secwatch.observer — SEC 8-K summary
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Issuer:     Associated Capital Group, Inc. (ACGP)
CIK:        0001642122
Form:       8-K
Filed at:   2023-05-12T23:59:59+00:00
Accession:  0001437749-23-014220
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Associated Capital reports Q1 net income of $0.81/diluted share; book value per share $41.30
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- Net income $17.8M ($0.81 diluted EPS) vs loss of $16.2M ($0.73 loss) in Q1 2022.
- Revenue $2.5M roughly flat YoY; operating loss before mgmt fee improved to ($2.6M) from ($3.3M).
- AUM $1.80B at March 31, 2023, down from $1.84B at year-end 2022 due to net outflows of $55M.
- Book value per share $41.30, up from $40.48 at Dec 31, 2022 but down from $41.72 a year ago.
- Board declared semi-annual dividend $0.10/share, payable June 29, 2023; repurchased 52,307 Class A shares for $1.9M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1642122/000143774923014220/0001437749-23-014220-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1642122/000143774923014220/ac20230316_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-014220

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