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Wam Research(ASX) WAX

Market CapA$221.59MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (2003)+372%
5 Year-6%
1 Year-7%
1 Month+1%
A$1.06
-0.47%
-0.01Today
Wam Research last closing stock price
MetricPriceDate
Last closeAUD 1.062026-08-14
Wam Research stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week-0.47%AUD 1.062026-08-07
1 month+0.96%AUD 1.052026-07-15
3 month-4.09%AUD 1.102026-05-15
Year to date-10.03%AUD 1.172025-12-31
1 year-6.86%AUD 1.132025-08-14
3 year+16.55%AUD 0.912023-08-15
5 year-5.87%AUD 1.122021-08-13
Since inception+371.85%AUD 0.222003-08-19

Wam Research Financials at a Glance

Market Cap

A$221.59MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

A$58.04M

Net Income (TTM)

A$42.68M

EPS (TTM)

-A$0.01

P/E Ratio

-202.88

Dividend

A$0.10

Beta (Volatility)

-0.02 (Low)

Price

A$1.06

Volume

89,060

Open

A$1.06

Previous Close

A$1.06

Daily Range

A$1.05 - A$1.06

52-Week Range

A$1.02 - A$1.36

Estimated Earnings Date

Feb 17, 2026

WAX News

No articles available.

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About Wam Research

WAM Research Limited is an Australian-domiciled closed-end equity investment vehicle, primarily focused on publicly listed companies in Australia. The company aims to identify investment opportunities in small and medium-cap firms, utilizing proprietary in-house research to inform its value and growth strategies.

Products and Services
  • Closed-end equity investment vehicle targeting Australian companies
  • Focus on small and medium-capitalization firms
  • Investment strategies based on proprietary research
Growth Outlook
  • Recent quarterly revenue showed a significant increase to AUD 24.1 million
  • Trailing twelve months (TTM) revenue reached AUD 44.4 million
  • Strong cash flow generation with operating cash flow of AUD 13.2 million in the latest quarter
Financial Highlights
  • Dividend yield of 9.43% reflects attractive returns for investors
  • Market capitalization stands at approximately AUD 222.6 million
  • Recent net income of AUD 20.1 million indicates strong profitability
WAM Research Limited operates within the asset management industry, focusing on identifying and capitalizing on investment opportunities in the Australian market. The company's investment strategies are informed by rigorous in-house research, allowing it to navigate the complexities of small and medium-capitalization firms effectively. The growth outlook appears promising, with recent quarterly revenue demonstrating a notable increase, alongside a robust TTM revenue figure. The company has also shown strong cash flow generation, which is crucial for sustaining operations and funding future investments. Financially, WAM Research Limited presents an attractive proposition with a high dividend yield, indicating a commitment to returning value to shareholders. The market capitalization reflects a solid position within the industry, while recent profitability metrics suggest effective management and operational efficiency. Overall, WAM Research Limited stands out as a compelling option for investors interested in the Australian asset management sector.
AI Generated • Jul 19, 2026

Industry

Capital Markets

Sector

Financials

CEO

Kate Thorley, CPA

Website

www.wilsonassetmanagement.com.au

Headquarters

Sydney, NSW 2000, AU

WAX Financials

Key Financial Metrics (TTM)

Gross Margin

203.23%

Operating Margin

277.30%

Net Income Margin

75.92%

Return on Equity

-0.49%

Return on Capital

17.48%

Return on Assets

-0.49%

Earnings Yield

-0.49%

Dividend Yield

9.48%

Payout Ratio

-16.06%

Stock Overview

Market Cap

A$221.59MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

210.04M

Volume

89.06K

Avg. Volume

204.61K

Financials (TTM)

Gross Profit

A$50.94M

Operating Income

A$45.19M

EBITDA

A$58.39M

Operating Cash Flow

A$32.34M

Capital Expenditure

A$0.00

Free Cash Flow

A$32.34M

Cash & ST Invst.

A$209.91M

Total Debt

A$0.00

Wam Research Performance Analysis

Wam Research annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-06-30AUD -27,620,511N/A
20232023-06-30AUD 25,789,384N/A
20242024-06-30AUD 54,244,395110.3%
20252025-06-30AUD 46,274,594-14.7%
Wam Research sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q42024-06-30-37.5%
Q22024-12-30194.5%
Q42025-06-30-95.8%
Q22025-12-31-275.6%
Wam Research annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-06-30AUD -0.11N/A
20232023-06-30AUD 0.08N/A
20242024-06-30AUD 0.1689.8%
20252025-06-30AUD 0.14-13.5%
Wam Research sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q42024-06-3015.4%
Q22024-12-3049.4%
Q42025-06-30-91.9%
Q22025-12-31-249.0%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q2 2025YOY CHG

Revenue

-A$3.31M

-113.7%

Gross Profit

-A$4.78M

-122.7%

Gross Margin

1.44%

N/A

Market Cap

A$221.59MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

N/A

N/A

Employees

N/A

N/A

Net Income

-A$3.21M

-101.6%

EBITDA

-A$5.11M

-124.6%

Quarterly Fundamentals

Name
Q2 2025YOY CHG

Total Cash

A$209.91M

+5.7%

Total Debt

A$0.00

N/A

Accounts Receivable

A$249.73K

-0.1%

Inventory

A$0.00

N/A

Long Term Debt

A$0.00

N/A

Short Term Debt

A$0.00

N/A

Return on Assets

-0.49%

N/A

Return on Invested Capital

-1.80%

N/A

Free Cash Flow

A$13.23M

+152.9%

Operating Cash Flow

A$13.23M

+152.9%

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Questions About WAX

What is the current price of Wam Research?

Wam Research is trading at A$1.06 per share.

What is the 52-week range for Wam Research?

Over the past 52 weeks, Wam Research has traded between A$1.02 and A$1.36.

How much debt does Wam Research have?

As of the most recent reporting period, Wam Research reported total debt of A$0.00.

How much cash does Wam Research have on hand?

Wam Research reported A$10.25M in cash and cash equivalents in its most recent financial results.

What is Wam Research’s dividend yield?

Wam Research currently has a dividend yield of 9.48%.

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