Sprott Earnings Call Transcripts
Fiscal Year 2025
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AUM surged to $59.6B in 2025 and $70.1B by Feb 2026, driven by strong ETF and physical trust inflows, record net income, and robust managed equity performance. Outlook for 2026 is positive amid expected volatility and new product launches.
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AUM surged past $50 billion, driven by strong metals prices and record net flows, with managed equities and ETFs delivering standout performance. Dividend was raised 33% amid robust earnings, and the outlook remains positive as institutional demand grows.
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AUM rose to $40 billion, up 14% sequentially, with strong net sales and market appreciation across metals. Adjusted EBITDA grew 14% year-over-year, and new ETF launches surpassed AUM milestones. Market volatility and geopolitical factors continue to drive performance and risk.
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AUM grew 11% in Q1 to $35.1B, driven by gold price surges and strong inflows, with net income up 3% year-over-year. Institutional investors are leading inflows, and new ETF launches are off to strong starts. Gold, silver, and uranium remain key growth areas.
Fiscal Year 2024
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AUM grew 10% year-over-year to $31.5B in 2024, with net income up 18% and strong performance in precious metals and ETFs. Management expects continued volatility in 2025 but remains confident in long-term demand for critical materials and plans to return excess cash to shareholders.
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AUM reached record highs, driven by strong inflows and rising precious metals prices, with net income up 87% year-over-year. Dividend was raised 20%, and the company expects to be debt-free by November, while preparing to launch new ETFs in 2025.
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AUM hit a record $31.1B in Q2, with strong net sales and a successful Copper Trust IPO. Net income declined year-over-year due to a prior non-recurring gain, but adjusted EBITDA and segment performance improved. Management remains optimistic amid market volatility.