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WAM Leaders Limited Reports Sharp Profit Decline
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WAM Leaders Limited Reports Sharp Profit Decline

WAM Leaders Limited (AU:WLE) has released an update.

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WAM Leaders Limited has reported a significant downturn in its financial performance for the year ended June 30, 2024, with revenue down 75.5%, and profits before and after tax falling by 88.1% and 82.8%, respectively. Despite the decline, the company has maintained a fully franked dividend of 4.6 cents per share for both final and interim dividends. The company’s net tangible asset backing per share has also slightly decreased from the previous year.

For further insights into AU:WLE stock, check out TipRanks’ Stock Analysis page.

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