BAM ULC audited financials show net income $2.17B in 2024; KPMG valuation $80.1B

Brookfield Asset Management Ltd.

Net income attributable to common stockholders of $2,168M in 2024 vs $1,839M in 2023 (+18%).
Total revenues $3,980M in 2024 vs $4,062M in 2023; base management fees rose 7% to $2,957M.
Total assets $14.2B as of Dec 31, 2024; common equity $8.75B.
KPMG formal valuation (Oct 2024): BAM ULC common shares midpoint $80.1B ($48.98/share); BAM Class A shares midpoint $21.2B ($49.01/share).
Arrangement completed Feb 4, 2025: BAM acquired 73% of BAM ULC in reverse acquisition.

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