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Income Asset Management Reports Strong Q1 FY2026 Despite Fraud Impact

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Income Asset Management Reports Strong Q1 FY2026 Despite Fraud Impact

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Income Asset Management Group Limited ( (AU:IAM) ) has shared an announcement.

Income Asset Management Group Limited reported a significant increase in operating revenue for Q1 FY2026, despite dealing with the aftermath of fraudulent activities that affected its financials. The company has been working with FTI Consulting to assess the impact of the fraud, which involved theft and additional liabilities. IAM’s financial performance remains strong, with no client losses reported, and the company continues to maintain a robust product offering and client growth. The ongoing investigation is being closely monitored, with updates provided to insurers and regulators.

The most recent analyst rating on (AU:IAM) stock is a Buy with a A$0.08 price target. To see the full list of analyst forecasts on Income Asset Management Group Limited stock, see the AU:IAM Stock Forecast page.

More about Income Asset Management Group Limited

Income Asset Management Group Limited operates in the financial services industry, focusing on asset management. The company provides services related to bond and loan custody and administration, with a market emphasis on primary debt transactions.

Average Trading Volume: 1,595,460

Technical Sentiment Signal: Sell

Current Market Cap: A$29.79M

For an in-depth examination of IAM stock, go to TipRanks’ Overview page.

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