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Cadence Capital Limited (ASX:CDM)

ALERT: Price-sensitive ASX Announcement for CDM
Current share price for CDM : $0.725 -0.05 (-6.45%)+
Announcement
Release
21 Aug 2026 11:19AM
Price at Release
$0.775
Full Release
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Summary
Cadence Capital Limited, a listed public company in Australia, reported a profit of $33,427,950 for the financial year ending 30 June 2026, marking a significant improvement from the previous year. The company increased its total equity to $308,864,254 and paid dividends totaling $17,866,908. The effective tax rate was 29.41%, and the net tangible asset backing after tax rose to $1.03 per share. Cadence Capital Limited engaged in share buy-backs and issued shares through a Dividend Reinvestment Plan, resulting in cash and cash equivalents of $153,491,285 at year-end. The report provides detailed financial statements and notes to the accounts, outlining the company's operations in the securities sector and its financial strategies.
Key Points
  • Cadence Capital Limited is a listed public company in Australia operating in the securities industry.
  • The financial year ended on 30 June 2026.
  • Total equity increased to $308,864,254 from $292,330,716 the previous year.
  • Profit for the year was $33,427,950.
  • Dividends paid amounted to $17,866,908 for the year.
  • Net tangible asset backing after tax increased to $1.03 per share from $0.98.
  • The company's effective tax rate for FY2026 was 29.41%.
  • Cadence Capital Limited issued shares via a Dividend Reinvestment Plan and conducted share buy-backs during the year.
  • The company's cash and cash equivalents stood at $153,491,285 at the end of the financial year.
  • The document includes a statement of profit or loss, statement of financial position, and statement of changes in equity.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.