middle.news
How Income Asset Management Survived a $3M Fraud Blow While Growing Revenue
8:39am on Monday 27th of October, 2025 AEDT
•
Financial Services
Read Story
How Income Asset Management Survived a $3M Fraud Blow While Growing Revenue
8:39am on Monday 27th of October, 2025 AEDT
Key Points
Q1 FY2026 operating revenue up 34% to $5.35 million
Estimated $3 million total loss and costs from fraud and theft
Positive normalised EBITDA of $294,000 excluding fraud-related costs
Cash reserves fell by $2.85 million, largely due to fraud impact
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
Income Asset Management (ASX:IAM)
OPEN ARTICLE