Gravity(US:GRVY) Globenewswire·2026-01-23 12:51Core Insights - Financial Gravity Companies, Inc. reported strong financial results for the first quarter of fiscal year 2026, highlighting significant revenue growth and improved profitability through effective expense management [3][7]. Financial Performance - Total revenue increased by 20% to $2.5 million compared to $2.1 million in the same period last year [7]. - Net income rose to $314,003, a substantial improvement from $46,216 in the first quarter of fiscal 2025 [7]. - Investment management fees increased by 24% to $2.1 million, driven by higher average assets under management [7]. - Assets under management exceeded $650 million as of December 31, 2025 [7]. - Insurance and service income grew by 7% to $485,152 [7]. - Professional services expenses decreased by 83% to $23,000, reflecting improved operational efficiency [7]. Business Model and Strategy - The company emphasizes the strength and scalability of its business model, which attracts advisors seeking comprehensive multi-family office capabilities [3]. - Financial Gravity aims to democratize family office benefits for mass affluent American families, providing personalized solutions that enhance the client experience [5]. - The company focuses on coordinated advice across various financial areas, including tax advice, investment management, and risk mitigation, to generate higher returns while maintaining a disciplined approach to risk [5].