InvestSMART

Microequities Asset Management Group Limited (ASX:MAM)

ALERT: Price-sensitive ASX Announcement for MAM
Current share price for MAM : $0.370 -0.12 (-24.49%)+
Announcement
Release
14 Aug 2026 8:57AM
Price at Release
$0.490
Full Release
download
Summary
Microequities Asset Management Group's FY2026 report highlights a modest revenue increase but a significant decrease in profit after tax due to a sharp decline in market valuations, particularly affecting technology portfolios. Despite these challenges, the company maintained profitability and a strong balance sheet, and declared a fully franked final dividend. The Global Value Microcap Fund showed recovery, and new investment products are planned. The report was audited with an unmodified opinion.
Key Points
  • Microequities Asset Management Group reported a 1.5% increase in revenue from ordinary activities to $12,727,138 for FY2026.
  • Profit after tax for the year decreased by 20.1% to $5,713,373.
  • A fully franked final dividend of 1.0 cent per share was declared for FY2026.
  • The company's net tangible assets per ordinary security slightly decreased from 17.87 cents to 17.64 cents.
  • There was a sharp decline in market valuations, particularly in technology-weighted portfolios, affecting financial performance.
  • Despite market challenges, the business maintained profitability and a strong balance sheet.
  • The Global Value Microcap Fund saw a strong recovery driven by investments in cybersecurity software companies.
  • Microequities is planning to launch a new domestic fund investing in both industrial and resources companies.
  • The auditor provided an unmodified opinion on the financial statements.
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.