tiprankstipranks
Trending News
More News >
Income Asset Management Group Limited (AU:IAM)
:IAM
Advertisement

Income Asset Management Group Limited (IAM) AI Stock Analysis

Compare
2 Followers

Top Page

AU:IAM

Income Asset Management Group Limited

(Frankfurt:IAM)

Select Model
Select Model
Select Model
Neutral 41 (OpenAI - 4o)
Rating:41Neutral
Price Target:
AU$0.00
▼(-100.00% Downside)
The overall stock score reflects significant financial challenges, with persistent losses and negative cash flows being the most impactful factors. Technical analysis indicates bearish momentum, and valuation metrics are unattractive due to negative earnings and lack of dividends. The absence of earnings call and corporate events data limits further insights.

Income Asset Management Group Limited (IAM) vs. iShares MSCI Australia ETF (EWA)

Income Asset Management Group Limited Business Overview & Revenue Model

Company DescriptionIncome 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, offering a range of services including portfolio management, financial advisory, and investment research. IAM focuses on maximizing returns while managing risk, utilizing both traditional and alternative investment vehicles to cater to diverse client needs.
How the Company Makes MoneyIAM generates revenue through multiple streams, primarily by charging management fees based on the assets under management (AUM) for its investment funds. Additionally, the company earns performance fees on funds that exceed specific investment benchmarks, providing an incentive to achieve higher returns for clients. IAM also engages in financial advisory services, charging fees for consultations and tailored investment strategies. Strategic partnerships with financial institutions and technology providers enhance IAM's service offerings and expand its client base, further contributing to its revenue growth.

Income Asset Management Group Limited Financial Statement Overview

Summary
Income Asset Management Group Limited faces significant financial challenges, with persistent losses and negative cash flows. While the balance sheet shows some stability in terms of leverage, the company's inability to generate profits and positive cash flows poses a risk to its financial health. The company needs to address its operational inefficiencies and improve profitability to enhance its financial position.
Income Statement
20
Very Negative
The company has consistently reported negative net income and margins over the years, indicating ongoing profitability challenges. Despite a modest revenue growth rate of 7.42% in the most recent year, the gross profit margin turned negative, reflecting inefficiencies in cost management. The EBIT and EBITDA margins remain negative, further highlighting operational difficulties.
Balance Sheet
35
Negative
The balance sheet shows a relatively low debt-to-equity ratio of 0.18, suggesting manageable leverage. However, the negative return on equity indicates that the company is not generating sufficient returns on shareholder investments. The equity ratio of 59.23% suggests a stable capital structure, but the negative equity in previous years raises concerns about financial stability.
Cash Flow
25
Negative
The company has experienced negative operating and free cash flows, indicating cash management issues. The free cash flow growth rate is negative, and the operating cash flow to net income ratio is also negative, suggesting inefficiencies in converting income into cash. The free cash flow to net income ratio is slightly above 1, indicating some ability to cover net losses with free cash flow.
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue17.15M17.15M14.02M13.86M7.19M3.35M
Gross Profit-54.97K-54.97K6.29M9.94M1.40M-11.31M
EBITDA-2.75M-2.75M-6.77M-2.21M-9.65M-14.44M
Net Income-5.50M-5.50M-14.47M-6.26M-11.59M-15.29M
Balance Sheet
Total Assets10.45M10.45M9.36M22.34M18.39M18.48M
Cash, Cash Equivalents and Short-Term Investments7.24M7.24M5.29M9.28M2.93M7.22M
Total Debt1.12M1.12M10.66M8.48M4.80M3.94M
Total Liabilities4.26M4.26M14.63M13.51M7.01M6.66M
Stockholders Equity6.19M6.19M-5.28M8.83M11.38M11.83M
Cash Flow
Free Cash Flow-4.49M-4.49M-7.26M-1.31M-7.25M-7.50M
Operating Cash Flow-4.39M-4.39M-7.19M-1.23M-7.10M-7.38M
Investing Cash Flow-583.52K-583.52K-468.25K3.00M-3.66M-721.41K
Financing Cash Flow6.21M6.21M3.22M4.54M7.60M9.90M

Income Asset Management Group Limited Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.03
Price Trends
50DMA
0.04
Negative
100DMA
0.03
Negative
200DMA
0.03
Negative
Market Momentum
MACD
>-0.01
Negative
RSI
41.26
Neutral
STOCH
50.00
Neutral
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 below the 20-day moving average (MA) of 0.03, below the 50-day MA of 0.04, and below the 200-day MA of 0.03, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 41.26 is Neutral, neither overbought nor oversold. The STOCH value of 50.00 is Neutral, 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

Overall Rating
UnderperformOutperform
Sector (68)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
68
Neutral
AU$51.33M11.0315.13%5.00%16.64%19.30%
68
Neutral
$18.00B11.429.92%3.81%9.73%1.22%
54
Neutral
AU$9.31M50.431.82%4.00%-50.00%-52.07%
51
Neutral
AU$33.09M58.822.42%1.92%18.17%
45
Neutral
AU$35.63M27.781.06%-7.19%
41
Neutral
AU$27.00M-3959.24%22.38%67.92%
* Financial Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:IAM
Income Asset Management Group Limited
0.03
0.00
0.00%
AU:IPC
Imperial Pacific Limited
1.75
0.36
25.90%
AU:CIW
Clime Investment Management Ltd
0.39
0.05
14.71%
AU:BBC
BNK Banking Corporation Limited
0.31
-0.01
-3.13%
AU:WTL
WT Financial Group Ltd.
0.14
0.05
55.56%

Income Asset Management Group Limited Corporate Events

Director Change at Income Asset Management Group
Oct 10, 2025

Income Asset Management Group Limited announced the cessation of Craig Swanger as a director, effective October 9, 2025. Swanger held significant interests in the company, including 2,330,000 fully paid ordinary shares as a registered holder and an additional 1,156,626 shares through a trust. This change in directorship may impact the company’s governance and strategic direction, influencing stakeholder confidence and market perception.

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.

IAM Announces Resignation of Non-Executive Director
Oct 9, 2025

Income Asset Management Group Limited announced the resignation of Non-Executive Director Craig Swanger from its board, effective immediately. Swanger, who joined the board in 2019 and transitioned to a non-executive role in 2024, is thanked for his contributions. This change in the board’s composition may impact the company’s strategic direction and stakeholder relations.

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 Announces 2025 AGM Details
Oct 7, 2025

Income Asset Management Group Limited has announced its Annual General Meeting (AGM) for shareholders, scheduled for November 12, 2025, in Melbourne. The meeting will cover the company’s financial statements and reports for the fiscal year ending June 30, 2025. This announcement is part of the company’s ongoing efforts to engage with its stakeholders and provide transparency regarding its financial performance and strategic direction.

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 Resumes Trading Amid Fraud Investigation
Sep 22, 2025

Income Asset Management Group Limited has announced the resumption of its trading on the Australian Securities Exchange following an investigation into fraudulent transfers amounting to approximately A$1.5 million. These funds, which were not client assets, were transferred to a former employee’s account. The company has taken legal actions and notified relevant authorities to address the issue. Despite the incident, IAM assures stakeholders of its continued operational capability and commitment to safeguarding client assets, with no impact on its bond administration and custody arrangements.

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 Identifies Suspected Fraudulent Transfers
Sep 19, 2025

Income Asset Management Group Limited has identified suspected fraudulent transfers from a bank account managed by its former minority sub-custodian. These transfers did not involve client funds or assets, and the company has taken steps to notify insurers and maintain operations without disruption. The company has moved its bond administration to Perpetual Corporate Trust and is committed to transparency with stakeholders as investigations continue.

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.

IAM Requests Trading Halt Amid Account Discrepancies
Sep 18, 2025

Income Asset Management Group Limited has requested a trading halt on its securities pending an announcement related to a review of account reconciliations. This action follows the detection of material discrepancies in the company’s accounts, which could have significant implications for its financial reporting and stakeholder confidence.

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 Group Releases 2025 Corporate Governance Statement
Aug 28, 2025

Income Asset Management Group Limited has released its corporate governance statement for the financial year ending June 30, 2025, in compliance with ASX Listing Rules. The statement, which is available on the company’s website, outlines the extent to which the company has adhered to the ASX Corporate Governance Council’s recommendations. This disclosure is crucial for maintaining transparency and accountability, impacting the company’s operations by ensuring adherence to governance standards, which is significant for stakeholders and investors.

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 Group Reports Improved Financial Performance for 2025
Aug 28, 2025

Income Asset Management Group Limited reported a significant improvement in its financial performance for the year ended June 30, 2025. Revenues increased by 22%, while the loss from ordinary activities after tax attributable to members decreased by 62%. Despite the improved financial results, the company did not declare or pay any dividends during the reporting period. The net tangible asset backing per ordinary security improved from negative to positive, indicating a stronger financial position.

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.

IAM Announces Board Changes to Drive Growth and Governance
Aug 18, 2025

Income Asset Management Group Limited announced the retirement of directors John Nantes and Craig Swanger, effective after the upcoming Annual General Meeting in November 2025. James Simpson is set to join as a non-executive director, and Jon Lechte will become Managing Director, aligning with the company’s governance enhancement and board renewal strategy. The reorganization aims to accelerate growth and maximize shareholder value, with Danielle Press assuming the role of Chair. These changes are expected to strengthen IAM’s position in the Australian income asset market, which is poised for significant growth.

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.

IAM Sells Term Deposit Business to Perpetual Corporate Trust
Jul 30, 2025

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
Jul 24, 2025

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.

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: Oct 18, 2025