Sprott(SII) - 2025 Q1 - Quarterly Report

Table of Contents Letter to shareholders 2 Management's Discussion and Analysis 4 Consolidated Financial Statements 22 Notes to the Consolidated Financial Statements 27 Dear fellow shareholders, Q1 2025 Review Sprott's Assets Under Management ("AUM") ended the first quarter of 2025 at $35.1 billion, up 11% from $31.5 billion as at December 31, 2024. Our AUM growth during the quarter was driven by surging gold prices and strong inflows to our physical gold and silver strategies. During the first three months ...