WAM Active Limited Reports Earnings Results for the Half Year Ended December 31, 2022
February 15, 2023 at 06:16 pm EST
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WAM Active Limited reported earnings results for the half year ended December 31, 2022. For the half year, the company reported net income was AUD 2.75 million compared to AUD 0.497896 million a year ago. Basic earnings per share from continuing operations was AUD 0.037 compared to AUD 0.0068 a year ago.
WAM Active Limited is an Australia-based investment company engaged in investing activities, including cash, term deposits, and equity investments. The Companyâs investment objectives are to deliver a regular income stream of fully franked dividends, provide a positive return with low volatility, and preserve capital. It manages the market for various opportunities, including initial public offerings, placements, block trades, rights issues, corporate transactions (such as takeovers, mergers, schemes of arrangements, and restructures), listed investment companies (LIC), discount arbitrages, and short selling. The Company invests in various sectors, including financials, consumer discretionary, healthcare, consumer staples, materials and information technology. The Companyâs listed investment companies include WAM Capital, WAM Leaders, WAM Global, WAM Research, WAM Active, WAM Microcap, WAM Alternative Assets, and WAM Strategic Value. The Company's investment manager is MAM Pty Limited.
WAM ACTIVE LIMITED 
