ASX Share rice
Mon 17 May 2021 - 03:30:am (Sydney)

MAI Share Price

MAINSTREAM GROUP HOLDINGS LIMITEDMAIDiversified Financials

MAI Company Information

Name:

Mainstream Group Holdings Limited

Sector:

Financial Services

Industry:

Asset Management

GIC Industry:

Capital Markets

GIC Sub Industry:

Asset Management & Custody Banks

Address:

51-57 Pitt Street Sydney NSW Australia 2000

Phone:

61 2 9247 3326

Full Time Employees:

305

Co-Founder, Group CEO & Exec. Director:

Mr. Martin Charles Smith

Chief Exec. Officer of Americas:

Mr. Jay Maher

Chief Exec. Officer of Mainstream Fund Services - Asia Pacific:

Mr. Nicholas Peter Happell

Chief Financial Officer:

Ms. Stacey Kelly

Head of Technology:

Mr. Tony Hawker

Head of Risk & Compliance:

Ms. Aimee Birch

Head of Risk & Gen. Counsel:

Ms. Silva Seferian Jacotine

Head of Marketing & Company Sec.:

Ms. Alicia Gill

Head of HR:

Ms. Rachel Parris

Head of Project Management Office:

Ms. Jenny Elhassan

Company Overview:

Mainstream Group Holdings Limited provides fund administration services for the financial services industry in the Asia Pacific, Americas, and Europe. Its fund administration services include investment administration and fund, fund accounting, unit registry, custody, middle office, distressed assets administration, and company secretarial services to fund managers and listed companies. The company also provides superannuation services comprising member administration, unit pricing, and accounting services to industry funds, corporate superannuation funds, and retail superannuation master trusts, as well as manages accumulation funds, defined benefit funds, hybrid funds, and account based pensions and transition to retirement pensions. In addition, it offers registry services, such as listing, transaction processing, and reporting and correspondence services to exchange-traded products. The company was formerly known as MainstreamBPO Limited and changed its name to Mainstream Group Holdings Limited in September 2017. The company was founded in 2006 and is based in Sydney, Australia.

MAI Share Price Information

Shares Issued:

138.09M

Market Capitalisation:

$365.94M

Dividend per Share:

$0.01

Ex Dividend Date:

2020-09-02

Dividend Yield:

0.38%

Revenue (TTM):

$56.93M

Revenue Per Share (TTM):

$0.43

Earnings per Share:

$0.01

Profit Margin:

0.026

Operating Margin (TTM):

$0.08

Return On Assets (TTM):

$0.05

Return On Equity (TTM):

$0.04

Quarterly Revenue Growth (YOY):

0.176

Gross Profit(TTM):

$20.12M

Diluted Earnings Per Share (TTM):

$0.01

MAI CashFlow Statement

CashFlow Date:

2020-06-30

Investments:

$-2,923,424

Change To Liabilities:

$148.87K

Total Cashflow From Investing Activities:

$-2,923,424

Net Borrowings:

$-2,926,998

Net Income:

$545.76K

Total Cash From Operating Activities:

$9.99M

Depreciation:

$4.20M

Other Cashflow From Investing Activities:

$-395,760

Dividends Paid:

$-543,925

Change To Account Receivables:

$-103,317

Sale Purchase Of Stock:

$-581,006

Capital Expenditures:

$705.65K

MAI Income Statement

Income Date:

2020-06-30

Income Before Tax:

$1.58M

Net Income:

$545.76K

Operating Income:

$2.08M

Other Operating Expenses:

$-2,861,106

Interest Expense:

$501.96K

Income Tax Expense:

$1.04M

Total Revenue:

$55.35M

MAI Balance Sheet

Balance Sheet Date:

2020-06-30

Intangible Assets:

$10.18M

Total Liabilities:

$22.99M

Total Stockholder Equity:

$36.93M

Other Current Liabilities:

$3.03M

Total Assets:

$59.93M

Common Stock:

$35.81M

Other Current Assets:

$1.37M

Retained Earnings:

$-1,092,519

Other Liabilities:

$2.68M

Good Will:

$10.32M

Other Assets:

$2.31M

Cash:

$14.74M

Total Current Liabilities:

$11.26M

Property - Plant & Equipment:

$6.20M

Net Tangible Assets:

$11.27M

Total Current Assets:

$25.75M

Long-Term Debt:

$5.94M

Net Receivables:

$8.38M

Accounts Payable:

$1.13M

MAI Share Price History

MAI News

14 May, 2021
SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced that it has amended the Scheme Implementation Deed with Mainstream Group Holdings Limited (ASX: MAI, "Mainstream") to provide for an acquisition by SS&C of 100% of the shares and outstanding equity rights in Mainstream for A$2.61 per security pursuant to a scheme of arrangement. In the absence of a superior proposal, and subject to the independent expert concluding that the revised scheme is in the best interests of Mainstream shareholders, being customary carve-outs, the board of directors of Mainstream intends to support the revised scheme of arrangement on that basis.
06 May, 2021
SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced that it has amended the Scheme Implementation Deed with Mainstream Group Holdings Limited (ASX: MAI, "Mainstream") to provide for an acquisition by SS&C of 100% of the shares and outstanding equity rights in Mainstream for A$2.56 per security pursuant to a scheme of arrangement. In the absence of a superior proposal, and subject to the independent expert concluding that the revised scheme is in the best interests of Mainstream shareholders, being customary carve-outs, the board of directors of Mainstream intends to support the revised scheme of arrangement on that basis.
29 Apr, 2021
SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced that it has amended the Scheme Implementation Deed with Mainstream Group Holdings Limited (ASX: MAI, "Mainstream") to provide for an acquisition by SS&C of 100% of the shares and outstanding equity rights in Mainstream for A$2.35 per security pursuant to a scheme of arrangement. In the absence of a superior proposal, and subject to the independent expert concluding that the revised scheme is in the best interests of Mainstream shareholders, being customary carve-outs, the board of directors of Mainstream intends to support the revised scheme of arrangement on that basis.
27 Apr, 2021
SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced that it has amended the Scheme Implementation Deed with Mainstream Group Holdings Limited (ASX: MAI, "Mainstream") to provide for an acquisition by SS&C of 100% of the shares and outstanding equity rights in Mainstream for A$2.25 per security pursuant to a scheme of arrangement. In the absence of a superior proposal, and subject to the independent expert concluding that the revised scheme is in the best interests of Mainstream shareholders, being customary carve-outs, the board of directors of Mainstream intends to support the revised scheme of arrangement on that basis.
19 Apr, 2021
SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced that the board of directors of Mainstream Group Holdings Limited (ASX: MAI, "Mainstream") has unanimously recommended an acquisition by SS&C of 100% of the shares and outstanding equity rights in Mainstream for A$2.00 per security pursuant to a scheme of arrangement (in the absence of a superior offer and subject to an independent expert concluding that the SS&C Proposal is in the best interests of the Mainstream shareholders). The matching rights of Vistra Group in connection with its prior Scheme Implementation Deed have now expired and Mainstream is proceeding to terminate that agreement with Vistra Group in accordance with its terms. SS&C's Scheme Implementation Deed will then become fully operative per its terms.
12 Apr, 2021
SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced that it has entered into a conditional Scheme Implementation Deed with Mainstream Group Holdings Limited (ASX: MAI, "Mainstream"). SS&C proposes to acquire 100% of the shares and outstanding equity rights in Mainstream at a price of A$2.00 per security pursuant to a scheme of arrangement.
10 Mar, 2021
Partnership Leverages Innovative Technology to Streamline the Investor Onboarding Process and Enhance Investor Data SecurityBOSTON, MA / ACCESSWIRE / March 10, 2021 / Finomial, a leading Compliant Client Lifecycle Management ("CCLM") platform, today announced its partnership with Mainstream Fund Services, a global provider of full-service fund administration and part of Mainstream Group Holdings Limited (ASX:MAI) ("Mainstream"). The partnership leverages cutting-edge technology to streamline the investor onboarding processes and enhance investor data security.
04 Feb, 2021
By buying an index fund, you can roughly match the market return with ease. But many of us dare to dream of bigger...
06 Dec, 2020
Every investor in Mainstream Group Holdings Limited ( ASX:MAI ) should be aware of the most powerful shareholder...
07 Oct, 2020
This article will reflect on the compensation paid to Martin Smith who has served as CEO of Mainstream Group Holdings...
09 Jul, 2020
The simplest way to invest in stocks is to buy exchange traded funds. But if you pick the right individual stocks, you...

MAI Dividend Payments

EX-Date Dividend Amount
2016-10-24$0.0100
2017-03-27$0.0050
2017-10-24$0.0075
2018-03-08$0.0050
2018-08-28$0.0100
2019-02-27$0.0075
2019-08-28$0.0050
2020-09-02$0.0100

MAI Dividends (last 5 Years)