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.)
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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 |
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Expected To Trade: |
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Status:
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TBA |
Quiet Period Expiration Date: |
Available only to Subscribers |
Lock-Up Period Expiration Date: |
Available only to Subscribers |
SCOOP Rating |
Available only to Subscribers |
Rating Change |
Available only to Subscribers |