Last 7 days
-11.5%
Last 30 days
-19.6%
Last 90 days
-12.8%
Trailing 12 Months
-22.8%
Income Statement (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 |
Revenue | 6.8% | 186 | 174 | 161 | 151 | 130 |
Operating Expenses | 10.3% | 136 | 123 | 118 | 110 | 102 |
S&GA Expenses | 9.8% | 15.00 | 14.00 | 12.00 | 10.00 | 8.00 |
EBITDA | -1.6% | 36.00 | 37.00 | 29.00 | 25.00 | 28.00 |
EBITDA Margin | -7.9% | 0.20* | 0.21* | 0.18* | 0.17* | 0.22* |
Earnings Before Taxes | 9.9% | 25.00 | 23.00 | 11.00 | 4.00 | 8.00 |
EBT Margin | 2.9% | 0.13* | 0.13* | 0.07* | 0.02* | 0.06* |
Interest Expenses | -21.1% | 11.00 | 14.00 | 17.00 | 21.00 | 20.00 |
Net Income | 8.5% | 26.00 | 24.00 | 15.00 | 9.00 | 28.00 |
Net Income Margin | 1.6% | 0.14* | 0.14* | 0.09* | 0.06* | 0.22* |
Free Cahsflow | -4.8% | 51.00 | 54.00 | 47.00 | 49.00 | 35.00 |
Balance Sheet | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 |
Assets | -1.0% | 648 | 655 | 656 | 676 | 644 |
Cash Equivalents | -17.8% | 19.00 | 24.00 | 24.00 | 41.00 | 22.00 |
Net PPE | 6.5% | 3.00 | 2.00 | 1.00 | 1.00 | 1.00 |
Goodwill | 0% | 419 | 419 | 419 | 419 | 43.00 |
Liabilities | -4.6% | 241 | 253 | 264 | 281 | 376 |
Long Term Debt | -9.1% | 171 | 188 | 188 | 212 | 316 |
Shareholder's Equity | 1.2% | 407 | 402 | 392 | 395 | 69.00 |
Retained Earnings | 2.4% | -230 | -236 | -247 | -255 | -256 |
Additional Paid-In Capital | 0.4% | 641 | 639 | 639 | 650 | 326 |
Accumulated Depreciation | 26.2% | 1.00 | 0.00 | 1.00 | 0.00 | 0.00 |
Shares Outstanding | 0.0% | 0.00 | 0.00 | - | - | - |
Float | - | 482 | - | - | - | - |
Cashflow (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 |
Cashflow From Operations | -4.3% | 52.00 | 55.00 | 47.00 | 49.00 | 35.00 |
Share Based Compensation | 100.6% | 14.00 | 7.00 | 5.00 | 4.00 | 2.00 |
Cashflow From Investing | 95.6% | -2.09 | -47.08 | -46.64 | -47.40 | -214 |
Cashflow From Financing | -4218.8% | -57.48 | -1.33 | 12.00 | 29.00 | 190 |
Dividend Payments | Infinity% | 14.00 | 0.00 | 0.00 | - | - |
Buy Backs | 0% | 50.00 | 50.00 | 0.00 | - | - |
60.8%
8.1%
0%
Y-axis is the maximum loss one would have experienced if P10 was unfortunately bought at previous high price.
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | added | 7.7 | 155,893 | 1,850,890 | -% |
2023-02-24 | NATIXIS | sold off | -100 | -105,000 | - | -% |
2023-02-15 | State of Wyoming | new | - | 249,987 | 249,987 | 0.08% |
2023-02-15 | JANE STREET GROUP, LLC | new | - | 328,497 | 328,497 | -% |
2023-02-15 | ALLIANCEBERNSTEIN L.P. | reduced | -3.23 | -558,395 | 29,542,600 | 0.01% |
2023-02-15 | CAPTRUST FINANCIAL ADVISORS | unchanged | - | 1,375 | 133,375 | -% |
2023-02-14 | MORGAN STANLEY | reduced | -38.67 | -174,696 | 288,304 | -% |
2023-02-14 | STATE STREET CORP | added | 22.58 | 303,744 | 1,553,740 | -% |
2023-02-14 | CITADEL ADVISORS LLC | added | 78.84 | 1,130,800 | 2,521,800 | -% |
2023-02-14 | Royal Bank of Canada | new | - | - | - | -% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Feb 28, 2023 | altai capital management, l.p. | 0.0% | 0 | SC 13G/A | |
Feb 14, 2023 | blatherwick nell m. | 2.7% | 1,145,694 | SC 13G | |
Feb 14, 2023 | t. rowe price investment management, inc. | 10.9% | 4,461,425 | SC 13G/A | |
Feb 13, 2023 | conversant capital llc | 6.0% | 2,459,702 | SC 13G/A | |
Feb 13, 2023 | grandeur peak global advisors, llc | 3.59% | 1,468,231 | SC 13G | |
Feb 09, 2023 | vanguard group inc | 8.82% | 3,608,355 | SC 13G/A | |
Feb 07, 2023 | goldman sachs asset management, l.p. | 2.2% | 887,620 | SC 13G/A | |
Feb 01, 2023 | federated hermes, inc. | 7.78% | 3,181,933 | SC 13G/A | |
Jun 30, 2022 | dauten kent p | 7.7% | 6,583,091 | SC 13G | |
Jun 28, 2022 | keystone capital xxx, llc | 0% | 0 | SC 13G/A |
Date Filed | Form Type | Document | |
---|---|---|---|
Mar 15, 2023 | 4 | Insider Trading | |
Mar 14, 2023 | 4 | Insider Trading | |
Mar 14, 2023 | 4 | Insider Trading | |
Mar 14, 2023 | 4 | Insider Trading | |
Mar 14, 2023 | 4 | Insider Trading | |
Mar 14, 2023 | 4 | Insider Trading | |
Mar 06, 2023 | 8-K | Current Report | |
Feb 28, 2023 | SC 13G/A | Major Ownership Report | |
Feb 14, 2023 | SC 13G | Major Ownership Report | |
Feb 14, 2023 | SC 13G/A | Major Ownership Report |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-03-02 | Gehl Jeff Patrick | acquired | - | - | 33,540 | see remarks |
2023-03-02 | Souder William F. | acquired | - | - | 33,540 | chief operating officer |
2023-03-02 | Coussens Amanda N. | acquired | - | - | 8,385 | see remarks |
2023-03-02 | Gehl Jeff Patrick | sold (taxes) | -178,270 | 10.82 | -16,476 | see remarks |
2023-03-02 | Coussens Amanda N. | sold (taxes) | -22,094 | 10.82 | -2,042 | see remarks |
2023-03-02 | Blatherwick Nell M. | acquired | - | - | 71,692 | - |
2023-03-02 | 210 Capital, LLC | sold (taxes) | -88,096 | 10.82 | -8,142 | see remarks |
2023-03-02 | 210 Capital, LLC | acquired | - | - | 33,540 | see remarks |
2023-03-02 | Blatherwick Nell M. | sold (taxes) | -217,082 | 10.82 | -20,063 | - |
2023-03-02 | Souder William F. | sold (taxes) | -88,085 | 10.82 | -8,141 | chief operating officer |
Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended | ||
---|---|---|---|---|
Sep. 30, 2022 | Sep. 30, 2021 | Sep. 30, 2022 | Sep. 30, 2021 | |
REVENUES | ||||
Total revenues | $ 49,996 | $ 38,145 | $ 140,015 | $ 104,901 |
OPERATING EXPENSES | ||||
Compensation and benefits | 23,984 | 14,055 | 60,293 | 38,328 |
Professional fees | 4,064 | 2,901 | 9,416 | 9,038 |
General, administrative and other | 4,031 | 2,667 | 12,393 | 6,919 |
Contingent consideration expense | 1,380 | (26) | 1,367 | 134 |
Amortization of intangibles | 6,153 | 7,484 | 18,487 | 22,452 |
Strategic alliance expense | 124 | 0 | 429 | 0 |
Total operating expenses | 39,736 | 27,081 | 102,385 | 76,871 |
INCOME FROM OPERATIONS | 10,260 | 11,064 | 37,630 | 28,030 |
OTHER (EXPENSE)/INCOME | ||||
Interest expense implied on notes payable to sellers | 0 | (223) | 0 | (657) |
Interest expense, net | (2,358) | (5,261) | (5,268) | (15,761) |
Other income | 183 | 257 | 1,303 | 802 |
Total other (expense) | (2,175) | (5,227) | (3,965) | (15,616) |
Net income before income taxes | 8,085 | 5,837 | 33,665 | 12,414 |
Income tax expense | (2,468) | (1,759) | (9,102) | (3,154) |
NET INCOME | 5,617 | 4,078 | 24,563 | 9,260 |
Less: preferred dividends attributable to redeemable noncontrolling interest | 0 | (494) | 0 | (1,483) |
NET INCOME ATTRIBUTABLE TO P10 | $ 5,617 | $ 3,584 | $ 24,563 | $ 7,777 |
Earnings per share | ||||
Basic earnings per share | $ 0.05 | $ 0.04 | $ 0.21 | $ 0.09 |
Diluted earnings per share | 0.05 | 0.04 | 0.20 | 0.08 |
Dividends paid per share | $ 0.03 | $ 0 | $ 0.06 | $ 0 |
Weighted average shares outstanding, basic | 117,210 | 62,465 | 117,210 | 62,465 |
Weighted average shares outstanding, diluted | 121,532 | 66,788 | 121,362 | 66,703 |
Management and Advisory Fees | ||||
REVENUES | ||||
Total revenues | $ 49,479 | $ 37,939 | $ 138,957 | $ 104,029 |
Other Revenue [Member] | ||||
REVENUES | ||||
Total revenues | $ 517 | $ 206 | $ 1,058 | $ 872 |
Consolidated Balance Sheets - USD ($) $ in Thousands | Sep. 30, 2022 | Dec. 31, 2021 |
---|---|---|
ASSETS | ||
Cash and cash equivalents | $ 19,415 | $ 40,916 |
Restricted cash | 1,347 | 2,566 |
Accounts receivable | 5,407 | 2,854 |
Note receivable | 4,001 | 2,552 |
Due from related parties | 30,359 | 12,357 |
Investment in unconsolidated subsidiaries | 2,137 | 1,803 |
Prepaid expense and other assets | 3,596 | 4,759 |
Property and equipment, net | 2,513 | 981 |
Right-of-use assets | 13,052 | 14,789 |
Deferred tax assets, net | 37,321 | 45,151 |
Intangibles, net | 110,449 | 128,788 |
Goodwill | 418,690 | 418,701 |
Total assets | 648,287 | 676,217 |
LIABILITIES: | ||
Accounts payable | 1,901 | 401 |
Accrued expenses | 4,958 | 6,009 |
Accrued compensation and benefits | 8,818 | 6,465 |
Due to related parties | 1,519 | 2,258 |
Other liabilities | 602 | 1,808 |
Contingent consideration | 24,330 | 22,963 |
Deferred revenues | 12,748 | 12,953 |
Lease liabilities | 15,425 | 15,700 |
Debt obligations | 170,774 | 212,496 |
Total liabilities | 241,075 | 281,053 |
COMMITMENTS AND CONTINGENCIES (NOTE 14) | ||
STOCKHOLDERS' EQUITY: | ||
Treasury stock | (3,439) | (273) |
Additional paid-in-capital | 641,055 | 650,405 |
Accumulated deficit | (230,521) | (255,085) |
Total stockholders' equity | 407,212 | 395,164 |
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | 648,287 | 676,217 |
Common Class A [Member] | ||
STOCKHOLDERS' EQUITY: | ||
Common stock value | 41 | 34 |
Common Class B [Member] | ||
STOCKHOLDERS' EQUITY: | ||
Common stock value | $ 76 | $ 83 |