Earnings Call Summary | Silvercrest Asset Management(SAMG.US) Q1 2024 Earnings Conference
Earnings Call Summary | Silvercrest Asset Management(SAMG.US) Q1 2024 Earnings Conference
The following is a summary of the Silvercrest Asset Management Group Inc. (SAMG) Q1 2024 Earnings Call Transcript:
以下是Silvercrest资产管理集团公司(SAMG)2024年第一季度财报电话会议记录摘要:
Financial Performance:
财务业绩:
Silvercrest reported Q1 discretionary assets under management (AUM) at $22.7 billion, up 3.7%, with total AUM at $34.5 billion, up $1.2 billion.
Year over year, total and discretionary AUM have grown 15.4% and 6.6%, respectively, with a 2.9% revenue increase.
However, higher expenses, primarily compensation-related, have led to a decrease in most business metrics.
The firm posted consolidated net income of $4.9 million and an adjusted EBITDA of $7.5 million, which is 24.6% of the quarter's revenue.
Silvercrest报告称,第一季度全权管理资产(AUM)为227亿美元,增长3.7%,总资产管理规模为345亿美元,增长12亿美元。
同比而言,总资产管理规模和全权资产管理规模分别增长了15.4%和6.6%,收入增长了2.9%。
但是,更高的支出,主要与薪酬相关的支出,导致大多数业务指标的下降。
该公司公布的合并净收入为490万美元,调整后的息税折旧摊销前利润为750万美元,占该季度收入的24.6%。
Business Progress:
业务进展:
Firm's business pipeline has grown to $2 billion, indicating near-term positive flow.
Silvercrest is expanding its workforce to bolster international equity investment capabilities and global outreach.
Strategic investments in next-generation associates are promoted to drive future growth.
The firm is on the verge of change, committing to growth variability and emphasizing new initiatives for business expansion while maintaining its core principles.
公司的业务渠道已增长到20亿美元,这表明短期内资金流为正向流动。
Silvercrest正在扩大其员工队伍,以增强国际股票投资能力和全球影响力。
促进对下一代员工的战略投资,以推动未来的增长。
该公司正处于变革的边缘,致力于提高增长的可变性,在保持其核心原则的同时,强调新的业务扩张举措。
More details: Silvercrest Asset Management IR
更多详情: Silvercrest 资产管理 IR
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