secwatch.observer — SEC 8-K summary
======================================

Issuer:     U S GLOBAL INVESTORS INC (GROW)
CIK:        0000754811
Form:       8-K
Filed at:   2022-11-14T23:59:59+00:00
Accession:  0001437749-22-027037
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

U.S. Global Investors Q1 FY2023: operating income $1.6M, revenue $4.4M, net income $0.01/shr
--------------------------------------------------------------------------------

- Net income of $118K ($0.01 per share) vs $2.39M ($0.16) YoY; revenue fell 32% to $4.4M.
- Average AUM $2.9B, down from $4.0B YoY; AUM at Sep 30 2022 was $2.3B, down 46%.
- Operating margin 36%; operating income $1.6M vs $2.9M in prior year quarter.
- Net working capital $34.6M; cash $23.3M; share buybacks increased 192% to ~40K shares.
- Monthly dividend of $0.0075/shr maintained through Dec 2022, subject to Board review.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/754811/000143774922027037/0001437749-22-027037-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/754811/000143774922027037/usglobal20221110_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-027037

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