WAM Microcap Ltd. (AU:WMI) has released an update.
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WAM Microcap Ltd. has reported a robust financial performance for the fiscal year ended June 30, 2024, with a significant 32.7% increase in revenue and profit before tax, and a 30% rise in net profit after tax. Shareholders are set to benefit from a recommended fully franked final dividend of 5.25 cents per share, with the Dividend Reinvestment Plan in place and no discount on the final dividend. The company also reported a healthy increase in net tangible asset backing per share from the previous year.
For further insights into AU:WMI stock, check out TipRanks’ Stock Analysis page.