WAM Alternative Assets Ltd (WMA) AI Stock Analysis

• Market Cap: N/A
• Dividend Yield: 5.63%
• Average Volume (3M): 176.07K
• Price to Earnings (P/E): 16.9
• Beta (1Y): 0.25
• Revenue Growth: 158.99%
• EPS Growth: 300.00%
• Country: AU
• Employees: N/A
• Sector: Financial
• Sector Strength: 77
• Industry: Asset Management
• EPS (TTM): 0.06
• Shares Outstanding: 196,556,100
• 10 Day Avg. Volume: 179,331
• 30 Day Avg. Volume: 176,069
• PEG Ratio: -0.44
• Price to Book (P/B): 0.84
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 9.14
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 71 Outperform
• Price Target: ―

WAM Alternative Assets Ltd's overall financial performance is solid with high gross margins and no debt, but challenges in cash flow and declining revenue impact its outlook. Technical indicators show moderate momentum, while the stock's reasonable valuation and attractive dividend yield offer a balanced risk-reward profile. Addressing liquidity issues is crucial for future growth.

WAM Alternative Assets Ltd Business Overview & Revenue Model

Company Description

WAM Alternative Assets Ltd (WMA) is a financial services company specializing in alternative investment solutions. The firm focuses on providing innovative investment opportunities across various sectors, including private equity, real estate, infrastructure, and hedge funds. WMA caters to institutional investors, high-net-worth individuals, and family offices, offering them tailored strategies to diversify their portfolios and achieve superior risk-adjusted returns.

How the Company Makes Money

WAM Alternative Assets Ltd generates revenue primarily through management and performance fees associated with the assets under management (AUM). The company charges management fees based on a percentage of the total AUM, which provides a steady income stream. Additionally, WMA earns performance fees, which are a share of the profits generated by the investments, incentivizing the company to maximize returns for its clients. The firm may also collaborate with strategic partners, such as financial institutions and investment funds, to expand its investment offerings and enhance its revenue potential. Other factors contributing to WMA's earnings include its ability to identify lucrative investment opportunities and its expertise in managing complex investment portfolios.

WAM Alternative Assets Ltd Financial Statement Overview

Summary

WAM Alternative Assets Ltd demonstrates strong operational efficiency with high gross profit margins and a solid equity base with no debt. However, the recent decline in revenue and net profit margins, along with negative operating cash flow, suggests potential challenges in sustaining growth and liquidity. The company needs to address these areas to improve overall financial health.

Income Statement

The company's gross profit margin is consistently high, indicating strong profitability from operations. However, there is a noticeable decline in revenue growth and net profit margin compared to previous periods, highlighting a potential challenge in maintaining revenue levels.

Balance Sheet

The company maintains a strong equity position with no debt, reflected in a debt-to-equity ratio of zero. The equity ratio is robust, indicating a stable capital structure. However, the return on equity has shown some variability, which could affect investor returns.

Cash Flow

The operating cash flow has turned negative in the latest period, which raises concerns about the company's ability to generate cash from operations. The free cash flow has also declined significantly. This trend could impact the company's capacity to finance operations and investments without external funding.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
18.67M	11.26M	15.14M	26.59M	26.04M	10.72M
	Gross Profit
17.47M	10.95M	14.45M	24.16M	23.75M	8.00M
	EBIT
14.75M	7.93M	11.71M	23.22M	22.63M	6.46M
	EBITDA
8.16M	7.93M	0.00	0.00	0.00	0.00
	Net Income Common Stockholders
11.13M	6.34M	9.48M	18.05M	18.02M	5.13M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
50.63M	61.03M	78.45M	298.76M	262.33M	57.64M
	Total Assets
284.39M	277.67M	291.48M	301.31M	264.32M	217.44M
	Total Debt
0.00	0.00	0.00	0.00	0.00	0.00
	Net Debt
-50.63M	-61.03M	-78.45M	-64.94M	-51.50M	-54.95M
	Total Liabilities
54.12M	47.25M	58.09M	69.39M	43.32M	6.33M
	Stockholders Equity
230.27M	230.42M	233.39M	231.92M	221.00M	211.11M
Cash Flow		Free Cash Flow
943.34K	-8.11M	21.53M	20.58M	4.67M	40.49M
	Operating Cash Flow
943.34K	-8.11M	21.53M	20.58M	4.67M	40.49M
	Investing Cash Flow
0.00	0.00	0.00	0.00	0.00	40.88M
	Financing Cash Flow
-9.53M	-9.31M	-8.02M	-7.14M	-8.12M	-15.22M

WAM Alternative Assets Ltd Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.96
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:WMA, the sentiment is Neutral. The current price of 0.96 is below the 20-day moving average (MA) of 0.97, above the 50-day MA of 0.96, and below the 200-day MA of 0.96, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 44.17 is Neutral, neither overbought nor oversold. The STOCH value of 21.43 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:WMA.

WAM Alternative Assets Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BKI	72 Outperform		22.76	4.44%	4.52%	-4.33%	-13.07%
WMA	71 Outperform		16.90	4.85%	5.63%	158.99%	300.00%
PIC	69 Neutral		12.55		6.48%	-0.76%	112.07%
ARG	68 Neutral		27.59	3.96%	3.77%	-3.41%	-4.97%
AFI	68 Neutral		30.65	3.68%	3.26%	1.81%	0.50%
Sector *	62 Neutral	AU$9.55B	7.87	10.79%	5.09%	31.14%	38.26%

WAM Alternative Assets Ltd Corporate Events

HUB24 Limited Reduces Stake in WAM Alternative Assets

HUB24 Limited has announced that it has ceased to be a substantial holder in WAM Alternative Assets Ltd as of April 22, 2025. This change in holding reflects a decrease in HUB24’s relevant interest in WAM’s voting securities, which may impact HUB24’s influence over WAM’s strategic decisions and could alter the dynamics of stakeholder relationships within the industry.

WAM Alternative Assets Reports March Portfolio Growth and Strategic Co-Investment

WAM Alternative Assets Ltd reported an increase in its investment portfolio in March, driven by infrastructure assets with long-term, inflation-linked cash flows. The company co-invested with Fortitude Investment Partners in ASF Audits, benefiting from increased regulation and rapid growth in the SMSF sector. This move is expected to enhance ASF Audits’ technological capabilities and support acquisition-led growth, aligning with trends of digitalization and an aging population. The investment portfolio has delivered a 9.2% annual performance since October 2020, offering diversification benefits and reduced volatility compared to public equity markets.

WAM Alternative Assets to Host FY2025 Interim Results Webinar

WAM Alternative Assets Ltd has announced a webinar to discuss its FY2025 interim results and the opportunities within the alternative assets sector. The event will feature key figures from the company, including Geoff Wilson and Nick Kelly, who will provide insights into the investment portfolio and engage in a Q&A session, highlighting the company’s strategic focus and potential impacts on stakeholders.

WAM Alternative Assets Navigates Market Challenges with Strategic Focus

WAM Alternative Assets Ltd reported a decrease in its investment portfolio for February 2025, influenced by the performance of private equity investments. Despite this, the company sees potential opportunities in the Australian private debt market due to emerging stress and evolving market dynamics. Their strategic partnership with Intermediate Capital Group positions them well to manage risks and capitalize on market dislocations, ensuring strong capital availability for quality borrowers. The company declared a fully franked interim dividend of 2.7 cents per share, reflecting its ongoing commitment to delivering steady returns to investors.

WAM Alternative Assets Boosts Dividend Amid Strong Portfolio Growth

WAM Alternative Assets Ltd announced an increase in its fully franked interim dividend to 2.7 cents per share, reflecting strong portfolio performance with a 9.5% annual increase since Wilson Asset Management took over as Investment Manager. The company is well-positioned to benefit from increased mergers and acquisitions activity due to a favorable interest rate environment and high levels of available capital in private markets. The appointment of Nick Kelly as Portfolio Manager is expected to drive further growth, while the company expresses gratitude to Dania Zinurova for her contributions.

WAM Alternative Assets Ltd Reports Robust Half-Year Financial Performance

WAM Alternative Assets Ltd reported a significant increase in its financial performance for the half year ending December 31, 2024, with revenue from ordinary activities rising by 465.4% and profit before tax surging by 2,921.8%. The company announced an interim dividend of 2.7 cents per share, fully franked, and continues to offer a Dividend Reinvestment Plan, allowing shareholders to reinvest dividends into additional shares. This robust financial performance underscores the company’s strong positioning in the alternative investment market and its commitment to delivering value to shareholders.

WAM Alternative Assets Announces New Dividend Distribution

WAM Alternative Assets Ltd has announced a new dividend distribution for its ordinary fully paid securities, with a distribution amount of AUD 0.027 per share. The dividend, relating to the six-month period ending December 31, 2024, will be paid on May 28, 2025, with key dates including an ex-date of May 15, 2025, and a record date of May 16, 2025. This announcement reflects the company’s ongoing commitment to providing returns to its shareholders and may enhance its attractiveness in the investment community.

WAM Alternative Assets Reports Strong Private Equity Performance

WAM Alternative Assets Ltd reported strong performance in its investment portfolio, driven by successful private equity investments such as Pinnacle Rehab and Radiology Co. These investments have demonstrated significant earnings growth and market potential, enhancing the company’s position in the private equity and healthcare sectors. The company’s strategy of strategic mergers and acquisitions, as well as operational improvements, is expected to further fuel its growth and strengthen its market presence.