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The latest update is out from Ambertech Limited ( (AU:AMO) ).
Ambertech reported 1H FY26 revenue of $48.5 million, up 7% on the prior period, driven by a 39% rebound in its Professional segment as project delivery normalised, though gross margin fell to 32% due to a higher mix of lower-margin project work. Normalised EBITDA was steady at $1.1 million, but the company posted a statutory net loss after tax of $2.6 million following goodwill and inventory impairments totalling about $2.9 million.
Following a comprehensive board review, Ambertech has set a new strategic direction focused on restoring profitability, tightening capital and inventory discipline, and simplifying operations, with detailed execution planning underway. Management will roll out initiatives in 2H FY26 and into FY27 including aged inventory optimisation, a brand portfolio review and reinvestment in priority growth segments, with the board expecting improved capital discipline, stabilisation in key segments and better returns over time despite competitive trading conditions.
The most recent analyst rating on (AU:AMO) stock is a Hold with a A$0.15 price target. To see the full list of analyst forecasts on Ambertech Limited stock, see the AU:AMO Stock Forecast page.
More about Ambertech Limited
Ambertech Limited is an ASX-listed company operating in the professional and consumer audio-visual and technology distribution sector. The business focuses on supplying equipment and solutions across segments including professional projects and building automation and control, with an emphasis on managing inventory and capital allocation to support sustainable growth.
Average Trading Volume: 36,706
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$14.31M
Learn more about AMO stock on TipRanks’ Stock Analysis page.