tiprankstipranks
Company Announcements

Microequities Reports Strong Half-Year Financial Performance

Story Highlights
Microequities Reports Strong Half-Year Financial Performance

Discover the Best Stocks and Maximize Your Portfolio:

Microequities Asset Management Group Ltd. ( (AU:MAM) ) has issued an announcement.

Microequities Asset Management Group Limited reported a substantial increase in profit for the half-year ended 31 December 2024, with revenues rising by 7.6% to $6,269,103 and profits surging by 46.4% to $4,722,311. The directors have declared a fully franked interim dividend of 1.9 cents per share, reflecting the company’s strong financial performance and commitment to returning value to shareholders.

More about Microequities Asset Management Group Ltd.

Microequities Asset Management Group Limited operates in the financial services industry, focusing on asset management. The company specializes in managing investment funds and providing financial services to a diverse client base.

YTD Price Performance: 15.38%

Average Trading Volume: 33,191

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: A$78.39M

For detailed information about MAM stock, go to TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1