AMA Group has provided its quarterly cashflow report.
According to the report the business remained significantly COVID-19 affected through much of the second quarter of 2022. Repair volumes in December were impacted by the shortened work month and by the lower traffic volumes after the Omnicron variant arrived in Australia.
The summary of its cash position stated that AMA Group ended the second quarter with a cash balance of approximately $81m and unused available finance facilities of approximately $8m. The ASX listed company will be releasing its full half year results on 22 February.