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For the six months ended 30 June 2020, Ambition Group Ltd revenues decreased 7% to A$49.2M. Net loss increased from A$457K to A$7.1M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Higher net loss reflects Depreciation and amortisation expense increase of 3% to A$1.7M (expense), Computer expenses increase of 7% to A$560K (expense).
Period Ending: | Jun 30, 2020 | Dec 31, 2019 | Jun 30, 2019 | Dec 31, 2018 |
---|---|---|---|---|
Total Revenue | 49.24 | 57.02 | 53.21 | 58.34 |
Gross Profit | 16.31 | 22.24 | 21.6 | 21.98 |
Operating Income | -6.83 | -0.29 | -0.42 | -0.7 |
Net Income | -7.09 | -0.42 | -0.46 | -0.78 |
Period Ending: | Jun 30, 2020 | Dec 31, 2019 | Jun 30, 2019 | Dec 31, 2018 |
---|---|---|---|---|
Total Assets | 22.39 | 31.96 | 30.13 | 24.92 |
Total Liabilities | 18.02 | 20.8 | 18.16 | 12.36 |
Total Equity | 4.37 | 11.16 | 11.97 | 12.56 |
Period Ending: | Jun 30, 2020 | Dec 31, 2019 | Jun 30, 2019 | Dec 31, 2018 |
---|---|---|---|---|
Period Length: | 6 Months | 12 Months | 6 Months | 12 Months |
Cash From Operating Activities | 5.75 | 3.28 | -1.27 | 1.12 |
Cash From Investing Activities | -0.21 | -0.1 | -0.06 | -0.06 |
Cash From Financing Activities | -1.83 | -4.08 | -1.17 | -1.1 |
Net Change in Cash | 3.73 | -0.85 | -2.15 | 0.73 |
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