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WAM Global Ltd.
(Sydney:WGB)
WAM Global Ltd. (WGB) vs. S&P 500 (SPY)
WAM Global Ltd. Business Overview & Revenue Model
WAM Global Ltd. Financial Statement Overview
| Breakdown | ||||
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 118.73M | 129.85M | -155.60M | 144.59M | 14.10M | Gross Profit |
| 107.56M | 119.67M | -166.59M | 136.89M | 7.02M | EBIT |
| 108.58M | 119.68M | -166.58M | 136.99M | 7.19M | EBITDA |
| 107.31M | 119.68M | -166.58M | 136.99M | 7.19M | Net Income Common Stockholders |
| 73.94M | 84.76M | -116.68M | 95.93M | 5.05M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 853.20M | 806.77M | 728.51M | 31.55M | 36.86M | Total Assets |
| 869.99M | 829.63M | 766.46M | 653.57M | 504.38M | Total Debt |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | Net Debt |
| -29.10M | -40.39M | -49.97M | -29.96M | -36.86M | Total Liabilities |
| 40.34M | 11.30M | 1.11M | 38.39M | 18.19M | Stockholders Equity |
| 829.66M | 814.56M | 765.35M | 615.17M | 478.75M |
| Cash Flow | Free Cash Flow | |||
| 48.12M | 16.28M | -116.68M | -47.27M | -7.44M | Operating Cash Flow |
| 48.12M | 16.28M | -116.68M | -47.27M | -7.44M | Investing Cash Flow |
| 0.00 | 0.00 | 139.61M | 0.00 | 0.00 | Financing Cash Flow |
| -37.52M | -35.54M | -3.18M | 41.95M | -6.21M |
WAM Global Ltd. Technical Analysis
WAM Global Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | 6.96 | 14.14% | 5.06% | 19.83% | 20.57% | ||
73 Outperform | €1.38B | 6.29 | 23.27% | 8.56% | -9.29% | 12.94% | |
73 Outperform | 14.68 | 7.97% | 5.16% | 4.77% | 5.25% | ||
64 Neutral | $12.64B | 9.74 | 8.05% | 17044.60% | 12.66% | -4.62% | |
55 Neutral | €1.96B | ― | -24.47% | 7.64% | 5.36% | -846.00% |
WAM Global Ltd. Corporate Events
WAM Global Limited reported a decrease in its investment portfolio for March 2025, yet it outperformed the MSCI World Index (AUD). Key contributors to this performance were Genius Sports and Allfunds Group. Genius Sports showed strong earnings driven by increased live betting volumes and price hikes, with a promising outlook for sustained growth. Allfunds Group exceeded financial expectations with significant revenue and EBITDA growth, supported by strong market performance and client inflows. The company announced a fully franked interim dividend of 6.5 cents per share and a special dividend of 4.0 cents per share, indicating a robust financial position and commitment to returning value to shareholders.
WAM Income Maximiser Limited, in collaboration with Wilson Asset Management, has announced an offer to raise up to $510 million through the issuance of 340 million fully paid ordinary shares at $1.50 each. The offer includes a priority allocation for Wilson Asset Management Family members, a broker firm offer, and a general offer. This initiative aims to provide investors with monthly income and capital growth by investing in high-quality Australian companies. The announcement highlights the company’s strategic move to strengthen its market position and attract investors seeking stable returns, though it advises prospective investors to consult financial advisors before making investment decisions.
WAM Income Maximiser Limited, a new listed investment company under Wilson Asset Management, has opened its initial public offering (IPO) earlier than planned due to strong investor demand, exceeding the minimum subscription on its opening day. The IPO aims to raise $510 million, with a significant portion allocated to existing shareholders of WAM’s other LICs, reflecting the company’s strategy to leverage its established investor base. This move is expected to enhance WAM’s market positioning by offering monthly franked dividends and capital growth, potentially attracting more investors seeking stable returns.
WAM Global Limited reported a decrease in its investment portfolio performance in February 2025, aligning with global equity market trends. The company highlighted the positive impact of European live events ticketing company CTS Eventim, which exceeded market expectations with significant revenue and EBITDA growth. Conversely, Quanta Services, a North American infrastructure services provider, faced challenges due to market concerns over infrastructure spending and renewable energy policies. Despite these challenges, Quanta Services reported strong financial results and an increased order backlog, indicating potential sustained growth. WAM Global declared a fully franked interim dividend of 6.5 cents per share and a special dividend of 4.0 cents per share, reflecting its commitment to shareholder returns.
Wilson Asset Management has announced the launch of its ninth listed investment company, WAM Income Maximiser, which aims to provide investors with monthly franked dividends and capital growth. This new offering addresses a gap in the Australian equity market, especially following the reduction of franked income sources due to recent regulatory changes. The company has allocated $180 million of the $510 million capital raising as a priority offer to its existing shareholders and associated entities, emphasizing its commitment to shareholder value.
WAM Global Ltd. is hosting a webinar to provide an update on its investment portfolio, with insights from key team members including Lead Portfolio Manager Catriona Burns. The event aims to share the company’s global market outlook and highlight promising investment opportunities, offering shareholders an interactive platform through an extended Q&A session.
WAM Global Ltd. announced a significant increase in its fully franked interim and special dividends, driven by a 23.7% growth in its investment portfolio over the past year. The company’s performance has led to a substantial rise in operating profit and a trading price at an attractive discount to net tangible assets. The portfolio’s strategy of being underweight in widely held stocks like the ‘Magnificent Seven’ has led to outperformance, further supported by anticipated market shifts under the Trump administration. The company’s focus on high-quality companies such as SAP, MSCI, TransUnion, and Visa has contributed to its success, resulting in an increased dividend yield well above market averages.
WAM Global Ltd.’s half-year financial results show a substantial increase in revenue and profit compared to the previous year, with revenue from ordinary activities up by 148.4% and net profit after tax rising by 182.3%. The company declared an interim dividend of 6.5 cents per share and a special dividend of 4.0 cents per share, both fully franked, indicating a strong financial performance and shareholder returns.
WAM Global Ltd. announced a new dividend distribution for its fully paid ordinary shares, amounting to AUD 0.040 per share. The distribution pertains to the six-month period ending December 31, 2024, with key dates including an ex-date of July 17, 2025, a record date of July 18, 2025, and a payment date of July 31, 2025. This announcement signifies the company’s commitment to delivering value to its shareholders and maintaining a steady income stream.
WAM Global Ltd. has announced a dividend distribution for its fully paid ordinary shares, with a distribution amount of AUD 0.065 per share. The ex-dividend date is set for May 19, 2025, with a record date on May 20, 2025, and payment to be made on May 30, 2025. This announcement, pertaining to the six-month financial period ending December 31, 2024, highlights the company’s ongoing commitment to returning value to its shareholders.
WAM Global Limited’s investment portfolio surpassed the MSCI World Index in January 2025, driven by strong performances from Safran and Teledyne Technologies. Safran is well-positioned due to the transition to the LEAP engine and strong guidance, while Teledyne’s strategic cost management and market recovery expectations indicate potential earnings growth, enhancing the company’s market position.