Income Asset Management Group Full Year 2024 Earnings: AU$0.047 loss per share (vs AU$0.022 loss in FY 2023)

In This Article:

Income Asset Management Group (ASX:IAM) Full Year 2024 Results

Key Financial Results

  • Revenue: AU$14.0m (up 1.2% from FY 2023).

  • Net loss: AU$14.5m (loss widened by 131% from FY 2023).

  • AU$0.047 loss per share (further deteriorated from AU$0.022 loss in FY 2023).

earnings-and-revenue-history
ASX:IAM Earnings and Revenue History September 2nd 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Income Asset Management Group Earnings Insights

Looking ahead, revenue is forecast to grow 29% p.a. on average during the next 2 years, compared to a 8.9% decline forecast for the Diversified Financial industry in Australia.

Performance of the Australian Diversified Financial industry.

The company's shares are down 1.5% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 6 warning signs for Income Asset Management Group (3 are potentially serious!) that you need to be mindful of.

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