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06.12.2017 13:30:00

Integrated Asset Management Corp. Announces Results for Fiscal 2017

TORONTO, Dec. 06, 2017 (GLOBE NEWSWIRE) -- Integrated Asset Management Corp. ("IAM") (TSX:IAM) today announced its financial results for the fiscal year ended September 30, 2017. Net income was $1.8 million or $0.06 per share in the current year versus net income of $0.1 million or $0.00 per share in the prior year.                                 Review of the QuarterReview of the Year      HIGHLIGHTS3 Months EndedSeptember 30, 2017(thousands exceptper share amounts)3 Months EndedSeptember 30, 2016(thousands exceptper share amounts)Year EndedSeptember 30, 2017(thousands except per share amounts)Year EndedSeptember 30, 2016(thousands exceptper share amounts)Invested Capital$1,854,300 $1,592,100 $1,854,300 $1,592,100 Committed Capital to be Invested 619,200  964,600  619,200  964,600 Total Assets and Committed Capital Under Management ("AUM")$2,473,500 $2,556,700 $2,473,500 $2,556,700 Revenues before the undernoted$3,263 $3,851 $14,216 $11,904 Performance fees$- $- $- $- Investment loss$(21)$(438)$(559)$Full story available on Benzinga.com
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