Episode Details

Mudita Advisors recently invested heavily in Appian, a low-code automation company, buying 839,400 shares for $22.78 million. This stake, now worth $20.24 million, represents 4.13% of their total assets. Despite Appians stock price drop of over 40% in the past year, the companys fundamentals are improving. Q1 revenue surged 21% to $202.2 million, cloud subscriptions grew 25%, and they turned profitable. Adjusted EBITDA soared 59% to $26.6 million, with operating cash flow at $48.8 million. Muditas investment suggests the stock dip may be overdone, positioning Appian as a potential winner in the digital transformation wave.

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