Clime Investment Management Reports $1.5M Operating Profit, Declares Dividend

Strong Financial Turnaround

Clime Investment Management Limited (ASX, CIW) has delivered a notable operating profit of approximately $1.5 million before amortisation and tax for the June quarter. This marks a significant turnaround for the company, underpinning the board’s decision to declare a fully franked final dividend of 0.5 cents per share. The result reflects a renewed focus on operational efficiency and client-centric solutions.

Strategic Team and Operational Expansion

The company has bolstered its workforce with the addition of eight new administration staff, alongside new advisers and investment specialists. These hires support Clime’s ambition to operate efficiently across three major Australian cities, Sydney, Melbourne, and Brisbane, and to broaden its advisory and product capabilities. Notably, leadership changes include the appointment of Leo Economides as Chief Investment Officer, bringing extensive experience in structured finance and portfolio management, and Anshul Thapar as Head of Operations, who has quickly demonstrated value across the business.

Product Innovation and Integration

Clime is advancing its product suite with the launch of a Strategic Debt Fund aimed at wholesale investors, combining unlisted credit with listed debt to address gaps in mortgage and fixed interest markets. The integration of the Vertium acquisition continues, enhancing dividend and income strategies, while the Small Companies Fund now benefits from sub-management by Acorn Capital. The International Fund is also being refreshed through partnerships with US-based platforms, expanding investment opportunities. The Australian Income Fund remains a standout performer, ranked in the top 1% over five years by Morningstar.

Technology and Transparency Enhancements

Clime is investing heavily in technology to improve transparency and client engagement. A new reporting framework is being implemented to allow advisers and clients to inspect holdings and transactions directly, reinforcing a “trust but verify” approach. The upcoming public beta launch of clever.clime.com.au aims to empower self-directed investors with interactive market data and portfolio monitoring tools. Additionally, the adoption of EchoNotes technology is streamlining client interactions, saving advisers time while enhancing compliance and service quality.

Outlook and Market Positioning

With funds under management increasing slightly to approximately $1.7 billion, Clime is positioning itself for sustained profit growth through innovative, scalable offerings that differentiate it in a competitive market. The board and management express confidence in the company’s trajectory, anticipating improved core business profitability as new client solutions gain traction. Audited financial results and the formal dividend declaration are expected in late August, providing further clarity on the company’s financial health and strategic direction.