---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-018228"
form_type: "8-K"
ticker: "GROW"
cik: "0000754811"
company_name: "U S GLOBAL INVESTORS INC"
filed_at: "2023-06-23T23:59:59+00:00"
generated_at: "2026-06-13T18:36:57.683408+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# U.S. Global Investors Q1 net income $1.6M ($0.11/sh), rev $3.6M; monthly dividend continued

## Summary
- Net income of $1.6M ($0.11 diluted EPS), up 89% sequentially from prior quarter; vs $0.06 loss a year ago.
- Revenue $3.6M vs $6.2M a year ago; average AUM $2.5B vs $4.1B YoY.
- Operating income $730k; cash and equivalents $24.9M, net working capital $36.9M.
- Monthly dividend of $0.0075/sh continues for July-Sept 2023; 3.27% annualized yield.
- Repurchased 193,040 class A shares at net cost $556k during the quarter.

## SEC filing metadata
- accession: 0001437749-23-018228
- form_type: 8-K
- ticker: GROW
- cik: 0000754811
- company_name: U S GLOBAL INVESTORS INC
- filed_at: 2023-06-23T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/754811/000143774923018228/0001437749-23-018228-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/754811/000143774923018228/usglobal20230623_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-018228
- JSON: https://secwatch.observer/filing/0001437749-23-018228.json
- Plain text: https://secwatch.observer/filing/0001437749-23-018228.txt

## Key facts
- Earnings Releases
  U S GLOBAL INVESTORS INC reported quarter ended March 31, 2023 results: revenue $3.6 million, net income $1.6 million, EPS $0.11 per share.
  - Period: quarter ended March 31, 2023
  - Revenue: $3.6 million
  - Net income: $1.6 million
  - EPS: $0.11 per share
  - Result: reported results
  source text: U.S. Global Investors, Inc. (NASDAQ: GROW) (the “Company”), a registered investment advisory firm with longstanding experience in global markets and specialized sectors from gold mining to emerging markets, today reported operating income of $730,000 for the quarter ended March 31, 2023, on total revenues of $3.6 million. The Company recorded net income of $1.6 million, or $0.11 per share, representing an 89% increase over the previous quarter’s net income.
  evidence_url: https://www.sec.gov/Archives/edgar/data/754811/000143774923018228/0001437749-23-018228-index.htm

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