Income Asset Management Group Limited (AU:IAM)
ASX:IAM
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Income Asset Management Group Limited
(Sydney:IAM)
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Rating:43Neutral
Price Target:
AU$0.02
▼(-43.33% Downside)
Action:ReiteratedDate:03/19/26
The score is primarily weighed down by weak financial performance, including ongoing losses and negative cash flows. Technicals are also negative with the price below key moving averages and a negative MACD, partially offset by near-oversold momentum readings. Valuation provides limited support due to a negative P/E and no dividend yield data.
Positive Factors
Revenue Growth
Reported revenue growth of ~22.4% indicates rising fee income for an asset manager. Sustained top-line growth supports scalability and potential operating leverage, giving the firm more runway to address structural costs and work toward profitability without immediate capital raises.
Negative Factors
Persistent Losses & Negative Margins
Consistent negative net income and persistent negative gross, EBIT and EBITDA margins indicate structural unprofitability. Such margin weakness undermines capital accumulation, complicates reinvestment, and suggests cost or pricing issues that require business-model or product changes to resolve.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
Reported revenue growth of ~22.4% indicates rising fee income for an asset manager. Sustained top-line growth supports scalability and potential operating leverage, giving the firm more runway to address structural costs and work toward profitability without immediate capital raises.
Read all positive factors
Income Asset Management Group Limited (IAM) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$16.76M
Dividend YieldN/A
Average Volume (3M)385.85K
Price to Earnings (P/E)―
Beta (1Y)0.69
Revenue Growth22.38%
EPS Growth67.92%
CountryAU
Employees30
SectorFinancial
Sector Strength70
IndustryAsset Management - Income
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding930,870,850
10 Day Avg. Volume398,517
30 Day Avg. Volume385,850
Financial Highlights & Ratios
PEG Ratio0.06
Price to Book (P/B)3.67
Price to Sales (P/S)1.32
P/FCF Ratio-5.06
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$0.07Price Target Upside133.33% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)<0.01
Revenue Forecast (FY)AU$22.80M
Income Asset Management Group Limited Business Overview & Revenue Model
Company Description
Income Asset Management Group Limited (IAM) is a financial services firm specializing in asset management and investment strategies tailored for individual and institutional clients. The company operates primarily in the asset management sector, o...
How the Company Makes Money
null...
Income Asset Management Group Limited Financial Statement Overview
Summary
Income Statement
20
Very Negative
Balance Sheet
35
Negative
Cash Flow
25
Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 18.22M | 17.15M | 14.02M | 13.86M | 7.19M | 3.35M |
| Gross Profit | 5.94M | -54.97K | 6.29M | 9.94M | 1.40M | -11.31M |
| EBITDA | -3.48M | -2.75M | -6.77M | -2.21M | -9.65M | -14.44M |
| Net Income | -4.65M | -5.50M | -14.47M | -6.26M | -11.59M | -15.29M |
Balance Sheet | ||||||
| Total Assets | 8.83M | 10.45M | 9.36M | 22.34M | 18.39M | 18.48M |
| Cash, Cash Equivalents and Short-Term Investments | 4.09M | 7.24M | 5.29M | 9.28M | 2.93M | 7.22M |
| Total Debt | 7.37M | 1.12M | 10.66M | 8.48M | 4.80M | 3.94M |
| Total Liabilities | 7.68M | 4.26M | 14.63M | 13.51M | 7.01M | 6.66M |
| Stockholders Equity | 1.14M | 6.19M | -5.28M | 8.83M | 11.38M | 11.83M |
Cash Flow | ||||||
| Free Cash Flow | -1.95M | -4.49M | -7.26M | -1.31M | -7.25M | -7.50M |
| Operating Cash Flow | -1.90M | -4.39M | -7.19M | -1.23M | -7.10M | -7.38M |
| Investing Cash Flow | -205.77K | -583.52K | -468.25K | 3.00M | -3.66M | -721.41K |
| Financing Cash Flow | 1.27M | 6.21M | 3.22M | 4.54M | 7.60M | 9.90M |
Income Asset Management Group Limited Technical Analysis
Negative
0.03
Price Trends
0.02
Negative
0.03
Negative
0.03
Negative
Market Momentum
>-0.01
Positive
27.12
Positive
12.17
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:IAM, the sentiment is Negative. The current price of 0.03 is above the 20-day moving average (MA) of 0.02, above the 50-day MA of 0.02, and below the 200-day MA of 0.03, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 27.12 is Positive, neither overbought nor oversold. The STOCH value of 12.17 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:IAM.
Income Asset Management Group Limited Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
55 Neutral | AU$46.20M | 5.00 | 11.37% | 5.00% | 16.64% | 19.30% | |
54 Neutral | AU$9.79M | 18.32 | 1.01% | 3.50% | -50.00% | -52.07% | |
53 Neutral | AU$26.79M | 46.88 | 4.11% | 2.03% | 18.17% | ― | |
51 Neutral | AU$29.70M | 20.55 | 1.13% | ― | -7.19% | ― | |
43 Neutral | AU$16.76M | -2.62 | -126.93% | ― | 22.38% | 67.92% |
* Financial Sector Average
AU:IAM
Income Asset Management Group Limited
0.02
>-0.01
-21.74%
AU:IPC
Imperial Pacific Limited
1.80
0.19
11.80%
AU:CIW
Clime Investment Management Ltd
0.33
>-0.01
-2.40%
AU:BBC
BNK Banking Corporation Limited
0.25
-0.01
-3.85%
AU:WTL
WT Financial Group Ltd.
0.14
0.01
9.76%
Income Asset Management Group Limited Corporate Events
Income Asset Management Releases Interim Report for Half-Year to December 2025
Feb 27, 2026
Income Asset Management Group has released its interim report for the period 1 July to 31 December 2025, outlining its financial performance, trading update, and operating results for the first half of FY26. The report details the group’s st...
Income Asset Management Appoints New Company Secretary to Strengthen Governance
Feb 5, 2026
Income Asset Management Group Limited has appointed experienced corporate lawyer Alexandra Coleman as its new Company Secretary, effective 6 February 2026, succeeding Vanessa Chidrawi, who has held the role since December 2020. Coleman, who brings...
Income Asset Management Settles Long-Running BGC Dispute and Secures Back-Up Liquidity
Feb 3, 2026
Income Asset Management Group has reached a mediated commercial settlement with BGC to resolve all disputes arising from the 2020 hiring of five former BGC employees, now senior members of IAM’s management team. Under the agreement, IAM will...
Income Asset Management Posts Quarterly Loss as Fraud Costs Exceed $3.5m
Jan 30, 2026
Income Asset Management Group reported Q2 FY2026 operating revenue of $3.8 million, excluding a further $1 million in contracted revenue awaiting regulatory approval, with an unaudited normalised EBITDA loss of $0.9 million and a normalised net op...
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.