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U S GLOBAL INVESTORS INC (GROW) Create: Alert

All | News | Filings
Date FiledTypeDescription
06/12/2023 8-K Quarterly results
Docs: "U.S. Global Investors Reports Financial Results for the Second Quarter of Fiscal Year 2023 ****************************************************************************** SAN ANTONIO––U.S. Global Investors, Inc. , a registered investment advisory firm with longstanding experience in global markets and specialized sectors from gold mining to emerging markets, today reported operating income of $908,000 for the quarter ended December 31, 2022, on total revenues of $3.7 million. The Company recorded net income of $869,000, or $0.06 per share. Average assets under management for the three-month period ended December 31, 2022, were $2.5 billion. Total AUM at December 31, 2022, was $2.4 billion, an increase of approximately $112 million from the previous quarter. The Company was delayed in submit..."
03/06/2023 8-K Results of Operations and Financial Condition, Non-Reliance on Previously Issued Financial Statements or a Related Audit Repo...
Docs: "U.S. Global Investors Continues Share Repurchases in February and Provides Update on Financial Statements ****************************************************************************** SAN ANTONIO——U.S. Global Investors, Inc. , a registered investment advisory firm with longstanding experience in global markets and specialized sectors, today is pleased to announce that it repurchased 34,502 of its own shares in February 2023, at a net cost of about $108,000. In December 2022, the Board of Directors agreed to modify the Company’s buyback algorithm; the Company may now buy back shares of GROW stock when the price is flat or down from the previous trading day. “In his most recent annual shareholder letter, Warren Buffett discusses the value of share repurchases so long as they’re made at &#82..."
12/21/2022 8-K Quarterly results
11/14/2022 8-K Quarterly results
10/18/2022 8-K Quarterly results
09/02/2022 8-K Quarterly results
Docs: "U.S. Global Investors Announces Results for Fiscal Year 2022, with Operating Income Up 36% Year-over-Year and Operating Margin of 45% ****************************************************************************** SAN ANTONIO––U.S. Global Investors, Inc. , a registered investment advisory firm with longstanding experience in global markets and specialized sectors from gold to airlines, is pleased to report financial results for the fiscal year ended June 30, 2022. For the 12-month period, total operating revenues were $24.7 million, a 14% increase year-over-year . Operating income was $11.1 million, a 36% increase YOY. Operating margin was 45%, up from 38% in fiscal 2021. As of June 30, 2022, the Company had net working capital of approximately $33.9 million, a 57% increase from June 30, 20..."
07/05/2022 8-K Quarterly results
05/10/2022 8-K Quarterly results
02/18/2022 8-K Quarterly results
Docs: "U.S. Global Investors Announces Second-Quarter Net Income of $3.6 Million, an Increase of 50% from Previous Quarter ****************************************************************************** SAN ANTONIO––U.S. Global Investors, Inc. , a registered investment advisory firm with longstanding experience in global markets and specialized sectors from gold mining to cryptocurrencies, today is pleased to report financial results for the fiscal quarter ended December 31, 2021. For the three-month period, total operating revenues were $6.6 million, a slight increase from the previous quarter and an increase of approximately 39% year-over-year . Net income for the quarter was $3.6 million, or $0.24 per share, an increase of 50% quarter-over-quarter. Average assets under management for the three-..."
01/28/2022 8-K Results of Operations and Financial Condition, Financial Statements and Exhibits  Interactive Data
Docs: ""
01/12/2022 8-K Quarterly results
Docs: ""
12/09/2021 8-K Quarterly results
11/19/2021 8-K Results of Operations and Financial Condition, Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard...
Docs: "U.S. Global Investors Announces Results of Non-Cash Adjustments to Its Financial Statements for Periods Ended March 31, 2021 ****************************************************************************** SAN ANTONIO–– U.S. Global Investors, Inc. , a registered investment advisory firm that focuses on specialized markets around the world, today announces that it is filing its restated consolidated financial statements that include non-cash adjustments for the three- and nine-month periods ended March 31, 2021. The Company has also begun the finalization process of its 10-K and expects to file within a few weeks. As discussed in a previous press release, adjustments based on a binomial options pricing model, which have had no impact on the Company’s cash balances for the period, were made to..."
10/18/2021 8-K Results of Operations and Financial Condition, Non-Reliance on Previously Issued Financial Statements or a Related Audit Repo...
Docs: "U.S. Global Investors Announces Non-Cash Adjustments to Its Financial Statements for Periods Ended March 31, 2021 ****************************************************************************** SAN ANTONIO, TX––U.S. Global Investors, Inc. , a registered investment advisory firm that focuses on specialized markets around the world, announces that it will be restating the consolidated financial statements and related disclosures for non-cash adjustments for the three and nine months ended March 31, 2021. The restatement of financials is due to adjustments to the fair value of certain securities held as corporate investments. The adjusted corporate investments were purchased in January 2021 and consist of unsecured convertible debentures and stock purchase warrants issued by HIVE Blockchain Te..."
05/10/2021 8-K Quarterly results
02/05/2021 8-K Quarterly results
11/06/2020 8-K Quarterly results
Docs: "U.S. Global Investors Reports Strong Profitability, with Highest Quarterly Earnings in Over Nine Years ************************************************************************ U.S. Global Investors, Inc. , a boutique registered investment advisory firm with longstanding experience in global markets and specialized sectors, today is pleased to report financial results for the quarter ended September 30, 2020. The previous quarter, ended June 30, 2020, was a critical turning point in and validation of the Company’s strategy to build its ETF presence through substantial and unprecedented growth in the U.S. Global Jets ETF , along with an exponential increase in daily trading volume and liquidity. The growth in both JETS and the U.S. Global GO GOLD and Precious Metal Miners ETF continued in th..."
09/11/2020 8-K Quarterly results
Docs: "U.S. Global Investors Pleased to Report Assets Under Management Up More Than Three Times, Financial Results for the 2020 Fiscal Year ************************************************************************ SAN ANTONIO–September 10, 2020–U.S. Global Investors, Inc. , a boutique registered investment advisory firm with longstanding experience in global markets and specialized sectors, today reported a net loss of $4.7 million, or $0.31 per share, for the fiscal year ended June 30, 2020. This compares to a net loss of $3.4 million, or $0.22 per share, for the prior fiscal year. Operating loss improved in fiscal 2020, from a $2.8 million loss in fiscal 2019 to a $2.4 million loss in fiscal 2020. This was due to an increase in operating revenues, somewhat offset by an increase in operating expe..."
05/28/2020 8-K Submission of Matters to a Vote of Security Holders, Financial Statements and Exhibits
Docs: "APPENDIX"
05/15/2020 8-K Quarterly results
03/04/2020 8-K Quarterly results
02/13/2020 8-K Quarterly results
01/03/2020 8-K Quarterly results
11/08/2019 8-K Quarterly results
Docs: "U.S. Global Investors Reports Financial Results for the First Quarter of 2020 Fiscal Year ************************************************************************ SAN ANTONIO–November 7, 2019–U.S. Global Investors, Inc. , a boutique registered investment advisory firm with longstanding experience in global markets and specialized sectors, today reported a net loss of $3.6 million, or $0.24 per share loss, for the quarter ended September 30, 2019. That’s compared to a net loss of $1.1 million, or $0.08 per share loss, for the same three-month period a year earlier. The increase in loss is primarily attributable to unrealized losses on corporate investments along with a decrease in operating revenue. Net unrealized losses on corporate investments in HIVE Blockchain Technologies Ltd. and Gold..."
09/06/2019 8-K Results of Operations and Financial Condition, Financial Statements and Exhibits
Docs: "U.S. Global Investors Reports Financial Results for the 2019 Fiscal Year ************************************************************************ SAN ANTONIO–September 5, 2019–U.S. Global Investors, Inc. , a boutique registered investment advisory firm with longstanding experience in global markets and specialized sectors, today reported a net loss of $3.4 million, or $0.22 per share loss, for the fiscal year ended June 30, 2019. In comparison, for the previous fiscal year, the Company recorded net income of $647,000 , representing a decrease of approximately $4.0 million. The decrease is primarily attributable to unrealized losses on corporate investments along with a decrease in operating revenue, which was partially offset by a tax benefit. Net unrealized losses on corporate investment ..."
05/10/2019 8-K Quarterly results
Docs: "U.S. Global Investors Reports Improved Net Income on Bounce in Strategic Investments ************************************************************************ SAN ANTONIO–May 9, 2019–U.S. Global Investors, Inc. , a boutique registered investment advisory firm with longstanding experience in global markets and specialized sectors, today reported net income of $779,000 for the quarter ended March 31, 2019, compared to a loss of $1.1 million a year earlier. This increase of approximately $1.8 million is primarily due to an increase in investment income resulting from unrealized gains and a positive change in income from equity method investments, which was partially offset by an increase in tax expense. Total consolidated net income for the three months ended March 31, 2019, increased approxim..."
02/14/2019 8-K Quarterly results
11/13/2018 8-K Quarterly results
Docs: "U.S. Global Investors Reports Financial Results for the First Quarter of 2019 Fiscal Year ************************************************************************ SAN ANTONIO–November 8, 2018–U.S. Global Investors, Inc. , a boutique registered investment advisory firm with longstanding experience in global markets and specialized sectors, today reported a net loss of $1.1 million, or $0.08 per share, for the quarter ended September 30, 2018. The loss is primarily due to investment losses related to decreases in unrealized gains and a decrease in revenues, a result of a decline in assets under management . Adoption of New Accounting Pronouncement Increased Volatility of Earnings The most significant contributor to the quarterly net loss was related to the Company’ s adoption of a new accoun..."
09/07/2018 8-K Quarterly results
Docs: "U.S. Global Investors Reports Financial Results for the 2018 Fiscal Year ************************************************************************ SAN ANTONIO–September 6, 2018–U.S. Global Investors, Inc. , a boutique registered investment advisory firm with longstanding experience in global markets and specialized sectors, today reported net income of $647,000, or $0.04 per share, for the fiscal year ended June 30, 2018. In comparison, for the previous fiscal year, the Company recorded a net loss of $513,000 , representing an increase in net income of approximately $1.2 million. The increase is primarily due to income from equity method investments of $1.6 million. Assets under management for fiscal year 2018 fell in comparison to the same period in 2017, leading to a decrease in operating..."
06/01/2018 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements...
Docs: "SAN ANTONIO——U.S. Global Investors, Inc. , a boutique registered investment advisory firm with longstanding experience in global markets and specialized sectors, announced today the resignation of Susan McGee as President, General Counsel and Chief Compliance Officer. Ms. McGee will be leaving the company effective May 31, 2018. She has been asked to join a fund board at Goldman Sachs Asset Management, effective June 1, 2018, where she can utilize her legal and operational expertise with mutual funds and publicly traded companies. She will continue to practice law and spend more time with her family. CEO Frank Holmes said, “Susan has made many contributions to U.S. Global Investors during her time here. On behalf of the entire company, I would like to extend my sincerest gratitude for her ..."
05/11/2018 8-K Quarterly results
Docs: "SAN ANTONIO–May 10, 2018–U.S. Global Investors, Inc. , a boutique registered investment advisory firm with longstanding experience in global markets and specialized sectors, today reported a net loss of $1.1 million, or $0.07 per share for the quarter ended March 31, 2018. For the nine-month period, however, net income was $959,000, or $0.06 per share, an increase of more than 300 percent compared to the same period last year. The most significant contributor to the quarterly net loss was related to the Company’s investment in the Galileo Partners Fund , managed by Galileo Equity Advisors. Toronto-based Galileo Equity Advisors is a 65-percent owned subsidiary of U.S. Global Investors. The primary investment in the Galileo Fund is HIVE Blockchain Technologies , the first publicly-traded fir..."
02/15/2018 8-K Quarterly results
Docs: "SAN ANTONIO–February 14, 2018–U.S. Global Investors, Inc. , a boutique registered investment advisory firm with longstanding experience in global markets and specialized sectors, today reported earnings of $749,000, or $0.05 per share, for the quarter ended December 31, 2017. This was a significant improvement over the same quarter the previous year, which had net income of $8,000, or $0.00 per share. As was the case in the first quarter, the improvement in income was mainly due to an investment accounted for under the equity method in a fund managed by Galileo Global Equity Advisors Inc. . The Company and the Galileo fund made strategic investments in HIVE Blockchain Technologies, the first publicly-traded firm involved in the business of mining new digital currencies, also known as crypt..."
11/09/2017 8-K Quarterly results
Docs: "SAN ANTONIO–November 9, 2017–U.S. Global Investors, Inc. , a boutique registered investment advisory firm with longstanding experience in global markets and specialized sectors, today reported earnings of $1.27 million, or $0.08 per share, on operating revenues of $1.5 million for the quarter ended September 30, 2017. This was a significant 383 percent improvement over the same quarter the previous year, which had net income of $263,000, or $0.02 per share, on operating revenues of $1.98 million. The improvement in income was due to an investment accounted for under the equity method in a fund managed by Galileo Global Equity Advisors . The Company and the Galileo fund made strategic investments in HIVE Blockchain Technologies, the first publicly-traded firm involved in the business of min..."
09/13/2017 8-K Quarterly results
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