Cadence Opportunities Fund Limited

Cadence Opportunities Fund Limited

CDO.AX
Cadence Opportunities Fund LimitedAU flagAustralian Securities Exchange
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AUD
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(- -)

Recent

price

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P/E

ratio

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div

yld

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ROIC.AI

2021
2022
2023
2024
FRC
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-0.14
-0.09
0.24
Revenue per Share
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-0.12
-0.09
0.15
Basic EPS, GAAP
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Free Cash Flow per Basic Share
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0.1
0.1
0.09
Dividend per Share
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2.07
1.73
1.86
Book Value per Share
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2.67
2.09
2.08
Tangible Book Value per Share
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13
15
16
Basic Weighted Avg Shares
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-2
-1
4
Sales/Revenue/Turnover
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Operating Margin (%)
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Depreciation Expense
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-2
-1
2
Net Income, GAAP
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19.96
Effective Tax Rate (%)
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81.47
97.2
61.69
Profit Margin (%)
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Working Capital
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8
4
1
LT Debt
73
35
32
33
Total Equity
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Return on Invested Capital (%)
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Return on Capital (%)
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-3.22
-4.99
8.41
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
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1.23%
Free Cash Flow
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Net Income, GAAP
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-274.3%
Sales/Revenue/Turnover
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-374.61%
Total Cash Common Dividend
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-0.99%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
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-2
2023
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-1
2024
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4

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
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-0.12
2023
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-0.09
2024
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0.15

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
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0.1
2023
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0.1
2024
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- -
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0.09
Business
Cadence Opportunities Fund Limited (ASX:CDO) is an Australia-based listed investment company that invests primarily in securities listed on Australian and international exchanges; it may also take short positions and deal in derivatives for hedging purposes. Managed by Cadence Asset Management Pty Limited, the fund focuses on capturing shorter-term market trends and opportunities, including equities across various sectors, with a portfolio strategy that emphasizes active investment management to outperform benchmarks such as the All Ordinaries Accumulation Index. It targets retail investors, self-managed super funds (SMSFs), and institutional clients seeking exposure to diversified financial instruments. The company operates from its headquarters at Level 6, 131 Macquarie Street, Sydney, New South Wales, Australia, and was founded in 2018 with shares listed on the ASX since November 2021. Geographically, its investments span Australian-listed securities and international markets, providing broad exposure without direct operational presence outside Australia. There are no disclosed subsidiaries or parent company relationships, though it functions alongside sister fund Cadence Capital Limited (ASX:CDM) under the same management. Recent developments include strong performance updates, with the fund delivering a gross return of 2.7% in November 2025, outperforming the All Ordinaries Accumulation Index, and monthly investment updates highlighting portfolio adjustments such as acquisitions expanding geographic presence for portfolio holdings like MTO in Perth and Adelaide in July 2025. In April 2025, the fund reported its net tangible assets (NTA) alongside investment positioning, reflecting ongoing active management amid market volatility, while March 2025 saw outperformance of 5.2% against the benchmark. No major acquisitions, funding rounds, or strategic alliances involving the fund itself were announced in the last 1-2 years, with focus remaining on portfolio-level opportunities and performance reporting.