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Income Asset Management Group Limited (ASX:IAM)

ALERT: Price-sensitive ASX Announcement for IAM
Current share price for IAM : $0.014 -0.008 (-36.36%)+
Announcement
Release
27 Feb 2026 2:17PM
Price at Release
$0.022
Full Release
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Summary
The interim financial report for Income Asset Management Group Limited (IAM) for the half-year ending on 31 December 2025 highlights several key financial indicators. The company reported a total loss of AUD 3,022,220, reflecting a decrease in revenue from contracts with customers compared to the previous period. Notably, there were significant cash flow movements with a net operating cash outflow of AUD 2,725,321, and a net increase in cash from financing activities of AUD 1,857,921. The report also details the conversion of a debt facility into a two million AUD unsecured loan due by July 2027. The financial statements underwent restatements due to corrections in previously reported figures. IAM's equity at the end of the period stood at AUD 1,144,696, down from the previous year. The report also discusses the issuance and exercise of performance rights and share options, with a focus on future employee incentives. Earnings per share were reported as negative, consistent with the loss reflected in the overall financial performance.
Key Points
  • Total comprehensive loss amounted to AUD 3,022,220.
  • Net operating cash outflows were reported at AUD 2,725,321.
  • Net cash flows from financing activities totaled AUD 1,857,921.
  • A two million AUD debt facility was established with a maturity date of 1 July 2027.
  • Restatements were made to correct previously reported figures.
  • Equity decreased to AUD 1,144,696 from the previous year.
  • Share-based payments and performance rights were outlined in the financials.
  • Basic and diluted earnings per share were both reported as negative for the period.
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.