secwatch.observer — SEC 8-K summary
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Issuer:     United States Gasoline Fund, LP (UGA)
CIK:        0001396878
Form:       8-K
Filed at:   2025-03-26T23:59:59+00:00
Accession:  0001171200-25-000123
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

UGA reports FY2024 net income $5.6M, NAV per share $62.94, up from $60.64
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- Net income $5,636,231 ($2.30 per share) vs $539,056 ($0.89) in 2023; total income $6.66M.
- Unrealized gain on futures $2.76M at year-end vs unrealized loss $1.66M in 2023; realized trading loss $2.72M.
- Total partners' capital $100.7M, NAV per share $62.94 (Dec 31, 2024) vs $60.64 (Dec 31, 2023).
- Fund issued 1.35M shares and redeemed 1.15M shares during 2024; net financing inflows $10.2M.
- Annual expenses $1.02M including management fees $0.60M; unqualified audit opinion from Cohen & Company.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1396878/000117120025000123/0001171200-25-000123-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1396878/000117120025000123/i25116_uga-8k.htm
  HTML page:      https://secwatch.observer/filing/0001171200-25-000123

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer