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WAM Microcap Limited

WMI.AX•ASX
Financial Services
Asset Management
A$1.60
A$0.02(1.27%)
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The company's financials show resilient growth, with revenue advancing from $14.47M in Q4 2022 to $54.30M in Q2 2024. Gross profit remained healthy with margins at 84% in Q2 2024 compared to 75% in Q4 2022. Operating income hit $45.14M last quarter, sustaining a consistent 83% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at $45.14M. Net income rose to $32.50M, while earnings per share reached $0.12. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.

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