Ambitions Enterprise Management

General Information
Business:

(Incorporated in the Cayman Islands)

Ambitions Enterprise Management, a Dubai-based tour operator and travel agency, provides travel services in the United Arab Emirates (UAE) as well as in Jordan, Qatar, Bahrain, Kuwait, Saudi Arabia and Oman.

We conduct our business through our subsidiaries in the UAE. In addition to our tour and travel business, we also offer event planning and management services. Here are our two broad business categories: (1) MICE management – MICE is an acronym for meetings, incentives, conferences and exhibitions, and (2) One-stop tourism and travel. 

Note: Net income and revenue are in U.S. dollars for the year that ended Dec. 31, 2024.

(Note: Ambitions Enterprise Management filed its F-1 for its IPO and disclosed the terms – 1.5 million shares at a price range of $4.00 to $5.00 to raise $6.76 million, if priced at teh $4.50 mid-point of its range – according to its SEC filings.) 

Industry: Travel Services & Meeting Management
Employees: 43
Founded: 2006
Contact Information
Address 630 Business Village Block B Port Saeed Deira, Dubai United Arab Emirates
Phone Number +97 142282568
Web Address http://www.huntertourism.net/
View Prospectus: Ambitions Enterprise Management
Financial Information
Market Cap $133.0mil
Revenues $18.54 mil (last 12 months)
Net Income $1.0 mil (last 12 months)
IPO Profile
Symbol AHMA
Exchange NASDAQ
Shares (millions): 1.5
Price range $4.00 - $5.00
Est. $ Volume $6.8 mil
Manager / Joint Managers AC Sunshine Securities/Univest Securities
CO-Managers
Expected To Trade:
Status: TBA
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change