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Prestige Wealth Inc. (PWM)

NASDAQ Financial Services Asset Management
$1.17 ▲ +12.50%
Market Cap
$37.0M
Sector
Financial Services
Industry
Asset Management
Beta
3.29
52-Wk Range
0.3102-2.7
CEO
Kazuho Komoda
Country
HK
Currency
USD

Prestige Wealth Inc. operates in the Asset Management industry of the Financial Services sector, headquartered in Central, HK. The stock last traded at $1.17, up 12.50% on the session, giving a market capitalisation of $37.0M. On trailing twelve-month figures it carries a trailing P/E of -13.53, a net margin of -1074.7%. Its beta of 3.29 implies it has historically moved more than the broad market.

Valuation & profitability (TTM)
P/E
-13.53
Price / Sales
57.85
Price / Book
3.92
EV / EBITDA
-6.52
Gross margin
100.0%
Operating margin
-1101.2%
Net margin
-1074.7%
Return on equity
Debt / equity
0.06
Current ratio
1.12
Dividend yield
0.0%
Payout ratio
0.0%
Company profile
Exchange
NASDAQ Global Select
Employees
4
IPO date
2023-07-07
Headquarters
Central, HK
About Prestige Wealth Inc.

Through its various subsidiaries, Prestige Wealth Inc. (PWM) specializes in delivering comprehensive wealth and asset management services. The firm guides its clients through the process of identifying and acquiring suitable wealth and asset management products. Its primary focus is serving high-net-worth and ultra-high-net-worth individuals across Asia, with a particular emphasis on mainland China and Hong Kong. Established in 2017, the company is headquartered in Central, Hong Kong, and functions as a subsidiary of Prestige Financial Holdings Group Limited.

Comparable companies

Prestige Wealth Inc. is most often compared with the following Financial Services names:

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