earnings
confidence high
sentiment positive
materiality 0.75
GCM Grosvenor Q1 AUM up 10% to $71.3B; GAAP net income +86% to $4.7M; declares $0.10 dividend
GCM Grosvenor Inc.
2022-Q1 EPS reported
$0.08
revenue$105,128,000
- AUM $71.3B (+10% YoY); FPAUM $57.9B (+8%); GAAP revenue $105.1M (+2%).
- GAAP net income attributable $4.7M (+86% YoY); Adjusted net income $23.8M (+26%).
- Fee-Related Earnings $31.7M (+26%); Adjusted EBITDA $37.2M (+23%).
- Dividend $0.10/share payable June 15 to holders of record June 1.
- Board increased stock repurchase authorization by $20M to $65M total.