Appen reaffirms guidance amid steady AI demand

Artificial intelligence data firm Appen (ASX:APX) reaffirmed its full-year guidance for the 2025–26 financial year at its annual general meeting, pointing to resilient global demand for high-quality AI training data.

CEO Ryan Kolln noted that the company continues to see strong growth signals surrounding large language models from clients across both its Appen Global and Appen China divisions.

While acknowledging that revenue remains predominantly project-based and weighted towards the second half of the year, Kolln emphasised that strict cost controls will remain firmly in place to keep expenditure aligned with revenue opportunities.

Appen has re-anchored its full-year revenue forecasts between $270 million and $300 million, with an underlying EBITDA margin before foreign exchange anticipated to land between 5% and 10%.

At the time of reporting, Appen's share price was $1.22.