AYS 0.00% 21.0¢ amaysim australia limited

Ann: amaysim announces financial results for FY19, page-2

  1. 452 Posts.
    lightbulb Created with Sketch. 169
    These numbers are an outright disaster.

    The mobile business keeps declining at concerning pace and the company has changed the way of presenting its subscriber base admitting that only 624k generate recurring revenues while the growth of energy customers has slowed down substantially while ARPU has declined by 10%, so the hope that energy would compensate for the pressure in the mobile business has been shattered. And for FY20 the EBITDA is expected to hit new lows in the range of $33m-39m (compared to $47.3m in FY19) due to significant reinvestments. This stock will take a deep dive today.
 
watchlist Created with Sketch. Add AYS (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.