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IAM.AX ASX Investment Management & Fund Operators

Income Asset Management Group Ltd

A$0,02
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About

Income Asset Management Group Ltd provides investment management and fund operating services to institutional and retail clients in Australia and internationally.

Business. Income Asset Management Group Ltd (IAM.AX) is an investment management and fund operator headquartered in Australia, operating within the Banking & Investment Services sector. The company generates fee-based revenue through its investment management activities, with key performance indicators including total assets under management, net organic flows, and average fee rates. It is primarily listed on the Australian Securities Exchange (ASX). Specific details regarding operating segments and geographic revenue mix are not disclosed in the available data.

Classification92 %
SectorFinancials
Business sectorBanking & Investment Services
IndustryInvestment Management & Fund Operators
ActivityBanking & Investment Services
Generated · model-assisted
Sell-side consensus
BUY1 analysts
1 buy0 hold0 sell
Avg 12m price target0,07

Analyst recommendations

1 analysts · consensus Buy
Buy1
Hold0
Sell0
12-month price target
0,07
Consensus of sell-side coverage.
Upcoming events
— missing data
See all catalysts →

At a glance

Score
not yet scored
Valuation
valuation pending
Analysts
Buy
1 analysts · indicative
Ownership
not yet wired
Profitability
not yet wired
Quality
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning IAM.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials · THIS SECTOR−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to IAM.AX. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    Income Asset Management Group Ltd (IAM.AX) is an investment management and fund operator headquartered in Australia, operating within the Banking & Investment Services sector. The company generates fee-based revenue through its investment management activities, with key performance indicators including total assets under management, net organic flows, and average fee rates. It is primarily listed on the Australian Securities Exchange (ASX). Specific details regarding operating segments and geographic revenue mix are not disclosed in the available data.

    Classification92 %
    SectorFinancials
    Business sectorBanking & Investment Services
    IndustryInvestment Management & Fund Operators
    ActivityBanking & Investment Services
    AI synthesis
    GENERATED

    Income Asset Management Group Ltd operates with a fully diluted share count of 930,870,820 shares, matching its basic share count, indicating no dilution from stock options or convertible securities. However, liquidity risk could not be assessed due to the absence of balance-sheet inputs and no going-concern language in source documents. The company's valuation snapshot is currently unavailable, limiting the ability to assess its relative valuation metrics.

    Profitability and returns data are not available in the current dataset, preventing a direct comparison with industry_config preferred metrics or cohort medians. This lack of data also hinders the ability to evaluate the company's performance against its peers in the investment management sector.

    The company's revenue concentration and geographic exposure are not disclosed in the available data, making it difficult to assess the risk associated with its segments or geographic markets. Analysts have not provided a growth trajectory for the company, as all price targets are uniformly set at 0.07 AUD, and no directional guidance is available.

    Risk factors include the inability to assess liquidity risk, which could impact the company's ability to meet short-term obligations. Dilution risk is currently low, as the diluted share count is equal to the basic share count, and no adjustments have been applied to the valuation. No recent events, such as filings or transcripts, are available to provide additional context on the company's operations or strategic direction.

    Key takeaways
    • The company has no dilution from stock options or convertible securities, as the diluted share count equals the basic share count.
    • Analysts have not provided a range of price targets, with all estimates uniformly set at 0.07 AUD.
    • Liquidity risk could not be assessed due to missing balance-sheet data and no going-concern language in source documents.
    • Profitability and returns data are not available, limiting the ability to compare the company's performance with industry peers.
    • Revenue concentration and geographic exposure are not disclosed, making it difficult to assess the company's risk profile.

    Bull / Bear case

    Generated · model-assisted
    BULL CASE · 4

    Revenue surged 84.3% year-over-year to AUD 13.6 million, demonstrating significant top-line growth momentum for the period.

    Long-term debt decreased substantially to AUD 1.1 million in FY0, indicating a strong deleveraging trend and improved balance sheet health.

    Analysts assign a strong buy recommendation with a target price implying 288.9% upside from current market levels.

    Dilution risk is assessed as low, providing relative stability for existing shareholders regarding potential equity issuance impacts.

    BEAR CASE · 3

    The company reported a net loss of AUD 14.5 million in FY-1, highlighting persistent profitability challenges.

    Free cash flow remained deeply negative at AUD -9.4 million, reflecting an inability to generate positive cash from operations.

    Revenue CAGR was negative 0.1% over four years, indicating long-term stagnation despite recent short-term growth spikes.

    In focus — financials by report

    Annual
    ANNUALFiled 2025-08-28
    FY 2025 · Full-year highlights

    Revenue A$16.9M, +24,4% YoY; Operating income +75,0% YoY.

    RevenueA$16.9M+24,4 % YoY
    Operating income-A$3.1M+75,0 % YoY
    Net income-A$5.5M+62,0 % YoY
    Free cash flow-A$4.9M+48,3 % YoY
    EPS
    Operating cash flow-A$4.4M+41,2 % YoY
    Financials
    Income statement
    RevenueA$16.9M
    Gross profit
    Operating income-A$3.1M
    Net income-A$5.5M
    Margins
    Gross margin
    Operating margin-18.2%
    Net margin-32.5%
    FCF margin-28.8%
    Balance sheet
    Total assetsA$10.5M
    Total liabilitiesA$4.3M
    Total equityA$6.2M
    Cash & equivalents
    Long-term debtA$1.1M
    Cash flow
    Operating cash flow-A$4.4M
    CapEx-A$159.0k
    Free cash flow-A$4.9M
    SBC
    P&L flow · revenue → net income
    Revenue A$16.9MOperating costs A$20.0MTax A$2.4MNet income A$5.5M
    Highlights
    • Revenue A$16.9M, +24,4% YoY
    • Operating income +75,0% YoY
    • Net income +62,0% YoY
    • Free cash flow +48,3% YoY
    • Net margin -32.5%

    Valuation FY

    Market price
    A$0,02
    Market cap
    Enterprise value
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    P / B
    P / Tangible book
    Tangible book
    Net cash
    Current ratio
    Debt / equity
    ROA
    ROE
    Cash conversion
    CapEx / revenue
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Consensus distribution

    sell-side coverage
    Recommendation distribution1 analysts
    Strong buy1
    Buy0
    Hold0
    Sell0
    Strong sell0
    12-month price targetA$0,07 · Median A$0,07
    Low A$0,07High A$0,07
    Operating income · consensus-700,000 AUD
    Revenue surprise
    −19,1 %
    reported vs consensus · miss

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    LowA$0,07
    MeanA$0,07
    MedianA$0,07
    HighA$0,07
    SpotA$0,02
    +288.9 %implied to mean12-month sell-side price targets · ▲ spot

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskUnknown

    Benchmarks vs cohort

    No cohort benchmark data available for this issuer yet.

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    Source documents
    • Income Asset Management Group Ltd Market data — financials · 2026-05-28
    • Income Asset Management Group Ltd Market data — analyst estimates · 2026-05-28

    Ownership & reference

    Leadership

    • John NantesExecutive Chairman of the Board

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    IAM.AXCanonical
    ASX · AUD

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskUnknown

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    2025-08-28 11:37 UTCEARNINGSAnnual results — FY 2025 Revenue AUD 16.9M · Net AUD -5.5M
    2023-08-31 06:53 UTCEARNINGSAnnual results — FY 2023 Revenue AUD 13.7M · Net AUD -6.4M
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage