Sprott Inc. Reports 2024 Financial Results with Strong AUM Growth

An announcement from Sprott ( (TSE:SII) ) is now available.

Sprott Inc. reported its financial results for the year ended December 31, 2024, highlighting a 10% increase in Assets Under Management (AUM) from the previous year, despite a 6% decline in the fourth quarter. The company benefited from strong precious metals prices and net sales, particularly in its physical trusts and ETFs. Revenue growth was driven by higher management fees and performance fees, although commission revenues saw a decline due to reduced activity and the sale of a Canadian broker-dealer. Sprott continues to invest in sales and marketing to enhance client service and maintain its leadership in the industry.

More about Sprott

Sprott Inc. is a company operating in the financial sector, specializing in asset management with a focus on precious metals and critical materials. The company offers a range of products including physical trusts and exchange-traded funds (ETFs) catering to both individual and institutional investors. Sprott is positioned to capitalize on trends in global trade realignment and energy security, particularly through its critical materials strategies.

YTD Price Performance: -0.25%

Average Trading Volume: 78,878

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $1.1B

Learn more about SII stock on TipRanks’ Stock Analysis page.