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Clime Investment Management Ltd Reports Revenue Growth and Profit Increase

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Clime Investment Management Ltd Reports Revenue Growth and Profit Increase

Clime Investment Management Ltd ( (AU:CIW) ) just unveiled an update.

Clime Investment Management Ltd reported a 2% increase in revenue from ordinary activities to $6,070,644 for the half-year ended December 31, 2024. The company also saw a significant improvement in profit from continuing operations before depreciation, amortization, and tax, which rose by 137% to $405,717. Despite a loss after amortization and tax, the loss decreased by 84% to $257,398. No dividends were declared during this period, but a post-reporting date dividend of 0.2 cents per share is proposed. The company does not currently operate a dividend reinvestment plan. The net tangible asset backing per ordinary share increased to 5.4 cents from 2.0 cents in the previous corresponding period.

More about Clime Investment Management Ltd

YTD Price Performance: 11.11%

Average Trading Volume: 28,844

Technical Sentiment Consensus Rating: Hold

Current Market Cap: A$30.43M

For an in-depth examination of CIW stock, go to TipRanks’ Stock Analysis page.

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