Latest news with #FX-neutral
Yahoo
15-05-2025
- Business
- Yahoo
AI-Led Growth Fuels Appier's Strong FY25 Start with 31% FX-Neutral Revenue Increase and Profit Expansion
Robust growth, expanding margins, and record-low churn reinforce product stickiness and long-term value in Appier's AI-driven business Highlights and achievements for Q1 2025 Revenue hit JPY 9.4 billion, up 27% YoY and 31% on a FX-neutral basis, powered by NEA (+37%) and US & EMEA (+32%) expansion Gross profit rose 26% YoY to JPY 4.8 billion, with FX-neutral gross margin up to 52.3%, driven by AI-led efficiencies Excluding one-time acquisition costs, EBITDA grew 45% YoY to JPY 1.1B; operating income nearly tripled to JPY 195M, reflecting operating leverage and disciplined cost control LTM NRR at 118.7% with record-low churn, underscoring product stickiness and durable customer expansion; quarterly ARPC rose 10.1% YoY on a FX-neutral basis, maintaining a high level of growth TOKYO, May 15, 2025 /PRNewswire/ -- Appier Group Inc (TSE: 4180), henceforth referred to as Appier, today announced its financial earnings results for the first quarter of fiscal year 2025, ended March 31, 2025. The company reported robust growth across regions, continued margin improvement, and record-low churn, underscoring product stickiness and durable customer expansion. Diversified Growth Across Regions and Verticals Powers Strong Q1 Performance Appier's revenue reached JPY 9.4 billion, marking a 27% YoY increase, or 31% growth on an FX-neutral basis, reflecting resilient demand and expanding enterprise adoption. Northeast Asia (NEA) grew 37% YoY, fueled by strong momentum in both Japan and Korea, particularly in the e-commerce sector. The US and EMEA delivered 32% YoY growth, building on a strong prior-year base through vertical diversification and sustained traction in digital remained well-balanced, with 57% of incremental revenue driven by existing customers, reinforcing business scalability, deeper enterprise penetration, and strong retention. The remaining 43% came from new customers, fueled by strategic wins in digital content and e-commerce verticals. The client base expanded by 15% YoY, supported by strong new customer acquisition across regions and industries. Quarterly Average Revenue Per Customer(ARPC) increased 10.1% YoY on an FX-neutral basis, maintaining strong momentum. Margin Expansion Driven by Operational Leverage and AI Efficiency Gross profit rose 26% YoY to JPY 4.8 billion, with FX-neutral gross margin improving to 52.3%, driven by ongoing enhancements in personalization algorithms and new GenAI capabilities, including AI-powered algorithm enhancements. Excluding one-time costs related to the acquisition, operating income in Q1 nearly tripled to JPY 195 million, with a 2.1% operating margin. EBITDA grew 45% YoY to JPY 1.1 billion. These results reflect strong operating leverage and disciplined execution across the business. Operational efficiency improved, with OPEX-to-revenue down 1.8 percentage points YoY, driven by disciplined R&D, streamlined AI development, and a lean cost base. Customer retention hit a record high, with churn at a historic low and USD-based LTM Net Revenue Retention(NRR) steady at 118.7%, highlighting strong enterprise stickiness and ROI from Appier's AI-native solutions. Fueling Enterprise Marketing with Data and Creativity The integration of acquired towards the end of FY25 Q1, is expected to deliver immediate value across Appier's product portfolio, including Ad Cloud, Personalization Cloud, and Data Cloud. "This is more than an acquisition — it's a catalyst for accelerating product innovation and expanding our scope from data-driven digital marketing decisions to creative intelligence," said Chih-Han Yu, CEO and Co-founder of Appier. "This integration allows us to apply a force multiplier that deepens our AI advantage and reinforces our leadership in enterprise marketing." Appier blends analytical precision with creative power, helping brands move faster, think smarter, and scale imagination globally — from Asia to Europe to the U.S. Built for Sustained Growth Appier has received an AA rating from MSCI ESG Ratings, recognizing its strong performance in managing environmental, social, and governance (ESG) factors. This places us among the top-rated companies in our sector and reflects Appier's commitment to responsible growth, sustainable innovation, and transparent governance, reinforcing the long-term value we strive to deliver to shareholders, customers, and society. View original content to download multimedia: SOURCE Appier Sign in to access your portfolio
Korea Herald
15-05-2025
- Business
- Korea Herald
AI-Led Growth Fuels Appier's Strong FY25 Start with 31% FX-Neutral Revenue Increase and Profit Expansion
Robust growth, expanding margins, and record-low churn reinforce product stickiness and long-term value in Appier's AI-driven business Highlights and achievements for Q1 2025 TOKYO, May 15, 2025 /PRNewswire/ -- Appier Group Inc (TSE: 4180), henceforth referred to as Appier, today announced its financial earnings results for the first quarter of fiscal year 2025, ended March 31, 2025. The company reported robust growth across regions, continued margin improvement, and record-low churn, underscoring product stickiness and durable customer expansion. Diversified Growth Across Regions and Verticals Powers Strong Q1 Performance Appier's revenue reached JPY 9.4 billion, marking a 27% YoY increase, or 31% growth on an FX-neutral basis, reflecting resilient demand and expanding enterprise adoption. Northeast Asia (NEA) grew 37% YoY, fueled by strong momentum in both Japan and Korea, particularly in the e-commerce sector. The US and EMEA delivered 32% YoY growth, building on a strong prior-year base through vertical diversification and sustained traction in digital content. Growth remained well-balanced, with 57% of incremental revenue driven by existing customers, reinforcing business scalability, deeper enterprise penetration, and strong retention. The remaining 43% came from new customers, fueled by strategic wins in digital content and e-commerce verticals. The client base expanded by 15% YoY, supported by strong new customer acquisition across regions and industries. Quarterly Average Revenue Per Customer(ARPC) increased 10.1% YoY on an FX-neutral basis, maintaining strong momentum. Margin Expansion Driven by Operational Leverage and AI Efficiency Gross profit rose 26% YoY to JPY 4.8 billion, with FX-neutral gross margin improving to 52.3%, driven by ongoing enhancements in personalization algorithms and new GenAI capabilities, including AI-powered algorithm enhancements. Excluding one-time costs related to the acquisition, operating income in Q1 nearly tripled to JPY 195 million, with a 2.1% operating margin. EBITDA grew 45% YoY to JPY 1.1 billion. These results reflect strong operating leverage and disciplined execution across the business. Operational efficiency improved, with OPEX-to-revenue down 1.8 percentage points YoY, driven by disciplined R&D, streamlined AI development, and a lean cost base. Customer retention hit a record high, with churn at a historic low and USD-based LTM Net Revenue Retention(NRR) steady at 118.7%, highlighting strong enterprise stickiness and ROI from Appier's AI-native solutions. Fueling Enterprise Marketing with Data and Creativity The integration of acquired towards the end of FY25 Q1, is expected to deliver immediate value across Appier's product portfolio, including Ad Cloud, Personalization Cloud, and Data Cloud. "This is more than an acquisition — it's a catalyst for accelerating product innovation and expanding our scope from data-driven digital marketing decisions to creative intelligence," said Chih-Han Yu, CEO and Co-founder of Appier. "This integration allows us to apply a force multiplier that deepens our AI advantage and reinforces our leadership in enterprise marketing." Appier blends analytical precision with creative power, helping brands move faster, think smarter, and scale imagination globally — from Asia to Europe to the U.S. Built for Sustained Growth Appier has received an AA rating from MSCI ESG Ratings, recognizing its strong performance in managing environmental, social, and governance (ESG) factors. This places us among the top-rated companies in our sector and reflects Appier's commitment to responsible growth, sustainable innovation, and transparent governance, reinforcing the long-term value we strive to deliver to shareholders, customers, and society.
Yahoo
15-05-2025
- Business
- Yahoo
AI-Led Growth Fuels Appier's Strong FY25 Start with 31% FX-Neutral Revenue Increase and Profit Expansion
Robust growth, expanding margins, and record-low churn reinforce product stickiness and long-term value in Appier's AI-driven business Highlights and achievements for Q1 2025 Revenue hit JPY 9.4 billion, up 27% YoY and 31% on a FX-neutral basis, powered by NEA (+37%) and US & EMEA (+32%) expansion Gross profit rose 26% YoY to JPY 4.8 billion, with FX-neutral gross margin up to 52.3%, driven by AI-led efficiencies Excluding one-time acquisition costs, EBITDA grew 45% YoY to JPY 1.1B; operating income nearly tripled to JPY 195M, reflecting operating leverage and disciplined cost control LTM NRR at 118.7% with record-low churn, underscoring product stickiness and durable customer expansion; quarterly ARPC rose 10.1% YoY on a FX-neutral basis, maintaining a high level of growth TOKYO, May 15, 2025 /PRNewswire/ -- Appier Group Inc (TSE: 4180), henceforth referred to as Appier, today announced its financial earnings results for the first quarter of fiscal year 2025, ended March 31, 2025. The company reported robust growth across regions, continued margin improvement, and record-low churn, underscoring product stickiness and durable customer expansion. Diversified Growth Across Regions and Verticals Powers Strong Q1 Performance Appier's revenue reached JPY 9.4 billion, marking a 27% YoY increase, or 31% growth on an FX-neutral basis, reflecting resilient demand and expanding enterprise adoption. Northeast Asia (NEA) grew 37% YoY, fueled by strong momentum in both Japan and Korea, particularly in the e-commerce sector. The US and EMEA delivered 32% YoY growth, building on a strong prior-year base through vertical diversification and sustained traction in digital remained well-balanced, with 57% of incremental revenue driven by existing customers, reinforcing business scalability, deeper enterprise penetration, and strong retention. The remaining 43% came from new customers, fueled by strategic wins in digital content and e-commerce verticals. The client base expanded by 15% YoY, supported by strong new customer acquisition across regions and industries. Quarterly Average Revenue Per Customer(ARPC) increased 10.1% YoY on an FX-neutral basis, maintaining strong momentum. Margin Expansion Driven by Operational Leverage and AI Efficiency Gross profit rose 26% YoY to JPY 4.8 billion, with FX-neutral gross margin improving to 52.3%, driven by ongoing enhancements in personalization algorithms and new GenAI capabilities, including AI-powered algorithm enhancements. Excluding one-time costs related to the acquisition, operating income in Q1 nearly tripled to JPY 195 million, with a 2.1% operating margin. EBITDA grew 45% YoY to JPY 1.1 billion. These results reflect strong operating leverage and disciplined execution across the business. Operational efficiency improved, with OPEX-to-revenue down 1.8 percentage points YoY, driven by disciplined R&D, streamlined AI development, and a lean cost base. Customer retention hit a record high, with churn at a historic low and USD-based LTM Net Revenue Retention(NRR) steady at 118.7%, highlighting strong enterprise stickiness and ROI from Appier's AI-native solutions. Fueling Enterprise Marketing with Data and Creativity The integration of acquired towards the end of FY25 Q1, is expected to deliver immediate value across Appier's product portfolio, including Ad Cloud, Personalization Cloud, and Data Cloud. "This is more than an acquisition — it's a catalyst for accelerating product innovation and expanding our scope from data-driven digital marketing decisions to creative intelligence," said Chih-Han Yu, CEO and Co-founder of Appier. "This integration allows us to apply a force multiplier that deepens our AI advantage and reinforces our leadership in enterprise marketing." Appier blends analytical precision with creative power, helping brands move faster, think smarter, and scale imagination globally — from Asia to Europe to the U.S. Built for Sustained Growth Appier has received an AA rating from MSCI ESG Ratings, recognizing its strong performance in managing environmental, social, and governance (ESG) factors. This places us among the top-rated companies in our sector and reflects Appier's commitment to responsible growth, sustainable innovation, and transparent governance, reinforcing the long-term value we strive to deliver to shareholders, customers, and society. View original content to download multimedia: SOURCE Appier
Yahoo
14-05-2025
- Business
- Yahoo
Nu Holdings Ltd (NU) Q1 2025 Earnings Call Highlights: Record Customer Growth and Strategic ...
Customer Growth: Added 4.3 million customers in Q1 2025, reaching a total of 119 million. Revenue in Mexico: Nearly doubled on an FX neutral basis, reaching $245 million last quarter. Credit Portfolio: Reached $24.1 billion in Q1, growing 8% quarter over quarter and 40% year over year on an FX-neutral basis. Loan Originations: Total loan originations reached a record of BRL20.2 billion in Q1, up 64% year over year. Deposits: Total deposits reached $31.6 billion in Q1, up 48% year over year on an FX-neutral basis. Net Interest Income (NII): Grew 34% year over year and 5% quarter over quarter on an FX-neutral basis, reaching $1.8 billion. Net Interest Margin (NIM): Declined 20 basis points to 17.5%. Gross Profit: Totaled $1.3 billion in Q1, up 32% year over year on an FX-neutral basis. Efficiency Ratio: Improved to 24.7%, reflecting a 520-basis-points sequential improvement. Net Income: Reached $557 million in Q1, up 74% year over year on an FX-neutral basis. 15 to 90 Days NPLs: Rose by 60 basis points to 4.7%. 90-plus NPLs: Declined by 50 basis points to 6.5%. Credit Loss Allowance: Rose to $973.5 million in Q1. Warning! GuruFocus has detected 4 Warning Signs with SRFM. Release Date: May 13, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Nu Holdings Ltd (NYSE:NU) added 4.3 million customers in Q1 2025, reaching a total of 119 million across all markets. The company achieved a high customer engagement with nearly 100 million monthly active customers and an activity ratio above 83%. Nu Holdings Ltd (NYSE:NU) received approval for a banking license in Mexico, which is expected to accelerate growth and product offerings. The company's Average Revenue Per Active Customer (ARPAC) has the potential to grow significantly, with historical cohorts showing a fivefold increase over seven to eight years. Operating efficiency improved with an efficiency ratio of 24.7%, reflecting a 520-basis-point sequential improvement. Gross profit margins declined to 40.6% due to higher credit loss allowance and increased interest expenses in Brazil. Net interest margins (NIM) in Mexico and Colombia were temporarily impacted by strategic investments in building local deposit franchises. The company's consolidated net interest margins declined by 20 basis points to 17.5%, reflecting different stages of geographic operations. Credit loss allowance increased due to seasonal effects and portfolio growth, impacting risk-adjusted NIM. The expansion of deposit bases in Mexico and Colombia placed short-term pressure on margins. Q: Can you explain the resilience of Brazil's Net Interest Margin (NIM) despite higher Selic rates and seasonal weaknesses? A: Guilherme Lago, Chief Financial Officer, explained that despite headwinds from higher Selic rates and a pullback from PIX financing, the resilience in Brazil's NIM is due to increased loan-to-deposit ratios (LDRs). This balance sheet re-leveraging is expected to drive NIM expansion in the medium term, although short-term fluctuations may occur. Q: How did the FGTS loan API disruption impact loan originations, and what was the magnitude of this impact? A: Guilherme Lago noted that the FGTS loan API disruption caused a 10% impact on the quarter's FGTS originations. This operational issue affected the market for about 10 days, impacting the overall origination volumes. Q: Is the focus on Brazil and Mexico a shift in strategy, and what is the status of international expansion beyond Latin America? A: David Osorno, CEO, confirmed that Brazil, Mexico, and Colombia remain the primary focus due to significant growth opportunities. While international expansion is considered a long-term strategy, the current emphasis is on strengthening operations in these key markets. Q: How do you plan to stabilize risk-adjusted NIMs given the higher cost of risk observed this quarter? A: Guilherme Lago explained that the drop in risk-adjusted NIMs was largely seasonal, with three-fourths of the decline due to typical first-quarter effects. The remaining impact was from investments in Mexico and Colombia. He emphasized that Brazil's NIMs are expected to remain stable or grow as the balance sheet re-leverages. Q: What is the long-term potential for secured lending, and how aggressive can Nu Holdings be in this area? A: Guilherme Lago highlighted the significant growth potential in secured lending, particularly in public and private payroll loans. The company is optimistic about leveraging its digital model to capture market share, with FGTS and private payroll loans expected to drive substantial growth. Q: How does the debt renegotiation plan, Recomeco, impact PIX financing and overall credit origination? A: Youssef Lahrech, President and COO, clarified that the Recomeco program is not directly related to PIX financing. It aims to provide customers with a fresh start by offering selective credit access and discounts, designed to promote healthy credit behaviors without creating a moral hazard. Q: What are the expectations for net interest margins in Mexico and Colombia compared to Brazil? A: Guilherme Lago stated that while Mexico and Colombia currently have tighter NIMs, the profitability in these markets is expected to converge towards Brazil's levels as the company optimizes funding and loan-to-deposit ratios. Mexico's unit economics are particularly promising. Q: Why did Nu Holdings increase coverage for Stage 2 loans, and what does this indicate about risk management? A: Youssef Lahrech explained that the increase in Stage 2 coverage was due to a recalibration of provision model triggers, reflecting a proactive approach to risk management. This adjustment is seen as a one-time effect, pulling forward loans that would have been classified as Stage 2 later. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
Yahoo
08-05-2025
- Business
- Yahoo
Groupon Posts Surprize Q1 Profit, Raises Annual Outlook
Groupon Inc. (NASDAQ:GRPN) shares are trading higher premarket on Thursday. The company reported first-quarter financial results after the market closed on Wednesday. The company reported revenue of $117.2 million, beating estimates of $115.5 million, according to Benzinga Pro. Revenue was down 5% (+4% FX-neutral) compared to last year's first quarter (Y/Y).Groupon reported an EPS of 18 cents, versus estimates for a loss of 11 cents. Gross billings totaled $386.5 million in the first quarter, up 1% Y/Y (+2% Y/Y FX-neutral). Dusan Senkypl, CEO of Groupon said, 'With North America Local Billings accelerating to double-digit growth and our local marketplace strategy showing green shoots across geographies and verticals, we are building momentum and expect to continue to accelerate our growth.' Unit sales were 8.5 million, down 6% year over year, and active customers were 15.5 million as of March 31, down 4% year over year. Gross profit dipped 4% Y/Y to $106.3 million, and adjusted EBITDA declined to $15.3 million from $19.5 million in the prior year quarter. Groupon's operating cash flow was flat, and free cash outflow was $3.8 million in the quarter. The company ended the period with $226.8 million in cash and cash equivalents. Outlook: Groupon expects second-quarter revenue of $121 million to $123 million vs. consensus of $119.66 million. The company expects second-quarter billings to be up 4% to 7% year over year and adjusted EBITDA to be between $14 million and $17 million. Groupon guided for full-year billings growth of 3% to 4% (vs. 2% to 4% prior), and reaffirms revenue outlook of $493 million to $500 million (vs. street view of $496.96 million). Price Action: GRPN shares are up 12.2% at $19.06 premarket at the last check on Thursday. Read Next:Photo by Casimiro PT via Shutterstock UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? GROUPON (GRPN): Free Stock Analysis Report This article Groupon Posts Surprize Q1 Profit, Raises Annual Outlook originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
