Appian Corporation Honors European Partners for Automation Excellence in 2023
November 21, 2023
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Appian Corporation ($NASDAQ:APPN) was honored to recognize its European partners for their excellence in process automation at the 2023 Appian International Partner Award Showcase. Appian Corporation is a leading provider of business process automation software, helping its clients to streamline their processes and gain operational efficiency. With its award-winning cloud platform, Appian’s customers have seen substantial gains in speed and agility while reducing costs and increasing customer satisfaction. This year, Appian recognized its European partners for their strategic investments in process automation technology and successful implementations of Appian’s solutions. The award winners from Europe included organizations from across the continent, ranging from banks to government agencies to insurance companies.
Each organization showcased how their Appian solutions had enabled them to achieve success by increasing efficiency, reducing costs, and driving customer satisfaction. Appian is proud to have such innovative partners using its technology to make a difference in organizations around the world. The 2023 Appian International Partner Award Showcase was a great opportunity to recognize the European partners who have achieved excellence in process automation and honor their success.
Share Price
This recognition highlights the importance of collaboration and innovation in the industry. The stock opened at $36.8 and closed at the same price, a modest 0.3% increase from its previous closing price of $36.6. This small development signifies that Appian Corporation is set on a positive trajectory as it continues to expand its presence in Europe.
The company’s European partners have worked hard to develop automated solutions that enhance productivity and simplify processes. Appian Corporation is grateful to them for their efforts in pushing the boundaries of technology and helping to create a better tomorrow. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Appian Corporation. More…
| Total Revenues | Net Income | Net Margin |
| 525.83 | -135.85 | -25.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Appian Corporation. More…
| Operations | Investing | Financing |
| -114.79 | -9.21 | 200.05 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Appian Corporation. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 597.04 | 528.94 | 0.93 |
Key Ratios Snapshot
Some of the financial key ratios for Appian Corporation are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 21.7% | – | -22.4% |
| FCF Margin | ROE | ROA |
| -24.0% | -99.1% | -12.3% |
Analysis
As an investor, analyzing the financials of a company before investing is critical. GoodWhale is here to help you do just that. After conducting an in-depth analysis of APPIAN CORPORATION, we concluded that they are classified as ‘cheetah’, a type of company that has achieved high revenue or earnings growth but is considered less stable due to lower profitability. When looking at APPIAN CORPORATION through our Star Chart, we can see that it is strong in growth, medium in asset and weak in dividend, profitability. Additionally, they have a low health score of 3/10 considering their cashflows and debt, which means that they are less likely to sustain future operations in times of crisis. With this information in mind, it is likely that investors who are attracted to companies that have high growth potential but are slightly more risky due to their low stability and profitability may be interested in APPIAN CORPORATION. However, the investor should also take into account the low health score when deciding whether to invest or not. More…
Peers
Its competitors include MiMedia Holdings Inc, Zenvia Inc, and CCC Intelligent Solutions Holdings Inc.
– MiMedia Holdings Inc ($TSXV:MIM)
As of 2022, ViMedia Holdings Inc has a market cap of 8.46M and a Return on Equity of 55.92%. ViMedia is a provider of video streaming services. The company was founded in 2004 and is headquartered in New York, NY.
– Zenvia Inc ($NASDAQ:ZENV)
return on equity (ROE) is a measure of profitability that calculates how much profit a company generates with the money shareholders have invested. The higher the ROE, the more profitable the company is for its investors.
Zenvia Inc has a market cap of 72.23M as of 2022 and a ROE of -3.81%. This means that the company is not very profitable for its investors. The company provides mobile marketing and communication solutions.
– CCC Intelligent Solutions Holdings Inc ($NYSE:CCCS)
The company’s market cap is 5.28B as of 2022 and its ROE is -6.42%. The company provides intelligent solutions that enable businesses to make better decisions, improve operational efficiencies and optimize customer engagement. It offers a suite of products and services that include business intelligence, data management, advanced analytics, predictive analytics, and custom application development.
Summary
Appian Corporation is a global provider of low-code application development and process automation software. Its products are designed to make it easier for businesses to build and deploy custom, process-based applications across a range of industries. Appian’s stock is an attractive option for investors looking to gain exposure to the growing process automation market. Its current share price is near all-time highs, and analysts expect the company to continue to post strong growth over the long term, driven by its suite of products and customer base.
Appian has recently won the Appian International Partner Award for demonstrating excellence in process automation across Europe, further highlighting the company’s position within the market. Investors should research the company’s financials as well as its competitive landscape before investing in Appian Corporation.
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