BAM Q1 2024 Earnings — Brookfield Asset Management Ltd. Revenue & Financial Results | Market Cap Arena

BAMBrookfield Asset Management Ltd.

$75B

Q1 2024 Earnings

Financial Services Asset Management

Income Statement

Revenue

$884M-16.1% YoY

Gross Profit

$609M68.9% margin

Operating Income

$600M67.9% margin

Net Income

$441M49.9% margin

EPS (Diluted)

$0.28

QoQ Revenue Growth

-21.8%

Cash Flow

Operating Cash Flow

$516M

Free Cash Flow

$516M

Stock-Based Comp.

$20M

Balance Sheet

Total Assets

$3.2B

Total Liabilities

$978M

Stockholders' Equity

$2.2B

Cash & Equivalents

$9M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$884M	$1.1B	-16.1%
Gross Profit	$609M	$755M	-19.3%
Operating Income	$600M	$748M	-19.8%
Net Income	$441M	$516M	-14.5%