Good update
Sales increased half on half - with $35.6m sales for the year.
And with almost no revenue from the 2 x new products - which are both expected to add significantly to revenue in 24/25
The business has also reduced their overheads by a considerable amount - now with just 70 staff members..
No mention about gross margins, but we will get a better feel for this over the coming months.
Sounds like the new CEO Jerome Young (who was a co-founder of the business & CEO of AMS for 10 years) has a really good handle on the business.
I only hold a small position in AMS, but this is looking like a good turnaround story - so will add on further good news
Good update Sales increased half on half - with $35.6m sales for...
-
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AMS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
3.4¢ |
Change
-0.001(2.86%) |
Mkt cap ! $41.26M | |||
| Open | High | Low | Value | Volume |
| 3.4¢ | 3.5¢ | 3.4¢ | $1.733K | 50.25K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 1282279 | 3.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.4¢ | 26362 | 1 |
View Market Depth
| Last trade - 15.31pm 25/07/2024 (20 minute delay) ? |
| AMS (ASX) Chart |