earnings
confidence high
sentiment positive
materiality 0.75
U.S. Global Investors FY2022 operating income up 36% to $11.1M; net income falls 83% to $5.5M on mark-to-market losses
U S GLOBAL INVESTORS INC
- Total operating revenue $24.7M (+14% YoY); operating margin 45% vs 38% prior year.
- Net income $5.5M ($0.37 per share) down from $32.0M ($2.12) due to unrealized losses on investments.
- AUM as of June 30, 2022: $2.9B vs $4.2B year ago; average AUM $3.9B (+18%).
- Board authorized monthly dividend of $0.0075/share through Sept 2022; $1.1M dividends paid (+90% YoY).
- Share repurchase program limit increased to $5.0M; $452K used to buy back 89,287 shares in FY2022.