SAMG Q2 2024 Earnings — Silvercrest Asset Management Group Inc. Revenue & Financial Results | Market Cap Arena

SAMGSilvercrest Asset Management Group Inc.

$120M

Q2 2024 Earnings

Financial Services Asset Management

Income Statement

Revenue

$31M+4.3% YoY

Gross Profit

$13M42.0% margin

Operating Income

$5M17.1% margin

Net Income

$3M8.6% margin

EPS (Diluted)

$0.28

QoQ Revenue Growth

+2.4%

Cash Flow

Operating Cash Flow

$16M

Free Cash Flow

$16M

Stock-Based Comp.

$485,000

Balance Sheet

Total Assets

$178M

Total Liabilities

$54M

Stockholders' Equity

$85M

Cash & Equivalents

$50M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$31M	$30M	+4.3%
Gross Profit	$13M	$13M	-2.6%
Operating Income	$5M	$7M	-18.5%
Net Income	$3M	$3M	-13.6%

Revenue Segments

Investment Advisory, Management and Administrative Service

$30M96%

Family Office Services

$1M4%