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Income Asset Management Group Limited
(Sydney:IAM)
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Rating:44Neutral
Price Target:
AU$0.02
▼(-46.67% Downside)
Action:Reiterated
Date:07/01/26
The score is primarily held down by weak financial performance, driven by persistent losses and negative operating/free cash flow despite modest recent revenue growth. Technicals provide only a small offset (price slightly above shorter moving averages), but the longer-term trend remains weak versus the 200-day average. Valuation is also pressured by a negative P/E and no provided dividend yield support.
Positive Factors
Low leverage
A low debt-to-equity ratio (0.18) and 59% equity ratio give the company structural balance sheet flexibility. This reduces financing pressure while losses persist, supports resilience to shocks, and preserves capacity to fund strategic moves without heavy interest burdens over coming months.
Negative Factors
Persistent losses
Ongoing negative gross, EBIT and EBITDA margins show the core business remains unprofitable. Persistent losses erode retained capital, limit reinvestment, and make it harder to self-fund growth or absorb shocks, representing a durable headwind to sustainable profitability.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage
A low debt-to-equity ratio (0.18) and 59% equity ratio give the company structural balance sheet flexibility. This reduces financing pressure while losses persist, supports resilience to shocks, and preserves capacity to fund strategic moves without heavy interest burdens over coming months.
Read all positive factors
Income Asset Management Group Limited (IAM) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$15.82M
Dividend YieldN/A
Average Volume (3M)385.85K
Price to Earnings (P/E)―
Beta (1Y)0.50
Revenue Growth14.09%
EPS Growth78.63%
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 TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.5
Revenue Forecast (FY)AU$26.40M
Income Asset Management Group Limited Business Overview & Revenue Model
Company Description
Income Asset Management Group Limited (IAM.AX) is an Australian financial services firm specializing in providing a comprehensive suite of fixed income investment solutions. These offerings encompass treasury oversight, cash management, bonds, deb...
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
0.02
Negative
0.03
Negative
Market Momentum
>-0.01
Positive
31.11
Neutral
>-0.01
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 above the 200-day MA of 0.03, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 31.11 is Neutral, neither overbought nor oversold. The STOCH value of >-0.01 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 |
|---|---|---|---|---|---|---|---|
72 Outperform | AU$57.56M | 6.40 | 35.99% | 6.39% | 0.11% | 21.50% | |
71 Outperform | AU$991.69M | 25.39 | 9.90% | 2.65% | 11.84% | 26.57% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
53 Neutral | AU$24.71M | 21.90 | 4.11% | 2.03% | 35.83% | ― | |
48 Neutral | AU$15.73M | 54.08 | 2.73% | ― | 14.36% | ― | |
46 Neutral | AU$23.07M | -1.78 | -27.93% | 4.88% | ― | -55.51% | |
44 Neutral | AU$15.82M | -3.40 | -126.93% | ― | 14.09% | 78.63% |
* Financial Sector Average
AU:IAM
Income Asset Management Group Limited
0.02
-0.01
-41.38%
AU:APL
Contango Asset Management Ltd.
0.27
0.16
140.91%
AU:BWF
Blackwall Limited
0.14
-0.14
-50.37%
AU:CIW
Clime Investment Management Ltd
0.30
-0.07
-18.03%
AU:MAM
Microequities Asset Management Group Ltd.
0.45
-0.05
-9.37%
AU:QAL
Qualitas Limited
3.29
-0.23
-6.40%
Income Asset Management Group Limited Corporate Events
Income Asset Management names James Mitchell as new CFO to drive next growth phase
Apr 30, 2026
Income Asset Management Group has appointed James Mitchell as its new Chief Financial Officer, effective 5 May 2026, bringing more than three decades of experience across financial services, hospitality and corporate leadership, including senior r...
Income Asset Management flags pending revenue as losses and litigation costs weigh
Apr 29, 2026
Income Asset Management Group reported operating revenue of $2.9 million for the third quarter of FY2026, excluding a further $2.7 million in contracted revenue awaiting settlement that would lift unaudited year-to-date revenue from $12 million to...
Income Asset Management Recoups $2.05m via Insurance Fraud Settlement
Apr 29, 2026
Income Asset Management Group Limited has secured a $2.05 million insurance settlement linked to losses from fraudulent activity by a former employee, partially recovering funds misappropriated in 2025. The payment, due by 12 May 2026, closes all ...
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.