Microequities Asset Management hits near 6-month high on positive earnings

Microequities Asset Management

15/08/2025 06:21

** Shares of Microequities Asset Management MAM.AX rise as much as 7% to A$0.610, their highest level since February 24

** Asset manager reports FY profit attributable of A$7.1 million ($4.61 million), up 19% YoY

** Posts 9.3% rise in FY revenue from ordinary activities to A$12.5 mln

** Declares a final dividend of 2.0 Australian cents per share, payable on September 22

** About 278,200 shares change hands, 7.5x the 30-day average

** YTD, stock up 16.5%, including current session's move

($1 = 1.5389 Australian dollars)

 (Reporting by Ananya Verma in Bengaluru)

 ((ananya.verma@thomsonreuters.com;))