Sprott Inc. Reports Strong Growth and Dividend Hike

Sprott Inc ((TSE:SII)) has held its Q3 earnings call. Read on for the main highlights of the call.

Sprott Inc. Reports Strong Quarter with Significant AUM Growth and Dividend Increase

The recent earnings call from Sprott Inc. painted a picture of robust growth and strategic success. The company reported a strong quarter characterized by significant growth in assets under management (AUM), impressive ETF performance, and a notable increase in dividends. Despite some transitional accounting impacts and specific ETF redemptions, the overall sentiment was positive, signaling confidence in future growth.

Record AUM Growth

Sprott Inc. achieved a remarkable milestone in the quarter, with assets under management increasing by $9 billion, surpassing the $50 billion mark for the first time in October 2025. This represents a 56% increase from December 2024, highlighting the company’s strong market position and effective asset management strategies.

Strong ETF Performance

The company’s ETF business demonstrated exceptional growth, expanding from under $400 million in assets in 2022 to more than $4.4 billion. The active ETFs launched earlier in 2025 have been among the most successful to date, contributing significantly to the overall performance.

Dividend Increase

Reflecting the strong financial performance, Sprott declared a third quarter dividend of $0.40 per share, marking a 33% increase from the previous quarter. This move underscores the company’s commitment to returning value to its shareholders.

Managed Equities Performance

Sprott’s flagship gold equity fund delivered impressive returns, up 44% during the quarter and 105% year-to-date. This performance underscores the firm’s expertise in managing equities, particularly in the precious metals sector.

ETF AUM Growth

The ETF product suite experienced an 83% growth in AUM this year, with most ETFs surpassing breakeven levels. This growth has enhanced the profitability of the ETF business, contributing to the company’s overall financial health.

Executive Appointments

To further strengthen its leadership team, Sprott announced the appointments of Ryan McIntyre as President, and Kevin Hibbert and Arthur Einav as co-COOs. These strategic appointments are expected to drive future growth and operational excellence.

Transitional Accounting Noise

The introduction of a new cash-settled stock plan resulted in transitional accounting noise, impacting net income due to accelerated vesting requirements. While this created some short-term challenges, the company remains focused on its long-term growth strategy.

Uranium ETF Redemptions

The company noted some redemptions from its uranium mining ETFs, as investors shifted their focus to stocks in the downstream segment of the nuclear fuel supply chain. This trend reflects broader market dynamics and investor preferences.

Forward-Looking Guidance

Sprott Inc. provided positive forward-looking guidance, emphasizing a significant increase in AUM driven by strong market performance in gold and silver prices. As of October 31, their AUM surpassed $50 billion, marking a 4% increase from September 30. The firm anticipates continued robust sales, particularly in precious metals and critical materials, and expects its managed equities business to maintain outstanding performance. The substantial growth in their ETF business further supports their optimistic outlook.

In summary, Sprott Inc.’s earnings call highlighted a quarter of strong growth and strategic achievements. The company reported significant increases in AUM and ETF performance, alongside a substantial dividend hike. Despite some transitional accounting challenges, the overall sentiment was positive, with forward-looking guidance suggesting continued growth and success. Investors and market watchers will be keen to see how Sprott leverages these achievements in the coming quarters.