Unisys Australia continued to suffer financially during 2020 financial year with another net loss and a revenue decline.
Unisys Australia has reported its financial results suffered another blow during the 2020 financial year, with the company blaming it on the COVID-19 pandemic. For the period to 31 December 2020, the company reported a net loss after tax of AU$7.86 million, a further decline from the AU$3.27 million loss that was recorded during the 2019 financial year. „The impact from the rapidly changing market and economic conditions due to the COVID-19 outbreak is uncertain, disrupting the business of our customers and partners, and has impacted our business and consolidated results of operations and could impact our financial condition in the future,“ the company said. Total revenue declined by 7% from the prior year to AU$216 million. While services supplied to customers still made up a majority of total revenue coming in at AU$203.
