Ann: AMS Confirm Guidance, AGM Presentation, page-53

This sell-off of AMS seems completely inconsistent with the guidance update released today :-

Highlights:
• FY22 revenue expected to be in excess of $95m (up 21%+ on FY21) and above consensus forecast, with 1H’22 revenue in excess of $40m despite supply chain issues
• Expected EBITDA margin of 12% – 15% (vs 10.4% in FY21), before ~$1m of opex costs resulting from Videogram investment

If AMS are able to confidently forecast this level of growth of Revenue/EBITDA whilst Covid is still hanging about in some parts of the world, it would suggest they could do even better when things get back to normal. I'm very happy with these numbers, and topped up today at $1.11. Seems like a gift horse ...

All IMHO, DYOR