Significant Asset Growth
Assets Under Management (AUM) increased by $5 billion in the second quarter to $40 billion, up 14% from the previous quarter and 27% year-over-year.
Strong ETF Launches
The Sprott Active Gold and Silver Miners ETF and Sprott Silver Miners and Physical Silver ETF have been two of the most successful launches, reaching key AUM thresholds quickly.
Record Performance in Physical Trusts
The physical trusts product suite reached an all-time high of $31 billion AUM as of August 1, driven by strong performance in gold, silver, platinum, palladium, and uranium.
Positive Adjusted EBITDA Growth
Adjusted EBITDA was $25.5 million for the quarter, up 14% year-over-year, benefiting from higher average AUM and market value appreciation.