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Earnings Call Summary | US Global Investors(GROW.US) Q2 2024 Earnings Conference

Earnings Call Summary | US Global Investors(GROW.US) Q2 2024 Earnings Conference

業績電話會議摘要 | 美國全球投資者 (GROW.US) 2024 年第二季度業績會議
富途資訊 ·  02/09 23:48  · 電話會議

The following is a summary of the U.S. Global Investors, Inc. (GROW) Q2 2024 Earnings Call Transcript:

以下是美國全球投資者公司(GROW)2024年第二季度業績電話會議記錄摘要:

Financial Performance:

財務業績:

  • U.S. Global Investors reported average assets under management of $2 billion for the quarter ending December 31, 2023.

  • The company's operating revenues for the quarter were $2.8 million, down 24%, and a net income of $1.2 million, an indication of a 45% increase over the same quarter last year.

  • Earnings per share for the quarter were $0.09.

  • Operating income for this quarter decreased to $192,000, which is a drop from the previous year's $716,000.

  • The company maintains a strong balance sheet with high levels of cash and no long-term debt. Net working capital increased to $38.3 million, and the current ratio stood at 18.8:1.

  • 美國環球投資者報告稱,截至2023年12月31日的季度平均管理資產爲20億美元。

  • 該公司本季度的營業收入爲280萬美元,下降24%,淨收入爲120萬美元,比去年同期增長45%。

  • 該季度的每股收益爲0.09美元。

  • 本季度的營業收入降至19.2萬美元,低於去年的71.6萬美元。

  • 該公司保持強勁的資產負債表,現金充足,沒有長期債務。淨營運資金增加到3,830萬美元,當前比率爲18. 8:1。

Business Progress:

業務進展:

  • The company continues to use a successful quantitative investment strategy involving active risk management and data analysis, resulting in the creation of Smart Beta 2.0 ETFs.

  • U.S. Global Investors closed two mutual funds focused on Eastern Europe and China due to market conditions, but launched the SEA fund to leverage opportunities in the global shipping industry.

  • Future plans include a focus on shareholder yield, launch expectations for new products, cash preservation for future growth opportunities and market corrections, and strategic stock buyback.

  • The company's investments in HIVE Digital has surpassed the returns from five-year or ten-year government bonds.

  • U.S. Global Investors is looking at a potential strategic shift towards NVIDIA and the overall AI business, due to strong growth in these sectors. Their strategy also highlights the successful 'magnificent seven' performance.

  • 該公司繼續使用成功的量化投資策略,包括積極的風險管理和數據分析,從而創建了Smart Beta 2.0 ETF。

  • 由於市場狀況,美國環球投資者關閉了兩隻專注於東歐和中國的共同基金,但推出了SEA基金以利用全球航運業的機會。

  • 未來的計劃包括關注股東收益率、對新產品的發佈預期、爲未來增長機會和市場調整保留現金,以及戰略股票回購。

  • 該公司對HIVE Digital的投資已經超過了五年期或十年期政府債券的回報。

  • 由於這些領域的強勁增長,美國全球投資者正在考慮向NVIDIA和整個人工智能業務進行潛在的戰略轉移。他們的策略還凸顯了成功的 “七人制” 表現。

More details: US Global Investors IR

更多詳情: 美國全球投資者 IR

Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.

提示:欲了解更多詳情,請訪問投資者關係網站。本文僅供投資者參考,不構成任何投資建議。

譯文內容由第三人軟體翻譯。


以上內容僅用作資訊或教育之目的,不構成與富途相關的任何投資建議。富途竭力但無法保證上述全部內容的真實性、準確性和原創性。
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