WAM Research Limited Reports Earnings Results for the Full Year Ended June 30, 2023
August 23, 2023 at 07:20 pm EDT
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WAM Research Limited reported earnings results for the full year ended June 30, 2023. For the full year, the company reported net income was AUD 16.85 million compared to net loss of AUD 20.7 million a year ago. Basic earnings per share from continuing operations was AUD 0.0845 compared to basic loss per share from continuing operations of AUD 0.1052 a year ago.
WAM Research Limited is an Australia-based investment company. The principal activity of the Company is making investments in listed companies. The Companyâs investment objectives are to deliver a stream of fully franked dividends and to achieve a high real rate of return, comprising both income and capital growth, within the risk parameters acceptable to the directors. It provides investors with exposure to a diversified portfolio of undervalued growth companies, which are generally small-to-medium sized industrial companies listed on the Australian Securities Exchange (ASX). It invests in various sectors, such as industrials, consumer discretionary, healthcare, real estate, financials, consumer staples, communication services, materials, information technology and energy. MAM Pty Limited is the investment manager of the Company.
WAM RESEARCH LIMITED 
