earnings
confidence high
sentiment negative
materiality 0.65
Horizon Kinetics posts Q2 net loss of $10.5M; revenue up 66% to $18.8M
Horizon Kinetics Holding Corp
2025-Q2 EPS reported
$0.66
revenue$39,560,000
- Management and advisory fee revenue of $18.8M, up 66% YoY, driven by higher AUM.
- Net loss attributable to HKHC of $10.5M ($0.56 loss per share) vs. $14.0M profit in Q2 2024.
- Operating income of $2.5M improved from a $0.6M loss; $0.9M goodwill impairment recorded.
- AUM reached $10.5B at June 30, 2025, up 43% from a year ago.
- Board declared $0.071/share cash dividend, payable September 15, 2025, to holders of record August 21.
item 2.02item 9.01