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Contango Asset Management Ltd. (AU:APL)
:APL
Australian Market

Contango Asset Management Ltd. (APL) AI Stock Analysis

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AU

Contango Asset Management Ltd.

(Sydney:APL)

45Neutral
Contango Asset Management Ltd. faces significant financial challenges, particularly in profitability and cash flow management, which are reflected in a low financial performance score. The technical indicators and valuation further underscore the stock's current unattractiveness, with bearish trends and a negative P/E ratio. The company must focus on strategic improvements to enhance its financial stability and market perception.

Contango Asset Management Ltd. (APL) vs. S&P 500 (SPY)

Contango Asset Management Ltd. Business Overview & Revenue Model

Company DescriptionAssociate Global Partners Limited is a publicly owned investment manager. It manages large cap, mid cap, small cap, micro cap, and income focused mandates for its institutional clients. The company was formerly known as Contango Asset Management Limited and changed its name to Associate Global Partners Limited in November 2022. Associate Global Partners Limited is based in Sydney, Australia.
How the Company Makes MoneyContango Asset Management Ltd. generates revenue primarily through management fees charged on the assets under management (AUM). These fees are typically a percentage of the total AUM and are collected on an ongoing basis. Additionally, the company may earn performance fees, which are contingent on achieving specific investment return benchmarks or outperforming market indices. Contango's revenue is influenced by the performance of its investment products, market conditions, and its ability to attract and retain investors. Strategic partnerships and alliances within the financial sector can also play a role in expanding its client base and distribution channels, thereby contributing to its revenue growth.

Contango Asset Management Ltd. Financial Statement Overview

Summary
Income Statement
Balance Sheet
Cash Flow
Breakdown
Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income StatementTotal Revenue
5.71M5.66M6.21M5.54M4.73M
Gross Profit
4.76M3.85M4.32M3.94M3.13M
EBIT
-611.00K-1.87M-537.00K-869.00K-1.28M
EBITDA
-421.00K-1.75M-425.00K-757.00K-1.36M
Net Income Common Stockholders
-798.00K-1.99M-642.00K-800.00K-1.16M
Balance SheetCash, Cash Equivalents and Short-Term Investments
4.18M4.05M6.59M5.53M3.94M
Total Assets
12.71M13.09M13.21M13.86M13.34M
Total Debt
1.74M1.95M1.62M1.64M1.25M
Net Debt
-2.44M-2.10M-4.97M-3.88M-2.69M
Total Liabilities
4.99M6.01M4.31M4.48M3.56M
Stockholders Equity
7.72M7.08M8.90M9.37M9.79M
Cash FlowFree Cash Flow
-495.00K-2.17M-833.00K-312.00K-1.25M
Operating Cash Flow
-489.00K-2.16M-824.00K-307.00K-1.23M
Investing Cash Flow
-607.00K-307.00K1.82M1.82M-17.00K
Financing Cash Flow
1.23M-71.00K76.00K70.00K750.00K

Contango Asset Management Ltd. Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.14
Price Trends
50DMA
0.15
Negative
100DMA
0.15
Negative
200DMA
0.15
Negative
Market Momentum
MACD
>-0.01
Positive
RSI
21.43
Positive
STOCH
80.00
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:APL, the sentiment is Negative. The current price of 0.14 is below the 20-day moving average (MA) of 0.15, below the 50-day MA of 0.15, and below the 200-day MA of 0.15, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 21.43 is Positive, neither overbought nor oversold. The STOCH value of 80.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:APL.

Contango Asset Management Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (64)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
AUBKI
72
Outperform
22.234.44%4.69%-4.33%-13.07%
64
Neutral
$12.54B9.797.92%16985.69%12.58%-6.07%
AUAPL
45
Neutral
AU$7.91M-11.26%3.13%35.15%
* Financial Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:APL
Contango Asset Management Ltd.
0.14
0.04
40.00%
DE:NNA
Magellan Financial Group Ltd
4.70
-0.08
-1.67%
DE:PVQ
Perpetual Limited
9.60
-2.71
-22.01%
AFOVF
Australian Foundation Investment Co. Ltd.
5.00
0.00
0.00%
AGVNF
Argo Investments Limited
5.59
0.10
1.82%
AU:BKI
BKI Investment Co. Ltd.
1.68
0.05
3.07%

Contango Asset Management Ltd. Corporate Events

Associate Global Partners Reports Resilient Performance Amid Market Volatility
Apr 22, 2025

Associate Global Partners Limited reported a 4% decline in Funds Under Management (FUM) to $1.650 billion for the quarter ending March 31, 2025, due to weaker global equities markets and market volatility. Despite this, the company achieved positive operating cash inflows for the second consecutive quarter and increased its cash balance to $4.616 million while reducing loan debt. The company’s diversified product suite and strong relationships with advisers and investors helped offset some outflows, highlighting its resilience in a volatile market.

Associate Global Partners Updates Registry Address
Apr 16, 2025

Associate Global Partners Limited, listed on the ASX as APL, has announced a change in the address of its registry office in Sydney. The registry, managed by MUFG Corporate Markets (AU) Limited, has moved to a new location at Liberty Place, Level 41, 161 Castlereagh Street, Sydney, NSW, effective from April 14, 2025. This change is in compliance with ASX Listing Rule 3.15.1, and the telephone numbers and mailing addresses remain unchanged.

Associate Global Partners Limited Announces Cessation of Securities
Apr 14, 2025

Associate Global Partners Limited, a company listed on the Australian Securities Exchange (ASX), announced the cessation of 350,000 performance rights under the ASX security code APLAA. The cessation occurred due to the lapse of conditional rights that were not met or became incapable of being satisfied as of April 11, 2025. This announcement may affect the company’s capital structure and could have implications for stakeholders who were relying on these securities for future performance incentives.

Director Increases Stake in Associate Global Partners
Mar 28, 2025

Associate Global Partners Limited has announced a change in the shareholding interests of its director, Martin Francis Switzer. The director acquired an additional 33,000 ordinary shares through an on-market purchase, increasing his total direct and indirect holdings to 9,671,657 shares. This acquisition reflects a strategic move by the director, potentially indicating confidence in the company’s future performance and aligning his interests more closely with those of the shareholders.

Director’s Increased Stake in Associate Global Partners
Mar 27, 2025

Associate Global Partners Limited announced a change in the interest of its director, Brett Peter Cairns, in the company’s securities. On March 26, 2025, Cairns acquired an additional 184,999 fully paid ordinary shares through an on-market purchase at AUD 0.1500 per share. This acquisition increased his indirect interest in the company, reflecting a strategic move that could influence the company’s stakeholder dynamics and market perception.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.