Victory Capital(US:VCTR)2025-05-08 21:48Financial Highlights - Total client assets reached $1714 billion[7] - Long-term gross flows amounted to $93 billion with net flows of -$12 billion[7] - ETF gross flows were $31 billion and net flows were $28 billion[7] - Adjusted EBITDA stood at $1164 million with a margin of 530%[7] - Cash and cash equivalents totaled $176 million[7] - The quarterly cash dividend increased by 4% to $049 per share[7] Strategic Partnership with Amundi - Total assets under the partnership are projected to be $286 billion[9] - Projected net expense synergies are estimated at $110 million[9] Investment Performance - 67% of total mutual funds and ETFs AUM have 4- or 5-Star overall ratings[14] - 79% of strategies outperformed benchmarks over the 10-year period[15] Q1 2025 Financial Results - Revenue was $2196 million[18] - GAAP Operating Income was $929 million with a margin of 423%[18] - Adjusted Net Income with tax benefit was $881 million or $136 per diluted share[18]