---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-033875"
form_type: "8-K"
ticker: "GROW"
cik: "0000754811"
company_name: "U S GLOBAL INVESTORS INC"
filed_at: "2023-12-07T23:59:59+00:00"
generated_at: "2026-06-07T16:37:02.579434+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 reports FY2023 net income $0.22/share, operating margin 23%, revenue $15.1M

## Summary
- 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.

## SEC filing metadata
- accession: 0001437749-23-033875
- form_type: 8-K
- ticker: GROW
- cik: 0000754811
- company_name: U S GLOBAL INVESTORS INC
- filed_at: 2023-12-07T23:59:59+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/754811/000143774923033875/0001437749-23-033875-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/754811/000143774923033875/usglobal20231207_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-033875
- JSON: https://secwatch.observer/filing/0001437749-23-033875.json
- Plain text: https://secwatch.observer/filing/0001437749-23-033875.txt

## Key facts
- Earnings Releases
  U S GLOBAL INVESTORS INC reported the fiscal year ended June 30, 2023 results: revenue $15.1 million, net income $3.1 million, EPS $0.22 per share.
  - Period: the fiscal year ended June 30, 2023
  - Revenue: $15.1 million
  - Net income: $3.1 million
  - EPS: $0.22 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 to airlines, is pleased to report financial results for the fiscal year ended June 30, 2023. For the 12-month period, net income was $3.1 million, or $0.22 per share, and operating income was $3.5 million. Operating margin was a healthy 23% on operating revenues of $15.1 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/754811/000143774923033875/0001437749-23-033875-index.htm

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