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Sprott Inc (SII)
:SII
Earnings Data
Report Date
May 02, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.47Last Year’s EPS
0.45Same Quarter Last Year
Strong Buy
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 26, 2025
|% Change Since: 5.11%
|Next Earnings Date:May 02, 2025
Earnings Call Sentiment|Positive
The earnings call reflected a strong fiscal year for Sprott, marked by continued AUM growth and improved financial performance, though tempered by quarterly challenges, particularly in the uranium market and equity strategy redemptions. However, the company's strategic initiatives, including new ETF launches and a focus on debt reduction, position it well for future growth amidst market uncertainties.Company Guidance
During the Sprott Incorporated 2024 Fourth Quarter Results Conference Call, management provided an overview of the company's financial performance and strategic initiatives. The company reported a seventh consecutive year of double-digit AUM growth, with assets under management (AUM) increasing by $2.8 billion to $31.5 billion as of December 31, 2024. The momentum continued into 2025, with AUM rising by an additional $2 billion to $33.5 billion. Net income for the fourth quarter was $11.7 million, a 21% increase from the same period last year, and full-year net income was $49.3 million, up 18% year-over-year. Adjusted base EBITDA for the quarter was $22.4 million, representing a 19% increase from the previous year. The company highlighted significant growth in its precious metals physical trusts and net inflows to exchange-listed products, which contributed to the strong financial performance. Additionally, Sprott launched two new ETFs and increased its quarterly dividend by 20%, while also achieving a debt-free balance sheet by paying down its line of credit in the fourth quarter. Looking ahead, Sprott remains optimistic about the potential for further AUM growth, driven by rising precious metals prices and ongoing expansion of its critical materials offerings.Seventh Consecutive Year of Double-Digit AUM Growth
Sprott achieved a 10% increase in AUM, reaching $31.5 billion by the end of 2024, driven by rising precious metal prices and $700 million in net sales, mostly in exchange-listed products.
Strong Financial Performance
Net income for the quarter was $11.7 million, up 21% year-over-year. For the full year, net income rose 18% to $49.3 million. Adjusted base EBITDA for the year increased 18% to $85.2 million.
Debt-Free Status and Dividend Increase
Sprott paid down its line of credit, resulting in a debt-free balance sheet, and increased its quarterly dividend by 20% in November.
Launch of New ETFs
Sprott expanded its ETF offerings with the launch of the Sprott Silver Miners & Physical Silver ETF and the Sprott Active Gold and Silver Miners ETF, both receiving positive initial traction.
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SII Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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SII Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 26, 2025 | $42.50 | $43.43 | +2.19% |
| Nov 06, 2024 | $44.81 | $42.53 | -5.09% |
| Aug 07, 2024 | $39.47 | $38.56 | -2.31% |
| May 08, 2024 | $39.93 | $39.65 | -0.70% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Sprott Inc (SII) report earnings?
Sprott Inc (SII) is schdueled to report earning on May 02, 2025, TBA Not Confirmed.
What is Sprott Inc (SII) earnings time?
Sprott Inc (SII) earnings time is at May 02, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SII EPS forecast?
SII EPS forecast for the fiscal quarter 2025 (Q1) is 0.47.
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