Income Asset Management Group Limited (IAM) AI Stock Analysis

• Market Cap: €37.23M
• Dividend Yield: N/A
• Average Volume (3M): 1.74M
• Price to Earnings (P/E): ―
• Beta (1Y): -0.30
• Revenue Growth: 22.38%
• EPS Growth: 67.92%
• Country: AU
• Employees: 30
• Sector: Financial
• Sector Strength: 70
• Industry: Asset Management - Income
• EPS (TTM): >-0.01
• Shares Outstanding: 930,870,850
• 10 Day Avg. Volume: 471,076
• 30 Day Avg. Volume: 1,738,985
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: €0.07
• Price Target Upside: 78.87% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 48 Neutral
• Price Target: AU$0.00 ▼(-100.00% Downside)

The overall score reflects significant financial challenges and valuation concerns, tempered slightly by neutral technical indicators. The high leverage and declining cash flows are major risks, while technical trends offer moderate optimism.

Income Asset Management Group Limited Business Overview & Revenue Model

Company Description

Income Asset Management Group Limited (IAM) is a financial services company specializing in the management and distribution of income-generating assets. The company operates across various sectors including asset management, treasury services, and fixed income investments. IAM offers a range of financial products and services designed to meet the needs of institutional and retail clients seeking stable and consistent returns through well-structured investment solutions.

How the Company Makes Money

Income Asset Management Group Limited generates revenue through several key streams. The primary source of income is asset management fees, which are charged to clients based on the assets under management (AUM) within their investment portfolios. IAM also earns revenue from advisory services, providing expert guidance and strategic advice to clients on fixed income investments and treasury management. Additionally, the company benefits from distribution fees and commissions by partnering with financial institutions to distribute their investment products. These partnerships enable IAM to expand its reach and client base, thus contributing to its overall earnings.

Income Asset Management Group Limited Financial Statement Overview

Summary

Income Asset Management Group Limited is facing significant financial challenges, marked by declining revenues, high leverage, and deteriorating cash flows. The negative profit margins and high debt levels indicate financial instability.

Income Statement

The company has experienced declining revenues, with a significant drop in the latest year by 17.5%. Gross and net profit margins are negative, indicating a struggle with both revenue generation and cost management. EBIT and EBITDA margins are also deeply negative, highlighting operational inefficiencies.

Balance Sheet

The company is heavily leveraged with a negative stockholders' equity and a high debt-to-equity ratio, indicating financial instability. The equity ratio is negative, suggesting potential solvency issues.

Cash Flow

Operating cash flow to net income ratio is negative, reflecting cash flow challenges. Free cash flow has deteriorated substantially over the years, showing negative growth, which poses a risk to future liquidity and growth potential.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	14.02M	13.86M	7.19M	3.35M	916.63K
Gross Profit	11.43M	9.94M	1.40M	-1.02M	-1.92M
EBITDA	-6.77M	-2.21M	-9.65M	-14.44M	-6.21M
Net Income	-14.47M	-6.26M	-11.59M	-15.29M	-7.35M
Balance Sheet
Total Assets	9.36M	22.34M	18.39M	18.48M	13.12M
Cash, Cash Equivalents and Short-Term Investments	5.29M	9.28M	2.93M	7.05M	4.23M
Total Debt	10.66M	8.16M	4.80M	3.94M	277.33K
Total Liabilities	14.63M	13.51M	7.01M	6.66M	977.60K
Stockholders Equity	-5.28M	8.83M	11.38M	11.83M	12.14M
Cash Flow
Free Cash Flow	-7.26M	-1.31M	-7.25M	-7.50M	-5.55M
Operating Cash Flow	-7.19M	-1.23M	-7.10M	-7.38M	-5.53M
Investing Cash Flow	-468.25K	3.00M	-3.66M	-721.41K	-14.31K
Financing Cash Flow	3.22M	4.54M	7.60M	9.90M	4.63M

Income Asset Management Group Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.04
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:IAM, the sentiment is Positive. The current price of 0.04 is below the 20-day moving average (MA) of 0.04, above the 50-day MA of 0.04, and above the 200-day MA of 0.03, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 46.33 is Neutral, neither overbought nor oversold. The STOCH value of 36.30 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:IAM.

Income Asset Management Group Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
WTL	74 Outperform	AU$51.33M	11.03	―	4.67%	16.64%	19.30%
IPC	65 Neutral	AU$9.31M	50.43	―	4.00%	-50.00%	-52.07%
CIW	51 Neutral	AU$31.20M	59.56	―	0.62%	18.17%	―
IAM	48 Neutral	€37.23M	―	-3959.24%	―	22.38%	67.92%
BBC	45 Neutral	AU$34.44M	26.85	―	―	-7.19%	―
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%

Income Asset Management Group Limited Corporate Events

IAM Sells Term Deposit Business to Perpetual Corporate Trust

Income Asset Management Group Limited has sold its Term Deposit Broking Business to Perpetual Corporate Trust, which will result in significant cost savings and operational efficiencies for IAM. This strategic move allows IAM to focus on its core bond and loan offerings, while benefiting from a strengthened relationship with PCT, which is better equipped to handle the demands of the deposit broking market due to its larger scale and advanced technology platform.

The most recent analyst rating on (AU:IAM) stock is a Buy with a A$0.08 price target. To see the full list of analyst forecasts on Income Asset Management Group Limited stock, see the AU:IAM Stock Forecast page.

Income Asset Management Reports Record Q4 FY2025 Performance

Income Asset Management Group Limited reported its strongest quarter to date with a revenue of $5.4 million for Q4 FY2025, alongside a net positive operating cash flow of $634,000. The company has demonstrated significant growth in its bond and loan funds under advice, which increased by 27% year-over-year to $2.4 billion, and client accounts grew by 23% to 2,640. The completion of a transition to Perpetual Corporate Trust for custody holdings has enhanced its operational capacity, resulting in a 43% increase in trades executed compared to the previous year. The company also successfully executed several major transactions in the debt capital markets, positioning itself strongly for future growth and stakeholder engagement.

The most recent analyst rating on (AU:IAM) stock is a Buy with a A$0.08 price target. To see the full list of analyst forecasts on Income Asset Management Group Limited stock, see the AU:IAM Stock Forecast page.

Income Asset Management Reports Record Revenue and Growth

Income Asset Management Group Limited has achieved $4.05 million in revenue for the quarter to date, surpassing previous quarters and indicating strong growth and performance improvements. The company experienced a record month in May with $2.85 million in revenue, driven by successful debt capital market deals and increased trading activity. IAM’s strategic partnership with Perpetual Custody Trust has facilitated this growth by enabling efficient trade execution without additional resource costs. The company’s funds under advice have grown by 28% since May 2024, reflecting its expanding scale and market influence.

The most recent analyst rating on (AU:IAM) stock is a Buy with a A$0.08 price target. To see the full list of analyst forecasts on Income Asset Management Group Limited stock, see the AU:IAM Stock Forecast page.

Director’s Interest Update at Income Asset Management

The recent announcement from Income Asset Management Group Limited details a change in the director’s interest, specifically involving Craig Swanger. On May 26, 2025, Swanger acquired an additional 1,000,000 fully paid ordinary shares through an on-market trade, increasing his indirect holdings. This change reflects a strategic move that may impact the company’s market positioning and stakeholder interests by signaling confidence in the company’s future performance.

The most recent analyst rating on (AU:IAM) stock is a Buy with a A$0.08 price target. To see the full list of analyst forecasts on Income Asset Management Group Limited stock, see the AU:IAM Stock Forecast page.