Brief: Sprott Q2 Net Income USD 13.501 Million

Sprott

06/08/2025 12:01

Overview

Sprott Q2 AUM rises 14% qtr/qtr, driven by precious metals and uranium

Net Fees for Q2 up 54% yr/yr, reflecting higher management and performance fees

Adjusted EBITDA for Q2 grows 14% yr/yr, benefiting from market appreciation

Outlook

Company sees positive market conditions for precious metals and critical materials

Sprott expects continued growth in investor allocations to precious metals strategies

Result Drivers

AUM GROWTH - Driven by market value appreciation in precious metals and uranium, and net inflows to physical trusts

REVENUE INCREASE - Higher management and performance fees due to increased average AUM and inflows

COMMISSION DECLINE - Decrease attributed to last year's higher activity in physical copper trust and uranium trust

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 EPS
$0.52
Q2 Net Income
$13.50 mln
Q2 Adjusted EBITDA
$25.45 mln
Q2 Assets Under Management
$40.04 bln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the investment management & fund operators peer group is "buy"

Wall Street's median 12-month price target for Sprott Inc is C$89.50, about 5.7% below its August 5 closing price of C$94.62

The stock recently traded at 29 times the next 12-month earnings vs. a P/E of 26 three months ago

Press Release: ID:nGNX2Hk8Dz

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)