tiprankstipranks
Trending News
More News >
Contango Asset Management Ltd. (AU:APL)
ASX:APL
Australian Market

Contango Asset Management Ltd. (APL) AI Stock Analysis

Compare
0 Followers

Top Page

AU:APL

Contango Asset Management Ltd.

(Sydney:APL)

Select Model
Select Model
Select Model
Neutral 55 (OpenAI - 5.2)
Rating:55Neutral
Price Target:
AU$0.18
▼(-0.56% Downside)
The score is driven primarily by improving financial performance (stronger revenue/gross profitability and positive operating/free cash flow in 2025) and supportive trend signals (price above major moving averages with positive MACD). These positives are tempered by continued net losses/negative ROE and an elevated RSI (~75), while valuation remains a headwind due to negative earnings and no provided dividend yield.
Positive Factors
Revenue Growth
The improvement in revenue and gross profit indicates a positive trend in the company's ability to generate sales, which is crucial for long-term growth and market competitiveness.
Stable Balance Sheet
A stable balance sheet with manageable leverage suggests financial stability, which is essential for sustaining operations and funding future growth initiatives.
Improved Cash Flow
Improvement in operating cash flow reflects better cash management practices, enhancing the company's ability to meet obligations and invest in growth opportunities.
Negative Factors
Profitability Issues
Ongoing profitability struggles with negative EBIT and net income margins indicate operational inefficiencies, which could hinder long-term financial health and shareholder returns.
Liquidity Constraints
Liquidity constraints can limit the company's ability to invest in growth and respond to market changes, posing a risk to its financial flexibility and stability.
Diminishing Stockholders' Equity
A decline in stockholders' equity suggests potential financial instability, which may impact the company's ability to secure financing and invest in future growth.

Contango Asset Management Ltd. (APL) vs. iShares MSCI Australia ETF (EWA)

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. makes money through management fees charged on the assets they manage for clients. These fees are typically a percentage of the total assets under management (AUM) and can vary based on the investment products and strategies utilized. Additionally, the company may earn performance fees, which are contingent on achieving specific investment returns or benchmarks. Contango may also engage in strategic partnerships with other financial institutions to expand its product offerings and reach more clients, thereby increasing its revenue potential.

Contango Asset Management Ltd. Financial Statement Overview

Summary
Contango Asset Management Ltd. shows mixed financial performance. While revenue and gross profit have improved, negative EBIT and net income margins reflect ongoing profitability struggles. The stable balance sheet is a positive, but liquidity constraints highlight the need for better cash management.
Income Statement
Contango Asset Management Ltd. has shown an improvement in gross profit margin from previous years, but continues to struggle with negative EBIT and net income margins. Revenue has seen moderate growth, but profitability remains a concern due to consistent losses. The company needs to address operational inefficiencies to improve its financial health.
Balance Sheet
The company's balance sheet reflects a stable equity position with a reasonable debt-to-equity ratio, suggesting manageable leverage. However, the diminishing stockholders' equity over the years is a potential risk, and the firm needs to focus on strengthening its equity base to ensure long-term stability.
Cash Flow
Contango's cash flow situation is challenging, with negative free cash flow and operating cash flow indicating liquidity constraints. Despite these challenges, the company improved its operating cash flow in the recent period, signaling some progress in cash management. Continued focus on cash generation is crucial for future sustainability.
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue6.88M6.66M6.03M5.66M6.21M5.54M
Gross Profit6.08M6.50M5.08M3.85M4.32M3.94M
EBITDA30.00K-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 Assets12.58M12.58M12.71M13.09M13.21M13.86M
Cash, Cash Equivalents and Short-Term Investments4.84M4.84M4.18M4.05M6.59M5.53M
Total Debt1.93M1.93M1.74M1.95M1.62M1.64M
Total Liabilities4.92M4.92M4.99M6.01M4.31M4.48M
Stockholders Equity7.67M7.67M7.72M7.08M8.90M9.37M
Cash Flow
Free Cash Flow882.00K882.00K-495.00K-2.17M-833.00K-312.00K
Operating Cash Flow885.00K885.00K-489.00K-2.16M-824.00K-307.00K
Investing Cash Flow-226.00K-226.00K-607.00K-307.00K1.82M1.82M
Financing Cash Flow0.000.001.23M-71.00K76.00K70.00K

Contango Asset Management Ltd. Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price0.18
Price Trends
50DMA
0.16
Positive
100DMA
0.15
Positive
200DMA
0.14
Positive
Market Momentum
MACD
<0.01
Positive
RSI
47.01
Neutral
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 Neutral. The current price of 0.18 is above the 20-day moving average (MA) of 0.18, above the 50-day MA of 0.16, and above the 200-day MA of 0.14, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 47.01 is Neutral, 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 Neutral sentiment for AU:APL.

Contango Asset Management Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (68)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
72
Outperform
AU$79.70M11.1732.22%6.39%22.67%19.47%
68
Neutral
$18.00B11.429.92%3.81%9.73%1.22%
58
Neutral
AU$106.73M25.002.66%1.96%40.89%175.00%
55
Neutral
AU$11.51M-56.67-2.22%15.52%79.73%
53
Neutral
AU$30.94M55.152.42%2.03%18.17%
47
Neutral
AU$67.02M-20.00-15.05%76.36%
* Financial Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:APL
Contango Asset Management Ltd.
0.17
0.02
13.33%
AU:CIW
Clime Investment Management Ltd
0.38
0.03
9.20%
AU:MAM
Microequities Asset Management Group Ltd.
0.60
0.08
15.38%
AU:ARA
Ariadne Australia Limited
0.54
0.05
10.20%
AU:SHN
Sunshine Gold Ltd
0.03
0.02
160.00%

Contango Asset Management Ltd. Corporate Events

Director of Associate Global Partners Limited Increases Shareholding
Dec 18, 2025

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.

Director’s Interest Update at Associate Global Partners
Dec 1, 2025

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.

APL Gains ASX Relief from Quarterly Reporting
Nov 28, 2025

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.

Director Increases Stake in Contango Asset Management
Nov 26, 2025

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 Converts Performance Rights to Shares
Nov 25, 2025

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 Announces New Securities Issuance
Nov 25, 2025

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.

Director Increases Stake in Associate Global Partners
Nov 25, 2025

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 Collaborates with Muzinich & Co. for New Credit Fund
Nov 18, 2025

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 Updates Director’s Interest
Nov 17, 2025

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 Issues Unquoted Performance Rights
Nov 14, 2025

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 Announces Proposed Securities Issue
Nov 13, 2025

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 2025 AGM Results
Nov 10, 2025

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 Reviews FY25 Performance and Strategic Priorities
Nov 10, 2025

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 Reports Strong FY2025 Growth and Profit Turnaround
Nov 10, 2025

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.

Associate Global Partners Reports Strong Q3 Performance with Increased FUM
Oct 29, 2025

Associate Global Partners Limited, operating in the asset management industry, reported a significant increase in funds under management (FUM) by 4.6% to $1.464 billion for the quarter ending September 2025, driven by net inflows and strong fund performance. The company’s WCM Large Cap strategy notably outperformed its benchmark, contributing to the positive financial results. The company’s strategic marketing and distribution efforts have also played a crucial role in achieving these results, highlighting its strong market positioning and potential positive implications for stakeholders.

Director’s Interest Update at Associate Global Partners
Oct 27, 2025

Associate Global Partners Limited has announced a change in the director’s interest notice involving Brett Peter Cairns. The change pertains to the acquisition of 112 units in the WCM Quality Global Growth Fund – Active ETF through the Dividend Reinvestment Plan, reflecting a minor adjustment in the director’s indirect holdings.

Associate Global Partners Limited Announces 2025 Annual General Meeting
Oct 8, 2025

Associate Global Partners Limited has announced its 2025 Annual General Meeting, scheduled for November 10, 2025, at its Sydney office. Key agenda items include reviewing the financial statements, adopting the remuneration report, re-electing a non-executive director, and issuing performance rights. Shareholders are encouraged to review the meeting notice and explanatory statement, available electronically, and to vote on resolutions either online or via proxy.

Associate Global Partners Limited Reports Strong Growth and Profitability in FY2025
Oct 8, 2025

Associate Global Partners Limited reported significant growth for the fiscal year ending June 30, 2025, with funds under management (FUM) increasing to $1.397 billion, driven by record net inflows and strategic initiatives. The company achieved a net profit after tax of $242,000 in the second half of FY2025, marking a turnaround from the previous year’s loss, and is well-positioned for sustainable growth with an expanded product suite and strengthened financial performance.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

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.Date of analysis: Jan 04, 2026