Income Asset Management Group Limited provides solutions for fixed income investors across treasury management, cash, bonds, debt capital markets, and asset management in Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.35|
|52 Week High||AU$0.15|
|52 Week Low||AU$0.40|
|1 Month Change||7.69%|
|3 Month Change||7.69%|
|1 Year Change||100.00%|
|3 Year Change||75.00%|
|5 Year Change||n/a|
|Change since IPO||133.33%|
Recent News & Updates
Investors Who Bought Cashwerkz (ASX:CWZ) Shares A Year Ago Are Now Up 126%
Unless you borrow money to invest, the potential losses are limited. On the other hand, if you find a high quality...
|INY||AU Diversified Financial||AU Market|
Return vs Industry: INY exceeded the Australian Diversified Financial industry which returned 9% over the past year.
Return vs Market: INY exceeded the Australian Market which returned 20.2% over the past year.
Stable Share Price: INY is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: INY's weekly volatility (8%) has been stable over the past year.
About the Company
Income Asset Management Group Limited provides solutions for fixed income investors across treasury management, cash, bonds, debt capital markets, and asset management in Australia. It operates an online cash management platform that streamlines the process of investing in term deposits and at call accounts; and provides direct fixed income investment, funds management, and cash and term deposits. The company also provides asset management incubator services for fund managers to establish and grow their portfolio management capability; and treasury management services.
Income Asset Management Group Fundamentals Summary
|INY fundamental statistics|
Is INY overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|INY income statement (TTM)|
|Cost of Revenue||AU$15.60m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.057|
|Net Profit Margin||-356.32%|
How did INY perform over the long term?See historical performance and comparison
Is Income Asset Management Group undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate INY's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate INY's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: INY is unprofitable, so we can't compare its PE Ratio to the Australian Diversified Financial industry average.
PE vs Market: INY is unprofitable, so we can't compare its PE Ratio to the Australian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate INY's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: INY is overvalued based on its PB Ratio (8x) compared to the AU Diversified Financial industry average (1.2x).
How is Income Asset Management Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Diversified Financials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Income Asset Management Group has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Income Asset Management Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: INY is currently unprofitable.
Growing Profit Margin: INY is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: INY is unprofitable, and losses have increased over the past 5 years at a rate of 55.8% per year.
Accelerating Growth: Unable to compare INY's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: INY is unprofitable, making it difficult to compare its past year earnings growth to the Diversified Financial industry (-19%).
Return on Equity
High ROE: INY has a negative Return on Equity (-129.31%), as it is currently unprofitable.
How is Income Asset Management Group's financial position?
Financial Position Analysis
Short Term Liabilities: INY's short term assets (A$8.5M) exceed its short term liabilities (A$2.9M).
Long Term Liabilities: INY's short term assets (A$8.5M) exceed its long term liabilities (A$3.7M).
Debt to Equity History and Analysis
Debt Level: INY's debt to equity ratio (29.5%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if INY's debt to equity ratio has reduced over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: INY has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: INY has less than a year of cash runway if free cash flow continues to reduce at historical rates of 34.8% each year
What is Income Asset Management Group current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate INY's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate INY's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if INY's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if INY's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of INY's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Jonathan Lechte, also known as Jon, serves as the Chief Executive Officer at Income Asset Management Group Limited (formerly known as Cashwerkz Limited) since April 01, 2020. He serves as an Executive...
CEO Compensation Analysis
Compensation vs Market: Jon's total compensation ($USD439.67K) is above average for companies of similar size in the Australian market ($USD302.06K).
Compensation vs Earnings: Jon's compensation has increased whilst the company is unprofitable.
Experienced Management: INY's management team is not considered experienced ( 1 years average tenure), which suggests a new team.
Experienced Board: INY's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 35.5%.
Income Asset Management Group Limited's employee growth, exchange listings and data sources
- Name: Income Asset Management Group Limited
- Ticker: INY
- Exchange: ASX
- Founded: 1987
- Industry: Specialized Finance
- Sector: Diversified Financials
- Market Cap: AU$92.771m
- Shares outstanding: 268.90m
- Website: https://www.incomeam.com
- Income Asset Management Group Limited
- 262 Adelaide Street
- Level 1
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/20 07:03|
|End of Day Share Price||2021/10/20 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.