Azure report increased Revenue, Margins and Profit
- Sales revenue increase by 12% to $16.8 million
- Gross Margins increase from 44.5% to 51.5% as the business successfully deals with tariff challenges
- NPAT for the half of $0.809 million compared to a loss of $0.465 million in prior comparative period
- NPBT of $0.948 million at the higher end of $0.8 to $1.0 million NPBT guidence
- Cash on hand as at 31 December 2019 was $6.061 million
Please read the full Announcement HERE.