ambition group ltd (AMB) Snapshot

Ambition Group Limited announced that Peter O'Donovan, Chief Financial Officer, has been appointed company Secretary with effect from June 12, 2013, following the resignation of Rick Taylor.

Ambition Group Ltd., Annual General Meeting, May 14, 2013., at 10:00 AUS Eastern Standard Time. Location: Computershare, Level 4. Agenda: To receive and consider the financial report of the Company and the reports of the Directors and auditors for the year ended 31 December 2012; to consider retirement by rotation & re-election of Nick Waterworth; to consider retirement by rotation & re-election of Paul Lyons; to consider re-election of Eric Dodd; to consider appointment of Nick Johnson; and to consider remuneration report.

Ambition Group Ltd. announced consolidated and parent unaudited earnings results for the half year ended December 31, 2012. For the period on consolidated basis, the company reported revenue of AUD 87,562,000 against AUD 95,425,000 for the same period a year ago. Profit before income tax expense was AUD 306,000 against AUD 1,654,000 for the same period a year ago. Profit after income tax expense was AUD 69,000 against AUD 1,316,000 for the same period a year ago. Diluted profit per share was 0.10 cents against 1.96 cents a year ago. Net cash used in operating activities was AUD 354,000 against net cash from operating activities of AUD 1,219,000 for the same period a year ago. Payments to acquire property, plant and equipment and intangible assets were AUD 290,000 against AUD 631,000 for the same period a year ago. On parent basis for the half year period, the company reported loss before income tax expense of AUD 884,000 against AUD 608,000 for the same period a year ago. Loss after income tax expense was AUD 619,000 against AUD 426,000 for the same period a year ago.