WCM Global Growth's profit soars, dividends boosted after strong year
WCM Global Growth Limited (ASX:WQG) reported a net operating profit after tax of $69,525,000 for the year ended 30 June 2025, a substantial increase from $45,341,000 in the prior year. This growth boosted its pre-tax net tangible asset (NTA) value per share from $1.744 to $2.025. The company's investment portfolio delivered a 31.00% return, outperforming the MSCI All-Country World Index (ex-Australia) benchmark by 12.41%.
Shareholders will benefit from an increased final dividend for Q4 FY2025 of 2.06 cents per share, fully franked at a 30% tax rate, payable on 30 September 2025. This decision, along with revised future dividend intentions, follows a successful November 2024 share placement and share purchase plan that raised approximately $76.7 million and increased total assets to $462 million.
The company will hold its annual general meeting on Wednesday, 12 November 2025, at 11:30am (AEDT). Key agenda items include the adoption of the remuneration report and the re-election of Mr Michael Liu and Mr Martin Switzer as non-executive directors.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
Supplementary Source Documents
News Alerts
Get instant email alerts when Wcm Global Growth Limited publishes news
Free account required • Unsubscribe anytime