Household services provider Amaysim
(ASX:AYS) has reported its NPAT is down 76 per cent to $2.7 million from last years driven by increased depreciation of technology investment and financing and costs related to acquisition funding.
They have record statutory net revenue of $578 million up 77 per cent on last year, driven by strong 12-month contribution of energy, subscriber growth across the Group and new product launches.
Its underlying EBITDA of $47.8 million is up 10 per cent on the prior corresponding period.
Amaysim does not own any mobile network infrastructure, but rather gains access to a mobile network operators’ infrastructure, currently Optus, to deliver mobile services to its subscribers.
Shares in Amaysim
(ASX:AYS) closed 0.96 per cent higher to $1.05 on Friday.
