Half Yearly Report and Accounts

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Stock K2 Asset Management Holdings Ltd (KAM.ASX)
Release Time 27 Feb 2025, 9:08 a.m.
Price Sensitive Yes
 K2 Asset Management Holdings Ltd Reports Half Yearly Results
Key Points
  • Revenue up 5.3% to $2.87 million
  • Loss reduced by 93.1% to $14,890
  • No dividends declared for the period
Full Summary

K2 Asset Management Holdings Ltd has reported its financial results for the half-year ended 31 December 2024. Revenue from Responsible Entity, Trustee & Administration Services, and Funds Management was $2,183,613 and $330,538 respectively, resulting in total revenue of $2,866,719, up 5.3% from the prior comparative period. The loss of the Consolidated Entity for the half-year after providing for income tax was $14,890, a significant improvement of 93.1% compared to the loss of $216,629 in the prior period. There were no significant changes in the Consolidated Entity's state of affairs during the financial period. The directors have not declared any dividends for the half-year ended 31 December 2024.