Top Page
Impax Asset Management
(LSE:IPX)
Impax Asset Management (IPX) vs. iShares MSCI United Kingdom ETF (EWC)
Impax Asset Management Business Overview & Revenue Model
Impax Asset Management Financial Statement Overview
| Breakdown | |||||
| TTM | Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 179.96M | 170.11M | 178.37M | 175.95M | 142.69M | 87.68M | Gross Profit |
| 115.29M | 107.98M | 85.12M | 165.30M | 133.09M | 77.85M | EBIT |
| 57.12M | 0.00 | 66.56M | 65.88M | 47.89M | 18.60M | EBITDA |
| 62.21M | 53.97M | 57.60M | 70.14M | 51.94M | 22.86M | Net Income Common Stockholders |
| 40.67M | 36.48M | 39.22M | 59.48M | 40.24M | 13.74M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 19.38M | 109.09M | 104.78M | 118.17M | 81.80M | 43.15M | Total Assets |
| 81.86M | 182.38M | 188.52M | 203.45M | 172.35M | 113.63M | Total Debt |
| 6.63M | 7.79M | 8.74M | 9.08M | 9.43M | 10.67M | Net Debt |
| 501.00K | -17.52M | -29.22M | -43.15M | -26.74M | -9.57M | Total Liabilities |
| 26.21M | 51.26M | 54.56M | 65.27M | 61.83M | 42.19M | Stockholders Equity |
| 54.64M | 131.12M | 133.96M | 138.18M | 110.52M | 71.45M |
| Cash Flow | Free Cash Flow | ||||
| 51.90M | 49.56M | 37.83M | 70.92M | 55.07M | 23.68M | Operating Cash Flow |
| 52.99M | 50.64M | 38.66M | 71.72M | 55.33M | 23.86M | Investing Cash Flow |
| -28.23M | -14.37M | 1.51M | -19.64M | -23.69M | -2.63M | Financing Cash Flow |
| -49.73M | -45.99M | -52.29M | -38.63M | -14.71M | -12.88M |
Impax Asset Management Technical Analysis
Impax Asset Management Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
79 Outperform | £228.97M | 7.44 | 26.26% | 16.69% | -9.06% | -24.06% | |
74 Outperform | £181.54M | 12.90 | 11.92% | 8.80% | 0.27% | 1.47% | |
71 Outperform | £411.64M | 6.46 | 8.03% | 6.82% | 0.37% | ― | |
64 Neutral | £401.52M | 9.62 | 33.77% | 10.89% | 18.08% | 22.78% | |
64 Neutral | $12.66B | 9.79 | 7.67% | 17015.07% | 12.23% | -6.06% | |
61 Neutral | £122.95M | ― | -3.67% | 3.23% | 35.36% | -153.97% | |
58 Neutral | £237.46M | 16.59 | 8.88% | 18.97% | -22.50% | -15.51% |
Impax Asset Management Corporate Events
Impax Asset Management Group plc has launched a £10 million share buyback programme to return additional capital to shareholders, following an update on its capital management priorities. The programme, conducted with Peel Hunt LLP, will be executed on the London Stock Exchange and other venues, potentially impacting daily trading volumes due to limited liquidity in the shares. The buyback reflects Impax’s strategic focus on optimizing shareholder value and may influence its market positioning.
The most recent analyst rating on (GB:IPX) stock is a Buy with a £700.00 price target. To see the full list of analyst forecasts on Impax Asset Management stock, see the GB:IPX Stock Forecast page.
Impax Asset Management reported a challenging first half of the financial year, with a decline in assets under management (AUM) from £39.6 billion to £25.3 billion. Despite this, the company showed improved investment performance relative to benchmarks and announced a £10 million share buyback program, reflecting confidence in its future success. The company is focused on strategic priorities such as enhancing its listed equities proposition, expanding fixed income and private markets capabilities, and maintaining tight cost control to ensure financial strength. The board plans to continue its disciplined capital management approach, including a sustainable dividend policy and potential share buybacks, to support future growth opportunities.
The most recent analyst rating on (GB:IPX) stock is a Buy with a £700.00 price target. To see the full list of analyst forecasts on Impax Asset Management stock, see the GB:IPX Stock Forecast page.
Impax Asset Management Group plc announced an investor presentation of its interim results for the six months ending March 31, 2025, to be held via webinar on May 22. The event, led by CEO Ian Simm and CFO Karen Cockburn, is open to all existing and potential shareholders, allowing for interactive participation through questions. This presentation underscores Impax’s commitment to transparency and engagement with stakeholders, highlighting its strategic focus on sustainability and growth in the asset management industry.
The most recent analyst rating on (GB:IPX) stock is a Buy with a £700.00 price target. To see the full list of analyst forecasts on Impax Asset Management stock, see the GB:IPX Stock Forecast page.
Impax Asset Management Group plc has announced that it will release its interim results for the six-month period ending 31 March 2025 on 22 May 2025. This announcement is significant as it provides stakeholders with insights into the company’s financial performance and strategic direction during this period, potentially impacting its market positioning and investor relations.
Impax Asset Management Ireland Limited, a subsidiary of Impax Asset Management Group, has entered into an investment advisory agreement with BNP Paribas Asset Management Europe. This agreement, part of a broader distribution arrangement, involves Impax providing advisory services to BNP Paribas for an investment fund, with fees calculated based on assets under management. As BNP Paribas is a substantial shareholder of Impax, the agreement is considered a related party transaction under AIM Rules. The independent directors, after consulting with Peel Hunt LLP, deem the transaction fair and reasonable for shareholders.
Impax Asset Management reported a 25.7% decrease in assets under management (AUM) for the first quarter of its financial year, totaling £25.3 billion as of March 31, 2025. The decline was attributed to the winding-up of a significant fund mandate and account closures, compounded by negative market returns. Despite these challenges, Impax completed the acquisition of European assets from SKY Harbor Capital Management, adding £1.1 billion in AUM and expanding its fixed income investment capabilities. However, the company anticipates that full-year profits will fall below market expectations due to ongoing market uncertainties and an escalating trade war.
Impax Asset Management has completed the acquisition of the European assets of SKY Harbor Capital Management, a high yield fixed income manager. This strategic acquisition enhances Impax’s capabilities in fixed income, adding approximately £1.1 billion in assets under management and expanding its range of credit market solutions. The acquisition also includes Frankfurt-based SKY Harbor Capital Management GmbH, facilitating cross-border distribution. This move follows Impax’s previous acquisition of Absalon Corporate Credit, bringing its total fixed income assets to £2.6 billion, and further solidifying its position in the sustainable investment sector.
Liontrust Investment Partners LLP has reduced its voting rights in Impax Asset Management Group plc from 12.85% to 11.01%, as of March 12, 2025. This change in voting rights may impact the company’s shareholder dynamics and influence its strategic decisions, potentially affecting stakeholders and the company’s position in the asset management industry.
Impax Asset Management Group plc announced that all resolutions were passed at their recent Annual General Meeting, including the re-election of several directors and the approval of a final dividend of 22.9 pence per share. This outcome reflects strong shareholder support and positions the company to continue its strategic initiatives, potentially enhancing its market standing and delivering value to stakeholders.
Impax Asset Management reported a decline in its assets under management (AUM) to £28.5 billion as of February 2025, primarily due to the loss of a significant mandate. Despite this, 69% of its AUM outperformed benchmarks since January, and the company is seeing increased client interest and improving fund inflows. In response to the AUM contraction, Impax has accelerated its efficiency program, reducing costs by over £11 million without impacting growth prospects. The company is also expanding its fixed income capabilities with an upcoming acquisition, positioning itself to capitalize on the growing interest in sustainable investments.
Impax Asset Management reported a decrease in its assets under management to £28.5 billion as of February 2025, primarily due to the loss of a significant mandate. Despite this, the company has seen improved investment performance relative to benchmarks and continues to experience client interest in its offerings. Impax has accelerated its efficiency program, reducing costs by over £11 million without impacting growth prospects. The company is also expanding its fixed income capabilities with an impending acquisition and remains focused on optimizing shareholder value through strategic capital allocation.
Impax Asset Management Group Plc has announced a change in its voting rights holdings, as Gresham House Asset Management Ltd has reduced its stake from 5.05% to 3.69%. This change in voting rights could impact Impax’s decision-making processes and influence within the company, potentially affecting its strategic direction and stakeholder interests.
Impax Asset Management Group plc announced that its Chief Executive, Ian Simm, has purchased 23,047 ordinary shares of the company at a price of 173.5567p per share. This transaction, conducted on the London Stock Exchange, reflects confidence in the company’s market position and future prospects, potentially influencing stakeholder perceptions positively.