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Contango Asset Management Ltd.
(Sydney:APL)
Contango Asset Management Ltd. (APL) vs. iShares MSCI Australia ETF (EWA)
Contango Asset Management Ltd. Business Overview & Revenue Model
Contango Asset Management Ltd. Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 6.88M | 6.66M | 6.03M | 5.66M | 6.21M | 5.54M |
| Gross Profit | 6.08M | 6.50M | 5.08M | 3.85M | 4.32M | 3.94M |
| EBITDA | 30.00K | -42.00K | -421.00K | -1.75M | -425.00K | -757.00K |
| Net Income | -171.00K | -171.00K | -798.00K | -1.99M | -642.00K | -800.00K |
Balance Sheet | ||||||
| Total Assets | 12.58M | 12.58M | 12.71M | 13.09M | 13.21M | 13.86M |
| Cash, Cash Equivalents and Short-Term Investments | 4.84M | 4.84M | 4.18M | 4.05M | 6.59M | 5.53M |
| Total Debt | 1.93M | 1.93M | 1.74M | 1.95M | 1.62M | 1.64M |
| Total Liabilities | 4.92M | 4.92M | 4.99M | 6.01M | 4.31M | 4.48M |
| Stockholders Equity | 7.67M | 7.67M | 7.72M | 7.08M | 8.90M | 9.37M |
Cash Flow | ||||||
| Free Cash Flow | 882.00K | 882.00K | -495.00K | -2.17M | -833.00K | -312.00K |
| Operating Cash Flow | 885.00K | 885.00K | -489.00K | -2.16M | -824.00K | -307.00K |
| Investing Cash Flow | -226.00K | -226.00K | -607.00K | -307.00K | 1.82M | 1.82M |
| Financing Cash Flow | 0.00 | 0.00 | 1.23M | -71.00K | 76.00K | 70.00K |
Contango Asset Management Ltd. Technical Analysis
Contango Asset Management Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | AU$75.78M | 10.62 | 32.22% | 6.39% | 22.67% | 19.47% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
58 Neutral | AU$104.79M | 24.55 | 2.66% | 1.96% | 40.89% | 175.00% | |
55 Neutral | AU$11.51M | -66.67 | -2.22% | ― | 15.52% | 79.73% | |
53 Neutral | AU$30.12M | 53.68 | 2.42% | 2.03% | 18.17% | ― | |
46 Neutral | AU$92.79M | -27.69 | -15.05% | ― | ― | 76.36% |
Contango Asset Management Ltd. Corporate Events
Associate Global Partners Limited has disclosed a change in director Nerida Campbell’s indirect interests, with an increase of 257 units in the WCM Quality Global Growth Fund – Active ETF via the fund’s dividend reinvestment plan. Following the transaction, Campbell’s indirect holdings now comprise 320,074 ordinary shares in the company and 22,231 units in the ETF, signalling routine portfolio adjustment through reinvested distributions rather than strategic on-market trading, with no changes reported in any related contracts or dealings during a closed period.
The most recent analyst rating on (AU:APL) stock is a Hold with a A$0.20 price target. To see the full list of analyst forecasts on Contango Asset Management Ltd. stock, see the AU:APL Stock Forecast page.
Associate Global Partners has disclosed a change in director Jason Craig Billings’ indirect interests, following the issue of additional units in the WCM Quality Global Growth Fund – Active ETF to his superannuation entity under the fund’s dividend reinvestment plan. Through Jasbaat Super Pty Ltd as trustee for his superannuation account, Billings’ holding in the ETF increased by 229 units across October 2025 and January 2026, taking his total ETF units to 10,100 while his 1,006,432 fully paid ordinary shares in the company remain unchanged, signalling a modest reinvestment-driven uplift in his exposure to the firm’s managed products rather than a strategic shareholding move.
The most recent analyst rating on (AU:APL) stock is a Hold with a A$0.20 price target. To see the full list of analyst forecasts on Contango Asset Management Ltd. stock, see the AU:APL Stock Forecast page.
Associate Global Partners Limited has disclosed a change in director Brett Peter Cairns’ indirect interests, stemming from his roles as director, shareholder and beneficiary in various Euclid Pty Limited–related entities that hold securities and units in funds managed by the group’s subsidiary. Cairns’ indirect holding in the WCM Quality Global Growth Fund Active ETF increased modestly from 9,983 to 10,100 units through the fund’s dividend reinvestment plan, with no change to his substantial ordinary shareholding in the company; the notice signals ongoing alignment between the director’s personal investments and the firm’s managed products but does not indicate any broader strategic or operational shift for the business.
The most recent analyst rating on (AU:APL) stock is a Hold with a A$0.20 price target. To see the full list of analyst forecasts on Contango Asset Management Ltd. stock, see the AU:APL Stock Forecast page.
Associate Global Partners Limited announced a recent adjustment in the shareholding interests of its director, Brett Peter Cairns. This change reflects an on-market purchase of additional fully paid ordinary shares, enhancing the director’s overall stake in the company and potentially signaling confidence in its growth and performance trajectory.
The most recent analyst rating on (AU:APL) stock is a Hold with a A$0.15 price target. To see the full list of analyst forecasts on Contango Asset Management Ltd. stock, see the AU:APL Stock Forecast page.
Associate Global Partners Limited announced a change in the director’s interest notice, indicating that Martin Francis Switzer has converted 100,000 performance rights into an equivalent number of fully paid ordinary shares. This change reflects an increase in Switzer’s direct holdings in the company, which may impact the company’s governance and shareholder dynamics.
The most recent analyst rating on (AU:APL) stock is a Hold with a A$0.15 price target. To see the full list of analyst forecasts on Contango Asset Management Ltd. stock, see the AU:APL Stock Forecast page.
Associate Global Partners Limited, operating under the ASX ticker APL, has announced that the Australian Securities Exchange (ASX) has lifted the requirement for the company to submit quarterly cash flow and activities reports. This decision comes after APL achieved four consecutive quarters of positive net operating cash flows, indicating a stable financial performance. The company’s positive cash flow trend, with notable figures in the last three quarters of FY25 and the first quarter of FY26, reflects its strong operational efficiency and financial health, potentially enhancing its market credibility and investor confidence.
The most recent analyst rating on (AU:APL) stock is a Hold with a A$0.15 price target. To see the full list of analyst forecasts on Contango Asset Management Ltd. stock, see the AU:APL Stock Forecast page.
Contango Asset Management Ltd., operating under the name Associate Global Partners Limited, has announced a change in the director’s interest notice. Brett Peter Cairns, a director of the company, has increased his indirect interest in the company’s ordinary shares through an on-market purchase of 537 fully paid ordinary shares at a price of $0.1550 per share. This change reflects a slight increase in his holdings, potentially indicating confidence in the company’s future performance.
Associate Global Partners Limited, a company listed on the ASX, announced the conversion of 100,000 performance rights held by Mr. Switzer into fully paid ordinary shares. This conversion was executed without requiring disclosure to investors under specific provisions of the Corporations Act, indicating compliance with regular reporting and disclosure obligations. The announcement reflects the company’s adherence to regulatory requirements and may impact its market positioning by increasing the number of shares in circulation.
Associate Global Partners Limited has announced the issuance of 100,000 fully paid ordinary securities to be quoted on the Australian Securities Exchange (ASX) under the code APL. This move signifies the company’s efforts to expand its market presence and enhance liquidity, potentially impacting its stakeholders by increasing the availability of its shares for trading.
Associate Global Partners Limited, a company involved in asset management, announced a change in the director’s interest in securities. Brett Peter Cairns, a director, acquired 200,000 fully paid ordinary shares through an on-market purchase, increasing his indirect holdings in the company. This change reflects a significant investment by the director, potentially indicating confidence in the company’s future performance.
Associate Global Partners Limited has signed a Memorandum of Understanding with Muzinich & Co., a prominent global credit manager, to develop a global private credit fund aimed at providing daily liquidity to investors. This strategic initiative, pending the finalization of an Investment Management Agreement, could enhance the company’s offerings and strengthen its position in the financial services industry by catering to investor demand for flexible credit investment options.
Associate Global Partners Limited has announced a change in the director’s interest notice for Martin Francis Switzer. The company has issued 491,000 new performance rights to Switzer, increasing his total performance rights to 591,000, following shareholder approval at the 2025 AGM. This change reflects the company’s commitment to aligning management incentives with shareholder interests.
Associate Global Partners Limited has announced the issuance of 491,000 unquoted performance rights, which are not intended to be quoted on the ASX. This move is part of a previously announced transaction, indicating a strategic decision to incentivize or reward stakeholders, potentially impacting the company’s operational dynamics and stakeholder engagement.
Associate Global Partners Limited has announced a proposed issue of securities, specifically 491,000 performance rights, set to be issued on November 14, 2025. This move indicates the company’s strategic efforts to enhance its market position and potentially increase shareholder value by aligning management incentives with company performance.
Associate Global Partners Limited, a company listed on the ASX, held its 2025 Annual General Meeting where key resolutions were passed. The meeting resulted in the adoption of the remuneration report, the re-election of non-executive director Mr. Ken Poutakidis, and the approval of performance rights for Mr. Martin Switzer, reflecting strong shareholder support for the company’s strategic direction.
Associate Global Partners Limited (ASX: APL) held its Annual General Meeting, presenting a review of its fiscal year 2025. The presentation highlighted the company’s financial performance, strategic priorities, and partnerships with investment managers. The meeting underscored AGP’s commitment to strengthening its market position and enhancing shareholder value through strategic initiatives.
Associate Global Partners Limited reported significant growth in its funds under management (FUM) and financial performance for FY2025. The company’s FUM increased to $1.397 billion, driven by record net inflows and successful initiatives like the share placement by WCM Global Growth Limited. The launch of new investment products and enhanced distribution policies further strengthened its market position. Financially, the company saw a 14% revenue increase and turned a profit, marking a turnaround from the previous year’s loss. These developments position the company for sustainable growth and continued success in the coming years.