Overview
Information & Communication

Appier Group,Inc.

Appier is an AI-native SaaS company that provides marketing and sales solutions powered by machine learning, deep learning, and generative AI, delivered through three integrated cloud platforms: Ad Cloud (performance-driven advertising automation), Personalization Cloud (omnichannel customer engagement), and Data Cloud (unified customer insights and real-time decision-making). The company serves enterprise clients across gaming, e-commerce, retail, insurance, financial services, and automotive sectors, helping them maximize ROAS, improve conversion rates, and enhance customer lifetime value. Founded by AI scientists from Harvard and Stanford, Appier maintains a world-class R&D team where 70% of members hold master's or doctoral degrees in AI or big data, with over 400 academic publications.

Market Cap
¥145B
US$925M
EV
¥144B
US$921M
Stock¥1,421▼-1.11%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
17.6
x
LTM EV/EBIT
38.4
x
LTM PER
43.2
x
LTM PBR
3.6
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-18.3%pt
10012345
Oct 24, 25 – Oct 23, 26StockTOPIX
1Nov 17, 25Disappointment selling after earnings
2Feb 16, 26Selling after earnings announcement
3Feb 25, 26Pre-earnings anticipatory buying
4Feb 26, 26Buying after earnings revision
5Aug 14, 26Q2 operating profit +88.6% YoY, FY guidance raised to ¥5.03bn (+69.1%)
MC → EV Bridge
145BUS$925MMarket Cap12.3BUS$78.7M+ Debt13.1BUS$83.4M− Cash0.00BUS$0.00M− Inv. Sec.144BUS$921MEV
AI Briefing
Generating insights…
Performance & Balance
Revenue 5Y (¥B)
12.7US$80.7M'21/1219.4US$124M'22/1226.4US$168M'23/1234.1US$217M'24/1243.7US$279M'25/12
EBITDA 5Y (¥B)
-0.40-US$2.54M'21/121.36US$8.65M'22/122.83US$18.0M'23/124.91US$31.3M'24/126.85US$43.7M'25/12
Net Income 5Y (¥B)
-1.18-US$7.52M'21/120.02US$0.13M'22/121.00US$6.39M'23/122.93US$18.7M'24/122.56US$16.3M'25/12
Capital Structure
76%
24%
EquityD/E 0.31xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
6.56US$41.8M3.65US$23.3M'21/123.80US$24.3M3.51US$22.4M'22/126.13US$39.1M3.35US$21.3M'23/125.50US$35.1M3.78US$24.1M'24/1211.7US$74.8M11.1US$70.6M'25/12
Shareholders
Top 10 hold 53.5%
1
PLAXIE INC (Standing Proxy: SMBC Nikko Securities Inc.)
16.79%
2
PEAK XV PARTNERS INVESTMENTS IV (Standing Proxy: SMBC Nikko Securities Inc.)
9.77%
3
The Master Trust Bank of Japan, Ltd. (Trust Account)
6.98%
4
CEPLUX- THE INDEPENDENT UCITS PLATFORM 2 (Standing Proxy: Citibank, N.A., Tokyo Branch)
5.56%
5
CHIA-YUNG SU (Standing Proxy: SMBC Nikko Securities Inc.)
3.88%
6
GLOBAL PREMIER GROUP LIMITED (Standing Proxy: Citibank, N.A., Tokyo Branch)
2.62%
7
BNY GCM CLIENT ACCOUNT JPRD AC ISG (FE-AC; Standing Proxy: MUFG Bank, Ltd.)
2.57%
8
GSESL APPIER CLIENT ASSET ACCOUNT (Standing Proxy: SMBC Nikko Securities Inc.)
2.05%
9
BNP PARIBAS SINGAPORE/2S/JASDEC/CLIENT ASSET (Standing Proxy: Mizuho Bank, Ltd.)
1.64%
10
WAN-LING LEE (Standing Proxy: SMBC Nikko Securities Inc.)
1.63%
Management
8 officers
Chih-Han YU
Representative Director, CEO
Jun 2012 Director, Appier, Inc. Oct 2013 Director, Appier Pte. Ltd. (current) Jul 2014 Director, Appier Japan K.K. (current: Representative Director) Feb 2019 Appointed Representative Director of the Company (current)
1979-04-03
Wan-Ling LEE
Director, COO
Dec 2012 Appointed Director, Appier, Inc. Oct 2013 Appointed Director, Appier Pte. Ltd. (current) Feb 2019 Appointed Director of the Company (current) Jun 2025 Appointed Director, First Insurance Co., Ltd. (current)
1980-10-14
Chia-Yung SU
Director, CIO
Jun 2012 Director, Appier, Inc. Oct 2013 Appointed Director, Appier Pte. Ltd. (current) Feb 2019 Appointed Director of the Company (current)
1982-03-21
Jeng-Ting TU
Director
Jan 2004 Joined SpringSoft Inc. Nov 2008 Joined HTC Corporation Sep 2016 Joined Appier, Inc. Aug 2019 Appointed Director of the Company (current)
1980-07-22
Lee-Feng CHIEN
Director, Audit and Supervisory Committee Member
Aug 1993 Joined Academia Sinica Aug 2002 Appointed Professor, National Taiwan University Mar 2006 Joined Google, Inc. (now Google LLC), Managing Director, Taiwan Office Feb 2019 Appointed Director, Audit and Supervisory Committee Member of the Company (current) Feb 2020 Appointed Director, iKala Interactive Media Inc. (current) Mar 2022 Partner, TWLeap Venture (current) Jun 2022 Appointed Independent Director, Airoha Technology Corp. (current) Aug 2022 Appointed Independent Director, KKday Holdings K.K. (current) Jun 2023 Appointed Independent Director, Uni-President Group (current) Jul 2023 Director, Institute for Information Industry (current) Sep 2024 Director, Chunghwa Telecom Co., Ltd. (current) May 2025 Director, ASUSTeK Computer Inc. (current)
1963-03-25
Ten MOTOMURA
Director, Audit and Supervisory Committee Member
Apr 1999 Joined JAFCO Co., Ltd. Oct 2004 Joined KIACON Co., Ltd. Nov 2005 Joined Chip One Stop, Inc. Jan 2010 Joined INCJ, Ltd. (now Japan Investment Corporation) Mar 2018 Appointed CVC Investment Manager, New Frontier Capital Management Co., Ltd. Nov 2018 Joined TGVest Capital, appointed Managing Director Nov 2018 Joined TGVest Capital K.K., appointed Representative Director Aug 2019 Appointed Director, Audit and Supervisory Committee Member of the Company (current) Jul 2025 Appointed Advisory Director, TGVest Capital K.K. (current)
1976-09-30
Ching-Hua HO
Director, Audit and Supervisory Committee Member
Oct 1990 Major Account Director, Mid-Atlantic Region, Sybase Inc. Sep 1995 Managing Director, Oracle Taiwan, Oracle Corporation Jan 2000 JSVP/GM Asia Pacific and Japan, Broadvision, Inc. Apr 2002 CEO, UFSoft, Inc. Dec 2006 CEO, Kingdee Software Inc. Sep 2008 Director, JPC, Inc. (current) Sep 2010 COO, Camelot Inc. Sep 2018 Director, Mayo Human Capital Inc. (current) Mar 2022 Appointed Director, Audit and Supervisory Committee Member of the Company (current)
1956-05-10
Jo-Fan YU
Director, Audit and Supervisory Committee Member
Jan 2001 Prosecutor (Taiwan) Oct 2008 Joined ING Life Insurance Company Jun 2009 Joined Baker & McKenzie Jan 2015 Joined Google LLC May 2017 Appointed Partner, Baker & McKenzie Jan 2024 Appointed CEO, Taiwan Network Information Center (current) May 2024 Appointed Director, DotAsia Organisation Limited (current) Mar 2025 Appointed Director, Audit and Supervisory Committee Member of the Company (current)
1975-01-29
Large Shareholding Reports
Peak XV Partners Investments IV
2026-10-20
9.81%→6.79%
Baillie Gifford Overseas Limited
2026-10-07
3.83%→2.79%
BlackRock Japan Co., Ltd.
2026-07-06
0.95%→1.18%
BlackRock Fund Advisors
2026-04-17
3.57%→3.60%
BlackRock Fund Advisors
2026-04-03
3.57%
Zennor Asset Management LLP
2026-03-23
5.06%→6.19%
Capital Research and Management Company
2026-03-06
6.67%→1.99%
UBS Switzerland AG
2026-02-06
1.91%→1.95%
Zennor Asset Management LLP
2026-01-28
5.06%
UBS Asset Management (Europe) S.A.
2026-01-09
2.00%
BlackRock Fund Advisors
2026-01-06
3.88%→2.80%
Capital Research and Management Company
2025-12-22
6.67%→6.67%
Capital Research and Management Company
2025-11-21
7.99%→6.67%
Capital Research and Management Company
2025-10-22
7.99%→7.99%
BlackRock Fund Advisors
2025-10-03
3.88%
Disclosures
No disclosures
Primary Source Filings
EDINET
2026-10-20
Large Shareholding Report
EDINET
2026-10-07
Large Shareholding Report
EDINET
2026-08-14
Semi-Annual Securities Report
Period: Jan 2026 – Dec 2026
TDnet
2026-08-13
Q2 Earnings Flash
FY ending Dec 2026
EDINET
2026-07-06
Large Shareholding Report
TDnet
2026-05-13
Q1 Earnings Flash
FY ending Dec 2026
EDINET
2026-04-17
Large Shareholding Report
EDINET
2026-04-03
Large Shareholding Report
EDINET
2026-03-26
Annual Securities Report
Period: Jan 2025 – Dec 2025
EDINET
2026-03-23
Large Shareholding Report
EDINET
2026-03-06
Large Shareholding Report
EDINET
2026-02-06
Large Shareholding Report
EDINET
2026-01-28
Large Shareholding Report
EDINET
2026-01-09
Large Shareholding Report
EDINET
2026-01-06
Large Shareholding Report
EDINET
2025-12-22
Large Shareholding Report
EDINET
2025-11-21
Large Shareholding Report
TDnet
2025-11-14
Q3 Earnings Flash
FY ending Dec 2025
EDINET
2025-10-22
Large Shareholding Report
EDINET
2025-10-03
Large Shareholding Report
EDINET
2025-08-14
Semi-Annual Securities Report
Period: Jan 2025 – Dec 2025
TDnet
2025-05-15
Q1 Earnings Flash
FY ending Dec 2025
EDINET
2025-03-31
Annual Securities Report
Period: Jan 2024 – Dec 2024
EDINET
2024-08-14
Semi-Annual Securities Report
Period: Jan 2024 – Dec 2024
EDINET
2024-05-14
Quarterly Securities Report
Period: Jan 2024 – Mar 2024
EDINET
2024-03-29
Annual Securities Report
Period: Jan 2023 – Dec 2023
EDINET
2023-11-13
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-14
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-05-15
Quarterly Securities Report
Period: Jan 2023 – Mar 2023
EDINET
2023-03-30
Annual Securities Report
Period: Jan 2022 – Dec 2022
Ask AI
I have this company's financials, ownership, and management on hand. Ask me anything from an M&A perspective.
End of Preview

Try the full product

Free demo (no time limit, up to 10 companies). Explore Comps, DCF, LBO, WACC on every screen. Excel export is on the paid plan.

Free Demo (No Time Limit, 10 Companies) →