WAM Active (ASX: WAA) — Company Overview, News & Financial Data
WAM Active is a listed investment company based in Australia and managed by Wilson Asset Management.
WAM Active
WAM Active is a listed investment company based in Australia and managed by Wilson Asset Management. The company engages in market mispricing and relative value arbitrage opportunities in Australian equities, aiming to deliver a regular income stream through fully franked dividends, generate capital growth, and preserve capital over time. Employing an active trading strategy, the investment approach focuses on identifying short-term trading opportunities with low correlation to traditional equity markets. The company's portfolio encompasses a range of Australian equities, tactical trading positions, and cash holdings, offering retail and institutional investors access to actively managed market trading strategies.
Snapshot
Operations
Products and/or services of WAM Active
- Market Mispricing Opportunities: Active equity trading strategy targeting short-term price inefficiencies across listed Australian securities. Investments are made to capitalize on brief valuation discrepancies in small to mid-cap Australian equities, generating short-term trading gains.
- Relative Value Arbitrage: Quantitative and fundamental arbitrage operations designed to capture valuation differences between related securities or peer companies listed in Australia, seeking market-neutral or low-beta trading profits across changing market environments.
- Primary Market Placement Trading: Participation in Australian equity capital raisings, including initial public offerings, institutional placements, and entitlement offers, securing equity allocations at discounted issue prices relative to secondary market valuations.
- Corporate Restructuring Arbitrage: Tactical positioning in Australian listed companies undergoing corporate events, mergers, acquisitions, or schemes of arrangement, aiming to capture risk-arbitrage spreads between trading prices and transaction values.
- Franked Dividend Distribution: Portfolio capital management structured to deliver regular distributions backed by accumulated franking credits, derived from underlying Australian equity holdings and realized capital profits from active trading operations.
- Capital Preservation and Liquidity: Tactical liquidity management maintaining flexible cash allocations during periods of market volatility, providing capital protection while retaining immediate capacity to deploy capital into newly emerging market opportunities.
WAM Active executive team
- Geoffrey James WilsonChairman & Chief Investment Officer
- Katherine A. ThorleyCEO & Non-Independent Director
- Jesse Michael HamiltonChief Financial Officer
Latest news about WAM Active
Recent announcements
What WAM Active (WAA) has told the market, newest first.
- Rodney Ebsworth Appendix 3X
- WAM Active appoints Independent Director Rodney Ebsworth
- Update - Dividend/Distribution - WAA
Dividend history
Dividends per share paid by WAM Active, by financial year.
| Financial year | Interim | Final | Special | Total |
|---|---|---|---|---|
| FY2026(to date) | A$0.0100 | A$0.0520 | — | A$0.0620 |
| FY2025 | A$0.0295 | A$0.0295 | — | A$0.0591 |
| FY2024 | A$0.0295 | A$0.0295 | — | A$0.0591 |
| FY2023 | A$0.0295 | A$0.0295 | — | A$0.0591 |
| FY2022 | A$0.0295 | A$0.0295 | — | A$0.0591 |
Key financials
Reported results for WAM Active, in AUD.
- Market cap
- 128.5M
- Revenue (TTM)
- 64.4M
- P/E ratio
- 2.6
- EPS (diluted, TTM)
- 0.3
- Dividend yield
- 7.2%
- Profit margin
- 52.5%
| Fiscal year end | Revenue | Operating income | Net income |
|---|---|---|---|
| 64.4M | 48.1M | 33.8M | |
| 16.7M | 10.7M | 7.4M | |
| 13.7M | 11.8M | 8.3M | |
| 9.3M | 7.9M | 5.8M |