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Appian Corp Stock Research

APPN

39.73USD-1.84(-4.43%)Market Closed

Market Summary

USD39.73-1.84
Market Closed
-4.43%

APPN Alerts

APPN Stock Price

APPN RSI Chart

APPN Valuation

Market Cap

3.1B

Price/Earnings (Trailing)

-20.53

Price/Sales (Trailing)

6.62

EV/EBITDA

-20.88

Price/Free Cashflow

-26.79

APPN Price/Sales (Trailing)

APPN Profitability

EBT Margin

-32.10%

Return on Equity

-103.58%

Return on Assets

-25.4%

Free Cashflow Yield

-3.73%

APPN Fundamentals

APPN Revenue

Revenue (TTM)

468.0M

Revenue Y/Y

19.81%

Revenue Q/Q

6.71%

APPN Earnings

Earnings (TTM)

-150.9M

Earnings Y/Y

-33.17%

Earnings Q/Q

21.77%

Price Action

52 Week Range

29.8066.91
(Low)(High)

Last 7 days

-4.0%

Last 30 days

2%

Last 90 days

14.2%

Trailing 12 Months

-15.5%

APPN Financial Health

Current Ratio

1.56

APPN Investor Care

Shares Dilution (1Y)

1.95%

Diluted EPS (TTM)

-2.08

Peers (Alternatives to Appian)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
2.1T
204.1B
-1.92% -6.89%
30.5
10.08
10.38% -5.25%
228.6B
46.1B
-7.20% 4.35%
25.98
4.96
11.29% -14.28%
186.7B
31.4B
6.91% -6.75%
897.78
5.96
19.41% -85.60%
163.2B
17.6B
-11.04% -20.88%
34.32
9.27
11.54% -1.37%
20.9B
4.4B
-7.13% -28.23%
201.15
4.75
7.15% -92.46%
12.1B
-
-3.12% 49.09%
44.35
17.39
- -
MID-CAP
9.6B
631.5M
-1.97% 16.85%
-45.68
15.19
33.30% -26.60%
8.9B
767.1M
-2.98% 9.04%
69.2
11.63
15.59% 16.73%
6.5B
869.9M
3.14% -9.62%
-33
7.53
13.87% -103.37%
3.1B
468.0M
2.00% -15.48%
-20.53
6.62
26.74% -70.26%
2.4B
308.3M
1.17% 7.67%
-23.16
7.93
13.75% -237.98%
SMALL-CAP
1.2B
383.7M
4.07% -32.35%
-9.91
3.24
14.43% -50.89%
1.2B
399.9M
30.95% 57.36%
-14.32
2.91
4.73% 8.15%
152.1M
317.3M
-43.48% -70.17%
-2.22
0.48
5.06% -17.52%

Financials for Appian

Income Statement (Last 12 Months)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue4.7%467,991,000447,193,000421,734,000394,670,000369,259,000
Gross Profit4.3%334,685,000321,002,000302,796,000283,190,000265,166,000
Operating Expenses6.3%479,695,000451,335,000418,250,000380,473,000349,073,000
  S&GA Expenses6.8%220,374,000206,271,000193,430,000177,784,000167,852,000
  R&D Expenses9.0%139,210,000127,759,000116,646,000106,666,00097,517,000
EBITDA-4.2%-141,260,000-135,624,000-117,461,000-92,968,000-81,797,000
EBITDA Margin0.5%-0.30-0.30-0.28-0.24-0.22
Earnings Before Taxes-5.1%-150,228,000-142,954,000-124,511,000-99,126,000-87,863,000
EBT Margin-0.4%-0.32-0.32-0.30-0.25-0.24
Interest Expenses412.6%1,671,000326,000295,000313,000323,000
Net Income-6.0%-150,920,000-142,349,000-123,737,000-98,208,000-88,641,000
Net Income Margin-1.3%-0.32-0.32-0.29-0.25-0.24
Free Cahsflow5.8%-115,646,000-122,824,000-104,522,000-80,692,000-59,976,000
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets30.7%594455470503505
  Current Assets41.8%422298315339338
    Cash Equivalents186.0%14852.0076.00107101
  Goodwill9.6%26.0024.0026.0027.0028.00
Liabilities59.3%449282265260271
  Current Liabilities20.4%270224212206216
    LT Debt, CurrentInfinity%3.00----
    LT Debt, Non CurrentInfinity%115----
Shareholder's Equity-15.8%146173205243234
  Retained Earnings-9.2%-408-374-330-280-257
  Additional Paid-In Capital2.1%561550538528497
Shares Outstanding0.2%73.0072.0072.00--
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations6.0%-106-113-94.81-71.71-53.92
  Share Based Compensation15.6%39.0034.0027.0023.0024.00
Cashflow From Investing-5.7%10.0011.0016.0039.0042.00
Cashflow From Financing457.7%14326.0026.0027.003.00

Risks for APPN

What is the probability of a big loss on APPN?

100%


Probability that Appian stock will be more than 20% underwater in next one year

98.1%


Probability that Appian stock will be more than 30% underwater in next one year.

70.8%


Probability that Appian stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does APPN drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Appian was unfortunately bought at previous high price.

Drawdowns

Returns for APPN

Cumulative Returns on APPN

9.4%


5-Year Cumulative Returns

4.9%


3-Year Cumulative Returns

What are the long-term rolling returns for APPN?

FIve years rolling returns for Appian.

Annualized Returns

Which funds bought or sold APPN recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-10
BAILLIE GIFFORD & CO
reduced
-72.14
-178,653,000
51,027,400
0.05%
2023-03-06
Rockefeller Capital Management L.P.
added
0.5
-9,000
32,000
-%
2023-02-28
Voya Investment Management LLC
unchanged
-
-128,790
506,210
-%
2023-02-28
Mezzasalma Advisors, LLC
reduced
-2.36
-245,113
860,887
0.75%
2023-02-27
Parallax Volatility Advisers, L.P.
reduced
-72.38
-121,552
34,448
-%
2023-02-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
reduced
-71.15
-3,225,000
965,000
0.01%
2023-02-22
CVA Family Office, LLC
unchanged
-
-219
781
-%
2023-02-21
MACQUARIE GROUP LTD
sold off
-100
-40,000
-
-%
2023-02-21
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO
added
27.56
509
23,509
-%
2023-02-16
GHP Investment Advisors, Inc.
unchanged
-
-930
4,070
-%

1–10 of 43

Latest Funds Activity

Are funds buying APPN calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own APPN
No. of Funds

Appian News

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Seeking Alpha

Schedule 13G FIlings of Appian

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 09, 2023
calkins matthew w
39.9%
29,048,442
SC 13G/A
Feb 09, 2023
vanguard group inc
9.55%
3,918,420
SC 13G/A
Jan 31, 2023
blackrock inc.
7.2%
2,958,404
SC 13G/A
Jan 26, 2023
abdiel qualified master fund lp
22.9%
9,404,803
SC 13D/A
Jan 19, 2023
abdiel qualified master fund lp
22.0%
9,008,528
SC 13D/A
Jan 06, 2023
baillie gifford & co
3.82%
1,567,182
SC 13G/A
Dec 01, 2022
baillie gifford & co
9.81%
4,028,919
SC 13G/A
Nov 14, 2022
abdiel qualified master fund lp
20.6%
8,465,572
SC 13D/A
May 25, 2022
abdiel qualified master fund lp
19.2%
7,842,224
SC 13D/A
May 11, 2022
abdiel qualified master fund lp
18.1%
7,403,469
SC 13D/A

APPN Fair Value

Appian fair value in different scenarios

The table shows the Fair Value estimates for Appian for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

-

-

-

-

-

-

-

-

-

-
Current Inflation

1.10

-97.23%

1.81

-95.44%

3.07

-92.27%

4.85

-87.79%

6.74

-83.04%
Very High Inflation

-

-

-

-

-

-

-

-

-

-

Historical Appian Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Appian

View All Filings
Date Filed Form Type Document
Mar 13, 2023
8-K
Current Report
Mar 07, 2023
4
Insider Trading
Feb 28, 2023
4
Insider Trading
Feb 21, 2023
4
Insider Trading
Feb 17, 2023
8-K
Current Report
Feb 16, 2023
10-K
Annual Report
Feb 16, 2023
8-K
Current Report
Feb 13, 2023
4
Insider Trading
Feb 09, 2023
SC 13G/A
Major Ownership Report
Feb 09, 2023
SC 13G/A
Major Ownership Report

Latest Insider Trading transactions for APPN

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-06
Matheos Mark
sold (taxes)
-60,442
44.64
-1,354
chief financial officer
2023-03-06
Matheos Mark
acquired
-
-
4,379
chief financial officer
2023-02-27
Lynch Mark Steven
sold
-60,135
43.17
-1,393
-
2023-02-16
Abdiel Capital Advisors, LP
bought
4,379,470
45.2079
96,874
-
2023-02-16
Abdiel Capital Advisors, LP
bought
141,321
45.2081
3,126
-
2023-02-09
Abdiel Capital Advisors, LP
bought
21,155
43.53
486
-
2023-02-09
Abdiel Capital Advisors, LP
bought
1,305
43.53
30.00
-
2023-02-08
Abdiel Capital Advisors, LP
bought
2,090,540
43.1617
48,435
-
2023-02-08
Abdiel Capital Advisors, LP
bought
67,547
43.1616
1,565
-
2023-02-07
Abdiel Capital Advisors, LP
bought
33,982
43.0159
790
-

1–10 of 50

About Appian

Matthew W. Calkins
1800
Appian Corporation provides low-code automation platform in the United States and internationally. The company's platform automates the creation of forms, workflows, data structures, reports, user interfaces, and other software elements that are needed to be manually coded. The company also offers professional and customer support services. It serves to financial services, government, life sciences, insurance, manufacturing, energy, healthcare, telecommunications, and transportation industries. The company was incorporated in 1999 and is headquartered in McLean, Virginia.

APPN Income Statement

2022-12-31
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenue   
Total revenue$ 467,991$ 369,259$ 304,573
Cost of revenue   
Total cost of revenue133,306104,09388,766
Gross profit334,685265,166215,807
Operating expenses   
Sales and marketing220,374167,852130,316
Research and development139,21097,51770,241
General and administrative120,11183,70453,152
Total operating expenses479,695349,073253,709
Operating loss(145,010)(83,907)(37,902)
Other non-operating expense (income)   
Other expense (income), net3,5453,584(5,786)
Interest expense1,673372478
Total other non-operating expense (income)5,2183,956(5,308)
Loss before income taxes(150,228)(87,863)(32,594)
Income tax expense692778883
Net loss$ (150,920)$ (88,641)$ (33,477)
Net loss per share:   
Basic (in usd per share)$ (2.08)$ (1.25)$ (0.48)
Diluted (in usd per share)$ (2.08)$ (1.25)$ (0.48)
Weighted average common shares outstanding:   
Basic (in shares)72,455,17571,036,49069,050,565
Diluted (in shares)72,455,17571,036,49069,050,565
Subscriptions   
Revenue   
Total revenue$ 340,152$ 263,738$ 198,710
Cost of revenue   
Total cost of revenue36,00527,33020,826
Professional services   
Revenue   
Total revenue127,839105,521105,863
Cost of revenue   
Total cost of revenue$ 97,301$ 76,763$ 67,940

APPN Balance Sheet

2022-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets  
Cash and cash equivalents$ 148,132$ 100,796
Short-term investments and marketable securities47,86355,179
Accounts receivable, net of allowance of $2,125 and $1,400, respectively165,964130,049
Deferred commissions, current30,19624,668
Prepaid expenses and other current assets28,09326,781
Restricted cash, current2,249791
Total current assets422,497338,264
Property and equipment, net of accumulated depreciation of $18,864 and $14,106, respectively41,85536,913
Long-term investments012,044
Goodwill26,34927,795
Intangible assets, net of accumulated amortization of $2,715 and $1,260, respectively5,2517,144
Operating right-of-use assets37,24827,897
Deferred commissions, net of current portion55,78849,017
Deferred tax assets1,9401,025
Restricted cash, net of current portion02,373
Other assets3,2862,047
Total assets594,214504,519
Current liabilities  
Accounts payable7,9975,766
Accrued expenses12,22715,483
Accrued compensation and related benefits40,71835,126
Deferred revenue, current194,768150,169
Debt, current2,7400
Operating lease liabilities, current8,6818,110
Other current liabilities3,1211,067
Total current liabilities270,252215,721
Long-term debt115,3790
Operating lease liabilities57,22548,784
Deferred revenue5,5562,430
Deferred tax liabilities102209
Other non-current liabilities03,458
Total liabilities448,514270,602
Commitments and contingent liabilities (see Note 4 and Note 14)
Stockholders’ equity  
Additional paid-in capital561,390497,128
Accumulated other comprehensive loss(7,246)(5,687)
Accumulated deficit(408,451)(257,531)
Total stockholders’ equity145,700233,917
Total liabilities and stockholders’ equity594,214504,519
Class A Common Stock  
Stockholders’ equity  
Common stock44
Class B Common Stock  
Stockholders’ equity  
Common stock$ 3$ 3