earnings
confidence high
sentiment positive
materiality 0.65
U.S. Global Q2 net income $3.6M ($0.24/sh); revenue $6.6M (+39% YoY); AUM $4.1B
U S GLOBAL INVESTORS INC
2022-Q2 EPS reported
$0.40
revenue$13,095,000
- Net income $3.6M ($0.24 diluted EPS), up 50% from prior quarter; operating margin 45%.
- Revenue $6.6M (+39% YoY); operating income $2.9M vs $75K prior year.
- Average AUM $4.1B (+40% YoY); JETS AUM $3.2B with record monthly trading volume in Dec 2021.
- Launched smart-beta 2.0 SEA ETF on NYSE Jan 20, 2022; Board authorized monthly dividend of $0.0075/sh through Mar 2022.
- Cash and cash equivalents $23.2M; net working capital $29.9M; repurchased ~24K shares in H1 FY2022.