Appian Corp (OQ:APPN)

Sector:  Technology Industry:  Software
See Regulatory Filings on SEC
Company Contact
Address: 7950 Jones Branch Drive
Tel: N/A
IR: See website
Key People
Matthew W. Calkins
Chairman of the Board, President, Chief Executive Officer, Founder
Robert C. Kramer
Founder, General Manager, Director
Mark Matheos
Chief Financial Officer
Christopher Winters
General Counsel, Corporate Secretary
Pavel Zamudio-Ramirez
Chief Customer Officer
Business Overview
Appian Corporation is a software company that automates business processes and operationalizes artificial intelligence (AI) with low-code design. The Company is engaged in helping organizations build applications and workflows, with a low-code automation platform. Its Appian platform is an integrated automation platform that enables organizations to transform the way they work, allowing them to design, automate, and optimize end-to-end processes and complex business operations. It offers Workflow, Robotic Process Automation (RPA), Data Fabric, and Process Mining in one fully integrated, low-code platform. Its patented data fabric architecture delivers a solution, enabling organizations to make informed decisions and route processes from a 360-degree view of business operations. Its Self-Assembling Interface Layer (SAIL) technology and utilization of low-code design allows its customers to create intuitive user experiences and deploy them across Web and mobile devices.
Financial Overview
For the three months ended 31 March 2024, Appian Corp revenues increased 11% to $149.8M. Net loss decreased 11% to $32.9M. Revenues reflect Cloud Subscriptions segment increase of 24% to $86.6M, Maintenance And Support segment increase of 20% to $7.3M, Foreign segment increase of 23% to $55.7M, United States segment increase of 5% to $94.1M. Lower net loss reflects Sales and marketing - Balancing value decrease of 8% to $55.6M (expense).
Employees: 2,243 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $2,104M as of Mar 31, 2024
Annual revenue (TTM): $559.96M as of Mar 31, 2024
EBITDA (TTM): -$79.48M as of Mar 31, 2024
Net annual income (TTM): -$107.54M as of Mar 31, 2024
Free cash flow (TTM): -$73.73M as of Mar 31, 2024
Net Debt Last Fiscal Year: $85.02M as of Mar 31, 2024
Shares outstanding: 72,241,500 as of Apr 29, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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