Positive revision of full-year guidance as the company demonstrates profitable growth, strong performance, and accelerated business momentum

TAIPEI, TAIWAN – Media OutReach – 13 November 2023 –

Highlights and achievements of Q3 FY23

• Revenue increased by 39% YoY to reach an all-time quarterly high of JPY 7.1 billion
• Gross profit reached a historical high of JPY 3.7 billion with a 38% YoY growth rate, while gross margin improved to 52.6%
• Operating income expanded over 60 times YoY to JPY 314 million, with operating margin at a historical high of 4.4%
• Revenue from US and EMEA markets accelerated to 117% growth YoY, representing 20% of total revenues from 13% a year ago
• Upward revision of full-year forecast from JPY 25.5 billion to JPY 26.2 billion, with YoY revenue growth rate further accelerated to 35% from 31%
• Raised full-year operating income to JPY 0.7 billion, up 32% from JPY 0.54 billion, with operating margin to 2.7% from 2.1%

Surpassing guidance and achieving revenue and operating profit record highs

Appier Group Inc (TSE: 4180), henceforth referred to as Appier, today announced its earnings results for the third quarter of the fiscal year 2023. Building on a remarkable Q2 performance, the company reports a surge in key financial indicators, exceeding projections for both revenue growth and profits. Appier continued to outpace its full-year guidance, with quarterly revenue soaring to an all-time high of JPY 7.1 billion with a 39% YoY growth. Furthermore, Appier’s operating income expanded over 60 times compared to the same period last year.

The company’s revenue and operating profit grew strongly at the same time, reporting gross margins of 52.6% and achieving a historically high operating margin of 4.4%. This was primarily driven by its continuous efforts in R&D and innovation in the past quarters and successful geographical expansion. This growth also underscores Appier’s unwavering commitment to delivering sustainable and profitable results, as well as offering exceptional benefits for its valued customers with proprietary technology and solution synergies.

Strong customer traction and demand across Northeast Asia, the US and EMEA markets

Appier’s key regions demonstrated outstanding performance this quarter, with the US and EMEA regions taking the lead in robust growth to witness a remarkable 117% YoY surge in revenue. This also substantially elevated their contribution to 20%, in contrast with the previous year’s 13%. In Northeast Asia (63%), Appier sustained robust growth across industries with approximately 40% YoY revenue expansion.

New guidance amid accelerated growth and positive profit outlook

In light of Appier’s profitable growth, strong performance, and accelerated business momentum achieved over the past three quarters, the company has announced a positive revision of its FY23 guidance. The revenue target for FY23 has been raised to JPY 26.2 billion, demonstrating a significant YoY growth rate increase from 31% to 35%. In parallel, operating income has been elevated to JPY 0.7 billion, marking an increase of 32% from JPY 0.54 billion, with the operating margin increased to 2.7% from 2.1%.

“Appier’s notable expansion this quarter can be attributed to our robust and distinctive product offerings, which consistently deliver proven returns on investment to our customers. Our technology moat helps us to establish a unique market position, spanning various verticals and regions, empowering us to excel in the marketing domain and deliver unmatched value,” said Dr. Chih-Han Yu, CEO and Co-Founder, Appier.

Leveraging proprietary technologies to gain a competitive edge

Appier recently introduced a series of revolutionary product updates that harness the combined capabilities of generative AI and decision-making AI, reshaping the landscape of data-driven marketing. By embracing AI as the next-gen UI, brands can harness Appier’s technology moat to achieve ROI-driven outcomes. This involves unlocking the productivity potential of generative AI and capturing valuable business insights through decision-making AI, resulting in a wide array of performance improvements, ranging from foundational to advanced, seamlessly adaptable to brands’ unique business requirements. Appier’s unwavering commitment to the power of AI continues to set the stage, enhancing ROI, productivity, and personalization, underlining the philosophy that AI stands as the cornerstone of modern marketing.

A standout feature of both CrossX and AIQUA is the ability to auto-generate high ROI-driven content through its proprietary AI technology, resulting in dynamic creative backgrounds and compelling marketing messages. Furthermore, Appier’s intuitive AIQUA User Journey Co-Pilot empowers brands to effortlessly customize effective journey templates tailored to individual marketing requirements. CrossX elevates the user experience by providing personalized images at scale and expanding interests through the combined power of generative and decision-making AI. This reinforces Appier’s commitment to empowering brands in delivering tailored recommendations and experiences for every individual user.

These updates seamlessly integrate the autonomous content creation capabilities of generative AI with the performance evaluation precision of decision-making AI, providing businesses with a competitive edge in the marketing domain.
Hashtag: #Appier #ArtificialIntelligence #GenerativeAI #MarTech #earnings #Q3

https://www.linkedin.com/company/appier/

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About Appier

Appier (TSE: 4180) is a software-as-a-service (SaaS) company that uses artificial intelligence to power business decision-making. Founded in 2012 with a vision of democratizing AI, Appier now has 17 offices across APAC, Europe and US, and is listed on the Tokyo Stock Exchange. Visit www.appier.com for more company information and visit ir.appier.com/en/ for more IR information.

This approach allows ARTTA Concept to provide bespoke interior designs that cater to the business community, including high-end clients such as the luxury jewelry brand PIAGET, Golden Harvest Cinema, fashion brand Lee Jeans, and the high-end Chinese restaurant “Peony”. Many of these projects have won international recognition and solidified ARTTA Concept’s position amongst leading interior architectural design brands.

Crafting Local Brand Narratives Through Personalized Design

ARTTA Concept valued interior design as in essence practical and straightforward. The basis of project research lies in the company’s intuitive understanding and familiarity with the current commercial market. The initial step involves identifying the brand’s positioning in the commercial landscape. To help the brand stand out, detailed research is carried out, integrating elements that the public is familiar with into the design process, thereby creating designs that not only resonate with the public’s familiarity but also encapsulate the brand’s unique personality. ARTTA excels in leveraging cross-industry and cross-category analyses, embodying the company’s mission of “Design For Impact”. This involves amalgamating elements from different fields into a single unified design, thereby expanding the brand’s reach into other domains. By preserving the brand’s existing stance while carving out an alternative value, they’re able to amplify the brand’s resonance in the market.

Creating Community Value through Design: Golden Harvest Cinema in Tai Po

ARTTA Concept uses interior design to forge connections with society, creating resonances. A case in point is Golden Harvest Cinema in Tai Po, the district’s first cinema in 20 years. Recognizing the significant impact a cinema can have within a community, Arthur Tang, the founder of ARTTA, saw an opportunity to highlight the unique characteristics of Tai Po. Given that people’s movie-going habits are often influenced by geographical considerations, ARTTA’s design approach was tailored to reflect the local area, providing a unique and authentic experience for movie-goers. As part of their design strategy, the team chose vibrant and youthful LED lighting elements, signifying Tai Po’s vitality despite its peripheral location within the New Territories. This design not only appeals to people’s environmental consciousness but also creates a pleasant and welcoming atmosphere, evoking feelings of relaxation, comfort, and natural charm. Its innovative design, rich in architectural aesthetics, won the cinema a gold award in the entertainment category at the “Better Future 2022 – Hong Kong Design Awards 2022”.

Breaking Industry Boundaries with Pragmatic Architectural Design: Peony Chinese Restaurant

Peony Chinese Restaurant, a high-end Chinese restaurant situated in Discovery Bay, is a standout project of ARTTA Concept. Being the only Chinese restaurant in the area, ARTTA’s team applied their unique market insights and comprehensive database to conduct incisive research and surveys. This approach broke through the constraints of interior design, delving into areas such as market studies and architecture. They identified the excellent light transmission of the building’s location and calculated the angle of light refraction to create a tranquil and elegant dining atmosphere filled with warmth and brightness. Furthermore, they effectively managed air-conditioning temperature control, aligning with current demands for sustainable design. This project has won numerous international awards, including the newly established Arch Design Award Winner ’23 Gold Award, presented by Finland. This award recognizes Peony Chinese Restaurant not only for its interior designs, but also as an innovative, well-crafted, and interesting design proposition in the architectural field. The project’s success was evaluated based on environmental relevance, spatial layout, materials used, lighting, and functionality. During its construction, Peony Chinese Restaurant used recycled materials, renewable energy, and waste-avoidance architectural solutions, which are crucial in today’s sustainability-focused society. As energy regulations around the world become increasingly stringent each year, ARTTA Concept’s sustainable design concept is undoubtedly at the forefront of the industry. This is further underscored by the project winning the Silver Award at the Better Future Hong Kong Design Awards 2022 and the A’DESIGN AWARD 2022.

The essence of sustainable interior design lies in beginning with comprehensive market research and analysis

In recent years, the concept of sustainable development has become a prevalent topic of discussion. As the essence of sustainable interior design lies in beginning with comprehensive market research and analysis. This lays the groundwork for the creation of enduring design strategies, encompassing a series of related but subtly different blueprints. These designs allow for ample flexibility, accommodating future modifications and changes in plans. ARTTA Concept’s goal is to ensure that the interior architecture not only encapsulates an aesthetic appeal but also remains focused on the key objectives, optimizing the use of time and resources to produce cost-effective and high-quality designs.

Hashtag: #ARTTA #ARTTAConcept #Strategic #CommercialDesign #InteriorArchitecturalDesign

https://hk.linkedin.com/company/arttaconcept
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The issuer is solely responsible for the content of this announcement.

About ARTTA Concept

ARTTA Concept is an experienced architectural and commercial design-led consultancy that has won numerous international awards over the years. The company was founded in 2010 by Arthur Tan. ARTTA Concept’s team of globally trained professionals has experience in nearly 100 interior design projects ranging from 80 square meters of retail rebranding to 30,000 square meters of hotel projects.

Having been in operation for 13 years, ARTTA Concept continues to adhere to its philosophy of strategic interior design. Under the leadership of founder Arthur Tang, ARTTA Concept has always started from a strategic design perspective, integrating deep analysis of the characteristics of interior architecture with customer ideas and architectural aesthetics. After thorough consultations with customers on every design project, the team spends 30 to 40% of their time conducting extensive market research and surveys, including field inspections, online searches, and exchanges with multiple project stakeholders. They conduct comprehensive and detailed analyses of customer preferences, focus groups, the geographical location of the buildings, the style of competitors, and more, before extending their observations to the entire project area and even the whole of Hong Kong. They refer to foreign designs and repeatedly refine the artistic elements that customers love.

Therefore, regardless of whether it’s a Japanese style, industrial style, minimalist style, or traditional Chinese style, ARTTA Concept has explored and incorporated all of them. At the same time, because of their thorough and diverse project background analyses, the design team can clearly understand customer needs and the characteristics of the buildings, providing designers with a flexible and broad creative space. On the other hand, they can design exclusive and difficult-to-replicate works for customers, maximizing the benefits of the works and creating a social impact.

Embracing the Hakka Grand Gathering, Building a Vision of Peace Together

LONGNAN, CHINA – Media OutReach – 12 November 2023 – The sound of Hakka resonates across five continents, and the affection for our hometown extends to every corner of the world. From November 7th to 9th, the 32nd World Hakka Conference was held in Longnan, Jiangxi. More than 2,500 guests, including representatives from over 200 Hakka associations and communities worldwide, as well as renowned entrepreneurs, gathered here to celebrate this grand event.

During the opening ceremony held on the evening of the 7th, performers vividly portrayed the evolution of the Hakka people’s journey back home, the cradle of the Hakka culture, and the flourishing era of the Hakka community through staged singing, creative dances, multimedia performances, and more. The performances showcased the outstanding qualities, fine traditions, rich cultural connotations, and unique charm of the Hakka people.

Prior to the Hakka Conference, the 5th General Assembly of the Global Hakka Chongzheng Association (referred to as “Global Association”) was held in Shenzhen, bringing together Hakka representatives from around the world to reminisce about their hometown and carry forward the glory of the Hakka heritage.

As the organizer of both events, the Global Association has always been committed to uniting Hakka people worldwide, including those from Taiwan, to promote Hakka history and culture and facilitate peace across the Taiwan Strait.

In recent years, the Global Association has endeavored to maintain strong bonds among Hakka compatriots and work tirelessly to safeguard the vital interests of the Hakka community in Taiwan. These efforts have garnered extensive support and praise from Hakka associations worldwide.

Hashtag: #GlobalHakkaChongzhengFederation

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United Terra Enterprises PLC held its shareholders’ meeting which resulted in a share capital increase by contribution in kind and the election of the Board of Directors and management.

Hashtag: #UnitedTerraEnterprises

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About United Terra Enterprises PLC

United Terra Enterprises is an international energy company engaged in the upstream oil and gas sector and the energy transition to renewable energy. The company is focused on establishing a responsible balance between conventional energy sources and the protection of the environment.

https://unitedterra.enterprises

Presented by The Japan Poultry Association and TAI ON Coffee & Tea Shop

HONG KONG SAR – Media OutReach – 10 November 2023 – Japanese eggs have always been highly popular among Hong Kong people. As of 2022, Hong Kong has consecutively ranked as the top region for Japanese egg exports for 18 years, accounting for 93% of the total export volume. The annual consumption of Japanese eggs by Hong Kong people has also shown a rapid growth trend. This year, the “Japan Poultry Association” continues to promote Japanese eggs to Hong Kong people and encourages the local food and beverage industry to introduce Japanese eggs.

As a result, they have collaborated with the Ranou (蘭王) to present three Hong Kong-style egg dishes using the finest Japanese “Ranou eggs”. The featured egg dishes revolve around the renowned “egg tarts”, accompanied by nostalgic “boiled eggs” and “Scotch eggs with preserved meat and dried vegetables”. Each dish incorporates new elements into the classics and enhances the flavors with the addition of Ranou (蘭王) bringing surprises to the taste buds.

The three Hong Kong-style Japanese egg dishes are now available for a limited time at the TAI ON Coffee & Tea Shop (大安茶冰廳 ). Additionally, other dishes using Japanese eggs are also being served, such as original flavor egg tarts (HKD 28), bean curd sheet sweet egg cake (HKD 38), and molten custard French toast with milk foam (HKD 68). The “Da An Tea and Ice House” expresses its commitment to continue supporting Japanese eggs, and all egg tarts will continue to be made with Japanese eggs, aiming to attract customers. Please look forward to this sincere fusion of Hong Kong and Japanese culinary cultures!

Egg Tart with Japanese Egg Tasting Event
On November 7th (Tuesday), the Japan Poultry Association invited various media outlets, key opinion leaders (KOLs), and the Consul General of Japan in Hong Kong, Ambassador Okada, to participate in the “Tasting Event: New Japanese Egg Tart Creation”. The event showcased the limited-time products made with Japanese eggs.

To promote Japanese eggs, Mr. Hitoshi Asagi, the representative of the Japan Poultry Association (Managing Director), specially attended the event in Hong Kong. Mr. Asagi expressed his delight and gratitude for the successful execution of the event. He hoped that this opportunity would allow Hong Kong people to experience the unique and safe culture of consuming raw Japanese eggs. During the event, he introduced the characteristics and rigorous production processes of Japanese eggs, aiming to deepen Hong Kong people’s understanding and trust in Japanese eggs. Mr. Asagi also mentioned that they would continue and further promote Japanese eggs in Hong Kong, with the goal of achieving a steady growth in export volume each year.

The limited-time dishes received positive feedback during the event. In addition to evaluating the taste, aroma, and appearance of the food, the guests also expressed their trust and confidence in the preparation of semi-cooked dishes made with Japanese eggs. During the Q&A session, the guests actively raised questions, including inquiries about consuming raw Japanese eggs in Hong Kong. In response, Mr. Yasuyoshi Sankai, the representative of JA Zen-Noh Egg Corporation (Section Chief), explained that due to the transportation time, most Japanese eggs available in the Hong Kong market have exceeded the recommended period for raw consumption. Some Japanese egg packages are labeled as “for heating” and it is not recommended for consumers to consume them raw for safety reasons. As for a small portion of Japanese eggs labeled as “for raw consumption,” they are transported by air with shorter transportation time, allowing them to be safely consumed within the specified raw consumption period indicated on the packaging.

The production process of Japanese eggs
The production process of Japanese eggs is highly regarded internationally due to strict monitoring and management from production to delivery, ensuring safety and health for consumers to enjoy with peace of mind. Before the eggs are sent to the GP center for multiple inspections, the young chickens receive vaccinations to prevent infectious diseases and undergo regular testing for Salmonella to ensure the collection of healthy eggs. Once the eggs arrive at the GP center, they undergo automated inspection, packaging, and production processes. The temperature is strictly controlled in the facility to prevent egg spoilage, and multiple inspection procedures are carried out to eliminate poor-quality eggs with inferior appearance, pale color, or blood spots. These measures contribute to the trustworthiness of Japanese eggs in the market.

Furthermore, there is a rumor that eggs with the “TAMAGO Japan Egg” certification logo can be consumed raw, but this is not entirely true. Fresh Japanese eggs have an optimal consumption period within 20 days after packaging, and the effective consumption period is generally 60 days. If one wishes to consume raw eggs, they should deduct 40 days from the effective consumption period. However, since most Japanese eggs are transported by slower shipping methods, the Japanese eggs available in Hong Kong may have already exceeded the recommended period for raw consumption. Additionally, the “TAMAGO Japan Egg” certification logo represents compliance with three certifications: the Japan Egg Association, the Japan Food Safety Verification Organization, and the hygiene management standards of the GP center for export. It does not specifically indicate suitability for raw consumption.

Introduction of Ranou (蘭王) eggs
Ranou (蘭王) eggs are produced in the city of Kitsuki, Oita Prefecture, which boasts abundant natural resources. The production of Ranou eggs adheres to the food hygiene management standards of “HACCP” and utilizes a special natural feed formula that emphasizes plant protein for feeding the hens. The vibrant orange yolk (Ranou eggs have the darkest hue at 15 degrees) concentrates the aroma and freshness of the eggs, making them visually appealing.

Ranou eggs have their own unique characteristics in terms of yolk, egg white, and eggshell. The use of red bell pepper powder as the main ingredient in the feed gives the eggs their distinctive bright orange yolk. Through research and improvements in feed formulation, the flavor and freshness of the eggs are taken to another level, while also increasing the hens’ preference for the feed, ensuring they consume an adequate amount. Additionally, the farm uses lactobacillus and seaweed powder to eliminate the protein’s odor and promote the growth of beneficial bacteria in the hens’ intestines. Moreover, the farm adds crab shells and calcium to the feed, which helps enhance the hardness of the eggshells and alleviate stress, contributing to the overall health of the hens.

TAI ON Coffee & Tea Shop (大安茶冰廳 ) Time-Limited Menu
Release Date (Limited Period): October 30, 2023 ~

Purple Yam Egg Tart（HKD 32）
The sweet and rich aroma of Ranou eggs combines synergistically with the fragrant sweetness of purple sweet potatoes, creating a double satisfaction. The filling consists of two layers, with the upper layer being smooth and flavorful chicken egg custard, while the lower layer is a velvety purple sweet potato paste. The addition of purple sweet potato granules on the surface adds a multi-textural experience to the overall taste.

Poached Egg with Condensed Milk and Espresso（HKD 45）
Experience the rich and authentic flavor of Ranou eggs, and then customize it according to personal taste by adding espresso and smooth condensed milk. This creates a modern twist on the traditional “steamed egg custard” dish, infused with the aroma of coffee and the sweetness of condensed milk.

Preserved Vegetable and Pork Patty Scotch Egg（HKD 62）
The crispy fried coating envelops a smoky and chewy meat filling, creating the classic Mei Cai Rou Bing (preserved vegetable and pork patty) flavor. At the same time, you can enjoy the refreshing crunchiness of the preserved vegetables, creating a delicious and multi-textured experience. The vibrant and enticing yolk of the Ranou egg adds richness to the dish. To complement the flavors, you can pair it with honey mustard sauce, chickpea puree, and salad greens, creating a refreshing taste that is not overpowering.

Hashtag: #TheJapanPoultryAssociation

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About The Japan Poultry Association

The Japan Poultry Association is a non-profit organization established in 1948, dedicated to improving the quality of the nation’s dietary lifestyle and ensuring the healthy development of the poultry industry. Its work includes stabilizing the supply and demand of poultry products and collecting and providing knowledge and information that promote the consumption of poultry products. The association also issues the “TAMAGO Japan Egg” safety certification for Japanese eggs that have passed multiple food inspections, allowing consumers to identify high-quality Japanese eggs.

The Japan Poultry Association’s safety certification assures consumers that eggs labeled with “TAMAGO Japan Egg” have been strictly monitored and tested, meeting the association’s rigorous standards in terms of rearing conditions, food safety inspections, and product quality and hygiene management.

By obtaining the Japan Poultry Association’s safety certification, consumers can trust that eggs labeled with “TAMAGO Japan Egg” have undergone strict monitoring and testing, ensuring they meet high-quality and hygiene standards. This allows consumers to choose and enjoy safe and reliable Japanese eggs.

The Japan Poultry Association ：Facebook

About TAI ON Coffee & Tea Shop (大安茶冰廳 )

TAI ON Coffee & Tea Shop (大安茶冰廳 ) was established in 1969 and has a history of 54 years. In 2022, due to the original owner immigrating, TAI ON Coffee & Tea Shop (大安茶冰廳 ) underwent a transformation from a traditional tea restaurant to a café. The restaurant underwent limited renovation while preserving the nostalgic ambiance of an old-fashioned “冰室” that is rarely seen today.

The menu primarily offers specialty coffee, light meals, and desserts. Additionally, it incorporates elements of a tea restaurant and creates original Chinese-Western fusion cuisine, reflecting TAI ON Coffee & Tea Shop (大安茶冰廳 ) commitment to blending new and old cultures.

Address: G/F 830 Canton Road, Yau Ma Tei

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