Financial Performance - Operating revenues for Q3 2025 were $2.1 million, down from $2.6 million in Q3 2024, with a net loss of $382,000 or $0.03 per share[1][22]. - Total assets under management (AUM) decreased to approximately $1.2 billion as of March 31, 2025, from approximately $1.5 billion at December 31, 2024[2]. - The company repurchased 784,466 shares during the 12-month period ended March 31, 2025, an increase of approximately 12% compared to the same period in 2024[16]. - As of March 31, 2025, the company reported approximately $26.3 million in cash and cash equivalents, providing substantial flexibility for future opportunities[20]. - The company initiated a monthly dividend of $0.0075 per share starting in April 2025[15]. Investment Strategy - The company plans to increase its investment in Bitcoin and HIVE Digital Technologies, reflecting a favorable shift in the U.S. regulatory environment towards digital assets[4]. - The Travel UCITS ETF (TRIP) transitioned to an actively managed strategy, focusing primarily on the airline industry[13][14]. - Smart beta 2.0 merges passive and active investing strategies, offering potential benefits to investors[39]. Market Trends - The U.S. Global Technology and Aerospace & Defense ETF (WAR) launched in December 2024, has gained traction amid rising geopolitical risks, with global defense spending reaching a record $2.7 trillion in 2024[5][7]. - Gold prices reached an all-time high of over $3,500 per ounce, with expectations that it could climb as high as $6,000 due to Basel III rules recognizing gold as a Tier 1 asset[10]. Risks and Volatility - Investments in non-U.S. securities may lead to increased volatility and reduced liquidity due to currency fluctuations and political instability[36]. - Cryptocurrencies, including Bitcoin, are highly speculative with significant risk and historical price volatility expected to continue[37]. Stock Performance - The company's shareholder yield was 10.5%, more than double the yield on five-year and ten-year Treasury bonds[3]. - The IBD 50 index identifies the top 50 growth stocks based on fundamental and technical indicators, published weekly[38].

Financial Performance - Total assets under management decreased to approximately $1.2 billion as of March 31, 2025, down from $1.7 billion a year earlier, representing a decrease of $548.2 million [141]. - Average assets under management for the nine months ended March 31, 2025, were $1.5 billion, compared to $1.9 billion for the same period in 2024, indicating a decline of approximately 21.1% [141]. - Operating revenues for the three months ended March 31, 2025, decreased by $490,000, or 18.9%, compared to the same period in 2024, primarily due to a $494,000 decrease in advisory fees [150]. - The company recorded a net loss of $382,000 ($(0.03) per share) for the three months ended March 31, 2025, compared to a net loss of $35,000 ($(0.00) per share) for the same period in 2024 [149]. - The Company recorded a net loss of $153,000 ($(0.01) per share) for the nine months ended March 31, 2025, compared to net income of $1.0 million ($0.07 per share) for the same period in 2024, a change of approximately $1.2 million [156]. - Total consolidated operating revenues decreased by $2.1 million, or 24.0 percent, for the nine months ended March 31, 2025, primarily due to a decrease in advisory fees of $2.1 million, or 24.3 percent [157]. Expenses and Income - Total consolidated operating expenses decreased by $85,000, or 2.8%, for the three months ended March 31, 2025, primarily due to a $281,000 reduction in general and administrative expenses [151]. - Total consolidated operating expenses decreased by $144,000, or 1.7 percent, for the nine months ended March 31, 2025, driven by an $378,000, or 8.0 percent, reduction in general and administrative expenses [158]. - Total consolidated other income increased by approximately $520,000 to $2.1 million for the nine months ended March 31, 2025, primarily due to net investment income of $1.8 million, an increase of $456,000 compared to the previous year [159]. - Net investment income increased to $548,000 for the three months ended March 31, 2025, up from $460,000 in the same period in 2024, reflecting an increase of approximately 19.1% [152]. - The company recorded a tax expense of $137,000 for the three months ended March 31, 2025, an increase of $62,000 compared to the same period in 2024 [153]. - A tax expense of $229,000 was recorded for the nine months ended March 31, 2025, compared to $446,000 for the same period in 2024, representing a decrease of $217,000 [160]. Assets and Equity - The company held investments carried at fair value of $13.3 million as of March 31, 2025, which is approximately 27.3% of the company's total assets [147]. - The Company had net working capital of approximately $37.5 million as of March 31, 2025, a decrease of $666,000, or 1.7 percent, since June 30, 2024 [163]. - Consolidated shareholders' equity decreased by $2.9 million, or 5.9 percent, to $46.1 million since June 30, 2024, primarily due to stock repurchases and dividends paid [164]. Financing and Contracts - The Company has access to a $1.0 million credit facility, which remains unutilized as of March 31, 2025 [165]. - The investment advisory contracts with USGIF have been renewed through September 2025, and the advisory agreement for U.S.-based ETFs has been renewed through July 2025 [166]. - The Company believes current cash reserves and financing will be sufficient to meet foreseeable cash needs for operating activities [168]. Redemption and Fund Activity - The company experienced net redemptions during the nine months ended March 31, 2024, primarily driven by equity fund liquidations, contrasting with an increase in assets under management in 2025 [144].

Core Viewpoint - The company plans to increase its exposure to Bitcoin on a monthly basis, indicating a strategic shift towards cryptocurrency investments [1] Group 1 - The company is actively seeking to enhance its investment portfolio by incorporating more Bitcoin, reflecting a growing interest in digital assets [1] - This decision aligns with broader trends in the investment industry, where institutional investors are increasingly looking to diversify into cryptocurrencies [1] - The move may signal a potential shift in market dynamics as more traditional investment firms embrace Bitcoin as a viable asset class [1]

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].

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].

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]

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 ...

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, 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 ...

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 ...