earnings
confidence high
sentiment positive
materiality 0.70
P10 Q1 revenue $67.7M (+2%); record fundraising $1.4B; dividend +7%; completes Qualitas acquisition
Ridgepost Capital, Inc.
2025-Q1 EPS reported
$0.04
revenue$67,667,000
- Revenue $67.7M (+2% YoY); fee-related revenue $67.6M (+4%); fee-paying AUM $26.3B (+10% YoY).
- GAAP net income $4.7M (vs $5.2M prior year); diluted EPS $0.04 flat; adjusted net income $23.5M (vs $25.4M).
- Record fundraising/deployments of over $1.4B in gross new fee-paying AUM in Q1, best quarter in history.
- Quarterly dividend raised 7% to $0.0375/share, payable June 20, 2025 to holders of record May 30, 2025.
- Completed acquisition of Qualitas Funds (deal value not disclosed); repurchased 1.2M shares at avg $12.31.