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Income Asset Management Group Limited (ASX:IAM)

ALERT: Price-sensitive ASX Announcement for IAM
Current share price for IAM : $0.018 -0.005 (-21.74%)+
Announcement
Release
29 Apr 2026 2:29PM
Price at Release
$0.023
Full Release
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Summary
Income Asset Management Group Limited reported a Q3 FY2026 operating revenue of $2.9 million, with an additional $2.7 million in revenue awaiting settlement, bringing total unaudited revenue to $14.7 million. The company experienced a negative EBITDA of $1.3 million and a net loss of $1.7 million. At the quarter's end, the company's cash position was $2.2 million, with additional liquid assets increasing total available funds to $5.2 million when considering the pending revenue. The company plans to settle a litigation payment of $1.9 million using a facility arranged by a director. Operational activities in the quarter resulted in a net cash outflow of $1.3 million. The report highlights a seasonal drop in trading activities due to January's quiet period and the ongoing impact of geopolitical events.
Key Points
  • Q3 FY2026 operating revenue: $2.9 million
  • Revenue awaiting settlement: $2.7 million
  • Total unaudited revenue: $14.7 million
  • EBITDA: negative $1.3 million
  • Net loss: $1.7 million
  • Cash at end of quarter: $2.2 million
  • Total cash and liquid bonds: $2.5 million
  • Pending revenue increases total to $5.2 million
  • Litigation settlement payment: $1.9 million
  • Net cash outflow from operations: $1.3 million
  • Seasonal decline in trading activities
  • Impact of geopolitical events on trading volumes
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.