---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-021786"
form_type: "8-K"
ticker: "GROW"
cik: "0000754811"
company_name: "U S GLOBAL INVESTORS INC"
filed_at: "2022-09-02T23:59:59+00:00"
generated_at: "2026-06-23T16:56:08.808508+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# U.S. Global Investors FY2022 operating income up 36% to $11.1M; net income falls 83% to $5.5M on mark-to-market losses

## Summary
- 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.

## SEC filing metadata
- accession: 0001437749-22-021786
- form_type: 8-K
- ticker: GROW
- cik: 0000754811
- company_name: U S GLOBAL INVESTORS INC
- filed_at: 2022-09-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/754811/000143774922021786/0001437749-22-021786-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/754811/000143774922021786/usglobal20220902_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-021786
- JSON: https://secwatch.observer/filing/0001437749-22-021786.json
- Plain text: https://secwatch.observer/filing/0001437749-22-021786.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.