Appian Corp (NAS:APPN)
$ 32.24 0.58 (1.83%) Market Cap: 2.33 Bil Enterprise Value: 2.48 Bil PE Ratio: 0 PB Ratio: 0 GF Score: 79/100

Appian Corp at Needham Emerging Technology Conference Transcript

May 21, 2019 / 09:10PM GMT
Release Date Price: $33.83 (+0.27%)
Unidentified Participant

Welcome to the Needham Emerging Technology Conference. We are pleased to introduce the CFO of Appian Corporation, Mark Lynch.

Mark Lynch
Appian Corporation - CFO

Okay, so Appian --- our new tagline here is Idea to Application, Faster. We guarantee it. And I'll tell you what that means as I get into the presentation. This is me, the Chief Financial Officer, and the good-looking guy over there is Mark Matheos, the VP and Corporate Controller.

So in a nutshell, Appian is a low-code platform for building enterprise software applications, building mission-critical applications very, very quickly. At the end of 2018, we had $226 million in total revenue. Our subscription software was growing at 40%. And prior to the IPO, Appian had only taken on $10 million in primary equity capital in the history of the Company. So we were boots --- effectively we were a bootstrap company going into the IPO. And we've been around --- this will be our 20th year in August. So we're kind of an anomaly as it relates to software companies out there.

So

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