earnings
confidence high
sentiment positive
materiality 0.80
Horizon Kinetics reports Q4 net income $75.8M, EPS $4.07; annual revenue $57.2M, up 21% YoY
Horizon Kinetics Holding Corp
- Revenue of $57.2M in 2024 (+21% YoY); Q4 revenue $19.2M (+81.8% YoY).
- Net income attributable to HKHC of $92.5M ($5.07 per share) for the year, vs loss of $4.5M in 2023.
- AUM reached $9.8B at Dec 31, 2024, up 52% YoY, driven by TPL and GBTC gains.
- Board declared $0.107 per share dividend, payable March 28, 2025 to holders of record March 17, 2025.
- Non-GAAP revenue (excl. proprietary fund consolidation) of $113.2M, up 122% YoY, including $51.7M incentive fees.