Workflow
U.S. Global Investors(GROW)
icon
Search documents
U.S. Global Investors Reports Results for the Third Quarter of 2025 Fiscal Year, Initiates Strategy to Increase Its Investment in the Bitcoin Ecosystem
Globenewswire· 2025-05-08 21:39
Core Viewpoint - U.S. Global Investors, Inc. reported a net loss for Q1 2025 amid challenging market conditions, while emphasizing strategic investments in gold and digital assets as potential growth areas [1][2][3]. Financial Performance - The company reported operating revenues of $2.1 million and a net loss of $382,000, or $0.03 per share, for the quarter ended March 31, 2025 [1][21]. - Total assets under management (AUM) decreased to approximately $1.2 billion from $1.5 billion at the end of 2024 [1]. Investment Strategies - The company is increasing its investment in Bitcoin and HIVE Digital Technologies, citing a favorable regulatory environment for digital assets [3]. - The company's shareholder yield as of March 31, 2025, was 10.5%, significantly higher than the yields on five-year and ten-year Treasury bonds [2]. Market Trends - The U.S. Global Technology and Aerospace & Defense ETF (WAR) launched in December 2024, is gaining traction amid rising geopolitical risks and increased global defense spending, which reached a record $2.7 trillion in 2024 [4][5]. - Gold prices reached all-time highs in early 2025, with global demand hitting nearly 5,000 metric tons in 2024, primarily driven by central bank purchases [9][10]. Shareholder Initiatives - The company approved a monthly dividend of $0.0075 per share starting in April 2025, with scheduled payment dates through June 2025 [15]. - A share repurchase program allows for the annual purchase of up to $5 million of outstanding common shares, with 784,466 shares repurchased in the 12 months ending March 31, 2025, marking a 12% increase from the previous year [16]. Liquidity Position - As of March 31, 2025, the company reported approximately $26.3 million in cash and cash equivalents, providing substantial flexibility for future opportunities [19].
U.S. Global Investors Announces Third Quarter of Fiscal 2025 Webcast
Globenewswire· 2025-05-02 20:05
Core Viewpoint - U.S. Global Investors, Inc. will host a webcast on May 9, 2025, to discuss its third-quarter results for fiscal year 2025, with financial data to be released beforehand [1]. Group 1: Company Overview - U.S. Global Investors, Inc. has a history of over 50 years, starting as an investment club and evolving into a registered investment adviser focusing on niche markets globally [2]. - The company is headquartered in San Antonio, Texas, and provides investment management and services for U.S. Global Investors Funds and U.S. Global ETFs [2]. Group 2: Webcast Details - The webcast is scheduled for May 9, 2025, at 7:30 a.m. Central time, featuring key executives including the CEO, CFO, and Director of Marketing [1]. - Registration for the webcast is available through a provided link [2].
Frank Talk: Trump's coal comeback could face a brutal economic reality
Proactiveinvestors NA· 2025-04-17 15:23
Core Insights - The U.S. is experiencing a surge in electricity demand driven by AI, electric vehicles, and reindustrialization efforts, prompting a political push to revive the coal industry [1][3] - Despite this political revival, the long-term economic viability of coal is questioned, with a significant shift towards renewable energy sources being observed [5][15] Group 1: Coal Industry Developments - President Trump signed an executive order to revive the coal industry, reclassifying coal as a critical mineral and facilitating mining and coal-fired electricity support [2] - Peabody Energy Corporation, the largest U.S. coal producer, saw a 9.21% increase in stock price recently, although its value has dropped nearly 60% since Election Day [4] Group 2: Economic Viability of Coal - The levelized cost of electricity (LCOE) for new coal plants is more than double that of solar, wind, and natural gas, indicating coal's struggle to compete on cost [6] - Coal's share of power generation in advanced economies has been declining since 2007, with U.S. coal consumption falling 4% last year and fossil fuels' share of the electricity mix dropping below 50% for the first time [7][11] Group 3: Renewable Energy Trends - Renewable energy capacity additions surged by 25% last year, with solar expected to account for over half of new generating capacity in the U.S. this year [12] - Renewables are now cheaper than operating most existing coal plants, with 99% of U.S. coal plants potentially replaceable by new solar or wind at a lower cost [13] Group 4: Future Energy Consumption - Electricity consumption by data centers is projected to more than double by 2030, highlighting the need for sustainable energy solutions rather than reliance on coal [14] - The global transition to cleaner energy is underway, and investors are encouraged to follow the data and trends in renewable energy [15]
U.S. Global Investors Announces Continuation of Monthly Dividends, Shares Positive Outlook for Gold Equities as Gold Tops $3,000 for the First Time Ever
Newsfilter· 2025-03-17 15:00
San Antonio, TX, March 17, 2025 (GLOBE NEWSWIRE) -- U.S. Global Investors, Inc. (NASDAQ: GROW), a registered investment advisory firm[1] with expertise in gold mining stocks and the airline industry, is pleased to announce that it will continue its payment of monthly dividends. The Company's Board of Directors (the "Board") approved payment of the $0.0075 per share per month dividend beginning in April 2025 and continuing through June 2025. The record dates are April 14, May 12 and June 16, and the payment ...
Frank Talk: Is it time for the US to revalue its gold reserves?
Proactiveinvestors NA· 2025-02-28 19:58
Gold has long been a cornerstone of global finance, prized for its stability in times of uncertainty. But last week, the precious metal made history, soaring to an all-time high of $2,940 per ounce and pushing its total market value past $20 trillion for the first time ever. While safe-haven demand has fueled much of this surge, another potential catalyst is emerging—one that could send prices even higher: the revaluation of America's vast gold reserves. The U.S. holds the largest gold reserves globally, bu ...
U.S. Global Investors(GROW) - 2025 Q2 - Earnings Call Transcript
2025-02-13 23:24
U.S. Global Investors, Inc. (NASDAQ:GROW) Q2 2025 Earnings Conference Call February 13, 2025 8:30 AM ET Company Participants Conference Call Participants Holly Schoenfeld [Starts Abruptly] On slide number three, during this webcast, we may make forward-looking statements about our relative business outlook. Any forward looking statements and all other statements made during this webcast that don't pertain to historical facts are subject to risks and uncertainties that may materially affect actual results. P ...
U.S. Global Investors(GROW) - 2025 Q2 - Quarterly Results
2025-02-12 21:29
Contact: Holly Schoenfeldt Director of Marketing 210.308.1268 hschoenfeldt@usfunds.com For Immediate Release U.S. Global Investors Reports Results for the Second Quarter of 2025 Fiscal Year ****************************************************************************** SAN ANTONIO–February 12, 2025–U.S. Global Investors, Inc. (NASDAQ: GROW) (the "Company"), a registered investment advisory firm1 with longstanding experience in global markets and specialized sectors, today reported operating revenues of $2.2 ...
U.S. Global Investors(GROW) - 2025 Q2 - Quarterly Report
2025-02-12 21:21
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the quarterly period ended December 31, 2024 OR ☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the transition period from ____________ to ____________. Commission File Number 0-13928 U.S. GLOBAL INVESTORS, INC. (Exact name of registrant as specified in its charter) (Sta ...
U.S. Global Investors Reports Results for the Second Quarter of 2025 Fiscal Year
Globenewswire· 2025-02-12 21:05
SAN ANTONIO, Feb. 12, 2025 (GLOBE NEWSWIRE) -- U.S. Global Investors, Inc. (NASDAQ: GROW) (the “Company”), a registered investment advisory firm1 with longstanding experience in global markets and specialized sectors, today reported operating revenues of $2.2 million, with a net loss of $86,000, or a loss of $0.01 per share, for the quarter ended December 31, 2024. Losses were reflective of market fluctuations and lower assets. At December 31, 2024, total assets under management (AUM) were approximately $1. ...
U.S. Global Investors Announces Second Quarter of Fiscal 2025 Webcast
Globenewswire· 2025-02-06 19:00
San Antonio, TX, Feb. 06, 2025 (GLOBE NEWSWIRE) -- U.S. Global Investors, Inc. (Nasdaq: GROW) will host a webcast on Thursday, February 13, at 7:30 a.m. Central time to discuss the company’s results for the second quarter of fiscal year 2025. ­Financial data for the quarter will be released prior to the webcast. Frank Holmes, Chief Executive Officer and Chief Investment Officer; Lisa Callicotte, Chief Financial Officer; and Holly Schoenfeldt, Director of Marketing, will participate in the webcast. Click her ...