Ambition Group Ltd. reported consolidated earnings results for the half year ended June 30, 2016. For the period, the company has posted revenue of AUD 60,335,000 against AUD 48,172,000 a year ago. Profit before tax was AUD 140,000 against AUD 737,000 a year ago. Loss for the period was AUD 166,000 or 0.03 diluted cents per share against profit of AUD 525,000 or 0.85 diluted cents per share a year ago. Net cash used in operating activities was AUD 3,989,000 against AUD 949,000 a year ago. Payment for property, plant and equipment was AUD 34,000 against AUD 152,000 a year ago. Payment for intangible assets was AUD 165,000 against AUD 174,000 a year ago. Net tangible asset backing per ordinary share at 30 June 2016 was 18.47 cents per share compared to 18.66 cents per share.