Wam Research Ltd (WAX) - Cash Flow Conversion Efficiency

Latest as of June 2025: 0.017x

Based on the latest financial reports, Wam Research Ltd (WAX) has a cash flow conversion efficiency ratio of 0.017x as of June 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (AU$3.85 Million ≈ $2.73 Million USD) by net assets (AU$226.21 Million ≈ $160.06 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Wam Research Ltd (WAX) defensive interval to measure how many days the company can operate on defensive assets alone.

Wam Research Ltd - Cash Flow Conversion Efficiency Trend (2013–2025)

This chart illustrates how Wam Research Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data.

Wam Research Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Wam Research Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Novonix Ltd ADR NASDAQ:NVX	-0.160x
Sonadezi Chau Duc Shareholding Co VN:SZC	N/A
Coveo Solutions Inc TO:CVO	0.149x
Nordfyns Bank A/S CO:NRDF	0.003x
Zhong Yang Technology Co Ltd TW:6668	-0.018x
QuasarEdge Acquisition Corporation NYSE:QRED	N/A
Piedmont Lithium Ltd ADR NASDAQ:PLL	-0.008x
Millennial Potash Corp. V:MLP	-0.041x

Annual Cash Flow Conversion Efficiency for Wam Research Ltd (2013–2025)

The table below shows the annual cash flow conversion efficiency of Wam Research Ltd from 2013 to 2025. For the full company profile with market capitalisation and key ratios, see WAX market cap overview.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-06-30	AU$226.21 Million ≈ $160.06 Million	AU$15.70 Million ≈ $11.11 Million	0.069x	-13.69%
2024-06-30	AU$214.66 Million ≈ $151.89 Million	AU$17.27 Million ≈ $12.22 Million	0.080x	+258.07%
2023-06-30	AU$199.14 Million ≈ $140.90 Million	AU$-10.13 Million ≈ $-7.17 Million	-0.051x	-122.65%
2022-06-30	AU$198.83 Million ≈ $140.68 Million	AU$44.68 Million ≈ $31.61 Million	0.225x	+1002.89%
2021-06-30	AU$235.63 Million ≈ $166.72 Million	AU$-5.86 Million ≈ $-4.15 Million	-0.025x	+58.05%
2020-06-30	AU$198.80 Million ≈ $140.66 Million	AU$-11.79 Million ≈ $-8.34 Million	-0.059x	-418.99%
2019-06-30	AU$222.00 Million ≈ $157.08 Million	AU$4.13 Million ≈ $2.92 Million	0.019x	+119.99%
2018-06-30	AU$235.02 Million ≈ $166.29 Million	AU$-21.86 Million ≈ $-15.47 Million	-0.093x	-147.00%
2017-06-30	AU$224.62 Million ≈ $158.93 Million	AU$44.46 Million ≈ $31.46 Million	0.198x	+230.09%
2016-06-30	AU$208.77 Million ≈ $147.72 Million	AU$-31.76 Million ≈ $-22.47 Million	-0.152x	-203.67%
2015-06-30	AU$186.17 Million ≈ $131.73 Million	AU$27.32 Million ≈ $19.33 Million	0.147x	+227.36%
2014-06-30	AU$148.56 Million ≈ $105.11 Million	AU$-17.12 Million ≈ $-12.11 Million	-0.115x	-599.63%
2013-06-30	AU$121.75 Million ≈ $86.15 Million	AU$2.81 Million ≈ $1.99 Million	0.023x	--

About Wam Research Ltd

AU:WAX Australia Asset Management

Market Cap

$159.30 Million

AU$225.13 Million AUD

Market Cap Rank

#17517 Global

#516 in Australia

Share Price

AU$1.08

Change (1 day)

-0.92%

52-Week Range

AU$1.02 - AU$1.35

All Time High

AU$1.43