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K2 Asset Management Holdings Limited (ASX:KAM)

ALERT: Price-sensitive ASX Announcement for KAM
Current share price for KAM : $0.060 -0.018 (-23.08%)+
Announcement
Release
18 Nov 2025 8:21AM
Price at Release
$0.078
Full Release
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Summary
The 2025 Annual General Meeting of K2 Asset Management Holdings Ltd, chaired by Campbell Neal and CEO Hollie Wight, highlighted the company's return to profitability, a focus on diversified growth, and strategic initiatives. Key financial figures for FY25 included a net profit of $0.35 million and cash reserves of $8.6 million. The company emphasized its three-pillar strategy: Responsible Entity and Trustee Services, Funds Management and Investment Advisory, and Exchange Traded and Listed Fund Services, all contributing to sustainable growth. The AGM also addressed resolutions related to director re-election and approval for a 10% placement capacity, underscoring the company's commitment to maintaining investor value through dividends and strategic growth.
Key Points
  • Return to profitability in FY25 with a net profit of $0.35 million.
  • Cash reserves of $8.6 million for strategic growth initiatives.
  • Three-pillar strategy: Responsible Entity & Trustee Services, Funds Management & Investment Advisory, Exchange Traded & Listed Fund Services.
  • Approval of a fully franked dividend of 0.5 cents per share.
  • Re-election of Ms. Hollie Wight as Director.
  • Approval for 10% additional placement capacity under Listing Rule 7.1A.
  • Revenue growth to $6.15 million, a 17% increase from FY24.
  • AUM increased from $4.3 billion to $5.0 billion.
  • Focus on sustainable and diversified growth.
  • Continued investor confidence and client support.
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.