Victory Capital(US:VCTR)2022-11-04 15:03Financial Performance - The company's Q3 2022 Adjusted EBITDA margin expanded to 50%[8], with a year-to-date (YTD) margin of 49.6%[8] - Q3 2022 Adjusted Net Income with tax benefit per diluted share increased by 7% to $1.19, compared to $1.11 in Q2[8] - The company returned $67 million to shareholders in Q3 2022, bringing the YTD total to $143 million[18] - Q3 2022 revenue was $207 million[18] - Q3 2022 Adjusted EBITDA was $103.6 million[18] - Q3 2022 GAAP Net Income was $72.8 million, or $1.01 per diluted share[18] Assets Under Management (AUM) and Flows - As of September 30, 2022, AUM stood at $147.3 billion[18] - YTD long-term gross flows reached $26.8 billion, a 20% increase compared to Q3 YTD 2021[8] - YTD positive net long-term inflows amounted to $1.9 billion[8] - Q3 2022 net long-term outflows were -$553 million, showing improvement compared to Q2[8] Capital Management - The company reduced debt by $30 million in Q3 2022 and by $145 million YTD[18]