earnings
confidence high
sentiment neutral
materiality 0.60
U.S. Global Investors reports FY2023 net income $0.22/share, operating margin 23%, revenue $15.1M
U S GLOBAL INVESTORS INC
- Net income $3.1M ($0.22 per share) vs $3.4M ($0.23) prior year; operating income $3.5M.
- Revenue $15.1M, down 39% from $24.7M; AAUM fell 35.6% to $2.5B.
- Net working capital $37.4M (+10% YoY); cash & equivalents $25.4M + securities $12.9M.
- Repurchased 91,845 shares for $257k in Q4 FY2023; monthly dividend $0.0075/sh through Dec 2023.
- JETS ETF inflows awaited despite record airline revenues; available on multiple platforms.