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Clime Investment Management Ltd ( (AU:CIW) ) has provided an update.
Clime Investment Management Limited reported a significant improvement in its financial performance for FY25, achieving a pretax and amortisation profit of $2.1 million, marking a $5 million increase from the previous year. The company declared a final dividend of 0.5 cents per share, indicating a return to profitability and dividend payments. The positive financial results were influenced by restructuring efforts following the divestment of Madison Financial and strategic revaluation of assets. Looking ahead, Clime aims to expand its funds and advisory offerings, enhance client experience through technology, and increase operating margins, positioning itself as a multi-asset, client-focused manager.
The most recent analyst rating on (AU:CIW) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Clime Investment Management Ltd stock, see the AU:CIW Stock Forecast page.
More about Clime Investment Management Ltd
Clime Investment Management Limited operates in the financial services industry, focusing on funds management and wealth advisory services. The company targets a substantial market with approximately $1.7 billion under advice, management, and direction, leveraging its core funds management heritage and recognized branding.
Average Trading Volume: 11,425
Technical Sentiment Signal: Buy
Current Market Cap: A$30.07M
For an in-depth examination of CIW stock, go to TipRanks’ Overview page.