Australian solutions provider ASG Group has seen revenue rise to $162.7 million for the 2015 financial year, helped in part by a string of Amazon Web Services-related contracts with the NSW government.
The result is a 2.3 percent increase in revenue over the previous year, and a 6.3 percent increase in after-tax profit to $9.5 million.
ASG is notable for cementing $10 million in contracts underpinned by AWS with state government during the year, on the back of the NSW government’s data reform strategy. This includes work with Biosecurity NSW, Department of Transport and the Department of Trade, Investment, Regional Infrastructure and Services (DTIRIS).
ASG's as-a-service strategy saw it go as far as selling a data centre located in Bentley in Perth for $11.7 million, a move it says resulted in a 30 percent reduction in its cost of data centre services. The costs reduction was proof ASG made the “right decision at the right time”, stated chairman Ian Campbell.
Campbell said market conditions had been difficult and there had been a "volatile economic environment."
While revenue and profit were up, earnings before interest, tax, depreciation and amortisation were down slightly from $22 million to $20.2 million.
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