPY 4.2 billion. Strong outperformance in NEA and US & EMEA highlights robust business momentum across …
