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P10, Inc. Stock Research

PX

9.25USD+0.14(+1.54%)Market Closed

Market Summary

USD9.25+0.14
Market Closed
1.54%

PX Stock Price

PX RSI Chart

PX Valuation

Market Cap

1.1M

Price/Earnings (Trailing)

0.04

Price/Sales (Trailing)

0.01

EV/EBITDA

4.21

Price/Free Cashflow

0.02

PX Price/Sales (Trailing)

PX Profitability

EBT Margin

13.44%

Return on Equity

6.38%

Return on Assets

4%

Free Cashflow Yield

4.7K%

PX Fundamentals

PX Revenue

Revenue (TTM)

185.6M

Revenue Y/Y

31.07%

Revenue Q/Q

6.97%

PX Earnings

Earnings (TTM)

26.0M

Earnings Y/Y

56.72%

Earnings Q/Q

-49.64%

Price Action

52 Week Range

8.9413.78
(Low)(High)

Last 7 days

-11.5%

Last 30 days

-19.6%

Last 90 days

-12.8%

Trailing 12 Months

-22.8%

PX Financial Health

Debt/Equity

0.42

Debt/Cashflow

0.31

PX Investor Care

Dividend Yield

1.3%

Dividend/Share (TTM)

0.12

Buy Backs (1Y)

99.81%

Diluted EPS (TTM)

0.2

Financials for P10

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue6.8%186174161151130
Operating Expenses10.3%136123118110102
  S&GA Expenses9.8%15.0014.0012.0010.008.00
EBITDA-1.6%36.0037.0029.0025.0028.00
EBITDA Margin-7.9%0.20*0.21*0.18*0.17*0.22*
Earnings Before Taxes9.9%25.0023.0011.004.008.00
EBT Margin2.9%0.13*0.13*0.07*0.02*0.06*
Interest Expenses-21.1%11.0014.0017.0021.0020.00
Net Income8.5%26.0024.0015.009.0028.00
Net Income Margin1.6%0.14*0.14*0.09*0.06*0.22*
Free Cahsflow-4.8%51.0054.0047.0049.0035.00
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets-1.0%648655656676644
    Cash Equivalents-17.8%19.0024.0024.0041.0022.00
  Net PPE6.5%3.002.001.001.001.00
  Goodwill0%41941941941943.00
Liabilities-4.6%241253264281376
  Long Term Debt-9.1%171188188212316
Shareholder's Equity1.2%40740239239569.00
  Retained Earnings2.4%-230-236-247-255-256
  Additional Paid-In Capital0.4%641639639650326
Accumulated Depreciation26.2%1.000.001.000.000.00
Shares Outstanding0.0%0.000.00---
Float-482----
Cashflow (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations-4.3%52.0055.0047.0049.0035.00
  Share Based Compensation100.6%14.007.005.004.002.00
Cashflow From Investing95.6%-2.09-47.08-46.64-47.40-214
Cashflow From Financing-4218.8%-57.48-1.3312.0029.00190
  Dividend PaymentsInfinity%14.000.000.00--
  Buy Backs0%50.0050.000.00--

Risks for PX

What is the probability of a big loss on PX?

60.8%


Probability that P10 stock will be more than 20% underwater in next one year

8.1%


Probability that P10 stock will be more than 30% underwater in next one year.

0%


Probability that P10 stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does PX drawdown profile look like?

Y-axis is the maximum loss one would have experienced if P10 was unfortunately bought at previous high price.

Drawdowns

Returns for PX

Cumulative Returns on PX

Which funds bought or sold PX recently?

View All Details
Datesorted ascendingFund NameType% 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
-
-
-
-%

1–10 of 47

Latest Funds Activity

Are funds buying PX calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own PX
No. of Funds

P10 News

Simply Wall St

P10 Full Year 2022 Earnings: Revenues Beat Expectations, EPS Lags.

Simply Wall St,
10 days ago

InvestorsObserver

Yahoo Finance

Marketscreener.com

Benzinga

Investor's Business Daily

Yahoo Finance

P10 (PX) Rebounded From Lows.

Yahoo Finance,
38 days ago

Schedule 13G FIlings of P10

Date FiledName of FilerPercent of ClassNo. of SharesForm 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

PX Fair Value

Recent SEC filings of P10

View All Filings
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

Latest Insider Trading transactions for PX

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
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

1–10 of 49

Robert H. Alpert
P10, Inc., together with its subsidiaries, operates as a multi-asset class private market solutions provider in the alternative asset management industry in the United States. The company offers private equity, venture capital, private credit, impact investing, and private credit services, as well as primary fund of funds, secondary investment, and direct and co-investments services. It also provides tax credit transaction and consulting services. The company was founded in 1992 and is headquartered in Dallas, Texas.

PX Income Statement

2022-09-30
Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended9 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 benefits23,98414,05560,29338,328
Professional fees4,0642,9019,4169,038
General, administrative and other4,0312,66712,3936,919
Contingent consideration expense1,380(26)1,367134
Amortization of intangibles6,1537,48418,48722,452
Strategic alliance expense12404290
Total operating expenses39,73627,081102,38576,871
INCOME FROM OPERATIONS10,26011,06437,63028,030
OTHER (EXPENSE)/INCOME    
Interest expense implied on notes payable to sellers0(223)0(657)
Interest expense, net(2,358)(5,261)(5,268)(15,761)
Other income1832571,303802
Total other (expense)(2,175)(5,227)(3,965)(15,616)
Net income before income taxes8,0855,83733,66512,414
Income tax expense(2,468)(1,759)(9,102)(3,154)
NET INCOME5,6174,07824,5639,260
Less: preferred dividends attributable to redeemable noncontrolling interest0(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 share0.050.040.200.08
Dividends paid per share$ 0.03$ 0$ 0.06$ 0
Weighted average shares outstanding, basic117,21062,465117,21062,465
Weighted average shares outstanding, diluted121,53266,788121,36266,703
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

PX Balance Sheet

2022-09-30
Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
ASSETS  
Cash and cash equivalents$ 19,415$ 40,916
Restricted cash1,3472,566
Accounts receivable5,4072,854
Note receivable4,0012,552
Due from related parties30,35912,357
Investment in unconsolidated subsidiaries2,1371,803
Prepaid expense and other assets3,5964,759
Property and equipment, net2,513981
Right-of-use assets13,05214,789
Deferred tax assets, net37,32145,151
Intangibles, net110,449128,788
Goodwill418,690418,701
Total assets648,287676,217
LIABILITIES:  
Accounts payable1,901401
Accrued expenses4,9586,009
Accrued compensation and benefits8,8186,465
Due to related parties1,5192,258
Other liabilities6021,808
Contingent consideration24,33022,963
Deferred revenues12,74812,953
Lease liabilities15,42515,700
Debt obligations170,774212,496
Total liabilities241,075281,053
COMMITMENTS AND CONTINGENCIES (NOTE 14)
STOCKHOLDERS' EQUITY:  
Treasury stock(3,439)(273)
Additional paid-in-capital641,055650,405
Accumulated deficit(230,521)(255,085)
Total stockholders' equity407,212395,164
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY648,287676,217
Common Class A [Member]  
STOCKHOLDERS' EQUITY:  
Common stock value4134
Common Class B [Member]  
STOCKHOLDERS' EQUITY:  
Common stock value$ 76$ 83