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WAM Income Maximiser Limited (ASX:WMX)

ALERT: Price-sensitive ASX Announcement for WMX
Current share price for WMX : $1.615 -0.065 (-3.87%)+
Announcement
Release
21 Aug 2026 9:34AM
Price at Release
$1.680
Full Release
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Summary
WAM Income Maximiser Limited reported substantial financial growth for the year ending 30 June 2026. The company saw its revenue increase by 1,371.4%, reaching $28,553,579, and its net profit after tax rose by 1,125.7% to $14,267,934. The company declared monthly dividends throughout the year, maintaining a focus on shareholder returns. Major share issuances significantly increased the company's issued capital. By the end of the financial year, total assets amounted to $342,632,670 with net assets at $314,921,194. The company noted there are no substantial shareholders and no current on-market buyback.
Key Points
  • WAM Income Maximiser Limited reported a significant increase in revenue and profit for the financial year ending 30 June 2026.
  • Revenue from ordinary activities rose by 1,371.4% to $28,553,579.
  • Profit before income tax expense increased by 1,201.3% to $19,569,147.
  • Net profit after income tax expense was $14,267,934, marking an increase of 1,125.7%.
  • The company declared monthly dividends ranging from 0.20 cents to 0.68 cents per share, fully franked at a 30% tax rate.
  • Total comprehensive income for the year was $25,627,615, with a focus on dividends and shareholder returns.
  • There were substantial issuances of shares through placement, share purchase plans, and dividend reinvestment plans, leading to a significant increase in issued capital.
  • The financial position showed total assets at $342,632,670 and net assets at $314,921,194.
  • The company has no substantial shareholders, and there is no current on-market share buyback.
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.