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WAM Alternative Assets Ltd ( (AU:WMA) ) has shared an update.
WAM Alternative Assets Ltd reported a slight increase in revenue by 1.2% to $11.9 million for the year ending June 30, 2025, compared to the previous year. Despite the revenue growth, the net profit after tax decreased by 1.8% to $6.2 million. The company announced a fully franked final dividend of 3.0 cents per share, with a dividend reinvestment plan in place. The financial results indicate a stable performance in revenue but highlight a decrease in net profit, which may impact investor sentiment and future financial strategies.
More about WAM Alternative Assets Ltd
WAM Alternative Assets Ltd operates in the alternative assets industry, focusing on investment management. The company provides financial services related to alternative investments, catering to a market interested in diversifying their portfolios with non-traditional assets.
Average Trading Volume: 194,312
Technical Sentiment Signal: Strong Buy
See more insights into WMA stock on TipRanks’ Stock Analysis page.