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Associate Global Partners Limited (ASX:APL)

ALERT: Price-sensitive ASX Announcement for APL
Current share price for APL : $0.300 0.15 (100%)+
Announcement
Release
29 Oct 2025 9:53AM
Price at Release
$0.150
Full Release
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Summary
The quarterly activity report for Associate Global Partners Limited, for the quarter ended 30 September 2025, highlights a 4.6% increase in funds under management to $1.464 billion, with notable cash inflows of $0.479 million, marking the fourth consecutive quarter of positive cash flows. The company increased its cash balance to $5.071 million while reducing loan debt to $1.685 million. The report notes a net cash inflow of $45.1 million, primarily driven by the strong performance of the WCM funds. Payments to directors amounted to $269,180, and the company utilized unsecured loan facilities with interest rates ranging from 8% to 10%. The WCM Large Cap strategy notably outperformed its benchmark with a 9.52% return during the quarter.
Key Points
  • Funds under management (FUM) increased by 4.6% to $1.464 billion during the quarter.
  • Operating cash inflows from operations were $0.479 million, marking the fourth consecutive quarter of positive cash flows.
  • Total closing cash balance increased to $5.071 million.
  • Loan debt reduced to $1.685 million.
  • Net cash inflows of $45.1 million were achieved in the September 2025 quarter.
  • Payments to related parties totaled $269,180 for directors' remuneration.
  • Unsecured loan facilities include a $1.013 million loan with a fixed interest rate of 10% and a $0.502 million loan with an 8% interest rate.
  • WCM Large Cap strategy outperformed the benchmark with a 9.52% return during the quarter.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.