WAM Microcap (ASX:WMI) Tax Provision: A$-15.73 Mil (TTM As of Dec. 2025)

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ASX:WMI WAM Microcap Ltd ASX:WMI
57 GF Score
Price A$1.47
GF Value A$1.59
Valuation Fairly Valued
! 1 Warning Sign
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What is WAM Microcap Tax Provision?

WAM Microcap ASX:WMI -0.68% 57 Tax Provision is A$-15.73 Mil as of Dec. 2025. GuruFocus rates ASX:WMI with a GF Score™ of 57/100 and a GF Value™ of A$1.59 (Fairly Valued). The stock has 1 warning sign investors should review.

WAM Microcap's tax provision for the six months ended in Dec. 2025 was A$-12.24 Mil. Its tax provision for the trailing twelve months (TTM) ended in Dec. 2025 was A$-15.73 Mil.

WAM Microcap Tax Provision Historical Data

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The historical data trend for WAM Microcap's Tax Provision can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

WAM Microcap Tax Provision Chart

WAM Microcap Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Tax Provision
Get a 7-Day Free Trial -30.92 17.78 -9.04 -12.71 -16.13

WAM Microcap Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Tax Provision Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.07 -9.64 -12.65 -3.48 -12.24
ASX:WMI
57GF Score
WAM Microcap Ltd ASX:WMI
Tax Provision is just one metric. See GF Score™, valuation, warning signs, and more.
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WAM Microcap Tax Provision Calculation

Tax to be paid.

Tax Provision for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-15.73 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Tax Provision →
What does a Tax Provision of A$-15.73 Mil mean?
WAM Microcap (ASX:WMI) has a Tax Provision of A$-15.73 Mil as of Dec. 2025. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on WAM Microcap and its competitors.
Is WAM Microcap's Tax Provision too high?
WAM Microcap's current Tax Provision is A$-15.73 Mil. Overall, WAM Microcap has a GF Score™ of 57/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does WAM Microcap's Tax Provision compare to BLK and BX?
WAM Microcap's Tax Provision of A$-15.73 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Provision for an Asset Management company?
A good Tax Provision depends on the Asset Management industry context. However, Tax Provision should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Provision mean?
A high Tax Provision can signal that a stock is expensive relative to its fundamentals. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on WAM Microcap and its competitors. WAM Microcap's current Tax Provision is A$-15.73 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WAM Microcap stock overvalued right now?
Based on GuruFocus' analysis, WAM Microcap (ASX:WMI) is currently considered Fairly Valued. The stock's GF Value™ is A$1.59, compared to a current price of A$1.47 — trading 7.5% below its estimated fair value. The current Tax Provision is A$-15.73 Mil. WAM Microcap's overall GF Score™ is 57/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Provision calculated?
Tax Provision is calculated from a company's financial statements. For WAM Microcap (ASX:WMI), the current Tax Provision is A$-15.73 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is WAM Microcap (ASX:WMI) Overvalued in 2026?

Based on GuruFocus' analysis, WAM Microcap stock appears to be undervalued. The current stock price of A$1.47 is trading 7.5% below its estimated GF Value™ of A$1.59. GuruFocus considers WAM Microcap to be Fairly Valued.

Key valuation signals for ASX:WMI:

  • Tax Provision: A$-15.73 Mil
  • GF Value™: A$1.59 vs. price of A$1.47 (7.5% below fair value)
  • GF Score™: 57/100 with 1 warning sign

No single metric tells the full story. See the ASX:WMI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

WAM Microcap Business Description

Address 1 Farrer Place, Level 26, Governor Phillip Tower, Sydney, NSW, AUS, 2000
WAM Microcap Ltd is an investment company based in Australia. Its investment objectives are to deliver a stream of fully franked dividends, provide capital growth in the medium-to-long term, and preserve capital. The company is engaged in making investments in listed companies, and provides investors access to a portfolio of undervalued micro-cap growth companies with a market capitalisation of less than 300 million dollars at the time of acquisition. WAM Microcap also provides exposure to relative value arbitrage and market mispricing opportunities.
57GF Score

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Tax Provision is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$1.47
Price
A$1.59
GF Value