Ambertech : Annual Report 2020

Ambertech Limited is an acknowledged leader in the identification, supply and distribution of advanced technologies for the Professional and Consumer audio/visual markets within the Oceania region.

Our purpose is to add significant operational value by developing and strengthening customer relationships, expanding horizons of opportunity and delivering strong and continuous financial growth to stake holders through our proven ability to integrate, implement and commercialise existing and emerging technologies.

C O N T E N T S

  1. L etter to S hareholders
  2. O ur B usiness and B rands
  3. P rofessional S egment
  4. L ifestyle E ntertainment S egment
  5. F inancial R eport
  6. S hareholders I nformation
  7. C orporate D irectory

LETTER TO SHAREHOLDERS

On behalf of your Board and executive management we would like to present you with your 2020 Annual Report. This past year has represented a period of significant achievement and change to our business, with the second half of the year operating under the formidable shadow that is the COVID-19 pandemic.

Major business achievements during the year included:

The initial trading period after the integration of the HAV business was strong, however the business was impacted by COVID-19 and qualified for the JobKeeper support subsidy. The improvement in annual revenues can be seen in the chart below.

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Ambertech Limited published this content on 08 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 October 2020 02:34:00 UTC

© Publicnow - 2020

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Chart Ambertech Limited

Company Profile

Ambertech Limited is an Australia-based distributor of audio-visual solutions for all types of installation projects in Australia and New Zealand, including professional broadcast, media and communications; live sound and production; music instruments and sound recording; residential and commercial installation, and home entertainment markets. The Company operates through three segments: Retail, Integrated Solutions and Professional. The Retail segment is engaged in the distribution of home entertainment solutions to dealers. The Integrated Solutions segment is focused on distribution and supply of custom installation components for home theatre and commercial installations to dealers and consumers, and the distribution of projection and display products with business and domestic applications. The Professional segment is engaged in the distribution of high technology equipment to the professional broadcast, film, recording and sound reinforcement industries.