Wam Microcap (ASX:WMI) has announced its 2023 final dividend to be 5.25 AU cents per share.

In addition to the dividend, the company also reported a surge in its FY revenue from ordinary activities, which reached A$43.2 million, marking an increase of 188.0%.

Moreover, Wam Microcap’s FY net profit from ordinary activities after income tax expenses climbed by an impressive 172.9% to hit a total of A$26.3 million.

Wam Microcap is an investment firm focusing on managing a portfolio of ASX-listed microcap companies.