Wam Research Limited Reports Earnings Results for the Full Year Ended June 30, 2021
August 24, 2021 at 09:04 am IST
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WAM Research Limited announced earnings results for the full year ended June 30, 2021. For the full year, the company announced net income was AUD 52.288 million compared to net loss of AUD 7.835 million a year ago. Basic earnings per share from continuing operations was AUD 0.2686 compared to basic loss per share from continuing operations of AUD 0.0408 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 provide a stream of fully franked dividends and achieve a high real rate of return, comprising both income and capital growth, within acceptable risk parameters. 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 consumer discretionary, industrials, cash, healthcare, information technology, financials, communication services, consumer staples, real estate, energy and materials. MAM Pty Limited is the investment manager of the Company.
WAM RESEARCH LIMITED 