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WAM Research Ltd. Reports Robust Financial Growth for H1 2024

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WAM Research Ltd. ( (AU:WAX) ) has issued an update.

WAM Research Ltd. has reported significant financial growth for the half year ending December 31, 2024. The company’s revenue from ordinary activities increased by 84.2%, while the net profit after tax rose by 75.0% compared to the previous year. The company announced an interim dividend of 5.0 cents per share, partially franked at 60%, with a dividend reinvestment plan in operation. This reflects the company’s strong market positioning and commitment to delivering shareholder value.

More about WAM Research Ltd.

WAM Research Ltd. operates in the financial services industry, focusing on investment management. The company primarily offers investment products and services, with a market emphasis on providing returns to shareholders through strategic investment decisions.

YTD Price Performance: 5.17%

Average Trading Volume: 130,961

Technical Sentiment Consensus Rating: Sell

Learn more about WAX stock on TipRanks’ Stock Analysis page.

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