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K2 Asset Management Holdings Limited (ASX:KAM)

ALERT: Price-sensitive ASX Announcement for KAM
Current share price for KAM : $0.057 -0.017 (-22.97%)+
Announcement
Release
29 Aug 2025 8:54AM
Price at Release
$0.074
Full Release
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Summary
The annual report for K2 Asset Management Holdings Limited for the financial year ending 30 June 2025 provides a comprehensive overview of the company's financial performance and position. It highlights a net profit of $344,687 after a previous year's loss, with revenues increasing by 17.10% to $6,152,771. The report outlines the company's financial risk management strategies, including credit risk and liquidity risk management. Key management personnel (KMP) remuneration details are provided, showing a total remuneration of $1,328,798 with no performance-based bonuses paid during the year. The report also details changes in equity, with net assets at $8,436,146. The earnings per share improved to 0.14 cents from a negative 0.26 cents the previous year. The company did not declare any dividends.
Key Points
  • Net profit after tax of $344,687 for the year ended 30 June 2025.
  • Revenue increased by 17.10% to $6,152,771.
  • No dividends were declared for the year.
  • Total equity stands at $8,436,146.
  • Basic earnings per share improved to 0.14 cents.
  • Total remuneration for key management personnel was $1,328,798.
  • No performance-based bonuses were paid to key management personnel.
  • Liquidity risk managed through cash reserves and short-term investments.
  • Credit risk is low due to control over investment funds.
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.