Australia's Income Asset Management jumps on higher quarterly revenue
04/06/2025 04:45
** Income Asset Management Group IAM.AX jumps 23.8% to A$0.026; set for steepest intraday pct rise since early October 2024 ** Stock hits highest since May 13 ** Investment services provider's Q4 quarter to date revenue rises to A$4.05 mln ($2.6 mln) from A$3.7 mln in Q3 ** Co says it is very well placed to finish Q4 above its normal average revenue ** YTD, IAM sheds ~18% ($1 = A$1.5458) (Reporting by Shruti Agarwal in Bengaluru) ((Shruti.Agarwal@thomsonreuters.com;))
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