AMA CORPORATION PLC 28 Jul 2023 08:00 CEST
AMA CORPORATION PLC
AMA: 2023 first-half revenues
AMA CORPORATION PLC (AMA), a publisher and integrator of secure productivity applications designed for connected frontline workers, is reporting €1.7m of consolidated revenues (unaudited) at constant exchange rates for the first half of 2023, compared with €2.1m for the first half of 2022.
Unaudited consolidated revenues (IFRS, million of €) At constant exchange rates | 2023 | 2022 | Change |
First quarter | 0.8 | 1.1 | -24% |
Second quarter | 0.9 | 1.0 | -16% |
Total first-half | 1.7 | 2.1 | -21% |
2023 first-half revenue
Positive trends took shape over the first half of this year despite the lower level of revenues than in the first half of 2022. The positive response to the new "Enterprise Model" commercial offer, launched in March 2023, is leading to an improvement in revenues between the first and second quarters of 2023. Order intake was also up 6% in the second quarter and 24% in June 2023.
Stronger financial position
The capital increase carried out on June 30, 2023 enabled AMA to further strengthen its equity and benefit from a solid cash position of €12.5m (€9.5m net of debt). This strengthened financial position will enable AMA to maintain its high rate of innovation and pursue its international sales strategy.
AMA retains a cash horizon of over 12 months, excluding the activation of the financing lines already granted, which amount to €12m on the date of this press release.
Continued innovations helping drive integration: launch of XpertEye v7.2
AMA continues to innovate, with four major new versions of XpertEye deployed each year. Launched at the end of July, version 7.2 of XpertEye improves the recording of XpertEye videoconferences, ensuring better traceability of exchanges. This feature is very convenient for documenting inspections, procedures and training. Version 7.2 also includes a new language, traditional Chinese, bringing the total number of languages supported to 21.
Next financial press release
2023 first-half earnings and 2023 third-quarter revenues: October 31, 2023 (before start of trading)
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Ama Corporation plc published this content on 28 July 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 July 2023 06:18:07 UTC.
