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30 June 2023 at 4:17pm
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[ARTICLE] Why Appen’s big problem is that it’s not a tech company

A news article has been posted about WiseTech Global on the AFR. The article was published around , on 19 June 2022 at 2:00pm.

James Brickwood At the heart of Appen’s woes, analysts say, is one simple fact – it is still a services business, not a technology business. That brings a range of consequences, including the project-related nature of its revenue (compared to the typically high recurring revenue base of software-as-a-service companies such as Xero and WiseTech) and a significant concentration in its core customers.

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WTC was $35.82 at the close of trade on 17 June 2022

Find all articles about WiseTech Global, including others on the AFR, on the media page.

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