Income Asset Management Group Limited provides solutions for fixed income investors across treasury management, cash, bonds, debt capital markets, and asset management in Australia. It operates an online cash management platform that streamlines the process of investing in term deposits and at call accounts; and provides direct fixed income investment, funds management, and cash and term deposits. The company also provides asset management incubator services for fund managers to establish and grow their portfolio management capability; and treasury management services. It serves self-managed super funds, financial planners, fund managers, the wholesale market, custodians, and superannuation funds. The company was formerly known as Cashwerkz Limited and changed its name to Income Asset Management Group Limited in August 2021. Income Asset Management Group Limited was founded in 1987 and is based in Brisbane, Australia.
Research context
Cashwerkz Limited appears in PyInvesting’s Australia Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- AUD
- Sector
- Technology
- Industry
- Software - Application
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5 years, 6 months ago
Cashwerkz Limited is currently in a long term uptrend where the price is trading 4.9% above its 200 day moving average.
From a valuation standpoint, the stock is 31.5% cheaper than other stocks from the Technology sector with a price to sales ratio of 48.9.
Cashwerkz Limited's total revenue rose by 346.6% to $2M since the same quarter in the previous year.
Its net income has dropped by 140.1% to $-9M since the same quarter in the previous year.
Finally, its free cash flow fell by 42.7% to $-2M since the same quarter in the previous year.
Based on the above factors, Cashwerkz Limited gets an overall score of 3/5.