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AU 413467 | Enterprise Profile

WAM Research Limited

IW
IBISWorld Research Department
Analyst Australia

WAM Research is a Public Company that generates the majority of its income from the Funds Management Services industry. In 2025 the company generated total revenue of $46,275,000 including sales and other revenue. The exact number of employees for this organisation is not available. The Chief Executive of WAM Research is Ms Katherine Anne Thorley whose official title is CHIEF EXECUTIVE OFFICER. The Chairman of WAM Research is Mr Geoff Wilson whose official title is Chairman & Chief Investment Officer. WAM Research Limited is a local based publicly owned investment company focusing on global growth and undervalued Australian companies, and has invested almost $5 billion on behalf of over 130,000 shareholders. The company's headquarters is in New South Wales, Australia. WAM Research is listed on the ASX under the code WAX.

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What's included in this industry analysis

IBISWorld's research coverage on the WAM Research Limited includes market sizing, forecasting, data and analysis. The most recent publication will be as current as of March 2026.

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Company Details

What’s this enterprise profile about?

WAM Research Limited, trading as WAM Research, operates under the ABN 15 100 504 541 and was incorporated on 10 May 2002. WAM Research Limited trades on the Australian Securities Exchange under the ticker code ASX:WAX. WAM Research Limited primarily operates in the Financial Asset Investing industry in Australia.

Key Personnel

What’s included in the Key Personnel chapter?

The Key Personnel chapter outlines the principal leadership positions within WAM Research Limited, including the Chairman, Board members, Chief Executive Officer, and other key management personnel. It provides an overview of the company’s governance and executive structure, along with a breakdown of gender diversity across leadership roles, offering insight into the composition of the organisation’s senior team.

Financials

What’s included in the Financials chapter?

The Financials chapter presents WAM Research Limited’s historical financial performance, including detailed profit and loss statements outlining sales revenue, cost of sales, and profitability. It also incorporates balance sheet data, providing a breakdown of assets and liabilities, as well as additional financial metrics such as the number of shares on issue. Together, these disclosures offer a comprehensive view of the company’s financial position and performance over time.

Growth & Ratios

What’s included in the Growth & Rations chapter?

The Growth & Ratios chapter provides historical data on key financial performance indicators, enabling an assessment of the company’s operational efficiency, profitability, and financial structure over time. Metrics covered include return on equity, return on assets, profit margins, revenue per employee, as well as gearing and leverage ratios, offering a comprehensive view of performance trends and capital management.

Operating Segments

What’s included in the Operating Segments chapter?

The Operating Segments chapter provides an overview of the revenue composition and asset allocation across the various industries in which WAM Research Limited operates. It offers insights into how the company’s financial performance is distributed among its core business segments, highlighting the relative contribution of each industry to total revenue.

Competitor Benchmarking

What’s included in the Competitor Benchmarking chapter?

The Competitor Benchmarking chapter includes a comparative assessment of WAM Research Limited’s key financial, growth, and valuation ratios against industry averages to evaluate its competitive position. It analyses valuation metrics such as price-to-earnings, price-to-book, enterprise value to EBITDA, and enterprise value to sales, alongside core financial indicators including liquidity ratios and profitability measures.

Industries of Operation

What’s included in the Industries of Operation chapter?

The Industries of Operation chapter outlines WAM Research Limited’s market share across the industries in which it operates. Each industry profile includes a comprehensive overview featuring data on total market size, the number of enterprises, industry concentration levels, and overall turnover. This analysis provides context for the company’s competitive position and scale within each relevant market.

Shareholders

What’s included in the Shareholders chapter?

The Shareholders chapter provides a breakdown of the ownership structure of WAM Research Limited, identifying key shareholders and outlining their respective ownership interests. This section offers insight into the concentration of shareholdings, the presence of institutional or strategic investors, and the overall distribution of equity within the company.

Subsidiaries

What’s included in the Subsidiaries chapter?

The Subsidiaries chapter provides an overview of the companies and business entities that are wholly or partially owned by WAM Research Limited. It outlines the ownership structure of each subsidiary, offering insight into the broader corporate group and how these entities contribute to the company’s overall activities and performance.

History

What’s included in the History chapter?

The History chapter presents a overview of WAM Research Limited’s development, highlighting key milestones and significant corporate events since its incorporation. It includes the company’s incorporation date and outlines major strategic, operational, and structural developments, providing context for its evolution and current market position.

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Frequently Asked Questions

What is WAM Research Limited?

WAM Research Limited is a local based publicly owned investment company focusing on global growth and undervalued Australian companies, and has invested almost $5 billion on behalf of over 130,000 shareholders. The company's headquarters is in New South Wales, Australia. WAM Research is listed on the ASX under the code WAX.

What industry does WAM Research Limited operate in?

WAM Research Limited, trading as WAM Research, is a Public Company that generates the majority of its income from the Financial Asset Investing industry in Australia.

Where is WAM Research Limited located?

Murray Cod Australia Limited company is based at 1 Farrer Place, Sydney, New South Wales, Australia.

Who is the CEO of WAM Research Limited?

The FINANCIAL DECISION MAKER of WAM Research Limited is Katherine Anne Thorley and the FINANCIAL DECISION MAKER is Jesse Hamilton.

What was WAM Research Limited’s revenue in 2025?

In 2025, WAM Research Limited generated total revenue of approximately $46.3 million.

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