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Income Asset Management Group Limited ( (AU:IAM) ) has provided an announcement.
Income Asset Management Group Limited reported a net positive operating cash flow of $197k for Q3 FY2025, with a total liquidity buffer of $7m. The company achieved a revenue of $3.7m despite the seasonal slowdown, and successfully transitioned $1.8b of client assets to Perpetual Corporate Trust, reducing costs by approximately $2.5m. The total assets under advice reached $3.92bn, with a notable increase in client accounts and funds under advice. The company anticipates a strong Q4 FY2025, driven by robust performance in its Debt Capital Markets business.
More about Income Asset Management Group Limited
Income Asset Management Group Limited operates in the financial services industry, focusing on asset management with a specialization in bonds and loans. The company provides financial advisory services and manages a significant amount of funds under advice, catering to a diverse client base.
YTD Price Performance: -45.00%
Technical Sentiment Signal: Buy
Current Market Cap: €10.96M
See more data about IAM stock on TipRanks’ Stock Analysis page.