earnings
confidence high
sentiment positive
materiality 0.70
Horizon Kinetics LLC Q2 net income $14.0M vs loss $12.5M; rev. $13.0M
Horizon Kinetics Holding Corp
2024-Q2 EPS reported
-$0.07
revenue$1,577,000
- Net income of $14.0M in Q2 2024 vs net loss of $12.5M in Q2 2023; H1 net income $54.9M vs loss $32.4M.
- Revenue $13.0M (+3.9% YoY); H1 revenue $27.1M vs $26.7M; operating income $1.5M (Q2) vs $0.9M.
- Equity in proprietary funds contributed $4.9M (Q2) vs loss $6.6M; unrealized investment gains $8.9M vs loss $7.1M.
- Digital assets now measured at fair value under ASU 2023-08: balance of $9.1M vs $1.8M at year-end.
- Members' equity $264.3M from $209.1M at Dec 2023; cash $10.7M roughly flat.