WAM Global Ltd. ( (AU:WGB) ) has provided an update.
WAM Global Limited reported a decrease in its investment portfolio for March 2025, yet it outperformed the MSCI World Index (AUD). Key contributors to this performance were Genius Sports and Allfunds Group. Genius Sports showed strong earnings driven by increased live betting volumes and price hikes, with a promising outlook for sustained growth. Allfunds Group exceeded financial expectations with significant revenue and EBITDA growth, supported by strong market performance and client inflows. The company announced a fully franked interim dividend of 6.5 cents per share and a special dividend of 4.0 cents per share, indicating a robust financial position and commitment to returning value to shareholders.
More about WAM Global Ltd.
WAM Global Limited is an investment company focused on undervalued growth companies. It operates within the financial sector, primarily dealing with investment portfolios and asset management, aiming to provide compelling growth opportunities for its stakeholders.
YTD Price Performance: 1.79%
Average Trading Volume: 313,132
Technical Sentiment Signal: Strong Sell
See more insights into WGB stock on TipRanks’ Stock Analysis page.