Breakdown | |||||
TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
---|---|---|---|---|---|
Income Statement | Total Revenue | ||||
162.14M | 185.13M | 211.09M | 256.94M | 272.49M | 290.00M | Gross Profit |
80.43M | 106.50M | 202.61M | 244.98M | 259.72M | 274.93M | EBIT |
57.14M | 74.16M | 114.63M | 164.87M | 203.44M | 213.58M | EBITDA |
59.89M | 77.28M | 117.36M | 167.68M | 206.63M | 217.38M | Net Income Common Stockholders |
25.25M | 45.01M | 80.86M | 101.49M | 163.26M | 155.61M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
152.33M | 250.28M | 186.06M | 177.32M | 193.15M | 155.21M | Total Assets |
234.70M | 346.21M | 354.25M | 352.61M | 384.30M | 357.45M | Total Debt |
11.52M | 12.35M | 3.25M | 5.25M | 7.11M | 8.83M | Net Debt |
-90.93M | -108.06M | -82.93M | -82.19M | -136.17M | -96.50M | Total Liabilities |
35.66M | 29.41M | 24.72M | 29.05M | 42.27M | 38.49M | Stockholders Equity |
199.04M | 314.23M | 328.17M | 323.55M | 342.02M | 318.96M |
Cash Flow | Free Cash Flow | ||||
49.20M | 78.08M | 90.23M | 126.51M | 144.47M | 144.91M | Operating Cash Flow |
50.85M | 79.67M | 90.59M | 126.73M | 144.51M | 147.17M | Investing Cash Flow |
75.66M | 51.60M | -171.00K | -42.44M | 36.78M | 3.64M | Financing Cash Flow |
-182.49M | -85.55M | -92.06M | -140.20M | -142.41M | -158.88M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
77 Outperform | €696.40M | 46.44 | 47.73% | 1.95% | 19.11% | 24.72% | |
72 Outperform | AU$315.04M | 18.66 | 30.97% | 4.31% | 12.05% | 23.63% | |
69 Neutral | AU$325.66M | 2.82 | 33.29% | 3.56% | 317.70% | 3248.78% | |
67 Neutral | €324.39M | 12.53 | 9.63% | 10.88% | -20.84% | -67.39% | |
64 Neutral | $12.85B | 9.81 | 7.59% | 16985.65% | 12.30% | -7.71% | |
57 Neutral | AU$285.66M | ― | -4.99% | 9.04% | 4.56% | 35.07% | |
44 Neutral | AU$251.93M | ― | -2.32% | ― | -67.43% | -131.40% |
Platinum Asset Management Limited reported a significant decrease in its funds under management (FUM) for May 2025, with a net outflow of approximately $1.6 billion. This decline was influenced by the termination of an institutional mandate worth $958 million, an additional institutional redemption of $360 million, and net outflows from the Platinum Trust Funds. This substantial reduction in FUM may impact the company’s financial performance and its standing in the investment management industry.
The most recent analyst rating on (AU:PTM) stock is a Sell with a A$0.51 price target. To see the full list of analyst forecasts on Platinum Asset Management Ltd stock, see the AU:PTM Stock Forecast page.
Platinum Asset Management Limited announced the issuance of 1,127,820 unquoted equity securities under an employee incentive scheme. This move is part of the company’s strategy to incentivize its workforce, potentially impacting its operational dynamics and reinforcing its position in the asset management sector.
The most recent analyst rating on (AU:PTM) stock is a Hold with a A$0.90 price target. To see the full list of analyst forecasts on Platinum Asset Management Ltd stock, see the AU:PTM Stock Forecast page.
Platinum Asset Management Limited announced a change in the director’s interest, as Rachel Grimes, a director of the company, acquired 50,000 ordinary shares valued at $31,500. This acquisition could signify confidence in the company’s future performance and may impact stakeholders’ perceptions of the company’s stability and growth potential.
Platinum Asset Management Limited has announced a change in the director’s interest for James Simpson, as detailed in the Appendix 3Y notice. This change involves indirect interests held through entities such as Jamplat Pty Ltd and Quinta Investment Management Limited, impacting the number of ordinary shares held by Simpson. The announcement reflects the company’s compliance with ASX listing rules and provides transparency to stakeholders about changes in director interests.
Platinum Asset Management Limited reported a decrease in its funds under management (FUM) from $10,276 million in March 2025 to $9,647 million in April 2025, attributed to lower equity markets and moderated net retail outflows. Additionally, the company announced the termination of an institutional mandate worth approximately $958 million, effective May 9, 2025. This loss in revenue is expected to be counterbalanced by accelerated cost-saving measures planned for the fiscal year 2026.
Platinum Asset Management Ltd has disclosed a significant holding by Mitsubishi UFJ Financial Group, Inc., which now holds a 5.05% voting power in the company. This announcement highlights Mitsubishi UFJ Financial Group’s substantial interest in Platinum Asset Management, potentially impacting the company’s governance and strategic direction.
Platinum Asset Management Ltd has announced that Mitsubishi UFJ Financial Group (MUFG) holds a substantial interest in First Sentier Investors Holdings Pty Limited, which indirectly impacts the voting power and control over certain shares. This development signifies a consolidation of voting power under MUFG, potentially influencing the strategic direction and investment decisions of First Sentier Investors Holdings Pty Limited.
Platinum Asset Management Ltd announced a potential merger with First Maven Pty Ltd, trading as Ll Capital. As part of this development, Kerr Neilson has sold a 9.696% shareholding in Platinum to Ll Capital, marking a significant change in substantial holdings. This move could impact Platinum’s market positioning and shareholder interests.
Platinum Asset Management Limited and L1 Capital Pty Ltd are in preliminary discussions about a potential merger. The independent directors of L1 Long Short Fund Limited have confirmed that this merger will not affect the fund’s strategy or management, ensuring continuity in the investment services provided by L1 Capital.
Platinum Asset Management Limited is in preliminary discussions with L1 Capital regarding a potential merger that could create a combined investment business managing approximately A$18 billion in assets. This merger aims to enhance scale, diversify investment strategies, and achieve cost efficiencies, potentially benefiting shareholders with increased earnings and value. L1 Capital has also acquired a 9.6% shareholding in Platinum, with an option to increase its stake to 19.9% under certain conditions, indicating a significant interest in the partnership.
Mitsubishi UFJ Financial Group, Inc. has ceased to be a substantial holder in Platinum Asset Management Ltd as of April 15, 2025. The change in holdings involved several transactions, including purchases and sales of fully paid ordinary shares by an entity controlled by Morgan Stanley. This shift in shareholding may impact Platinum Asset Management’s market dynamics and stakeholder interests, as it reflects a significant change in the ownership structure.
Platinum Asset Management Ltd has announced a substantial holding in its voting shares by Mitsubishi UFJ Financial Group, Inc., a major financial institution with significant voting power in various associated entities. This development highlights the strategic positioning of Mitsubishi UFJ Financial Group, Inc. in the financial sector, potentially impacting the governance and decision-making processes within Platinum Asset Management Ltd.
Platinum Asset Management Ltd has announced a significant change in its substantial holdings. The company has acquired a substantial interest in voting shares, enhancing its influence within the investment landscape. This development is expected to impact its operations and market positioning, potentially affecting stakeholders and associates involved.
In March 2025, Platinum Asset Management Limited reported a net outflow of approximately $302 million in funds under management, with $252 million of this outflow attributed to the Platinum Trust Funds. This decline in funds under management may impact the company’s financial performance and could influence investor sentiment and market positioning.