Added to YB: 2026-10-09
Pitch date: 2026-10-07
4180.T [neutral]
Appier Group, Inc.
+0.22%
current return
Author Info
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Company Info
Appier Group, Inc., operates as AI-native SaaS company in Japan and internationally. The company offers ad cloud products, such as RETARGETING, an AI-powered segmentation re-engages high-value users, driving conversions and sustainable growth; AIBID, an AI-driven bidding optimization product; AdCreative.
Market Cap
JPY 143.2B
Pitch Price
JPY 1.3K
Price Target
N/A
Dividend
N/A
EV/EBITDA
17.86
P/E
42.68
EV/Sales
2.89
Sector
Software
Category
growth
Appier Group (4180): The AI Marketing Growth Story Behind NRR of About 120% and Monthly Churn of 0.30%
4180.T (monitor): Appier’s AI marketing platform has ~120% NRR and 0.30% monthly churn; H1 2026 revenue rose 26.9%, operating profit 88.6% and gross margin to 57.1%. Cash generation remains unresolved: LTM FCF was negative ¥775m, although net cash was ~¥8bn and positive FY2026 Core FCF is forecast. At 34.7x forecast earnings, valuation depends on forecast delivery and companywide growth closing the gap with the existing business.
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